New trader here! Can we do funding and withdrawals with multiple currencies?
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.
Medlem sedan Oct 05, 2020
40 inlägg
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.
Medlem sedan Oct 01, 2020
49 inlägg
Nov 05, 2020 at 06:18
garrychristians posted: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.
using EasyMarkets being an Australian, and now seeing Tickmill, Fxview and FP Markets for their spreads. My opinion might go another way, I suggest mastering a single pair so as to open more positions to come off from that pair. I have done this before where I loaded more pairs on my MT4 charting software with EM.
Have already created my demo account with Tickmill to test the environment and yet to do for FP markets and fxview. About to use Webtrader and MT4 first.
Barbara Wright (barbarawright)
Medlem sedan Jun 10, 2020
37 inlägg
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.
Medlem sedan Oct 08, 2020
29 inlägg
Nov 06, 2020 at 03:47
USDAUD, I hate the most , never worked for me.
Medlem sedan Aug 17, 2020
123 inlägg
Dec 04, 2020 at 17:36
garrychristians posted:
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!
I'm not sure what I understand the question correctly... Do you mean if you can deposit from / withdraw to a bank account that has a different currency? If that's the question, you absolutely can, just be mindful of the conversion rate and possible commissions of your bank.
Medlem sedan Jul 17, 2020
35 inlägg
Dec 07, 2020 at 11:13
DoraWalletInvest posted:Yes it is possible to do that.garrychristians posted:
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!
I'm not sure what I understand the question correctly... Do you mean if you can deposit from / withdraw to a bank account that has a different currency? If that's the question, you absolutely can, just be mindful of the conversion rate and possible commissions of your bank.
Medlem sedan Jul 20, 2020
341 inlägg
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.
Medlem sedan Jul 17, 2020
35 inlägg
Dec 08, 2020 at 07:49
ElliotCooke posted:And also as the real knowledge comes from actual presence in the market and the subsequent losses, it is always better to start small.
New traders should gain proper knowledge before starting their trading career. Without knowledge, they can not survive in this risky market.
Medlem sedan Jul 20, 2020
341 inlägg
Dec 31, 2020 at 15:21
garrychristians posted:Yes. You are right. without knowledge, you are nothing in this risky market.ElliotCooke posted:And also as the real knowledge comes from actual presence in the market and the subsequent losses, it is always better to start small.
New traders should gain proper knowledge before starting their trading career. Without knowledge, they can not survive in this risky market.
Medlem sedan Feb 23, 2021
330 inlägg
Apr 03, 2021 at 10:33
Kroolsc posted:The best learning source of forex trading is a demo account.
You should know the importance of learning and getting all the information about trading in order to start with it.
Medlem sedan Jul 23, 2020
869 inlägg
Aug 07, 2021 at 15:04
I don’t think brokers allow funding and withdrawals with multiple currencies. You should contact your broker support.
Medlem sedan Jul 23, 2020
759 inlägg
Aug 07, 2021 at 16:26
I also agree with you. Demo trading is the best way to learn.
Medlem sedan May 13, 2020
128 inlägg
Aug 29, 2021 at 07:11
Sometimes, having certain knowledge, we do not know how to apply it in practice, no need for Machete, you can practice
HeavenLeighGill (HeavLeighGill26)
Medlem sedan Aug 05, 2021
401 inlägg
Nov 17, 2022 at 19:01
Depends on the broker, I'd reach out to anyone you're considering or you're current broker to get a specific answer.
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