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Ask
Ask ("demand") is one of the basic concepts in forex, meaning the buying price. Buying and selling of currency takes place at different quotations: a trader always buys at ask (offer). In this case, the buying price (demand) is always higher than the selling price (offer). Similarly, prices behave in a bank exchange office: a visitor sees two quotes on the scoreboard - at a higher price the bank sells currency to the client and at a lower price it buys. On the price chart in the trading terminal - in Forex it is MetaTrader - the ask line is not displayed by default, but it can be added. The ask price is always accompanied by the bid ("offer") price - the selling price. The expression "hit bid" means to sell at bid prices. The difference between ask and bid is called spread, it is a dynamic value.

Risk Warning

Before embarking on Forex trading, it is essential to thoroughly evaluate your investment objectives, level of experience, and risk tolerance. Never allocate funds that you cannot afford to lose.

Off-exchange foreign exchange transactions carry significant risks, encompassing leverage, credit risk, limited regulatory protections, and market volatility. These factors can significantly influence currency prices and liquidity.

Furthermore, the leverage inherent in forex trading means that market fluctuations can result in substantial gains or losses relative to your initial investment. If market conditions go against you, you may risk losing your entire initial margin and be required to inject additional funds to maintain your position. Failure to meet margin requirements may lead to position liquidation and subsequent losses for which you bear responsibility

Before embarking on Forex trading, it is essential to thoroughly evaluate your investment objectives, level of experience, and risk tolerance. Never allocate funds that you cannot afford to lose.

Off-exchange foreign exchange transactions carry significant risks, encompassing leverage, credit risk, limited regulatory protections, and market volatility. These factors can significantly influence currency prices and liquidity.

Furthermore, the leverage inherent in forex trading means that market fluctuations can result in substantial gains or losses relative to your initial investment. If market conditions go against you, you may risk losing your entire initial margin and be required to inject additional funds to maintain your position. Failure to meet margin requirements may lead to position liquidation and subsequent losses for which you bear responsibility