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What are Currency Pairs?

A currency pair is the quotation of two different currencies, with the value of one currency being quoted against the other. The first currency in a currency pair is called the “base” currency, and the second currency is called the “quote” currency.
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Online Forex/CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84.46% of retail investor accounts lose money when trading Online Forex/CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please read the full Risk Statement