The price at which the market (or broker) is willing to sell the base currency to the trader. This concept sits among the basic vocabulary every forex trader encounters early on, since pricing conventions and quote mechanics build directly on top of it.
The price at which the market (or broker) is willing to sell the base currency to the trader. This concept sits among the basic vocabulary every forex trader encounters early on, since pricing conventions and quote mechanics build directly on top of it.
It's the price a trader pays when buying, and combined with the bid it defines the spread. For beginner traders in particular, grasping this concept early helps avoid common, sometimes costly misunderstandings further down the road.
Shown as the higher of the two prices, often labeled "offer." It shows up in day-to-day trading through price charts, broker platform data, or news commentary, and recognizing it quickly can meaningfully shape decision-making in the moment.
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