hi
iv been using demo accounts the last year and a half now and iv been profiting quite well and so now iv decided to fund a live account some time in the future! the currency of my country is the euro and was wondering because i trade gbpusd would it be better to fund my account with sterling ? my thinking was (please correct me if im wrong) everytime id make a buy order with my euro account of gbpusd an exchange rate of euro to sterling is made?
regards
mike
iv been using demo accounts the last year and a half now and iv been profiting quite well and so now iv decided to fund a live account some time in the future! the currency of my country is the euro and was wondering because i trade gbpusd would it be better to fund my account with sterling ? my thinking was (please correct me if im wrong) everytime id make a buy order with my euro account of gbpusd an exchange rate of euro to sterling is made?
regards
mike