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: Richhkbd

    bipolar anxiety medications colleges with electrical engineering monitoring infrastructure

  2. Commented by: AybaAbino

    admission essay services definition essay help help essay

  3. Commented by: Richqtui

    best free dynamic dns paid vpn how to check a domain name

  4. Commented by: Richurop

    orthodontist san antonio tx bond duration on line french courses

1 3,099 3,100 3,101 3,102 3,103 3,466

Latest Comment

Your email address will not be published.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