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: Richfzcf

    training and education simple server monitoring downtown austin apartments

  2. Commented by: Richdcgp

    ems systems what does long term disability insurance cover how to get help with addiction

  3. Commented by: Richvhda

    vw dealerships in md average home gas bill flammability test chamber

  4. Commented by: Jacob

    Become a successful trader and start making up to $5000 a day.
    The more you earn, the more we both profit.Copy Binary Options Trades

1 3,209 3,210 3,211 3,212 3,213 3,469

Latest Comment

Your email address will not be published.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