BID price
This is the price where you sell, or where you close your buy order. The BID price is the best available price at that time to buy the contract you are trading.
ASK price
This is the price where you buy, or where you close your sell order. The ASK price is the best available price at that time to sell the contract you are trading.
Please note that when you have a buy order, in order to close this order the system performs the opposite.
Therefore, if you have a buy order, the system will sell to close, and if you have a sell order, the system will buy to close.
The difference between the BID and ASK prices is known as the spread.
Please refer to this FAQ to understand how to view the 'Ask Price' on your platform: Why Does My Chart Only Show the Bid Price?
Additionally, to learn how to calculate the cost of the spread, refer to this FAQ: How much is the cost of spread?
If you require further assistance from our support team, please contact us during our working hours as stated inside: How do I contact Valutrades Customer Support?