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Forex question What do the terms bid and ask mean?
avatar Catkathy
Question by: Joseph - 19 May 2016, 08:46:06
What do the terms bid and 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 9438
Answer by: Samanthar - 19 May 2016, 08:51:22

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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