Definition of Quote
The current price of a currency pair, displayed as bid/ask. For example, EUR/USD 1.1000/1.1002 means the bid is 1.1000 and the ask is 1.1002.
At a glance
Term
Quote
URL slug
quote
Category
Pricing & quotes
Short answer
The current price of a currency pair, displayed as bid/ask.
Deep dives
Full A–Z glossary
Example
Apply the definition: restate “Quote” in one sentence tied to your next trade (symbol, direction, size, stop). If you cannot, re-read the definition above.
Common mistake
Common mistake: using “Quote” as loose slang while your broker/platform specification defines it more narrowly.
Professional tip
Tip: bookmark this “Quote” page and reopen it when reading broker specs so definitions stay consistent.
Practice tools:
Related terms
FAQ
The current price of a currency pair, displayed as bid/ask.
Knowing the precise definition of “Quote” prevents platform and broker-spec mistakes—a common source of size and cost errors.
Common mistake: using “Quote” as loose slang while your broker/platform specification defines it more narrowly.