We want to clarify that IG International does not have an official Line account at this time. We have not established any official presence on Line messaging platform. Therefore, any accounts claiming to represent IG International on Line are unauthorized and should be considered as fake.
CFDs are complex instruments. 70% of retail client accounts lose money when trading CFDs, with this investment provider. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money. CFDs are complex instruments. 70% of retail client accounts lose money when trading CFDs, with this investment provider. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money.

Quote currency definition

The quote currency is the second currency listed in a forex pair. It is also known as the counter currency.

The price of a forex pair reflects how much it costs to purchase one unit of the base currency by selling the quote currency.

In a pair listed as GBP/USD, USD is the quote currency. In EUR/CHF, CHF is the quote currency. The first currency listed is referred to as the base currency; GBP and EUR would be the respective base currencies for the above examples.

Quote currency example

If GBP/USD is at 1.5000, for instance, then one British pound is equal in price to $1.5000. If the base currency (the pound) increases in value or the quote currency (dollar) drops, the amount of dollars needed to buy one pound will increase. If the base drops in value or the quote increases, the opposite effect will occur.

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Questions about opening an account: +44 (20) 7633 5430 or email: sales.en@ig.com

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The risks of loss from investing in CFDs can be substantial and the value of your investments may fluctuate. 70% of retail client accounts lose money when trading CFDs, with this investment provider. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how this product works, and whether you can afford to take the high risk of losing your money.

CFD Accounts provided by IG International Limited. IG International Limited is licensed to conduct investment business and digital asset business by the Bermuda Monetary Authority.

IG provides an execution-only service. The information in this site does not contain (and should not be construed as containing) investment advice or an investment recommendation, or an offer of or solicitation for transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result.

The information on this site is not directed at residents of the United States and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

IG International Limited is part of the IG Group and its ultimate parent company is IG Group Holdings Plc. IG International Limited receives services from other members of the IG Group including IG Markets Limited.

Quote currency definition

Quote currency example

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