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: Ewnceprold

    is cialis safe https://hdcillis.com/ shopping for cialis

  2. Commented by: Williamtousy

    dark web site dark market onion

  3. Commented by: Arnoldjat

    dark markets 2023 dark website

  4. Commented by: Patildy

    maryland health insurance quotes workplace accident investigation types of us work visas

1 2,576 2,577 2,578 2,579 2,580 3,571

Latest Comment

Your email address will not be published.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