Definition of Bid
The price at which you can sell a currency pair. It is always the lower of the two quoted prices. When you open a sell trade, you enter at the bid price.
At a glance
Term
Bid
URL slug
bid
Category
Pricing & quotes
Short answer
The price at which you can sell a currency pair.
Deep dives
Full A–Z glossary
Example
Apply the definition: restate “Bid” in one sentence tied to your next trade (symbol, direction, size, stop). If you cannot, re-read the definition above.
Common mistake
Common mistake: using “Bid” as loose slang while your broker/platform specification defines it more narrowly.
Professional tip
Tip: bookmark this “Bid” page and reopen it when reading broker specs so definitions stay consistent.
Practice tools:
Related terms
FAQ
The price at which you can sell a currency pair.
Knowing the precise definition of “Bid” prevents platform and broker-spec mistakes—a common source of size and cost errors.
Common mistake: using “Bid” as loose slang while your broker/platform specification defines it more narrowly.