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BlogWhat is Bid Price in forex trading?
The highest price a buyer is willing to pay for a currency pair. When you sell a currency pair, you receive the bid price. It is always lower than the ask price.
What this looks like across the brokers we track
Across the 42 brokers BrokerAnalysis tracks, the median EUR/USD spread is 0.5 pips, ranging from 0.0 to 1.5 pips, with 36 figures taken from the broker's own published specification.
Measured across 42 entities in the BrokerAnalysis dataset. See the full broker comparison
Detailed Explanation
When you sell a currency pair, you receive the bid price. It is always lower than the ask price.
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