The rate at which you can sell the base currency, in our case it’s the Euro, and buy the quote currency, i.e the Japanese Yen.
Ask (or Offer)
The rate at which you can buy the base currency, in our case the British Pound, and sell the quoted currency, i.e. the Japanese Yen.
The difference between the Bid and the Ask prices.
The value of one currency expressed in terms of another. Its fluctuation depends on numerous factors including the supply and demand on the market and/or open market operations by a government or by a central bank.
Usually contract size is based on a lot system, and for most currency pairs 1 lot is 100,000 units of a base currency.
Minimum rate fluctuation
Hantec Markets offer a variety of live and demo trading accounts including Joint and Corporate accounts.