New trader here! Can we do funding and withdrawals with multiple currencies?
Member Since Jul 17, 2020
35 posts
Oct 15, 2020 at 09:38
just switched to a part time job from full time. Planning to use this time for forex trading and have already started looking for the discussion threads with other traders. Haven’t decided on the currencies to use (USD or CAD or GBP or 2 together not sure with this). Are there any possibilities to deposit and withdraw with different base currencies?
Thanks for your suggestions!
Thanks for your suggestions!
Member Since Jul 06, 2020
28 posts
Oct 15, 2020 at 11:07
I am not getting your question here, there’s definitely a multi currency account if that’s what you are talking about. You can hold multiple currencies in that. I would say you should contact your bank that you're gonna be using.
Member Since Jul 03, 2020
37 posts
Oct 15, 2020 at 12:48
(edited Oct 15, 2020 at 12:48)
Had the same thought! Having a multi currency account gives greater freedom to trade with favorable exchange rates. Do check with your broker if it’s a possibility.
Dealing with a 0 commission broker is another cherry on the cake.
Dealing with a 0 commission broker is another cherry on the cake.
Member Since Jun 23, 2020
29 posts
Oct 16, 2020 at 03:58
Would suggest using EUR as well with other currencies. A couple of brokers will provide you much lower spreads on these pairs.
Member Since Jun 10, 2020
37 posts
Oct 16, 2020 at 10:18
I just checked the forex spreads list, try fxview for EUR/USD, GBP/USD, best imo, what others have to say?
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Member Since Oct 01, 2020
49 posts
Oct 19, 2020 at 13:26
Right, can’t skip fxview as per these rates, tickmill also follows along, a close tie, here I come too !!!!
Member Since Jul 20, 2020
298 posts
Oct 19, 2020 at 22:37
In this case, the broker can help you the most. Contact them at the broker's chatbox to get the solution.
Member Since Jun 30, 2020
17 posts
Oct 20, 2020 at 05:04
barbarawright posted:
I just checked the forex spreads list, try fxview for EUR/USD, GBP/USD, best imo, what others have to say?
Thanks for the info! But my question is still on multiple depositing and withdrawal options. Any idea if it serves that purpose too? Don’t know about it, will do some research before using.
Member Since Jun 10, 2020
37 posts
Oct 20, 2020 at 06:33
Hyalinclay posted:barbarawright posted:
I just checked the forex spreads list, try fxview for EUR/USD, GBP/USD, best imo, what others have to say?
Thanks for the info! But my question is still on multiple depositing and withdrawal options. Any idea if it serves that purpose too? Don’t know about it, will do some research before using.
No doubt about it, haven’t used it personally though. They do offer multiple funding and withdrawal options in different base currencies.
Member Since Jun 29, 2020
38 posts
Oct 21, 2020 at 04:27
(edited Oct 21, 2020 at 04:28)
barbarawright posted:Hyalinclay posted:barbarawright posted:
I just checked the forex spreads list, try fxview for EUR/USD, GBP/USD, best imo, what others have to say?
Thanks for the info! But my question is still on multiple depositing and withdrawal options. Any idea if it serves that purpose too? Don’t know about it, will do some research before using.
No doubt about it, haven’t used it personally though. They do offer multiple funding and withdrawal options in different base currencies.
What about the FCA regulation mate? And others too?
If fxview isn’t regulated, there’s no point in even including it here.
Member Since Jun 10, 2020
37 posts
Oct 21, 2020 at 05:37
Numeromatt posted:
What about the FCA regulation mate? And others too?
If fxview isn’t regulated, there’s no point in even including it here.
I beg to differ here.
Fxview is regulated by FCA and Cysec too, can verify from here:
https://register.fca.org.uk/s/firm?id=0014G00002T4dLOQAZ
https://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/81661/
This is a sense of breeze for traders fearing about any financial insolvencies.
Member Since Jun 29, 2020
38 posts
Oct 27, 2020 at 12:13
Thanks, I will take your point.
Member Since Jul 17, 2020
35 posts
Oct 27, 2020 at 13:04
Sure thing, thank you @LeviSievwright5
Member Since Jul 17, 2020
35 posts
Oct 27, 2020 at 13:16
Johnathankim posted:
Would suggest using EUR as well with other currencies. A couple of brokers will provide you much lower spreads on these pairs.
I can do that, but I am afraid of the European risk appetite due to Corona threat. Reading the news lately and seeing the euro breaking down further.
Member Since Jul 19, 2020
318 posts
Oct 30, 2020 at 11:22
New traders should be very careful about picking the trading methods. Every trader has different qualities. So, it is very important to choose the best trading method according to his area of abilities.
Member Since Jul 20, 2020
232 posts
Nov 02, 2020 at 12:14
GeorgeBischof posted:I agree with you. Most new traders lose their money because of choosing wrong trading methods in the forex market.
New traders should be very careful about picking the trading methods. Every trader has different qualities. So, it is very important to choose the best trading method according to his area of abilities.
Member Since Jul 17, 2020
35 posts
Nov 04, 2020 at 04:56
You know how they say, take more time to sharpen your axe before cutting a tree.
Member Since Jul 03, 2020
37 posts
Nov 04, 2020 at 05:49
Johnathankim posted:
Would suggest using EUR as well with other currencies. A couple of brokers will provide you much lower spreads on these pairs.
As per financial analysis, EURUSD is the most popular pair. No seconds in including it with other pairs.
