Offer is the price for traders to Sell the currency. In bid and ask / offer prices, the bid price stands in contrast to offer the price, or “tender”, and the difference between the two is called the bid/offer spread.

Offer price usually higher than bid price. for example, if the bid price of eur/usd is 1.5500, the offer price can be 1.5502. the different of bid and offer is called spread. on the example, the spread is 2. Most brokers usually get the profit from spreads. So, larger spread means higher profit for brokers, but higher lost for traders. It’s recommended to choose broker with low spread.