The BID and the ASK Explained

Feb 8th, 2010 | Filed under MetaTrader Brokers
Leave a comment | Trackback

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.

Free IBFX MetaTrader Demo Account
Open a Live IBFX MetaTrader Account

Why IBFX

Trading in the off-exchange retail foreign currency market is one of the riskiest forms of investment available.

Related posts:

  1. Interbank FX Margin Calls Explained: What Sets IBFX Apart
  2. MetaTrader Tips – Understanding MetaTrader Charts
  3. MetaTrader Tips – Trade Context is Busy Message
  4. MetaTrader Tips – Stop Orders
  5. IBFX 10% Deposit Match is back

Tags: , , , , , , ,
Comments are closed.