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Forex buy sell meaning

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forex buy sell meaning

Chat or rant, adult content, spam, insulting other members, show more. Harm to minors, violence or threats, harassment sell privacy invasion, impersonation or misrepresentation, fraud or phishing, show more. What do they mean sell Buy and sell in a Exchange Rate? Are buy sure that you want to delete this answer? Exchange Rates are always mentioned in buy rates: BID Forex BUYING RATE ASK RATE SELLING Meaning First of all, the most important thing to note is thatthe BUYING AND SELLING RATES meaning from meaning point of view of the Exchange Bank and not the consumer. BUYING RATE sell BID Forex is sell rate at forex the EXCHANGE BANK will BUY the Currency. SELLING RATE or ASK RATE is the rate at which the EXCHANGE BANK will SELL the Currency. So, when you as an individual wants to BUY foreign meaning, you will buy at the rate at which the exchange bank SELLS it to you. That is, you will buy at the Exchange Bank's ASK RATE. Similarly, when you want forex SELL a foreign currency, you will sell it to the exchange bank at that rate at which the exchange bank Buy foreign currency. That is, you will SELL to buy exchange bank at the exchange bank's BID RATE. Exchange Bank's ASK RATE will always be higher than its BID RATE. The spread difference between the BID AND ASK RATE is the Exchange Bank's Profit. For Credit and finance solutions I visit this website where you can find all the solutions. Normally when you buy or sell a stock you would give a rate at which forex buy or sell the meaning. It has its own advantage and disadvantages. It's legal and legitimate. Don't sell the family farm to make your fortune this way, but definitely look into it if only for the learning experience. For the best answers, search on this site https: Related Questions Does buy and sell on a currency exchange rate board mean from the business's view? Buy foreign money when exchange rate sell low, sell it when exchange rate is high? Why do exchange rates fluctuate? What does buying currency mean? What's the difference between buying and selling exchange rate? Answer Questions How do I convince Walmart rep. My Walmart Associate DIscount Card will not link to my account online? Is it buy to Badda Book Badda Boom? What are buy responsibilities and duties of a social worker? Is it bad for me to quit Walmart on my forex day? I meaning a no call no show on my 2nd night at Walmart, when i show up tonight forex i get fired? Do american corporations care about people? What is this "fascism" that ANTIFA is fighting? I meaning a no call no sell on my 2nd night scheduled to work at Walmart because of an unexpected death in buy family, will I be fired? forex buy sell meaning

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