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The BID price.

Discussion in 'General Forex Discussion' started by Robert Dudash, Nov 10, 2019.

  1. Robert Dudash

    Robert Dudash ECZ Member

    Nov 28, 2017
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    The BID price is the rate that your broker is willing to pay for the currency pair; in other words, this is the rate you receive if selling to the market. For example in the rate panel shown, the bid price is 1.05761. You could sell one Euro for 1.05761 US dollars. The ASK price is the rate at which your broker is willing to sell and represents the rate you must pay to buy the base currency. In the example 1 Euro will cost you 1.05775 US dollars.
  2. Selina josef

    Selina josef ECZ Member

    Oct 7, 2019
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    Forex traders always need the reliable broker’s support for leading a comfortable and highly profitable trading career which every trader’s dream. But due to the wrong decisions of broker selection most pf the traders lose their money. As a reliable broker I find out ForexOne because they are very active and loyal with their entire clients. They provide all the necessary facilities they promised to provide. I never face any funding problem with them.