Bid
The bid is generally the price at which you can sell.
Ask
The ask is generally the price at which you can buy.
Example:
Bid = 1.2500
Ask = 1.2502
Spread = 2 pips.
This is why you may sometimes notice that a newly opened position appears slightly negative even though price hasn’t visibly moved much.
The spread contributes to that difference.
Key Takeaways
Remember:
Bid = sell
Ask = buy
The difference between them is the spread.
Disclaimer
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
