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

How do I withdraw my money?

To make a withdrawal, just log in to your account, click on the "My Account" tab in the top right corner, and then on the "Funds" tab in your dashboard. Enter the amount you wish to withdraw and fill in the fields required and then click the "Submit" button

Glossary

Pip

It is the smallest price change that can be seen in exchange rates. The prices of currency pairs are in most cases displayed to four decimal places. The term "PIP" stands for "percentage in point".

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