TRADING GLOSSARY
Quote currency
The quote currency is the second currency in a pair. Prices, pip values and profits are first calculated in it.
EXAMPLE
In EURJPY, the Japanese yen is the quote currency, so a pip on one lot is worth 1,000 yen.
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Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Glossary definitions are general education only and are not investment advice. Risk disclosure