{forex} -

: The difference between the buy (bid) and sell (ask) price, which represents the broker's primary cost. Essential Getting-Started Resources

: The first currency in the pair, representing one unit. {forex}

: You buy a pair if you expect the base currency to strengthen. : The difference between the buy (bid) and

: Currencies are always traded in pairs, such as EUR/USD (Euro vs. U.S. Dollar). {forex}

: You sell if you expect the base currency to weaken against the quote currency. Pips and Spreads : Pip : The smallest price move a given exchange rate makes.