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how to ask question

Oct 19 2022 at 12:39
2 postów
sam2022 posted:

I have a question.

If I open an account in canadian dollar (CAD).........with a forex broker , like Oanda, forex.com, etc......

If I buy and sell the pair EUR/USD there will be conversion fee charged because ​the Quote (USD) is different from my account curency.

But if I buy and sell the pair USD/CAD.......the Quote (CAD) is the same from my account curency ...this mean NO conversion fee.

Is that correct?

(I know there is a spread.....i'm not talking about spread, i'm talking about conversion fee)
Seb King (sebking1986)
Nov 04 2022 at 12:23
538 postów
I trade in GBP on my account and never noticed a fee specifically listed when I trade other currency pairs.
If you can't spot the liquidity then you are the liquidity.
HeavenLeighGill (HeavLeighGill26)
Nov 17 2022 at 18:40
401 postów
I don't believe there will be, but you could also ask your specific broker just to be 100% sure.
Nov 22 2022 at 14:54
116 postów
hi all. i'm newbie and dont know much. but now i've never encounter in trading with additional fees.
Nov 29 2022 at 07:45
7 postów
It's difficult to say anything about it. However, a qualified broker can assist you in this situation. You should discuss it with your broker.
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