The bid is the price in which the dealer is willing to buy the base currency in exchange for the quote currency. This means the bid is the price in which you the trader will sell.
The ask is the price at which the dealer will sell the base currency in exchange for the quote currency. This means the ask is the price in which you the trader will buy.
The difference between the bid and the ask price is popularly know as the spread.
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Hedging - Protection from fluctuating currency pairs which is derived from trading goods and services
online currency trading
Forex is the buying of one currency and the selling of another concurrently. Typically, the major currencies—the British Pound (GBP), the Euro (EUR), the Japanese Yen (JPY), and the Swiss Franc (CHF)—are traded against the US Dollar (USD). Trade pairs in which the USD is not included are called cross pairs, and occur much less frequently.
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Capital One Forex offers easy and secure facilities to perform online deposits. Our trading environment supports multiple currencies and a wide range of payment methods such as MoneyBookers WebMoney, credit and debit cards and Bank Wire transfers.
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Simply login to the secure site and choose your preferred deposit method. Should you need any assistance in choosing a suitable deposit method or help in how to fund your account, please contact our professional customer support by email, phone or live chat.
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