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Our Group: CySEC FSA

Currency Pair

Currencies are traded in pairs. Trade a currency basically means selling one currency for another. Traders who do so are expecting the currency they’re buying to rise relative to their selling currencies.

Currency pairs are just a simple way to express this relation. For example, The euro/British pound currency pair is expressed as follows: EUR/GBP.

If this particular pair has an exchange rate of 0.92, one euro can currently buy for 0.92 GBP. Traders expecting this number to go up will want to buy this pair, while traders who expect it to drop will want to sell this pair.

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Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70,70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please consider our Risk Disclosure