Actually the term ask and bid refers to a two-way price quotation that indicates the best price at which a security can be sold and bought at a given point in time. The bid price represents the maximum price that a buyer is willing to pay for a security. The ask price represents the minimum price that a seller is willing to receive. A trade or transaction occurs after the buyer and seller agree on a price for the security. With Trade12 I am enjoying high leverage up to 1:400, narrow trading spread, superior fast execution and no set up fees.
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