This lesson assumes that you understand your financial goals and are familiar with all the risks and opportunities online trading provides. You can schedule a free call with our expert trader that will help you find the best way to achieve your financial goals.
1. Which is always higher: Bid or Ask?
A) Bid
B) Ask
C) Always the same
D) Depends on the currency pair
2. What is the definition of Spread?
A) Ask - Bid
B) Bid - Ask
C) Ask + Bid
D) Ask / Bid
3. What is 1 PIP equal to for non-JPY currency pairs?
Risk warning: Trading in financial instruments carries a high level of risk to your capital with the possibility of losing more than your initial investment. Trading in financial instruments may not be suitable for all investors, and is only intended for people over 18. Please ensure that you are fully aware of the risks involved and, if necessary, seek independent financial advice. The educational content on Tradimo is presented for educational purposes only and does not constitute financial advice.