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, is subject to SPK regulation (1:10 leverage cap, ~50,000 TRY margin). This content is not investment advice; user statements belong to their authors.