The value of a foreign exchange standard contract is100000 base currency. Base currency: the first currency in a foreign exchange currency pair, sometimes called the main currency.

Buying (selling) G/U is one hundred thousand pounds. Some are100000 dollars: for example, the United States/Japan, the United States/Switzerland.

Some currency pairs have the same standard contract value,100000 USD: for example, USA/Japan, USA/Switzerland. But many of them are different.

When making GBP/USD, the deposit should be: deposit = contract value/leverage =65438+ million/100= 1000, but why do some people say it is 1000 USD?

Who said it was 1000 dollars? He doesn't understand. Yes 1000 pounds and then convert it into dollars at the real-time exchange rate. Because deposits are generally calculated in dollars, they should be converted into dollars.