What is a base currencyWhat is a base currency versus a quote currency? The base c... More versus a quote currencyWhat is a quote currency compared to a base currency? The q... More?
The base currencyWhat is currency? Currencies are the generally accepted medi... More is the first in a . In , currencies are always paired and the base currency is the currency you are buying.
For example, in the currency pair, the base currency is and in , the base currency is .
The second currency in the currency pair is the . On , the quoteIn trading, quote is a combination of a bid and an ask pri... More currency is the priceWhat are value stocks? A value company is a company that app... More displayed.
Example: If the EUR/USDEUR/USD is a currency pair consisting of the euro and t... More is quoted as 1.30, to buy €1, you would need to pay $1.30, the US dollar priceWhat is price? The price is the measure of the value of good... More being the quote currency on the chart.
Trading with currencies
At tradimo, currency trading is one of our focus areas. In addition to a special , check out our . If you are new to trading, we recommend you our forex beginner strategy:
