What is the Bid and Ask Price? – Forex Terminology


What is the bid and ask price? Following
on from the recent video explaining what the spread is, a lot of you guys have
asked, what is the bid? And, what is the ask? The bid represents a price that the
trader can sell the base currency, shown to the left of a currency pair,
for example; euro USD, euro would be the base currency. The ask represents a price
that a trader can buy the base currency. If you have any questions or
terms you would like covered, please write a comment below. If you’re
interested in attending one of our free forex workshops click on the link in the
description to register today.

Leave a Reply