If I fund in canadian dollars and I want to trade EU... | Forex Factory

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If I fund in canadian dollars and I want to trade EU...

  • #1
  • First Post: Mar 19, 2009 10:49am Mar 19, 2009 10:49am
Hey guys I was curious if I fund my account in canadian dollars but I want to trade the EUR vs USD should I have all my money converted into USD and then trade or can I keep it as is? Wouldn't I be shorting the CAD and long on USD if I were to convert?
  • #2
  • Mar 19, 2009 11:17am Mar 19, 2009 11:17am
your broker or ECN automatically converts for you.

thescarletpippernel



Quoting g5ricky
Hey guys I was curious if I fund my account in canadian dollars but I want to trade the EUR vs USD should I have all my money converted into USD and then trade or can I keep it as is? Wouldn't I be shorting the CAD and long on USD if I were to convert?
  • #3
  • Mar 19, 2009 11:27am Mar 19, 2009 11:27am
Quoting mparker
your broker or ECN automatically converts for you.

thescarletpippernel
converts for the time being while I am in the trade or will they convert the entire sum?
  • #4
  • Last Post: Mar 19, 2009 10:00pm Mar 19, 2009 10:00pm
youre deposit currency is converted every trade --- your withdrawals are in native currency.

mp




Quoting g5ricky
converts for the time being while I am in the trade or will they convert the entire sum?
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