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Thread: What does quotbase instrumentquot mean?

  1. #1
    I desired a bonus out of Avatrade but in accore with their advertising.
    It states, you need to trade 10,000 base instrument for every $1 bonus.
    1,000,000 base instrument demand for $100.

    But what is foundation instrument?

  2. #2
    Quote Originally Posted by ;
    I wanted a bonus out of Avatrade however according to their advertising. It says, you need to exchange 10,000 base tool for each $1 bonus. 1,000,000 base tool need for $100. However, what is base tool?
    It's the currency you use to fund your account.

  3. #3
    Quote Originally Posted by ;
    I desired a bonus from Avatrade however in accore with their advertising. It says, you need to trade 10,000 base tool for each $1 bonus. 1,000,000 base tool need for $100. However, what is foundation tool?
    The first currency in the pair is the 'base currency'. The next one is your 'quote currency'.
    You probably know that the value of 10,000 GBP/USD is 10,000 GBP. The value of 10,000 NZD/USD is 10,000 NZD.
    In this case both could launch $1 of your own bonus, despite the double price and double margin requirement of the GBP compared to the NZD.

  4. #4
    Base instrument - base currency and Another pair, the quote currency

  5. #5
    Device being the pair component of it.

  6. #6
    Quote Originally Posted by ;
    I wanted a bonus out of Avatrade however in accore with their advertising. It states, you have to exchange 10,000 base instrument for each $1 bonus. 1,000,000 base instrument demand for $100. But what is foundation instrument?
    Try to avoid any bonuses your broker provides, their objective is to subtract your deposit in trading account and also force you to open trades as far as possible. The risk of unlocking bonus (trading outside specific volume requirement) is much more than just making it regularly from your own deposited cash.
    Be cautious!

  7. #7
    Quote Originally Posted by ;
    quote The first currency in the pair is that the 'base currency'. The second one is the 'quote currency'. You likely know that the value of 10,000 GBP/USD is 10,000 GBP. 10,000 NZD/USD's value is 10,000 NZD. In this case both could launch $1 of your own bonus, regardless of the double price and also double margin necessity of the GBP when compared with the NZD.
    I was also wondering why the meaning of base instrument. Thanks for the explanation.

  8. #8
    I was about to answer but found that you got the Response

  9. #9
    A musical instrument that generates tones at the low-pitched range.

  10. #10
    Quote Originally Posted by ;
    I wanted a bonus out of Avatrade however in accore with their promotion. It says, you need to trade 10,000 base instrument for every $1 bonus. 1,000,000 base instrument demand for $100. But what is foundation instrument?
    For example, take the EUR/USD. To get a $ 1 bonus that you need to trade size is 0.1 lot.

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