Ask Price

The Ask Price is the price at which a seller is willing to sell an asset, such as a currency pair, stock, or commodity. In trading, when you want to buy something, you will pay the ask price. It is also sometimes called the offer price. The ask price is almost always slightly higher than the bid price (the price a buyer is willing to pay), and the difference between the two is called the spread.

The ask price is important because it shows how much it will cost you to enter a trade as a buyer. For example, if the ask price for EUR/USD is 1.1050, this is the price you will need to pay if you want to buy euros. In fast-moving markets, the ask price can change quickly based on supply and demand. Understanding the ask price helps traders manage their costs and make informed decisions when opening or closing trades.

Browse through other terms in our Trader’s Dictionary.