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Account currency

The account currency is the currency your trading account is held in: balance, margin, profit and loss are all shown in it. Results on instruments priced in other currencies are converted into it.

Also called: base currency of the account, deposit currency

Hypothetical example

Hypothetically, your account is in US dollars and you trade EUR/GBP, whose gains and losses are in British pounds. Each result is converted into US dollars at the current rate when it is booked.

Related terms

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