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Quote
The current market price of a currency pair, consisting of a bid and an ask price.
What is Quote in forex trading?
The current market price of a currency pair, consisting of a bid and an ask price. A quote provides the trader with the prices at which they can buy or sell a currency at that exact moment.
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
A quote provides the trader with the prices at which they can buy or sell a currency at that exact moment.
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