Value Of Base Currency On Forex Market
In an indirect quote, the currency is the base currency as well as the household currency is the counter or quote currency. In the Forex market, foreign exchanges are sold in pairs and it is very easy to comprehend FX quotes.
Currencies often have two prices: offer (the amount that the commerce will buy the counter currency for in relation to the base currency) ; and inquire (the number the market will sell one section of the base currency for in relation to the counter currency).
Consultant - kind of trading account management technique in form of a program founded on MetaQuotes Language 4. This program sends orders and orders to a server making use of the client terminal.