💱 What are Bid and Ask prices?
When you trade Forex or CFDs, you will always see two prices:
Bid → The price you can sell at
Ask → The price you can buy at
The difference between them is called the spread.
📉 Bid Price
The Bid is the price at which you can sell an instrument.
It represents the highest price a buyer is currently willing to pay.
📈 Ask Price
The Ask is the price at which you can buy an instrument.
It represents the lowest price a seller is currently willing to accept.
📊 What is the Spread?
The difference between the Bid and the Ask price is called the spread.
Spread = Ask Price – Bid Price
The spread represents the cost of entering a trade.
⚠️ This content is provided for informational purposes only and does not constitute investment advice.
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