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Forex question What do the term bid/ask mean?
avatar Mymelody
Question by: Samanthar - 27 May 2016, 09:04:01
What do the term bid/ask mean?
<a href="https://www.instaforex.com/?x=YOUR_PARTNER_LINK">InstaForex</a>
<a href="https://www.instaforex.com/?x=YOUR_PARTNER_LINK">InstaForex</a>
<a href="https://www.instaforex.com/?x=YOUR_PARTNER_LINK">InstaForex</a>
Answers (1)
avatar user 9544
Answer by: Joseph - 27 May 2016, 09:09:20

Bid is the highest price that the seller is offering for the particular currency at the moment; Ask is the lowest price acceptable to the buyer.

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