Bid-Offer Spread – The difference between the rates bid and offer for a particular market instrument. Or in other words this is the amount by which the ask price exceeds the bid. There is an essential difference between the highest price that a buyer is ready to pay for an asset and the lowest price for which a seller wants to sell it.
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The very basics First you need to know a little about forex market makers.
Definition Plain Vanilla This is the most basic or standard version of a financial