Forex involves buying and selling currency. The trader should know about ask price or bid price in forex trading. The bid price is the price at which a trader wants to sell a currency pair. The "ask price" is the price at which a trader buys a currency pair. The difference between buy and sell prices means spread. Low spreads are essential for a short time trading strategy. That’s why I choose Eurotrader which offers the lowest spreads in the market.
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