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

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.

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.

I just checked the forex spreads list, try fxview for EUR/USD, GBP/USD, best imo, what others have to say?

Right, can’t skip fxview as per these rates, tickmill also follows along, a close tie, here I come too !!!!

In this case, the broker can help you the most. Contact them at the broker's chatbox to get the solution.

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.

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.

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.

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.

Surely, you can get help from your broker in this regard.

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.

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.

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.

USDAUD, I hate the most , never worked for me.

More than regulation, I care about the reliability of the trading platform. If a broker is reliable, I would love to use it.

Definitely, the reliability and safety of the broker are the main components that should not be taken into account.

New traders should gain proper knowledge before starting their trading career. Without knowledge, they can not survive in this risky market.

You should know the importance of learning and getting all the information about trading in order to start with it.

I don’t think brokers allow funding and withdrawals with multiple currencies. You should contact your broker support.