The BID and the ASK Explained

Feb 8th, 2010

All Forex quotes have two parts, the BID and the ASK.

The Bid is the price at which you (as the trader) will open a sell. The Ask is the price at which you will open a buy. The difference between the bid and the ask price is known as the spread.

Related posts:

  1. MetaTrader Tips – Understanding MetaTrader Charts
  2. Interbank FX Margin Calls Explained: What Sets IBFX Apart
  3. GoMarkets MT4 FX Trading Conditions
  4. Go Markets Price Feed Enhancement – MetaTrader Broker
  5. Depth of Market (DOM) – MetaTrader 5

Comments are closed.