vs USD. When you see “buy/sell,” it’s referencing the pair direction (not “buying EUR” in the physical sense). Before you place any order, verify the exact pair terms on each broker’s contract specs. #ForexBasics#CurrencyPairs
Quick quiz: In EUR/USD, which currency is the “base” and which is the “quote”? Base = the first currency (EUR). Quote = the second (USD). Now watch the quote move: If EUR/USD rises, it means the EUR portion is stronger vs USD. If EUR/USD falls, it means the EUR portion is weaker
Verify a broker license in 3 steps:
1. Find the legal entity behind the brand.
2. Locate the license/registration number.
3. Cross-check on the regulator's register + confirm the official domain.