WHAT ARE THE BID/ASK PRICES?

At FOREX there are two way price quotations. The bid price represents the maximum price that a buyer or buyers are willing to pay for a security. The ask price represents the minimum price that a seller or sellers are willing to receive for the security. Which price is going to be used depends on whether it is a buy or sell operation.


Bid price:
The purchase cost of one currency pair.

Ask price: The sale cost of one currency pair.


Example:

CURRENCY

ASK

BID

EURUSD

1.12355

1.12350


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  • After depositing the initial investment you can easily start to trade.

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