Disclaimer: 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.
Web Trader MT5
Q
Quorum
The minimum number of members required to be present at a meeting in order for decisions to be made.
Quota
A limit on the amount that a product can be traded.
Quotation
The process of providing a price quote for a product.
Quote
The current price at which a product is available for trade.
Quote currency
In any currency pair, the quote currency is the second one listed, and it is the unit in which the price is expressed. It is also called the counter currency or the terms currency. The pair always answers a single question: how many units of the quote currency does it take to buy one unit of the first currency, the base? So in EUR/USD, the euro is the base and the dollar is the quote, and a price of 1.08 means one euro costs 1.08 US dollars.
When the quote rises, the base is strengthening against it; when it falls, the base is weakening. Getting this the right way round matters, because profit and loss on a trade is denominated in the quote currency before any conversion back to your account currency.
Example: A trader looking at USD/JPY at 150.20 reads it as one US dollar buying 150.20 Japanese yen, with the yen as the quote currency, so if the pair climbs to 151.00 the dollar has gained against the yen and a long position is generally sitting in profit.
Quote currency pair
A currency pair in which the quote currency is the same as the account currency.
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