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what currency to deposit into the brokerage firm?

Členom od Jan 27, 2012  3 príspevkov currypig Jan 30 2012 at 09:38
as the topic suggests, we get forced conversion when we trade a different base currency. Do you guys open multiple accounts holding different currency?


Členom od Aug 15, 2011  117 príspevkov Fred_Forex Feb 01 2012 at 16:03
No, one account could be enough.
But I am not sure, where you problem is:
- Base Currency of your trading account? Look for a broker where the base currency can be in your favored currency.
- Conversion of trade results to your account-currency? This will be done automatically by the broker at the time of closing of your trade with the current platform-exchange rate.

Trade what you see - not what you hope to see!
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