GlossaryMarkets & assets

Quote currency

The second currency in a pair, showing how much is required for one unit of the base currency. It is not necessarily the broker account currency.

Do not confuse

Common comparison error

Quote currency identifies the price unit in a pair; it does not establish the broker account currency or payment rail.

Practical use

How to verify Quote currency

Read Quote currency together with Base currency, Cross currency pair, Major currency pair. The comparison must preserve the exact rule, value, state, and evidence described below.

A neutral example

For EUR/USD at 1.0850, USD is the quote currency: 1.0850 dollars are quoted for one euro. A EUR-denominated broker account can display the same pair without changing that relationship.

Evidence path

Where to verify Quote currency

Use the source that governs the exact contract, account, entity, or platform state. A general definition cannot replace current broker terms.

Symbol information and market scheduleMatch the symbol to its underlying market, price source, trading hours, weekend treatment, and settlement availability.

Broker platform recordCompare the platform symbol and timestamp with the named market or provider instead of relying on the asset label alone.