• Australian (ASX) Stock Market Forum

Hello and welcome to Aussie Stock Forums!

To gain full access you must register. Registration is free and takes only a few seconds to complete.

Already a member? Log in here.

Forex/CFD broker account

Discussion in 'Brokers' started by MadeToTrade, Jan 20, 2015.

  1. MadeToTrade

    MadeToTrade

    Posts:
    1
    Likes Received:
    0
    Joined:
    Dec 8, 2014
    Hi,

    I'm looking at trading some Forex/CFD's and am currently analyzing brokers. One question I have is - what advantages/disadvantages are there if I my account funds are stored in non-AUD (e.g. USD). I expect to the majority of instruments (but not all) I'll be trading will be US based.

    One advantage I see to AUD is that I know straight away how much is in my account. One disadvantage I see to having a USD/EUR account is that my account funds are then subject to market fluctuations.

    Anyway, I'm very keen on your thoughts?

    Regards
     
  2. Jens

    Jens

    Posts:
    53
    Likes Received:
    0
    Joined:
    Apr 18, 2014
    :xyxthumbs
     
Loading...

Share This Page