Quote
A displayed price showing the current bid and ask for a financial instrument.
A quote is the most recent price at which a financial instrument is available to buy or sell. In forex, a quote shows how much of the quote currency is needed to purchase one unit of the base currency. Quotes consist of two prices: the bid (what buyers will pay) and the ask (what sellers want), with the spread between them representing the cost of entering a trade.
How It Works
- Streamed in real time from liquidity providers to your trading platform
- EUR/USD 1.0850/1.0852 means sell at 1.0850 (bid) or buy at 1.0852 (ask)
- First currency is the base; second is the quote currency
- Indicative quotes are approximate and may not be executable; firm quotes can be traded on immediately
Trading Tips
Always look at both bid and ask before placing a trade. The spread is your immediate cost.
Compare quotes across brokers. Differences in pricing add up over many trades.
During high-impact news, quotes can widen dramatically. Avoid market orders when the spread is abnormally wide.
Related Terms
Put Your Knowledge Into Practice
Compare regulated brokers and find the best one for your trading style.
matched with AvaTrade
2 minutes ago