Cryptocurrency Q&A
What is the meaning of USC in forex?
What is the meaning of USC in forex?
Martino
Mon Nov 18 2024
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5
answers
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I'm trying to understand the forex terminology, and I've come across the term 'USC'. I'm not sure what it means in the context of forex trading. Could someone please explain the meaning of 'USC' in forex?
5 answers
ChristopherWilson
Wed Nov 20 2024
USC is an abbreviation that represents United States Cents.
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Dario
Wed Nov 20 2024
In the monetary system of the United States, one dollar is equivalent to 100 USC.
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AzurePulseStar
Wed Nov 20 2024
For instance, if you have $5, it can be converted to 500 USC.
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Andrea
Wed Nov 20 2024
In the forex market, some brokers employ the term USC to distinguish between micro and standard accounts.
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JejuJoy
Tue Nov 19 2024
This terminology helps traders quickly identify the type of account they are dealing with.
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