Knowing the transaction costs associated with your trading. What are forex spreads?. When you begin trading, you’ll notice that you’re given a ‘bid’ (or ‘sell’) price and an ‘ask’ (or ‘buy’) price. The ‘bid’ is the price at which you sell the base currency, and the ‘ask’ is the price at which you buy the base currency. The difference between these two prices is what we call the spread.
ECN Trading. What is ECN Pricing?. As a broker offering ECN Pricing, Orfinex Capital streams price feeds directly from our liquidity providers. We understand that today’s traders value deep liquidity, the highest levels of price transparency, tight spreads and ultra-fast execution to ensure minimal slippage.
Myth No. 1: You Can’t Earn Anything In Forex. Of Course, This Is Quite Far From The Truth. If You’re New To The Market, It’s True That You’ll Need Some Time To Understand How To Use The Trading Terminal, Learn The Terminology And How To Place Trades. Everything That Follows Will Turn Into An Exciting Process: You Place Orders To Buy Or Sell Currency, Someone Buys It From You At Your Price, Then You Look For Favorable Offers And Buy With An Intention To Sell Higher.