Basics

Ask

The ask (or offer) is the price at which you can buy an instrument. It is the higher of the two prices quoted, and short positions are closed at the ask.

Also called: ask price, offer, offer price, buy price

Hypothetical example

Hypothetically, EUR/USD is quoted 1.1000 / 1.1002. The ask is 1.1002: a buy order fills there.

Bid
Spread
Long position

Used in these guides

Basics8 min read
Pips, lots and spreads explained
How price moves are measured, how trade size turns pips into money, and what the spread costs you on every trade.
Basics8 min read
Going long and short: how buy and sell trades work
A long trade gains if the price rises; a short trade gains if it falls. Both lose money when the price moves the other way.
Costs & risk8 min read
Trading costs: spread, commission and swap
What you pay to open, hold and close a trade, how each cost is calculated and where NextTrade publishes its figures.

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Risk Warning: CFDs are complex instruments and come with a high risk of losing money.

Ask

Hypothetical example

Related terms

Used in these guides

Pips, lots and spreads explained

Going long and short: how buy and sell trades work

Trading costs: spread, commission and swap