New trader here! Can we do funding and withdrawals with multiple currencies?

Oct 15, 2020 at 09:38
Vistas 1,860
22 Replies
Miembro desde Jul 06, 2020   posts 28
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.
Miembro desde Jul 03, 2020   posts 37
Oct 15, 2020 at 12:48 (editado 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.
Miembro desde Jun 10, 2020   posts 37
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?

Archivos adjuntos:

Miembro desde Oct 01, 2020   posts 49
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 !!!!
Miembro desde Jul 20, 2020   posts 298
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.
Miembro desde Jun 30, 2020   posts 17
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.
Miembro desde Jun 10, 2020   posts 37
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.
Miembro desde Jul 19, 2020   posts 318
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.
Miembro desde Jul 20, 2020   posts 232
Nov 02, 2020 at 12:14
GeorgeBischof posted:
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.
I agree with you. Most new traders lose their money because of choosing wrong trading methods in the forex market.
Miembro desde Apr 01, 2020   posts 231
Nov 04, 2020 at 10:18
Surely, you can get help from your broker in this regard.
Miembro desde Apr 15, 2020   posts 83
Nov 04, 2020 at 12:50
From my own experience, I can say that I have never had any problems with withdrawing funds with the Amarkets broker, but even in such situations and controversial issues, there are managers who can really help and give practical advice.
Miembro desde Oct 05, 2020   posts 40
Nov 05, 2020 at 04:12
Seeing the volatility of the forex markets, it’s crucial to choose a right pair. Diversify your investments in multiple pairs to ensure good returns. I am using USD/JPY, GBP/USD, USD/CAD, NZD/USD with fxcm. I am not much worried about one or two of them diving as I eye on others that are performing well at the same time.
Miembro desde Jun 10, 2020   posts 37
Nov 05, 2020 at 07:43
Building a trading plan with one pair is much easier. I suppose it’s more risky to use CHF as it is under strict manipulation with swiss banks. It also becomes a bit hard for non-usual traders. I am only using EURUSD with Fxview. Though it’s too volatile, choosing the right trading time windows come in handy.
Miembro desde Oct 08, 2020   posts 29
Nov 06, 2020 at 03:47
USDAUD, I hate the most , never worked for me.
Miembro desde Nov 16, 2020   posts 16
Nov 30, 2020 at 10:12
More than regulation, I care about the reliability of the trading platform. If a broker is reliable, I would love to use it.
Miembro desde Jul 27, 2020   posts 81
Dec 03, 2020 at 12:34
Definitely, the reliability and safety of the broker are the main components that should not be taken into account.
Miembro desde Jul 20, 2020   posts 341
Dec 07, 2020 at 12:07
New traders should gain proper knowledge before starting their trading career. Without knowledge, they can not survive in this risky market.
Miembro desde Nov 17, 2020   posts 19
Dec 30, 2020 at 03:57
You should know the importance of learning and getting all the information about trading in order to start with it.
Miembro desde Jul 23, 2020   posts 869
Aug 07, 2021 at 15:04
I don’t think brokers allow funding and withdrawals with multiple currencies. You should contact your broker support.
Miembro desde Jul 23, 2020   posts 759
Aug 07, 2021 at 16:26
I also agree with you. Demo trading is the best way to learn.
Conectarse / Inscribirse to comment
You must be connected to Myfxbook in order to leave a comment
*El uso comercial y el spam no serán tolerados y pueden resultar en el cierre de la cuenta.
Consejo: Al publicar una imagen o una URL de YouTube, ésta se integrará automáticamente en su mensaje!
Consejo: Escriba el signo @ para completar automáticamente un nombre de usuario que participa en esta discusión.