This is the value of the second currency in a currency pair (see). If you open a transaction on the Forex market (see), each time you buy or sell, in a currency pair the base currency (see) is the first number and the second of the pair is the quote currency. For example, in the currency pair EUR / USD (euro / dollar), USD is thequote currency. This means that one euro will cost a certain number of dollars. For example, if the EUR / USD rate is 1.2264, it means that for 1 euro you can buy 1.2264 dollars.
Trading in financial markets involves substantial risks, including complete possible loss of investment capital. This activity is not suitable for all investors. High leverage increases the risk (Risk Disclosure).