Common comparison error
A cross-currency pair is defined by excluding USD, not by being exotic or by having a particular spread or payout.
A forex pair that does not include the US dollar, such as EUR/JPY. Coverage of crosses shows whether the asset list extends beyond major USD pairs.
A cross-currency pair is defined by excluding USD, not by being exotic or by having a particular spread or payout.
Read Cross currency pair together with Major currency pair, Asset, Currency pair. The comparison must preserve the exact rule, value, state, and evidence described below.
EUR/JPY is verified as a cross because neither side is USD. Its provider, session, quote precision, payout, and settlement are recorded separately from the broker's major USD pairs.
Use the source that governs the exact contract, account, entity, or platform state. A general definition cannot replace current broker terms.