What currency is the Entry Price quoted in?

thread: What currency is the Entry Price quoted in?

  1. #1
    Junior Member miki9424's Avatar
    24

    What currency is the Entry Price quoted in?

    The Entry Price to buy GBPCAD is recorded as being 1.7846. My account uses USD as the base currency.

    Of those 3 currencies (USD, GBP, CAD) that is the entry price quoted in?

    Just how much in USD (without any leverage) would it cost to purchase one standard 100,000 lot of GBPCAD?
    178,460 USD or 178,460 GBP or 178,460 CAD?

  2. #2
    Junior Member kmokzok's Avatar
    27
    The Entry Price to buy GBPCAD is recorded as being 1.7846. My account utilizes USD as the base currency. Of the three currencies (USD, GBP, CAD) which is the entrance price quoted in? Just how much in USD (without any leverage) could it cost to purchase one normal 100,000 lot of GBPCAD? 178,460 USD or 178,460 GBP or 178,460 CAD?
    Just how much in USD (without any leverage) could it cost to purchase one regular 100,000 lot of GBPCAD?
    Gbp/usd*100,000 (1.5016*100,000=150160)

    p.s. if you're more concerned with the value/pip of your transactions, there are some calculators (corrected to the leverage you'll use).

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