Did you know that several types of trading robots exist? Of course! Especially since they are gaining popularity as the perfect investment assistant. Let’s first clarify, what is a trading robot? It is the new modern technology that can work with precision and without a break. The reason for this is that they are automated….
Bid vs Ask Price The Bid price is the price a forex trader is willing to sell a currency pair for. Ask price is the price a trader will buy a currency pair at. Both of these prices are given in real-time and are constantly updated. So for example, the British pound against the US…
Spread Definition Most forex currency pairs are traded without commission, but the spread is one cost that applies to any trade that you place. Rather than charging a commission, all leveraged trading providers will incorporate a spread into the cost of placing a trade, as they factor in a higher asking price relative to the…