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

Oct 15, 2020 at 09:38
Przeglądane 2,180
22 Replies
Uczestnik z Jul 06, 2020   28 postów
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.
Uczestnik z Jul 03, 2020   37 postów
Oct 15, 2020 at 12:48 (edytowane 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.
Uczestnik z Jun 10, 2020   37 postów
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?

Załączniki:

Uczestnik z Oct 01, 2020   49 postów
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 !!!!
Uczestnik z Jul 20, 2020   298 postów
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.
Uczestnik z Jun 30, 2020   17 postów
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.
Uczestnik z Jun 10, 2020   37 postów
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.
Uczestnik z Jul 19, 2020   318 postów
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.
Uczestnik z Jul 20, 2020   232 postów
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.
Uczestnik z Apr 01, 2020   231 postów
Nov 04, 2020 at 10:18
Surely, you can get help from your broker in this regard.
Uczestnik z Apr 15, 2020   83 postów
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.
Uczestnik z Oct 05, 2020   40 postów
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.
Uczestnik z Jun 10, 2020   37 postów
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.
Uczestnik z Oct 08, 2020   29 postów
Nov 06, 2020 at 03:47
USDAUD, I hate the most , never worked for me.
Uczestnik z Nov 16, 2020   16 postów
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.
Uczestnik z Jul 27, 2020   81 postów
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.
Uczestnik z Jul 20, 2020   341 postów
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.
Uczestnik z Nov 17, 2020   19 postów
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.
Uczestnik z Jul 23, 2020   869 postów
Aug 07, 2021 at 15:04
I don’t think brokers allow funding and withdrawals with multiple currencies. You should contact your broker support.
Uczestnik z Jul 23, 2020   759 postów
Aug 07, 2021 at 16:26
I also agree with you. Demo trading is the best way to learn.
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