CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts lose money when trading in CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Does my chart show the bid price or the ask price?
In MT5, charts show the bid price by default; to view the ask price, right-click the chart, go to properties, show tab, check "show ask price line," and click OK.
Bid vs ask price
Price type
Meaning
Bid price
The price at which you can sell a product.
Ask price
The price at which you can buy a product.
Spread
The difference between the bid price and ask price.
Steps to show the ask price line on MT5 desktop
Step
Action
1
Right-click the chart.
2
Select Properties.
3
Go to the Show tab.
4
Tick Show Ask Price Line.
5
Click OK.
Important notes
MT5 charts display bid prices by default.
Buy orders are generally executed using the ask price.
Sell orders are generally executed using the bid price.
The bid-ask difference may affect whether pending orders, stop loss, or take profit levels are triggered.
