I can's see any reason to prefer a EUR based account above a USD based account except:
1 - USD deavaluation (but that might reverse!);
2 - Exchange costs when you live in euroland and your local currency is EUR, and you transfer money from your bank account to your broker and visa versa.
Can anyone think of any other reasons?
I am asking this because I live in Euroland and I am about to open an account with MIG and I have now the opportunity to choose my account denomination (EUR based or USD based) so I would appriciate your thoughts on this.
Thanks
1 - USD deavaluation (but that might reverse!);
2 - Exchange costs when you live in euroland and your local currency is EUR, and you transfer money from your bank account to your broker and visa versa.
Can anyone think of any other reasons?
I am asking this because I live in Euroland and I am about to open an account with MIG and I have now the opportunity to choose my account denomination (EUR based or USD based) so I would appriciate your thoughts on this.
Thanks