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: Carrolmal

    Hey there, I just came across an awesome Mexican pharmacy to save on Rx. For those seeking and want meds from Mexico, Pharm Mex is worth checking out. Great prices and it is safe. Take a look: https://pharm.mex.com/#. Thank you.

  2. Commented by: ShawnDom

    To start playing at Pin Up Casino, you need to make Pin Up казино

  3. Commented by: RichardVeink

    Play your favorite games, get bonuses, and win on Pin Up Pin Up casino

  4. Commented by: Jamesguh

    Hi guys, Lately came across a great online source to save on Rx. For those seeking and want generic drugs, this store is the best option. Great prices plus it is safe. Check it out: mexican pharmacy. Get well soon.

1 2 3 4 5 545

Latest Comment

Your email address will not be published.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