Knowledge Center

General Information

EURUSD

The EURUSD currency pair is the most often used one on the foreign exchange market. It represents the exchange rate between the US dollar and the euro. While 19 of the EU’s 27 members utilize the euro, the US dollar is the country’s official reserve currency.

 

The EURUSD is important in the trading community due to its stability and liquidity. One of the most well-liked currency pairs, the EURUSD, gives traders a selection of alternatives for buying and selling currencies. Also, because the US dollar and the euro are stable, traders who want to reduce their risk exposure typically use this currency pair.

Questions and Answers

Do I need to send you any documents?

In order to comply with regulator’s requirements and AML policy, you need to verify the account by sending your documents that prove your identity and your place of residence. This is known as the Know Your Client (KYC) process and is a simple and fast procedure that our Customer Support team will be able to walk you through if you need any assistance.

Glossary

High-Frequency Trading (HFT)

A trading approach that employs powerful computers to execute a huge number of trades at extreme speed.

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