Saturday, August 11, 2007

Whatamp;#39;s the difference between spot amp; limit in forex ? -

Spot price is the price of the currency in that exact point in time. So if you put through a market order, your order will be executed at or around that price (if the number moves between you seeing it and you pressing the order button). Limit price is if you are going to place limit orders. That is the maximum (if long) or minimum (if short) price you will accept to order. Good luck mate!

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