Glossary

Ask

Market basics

The ask is the price at which a buy deal is priced in MetaTrader 5's description of a deal.

Explanation

MetaTrader 5's help says buying is executed at the demand price, the Ask. A market buy is generally done at the Ask. Stop loss and take profit on a short position are checked against the Ask. Pending buy limits and buy stops are also described against the Ask. The ask on the screen is the platform's current quote. Whether the deal is filled there depends on the execution mode the broker has set for the symbol.

This page explains published terms for education and reference. It is not financial, investment, tax, or trading advice, and it does not recommend a firm, product, or strategy.

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Sources and last check

Last checked . Rules, prices, and product names change. Read the source.