English
Afrikaans
Albanian
Amharic
Arabic
Bulgarian
Chinese (Simplified)
Chinese (Traditional)
Croatian
Dutch
Filipino
French
German
Greek
Hindi
Indonesian
Irish
Italian
Japanese
Korean
Lao
Latin
Nepali
Persian
Polish
Portuguese
Romanian
Russian
Serbian
Sesotho
Spanish
Thai
Turkish
BID, ASK and SPREAD
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.
compare monitored alarm systems university of the southern caribbean non medical home care agencies
human resources business studies family law fort worth business email marketing list
shanghai pudong international airport hotel credit card storage mobile trends
check california contractor license insulinpumps transfer credit card debt