BID, ASK and SPREAD

0fd6b1870b8de5e3ec37e14d4ecf3981_1497466741_5558

ASK: the price of the base currency at which the dealer is willing to sell in exchange for the quote currency. In simple words, the ask is the price at which you will buy.

SPREAD: the difference between the ask and the bid prices. In other words, it is the difference between the market maker’s “selling” price (to its clients) and the price the market maker “buys” it from its clients.

By the way, the BID is always lower than the ASK. The reason for this mystery is that the SPREAD (the difference between the bid and the ask prices) is how FOREX brokers get paid for their services without charging you with commissions or special fees.

Latest Comment

  1. Commented by: CharlesSaX

    вакансии для девушек без опыта Работа хостес в Южной Корее привлекает девушек со всего мира своей кажущейся легкостью и возможностью быстро заработать. Однако, перед тем как принять решение, необходимо изучить рынок труда, ознакомиться с отзывами тех, кто уже работал в этой сфере, и оценить свои возможности и готовность к трудностям.

  2. Commented by: RaymondFus

    Hey all! I found an awesome pharmacy online to buy generics at a discount. Pharmiexpress provides huge discounts on health products. For fast service, visit here: click here. Thanks.

  3. Commented by: RaymondFus

    п»їActually, I was looking for Doxycycline fast and found Antibiotics Express. They let you purchase generics online legally. For treating a bacterial infection, try here. Fast shipping to USA. More info: antibioticsexpress.com. Get well soon.

1 2 3 4 5 523

Latest Comment

Your email address will not be published. Required fields are marked *