Forex Glossary
What Is Base & Quote Currency?
In a pair the first is the base (EUR in EUR/USD), the second the quote (USD). The price shows how much quote currency 1 base currency is worth.
If EUR/USD is 1.10, one euro is worth 1.10 dollars. Buying means buying the base and selling the quote.
Risk warning. Leveraged forex trading carries high risk and in Türkiye may only be offered by SPK-authorised intermediaries; leverage is capped at 1:10 (half of that may apply if the initial margin at account opening is below TRY 50,000). This content is not investment advice; user statements belong to their authors.