What is the Bid Price in Forex?

Bid
Forex Trading Glossary

Quick Answer: The bid is the price at which you can sell a currency pair - it represents what the market will pay you. It is always slightly lower than the ask price.

What is the Bid Price?

The bid price is the highest price a market participant is willing to pay for a currency pair. When you sell a pair, you transact at the bid.

Bid Price Basics

  • Paired with the ask: Together they form the spread.
  • Dynamic: Moves constantly as liquidity providers update quotes.
  • Execution: Market sell orders hit the bid; limit buy orders rest at or below it.
  • Level II data: Shows the depth of bids at different price levels.

Related Terms

Learn More About Forex Trading

Now that you understand bid, explore our comprehensive guides: