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: KennethEsowl

    50 mg prednisone from canada prednisone capsules 25 mg prednisone

  2. Commented by: Kiss918Best776inink

    Dive into the exciting world of online gaming with kiss918, offering a wide selection of casino games and big winning opportunities.

  3. Commented by: Kiss918Jisa396Reork

    Take your online gaming to the next level with kiss918, offering 24/7 access and non-stop fun.

  4. Commented by: SamuelSteex

    prednisone 100 mg: prednisone 1 tablet – 10 mg prednisone

1 6 7 8 9 10 3,761

Latest Comment

Your email address will not be published.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