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Hoots : Bid and Ask Trading The Bid price I've always taken it to mean the price market participants are willing to buy at. Therefore if I want to go sell shares I would sell it at the bid. Opposite way around for the ask. That's - freshhoot.com

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Bid and Ask Trading
The Bid price I've always taken it to mean the price market participants are willing to buy at. Therefore if I want to go sell shares I would sell it at the bid. Opposite way around for the ask.

That's how all trading platforms I've used historical have worked.

I've moved to a new platform and they have it as I buy at the bid and sell at the ask. Am I missing something obvious here, it seems weird to me??


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It's very common that forex or CFD brokers use this kind of "trick" to earn the fork or spread of prices from customers. If your broker uses an MT4 platform this is always true. This means each time you open a trade you are already losing the spread of prices from Bid to Ask plus the commission.


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