ODEONKAPITALS

A connected trading and portfolio workspace designed for clear, considered financial decisions.

Contact support

Platform

  • Explore platform
  • Markets and trading
  • Portfolio and reporting
  • Funding and withdrawals
  • Fees and costs

Markets

  • Market news
  • Learn
  • Account types
  • Staking and savings
  • Understanding risk

Company

  • About Odeon Kapitals
  • Our teams
  • Careers
  • Contact

Support

  • Help center
  • Contact support
  • Sign in
  • Open an account

Legal

  • Legal documents
  • Privacy Policy
  • Terms of Service
  • Risk Disclosure
  • Compliance Policy
  • Liquidity Advance Terms
Start your journey

Ready to trade?

Compare account tiers, review earn products, and enter the connected customer workspace.

Start tradingCompare account types

Your account. Your control.

Registered company

ODEON KAPITAL AG

UID CHE-348.764.474 · CH-ID CH-020.3.052.833-2
FCRO-ID 1579892

Registered address

c/o Chambre de Commerce et d'Industrie France Suisse
Neumarkt 6, 8001 Zürich

Risk warning

Trading financial instruments and digital assets involves risk and may result in the loss of capital. Review the applicable product information and risk disclosures before making a decision.

© 2026 ODEON KAPITAL AG. All rights reserved.

PrivacyTermsRisk disclosureCompliance
Loading live markets
TradingView
ODEONKAPITALS
HomeAccount types
  1. Learn
  2. Trading Glossary
  3. Quote Currency

Quote Currency

The quote currency is the second currency in a pair and supplies the units used to express one unit of the base currency.

Defined termReviewed 16 July 2026

Related terms

Base CurrencyPipCurrency PairForeign Exchange (Forex)Ask PriceBid Price

Educational risk notice

This material is general education, not personal investment advice or a promise of results. Markets can move beyond planned levels, and losses can exceed expectations when leverage, liquidity, gaps, or operational failures are involved.

Read the full risk disclosure
Trading glossaryReviewed 16 July 2026

Definition

The quote currency is the second currency in a pair and supplies the units used to express one unit of the base currency.

In market context

In EUR/USD, USD is the quote currency, so a price of 1.10 means one euro is valued at 1.10 U.S. dollars. A price increase indicates that the base currency strengthened relative to the quote currency, assuming the quotation convention is unchanged. P&L may still require conversion when the account currency differs, adding another exchange rate and potentially another spread or fee.

Source

Use the primary source for fuller regulatory or market context.

CFTC — Foreign Currency Trading Customer Advisory

Educational risk notice

This material is general education, not personal investment advice or a promise of results. Markets can move beyond planned levels, and losses can exceed expectations when leverage, liquidity, gaps, or operational failures are involved.

Read the full risk disclosure

Related glossary terms

Selected from explicit term relationships and shared tags.

beginner3 min

Base Currency

The base currency is the first currency in a quoted pair and represents the unit whose value is being expressed in the quote currency.

forex · marketsRead guide
beginner3 min

Pip

A pip is a conventional unit for expressing a currency pair’s price change, commonly the fourth decimal place but dependent on the pair’s quotation.

forex · pricingRead guide
beginner3 min

Currency Pair

A currency pair quotes the value of one currency, the base, in units of another currency, the quote currency, for a foreign-exchange transaction.

forex · marketsRead guide
beginner3 min

Foreign Exchange (Forex)

Foreign exchange is the market and process for exchanging one currency for another at a rate expressed through a currency pair.

forex · marketsRead guide