Is there a way to protect forex account cash against weaker dollar?

Can i have 2 accounts with a broker. One that has leverage and the other which has 0 leverage and i can open a position in another currency to hedge my cash? Would i have to worry about a margin call if trade 100% of my 0 leverage account cash in another currency?

Ultimately, i just wan a way to protect the cash in my forex account. I talked to 2 brokers and they say it's illegal to own a forex account located foreignly. Also, would i have extra taxes if i have multiple forex accounts?

You can open a small account with 50:1 leverage and open a position for the amount you want to hedge. But make sure you have enough money to avoid margin call.

why don't you open the account in another currency, or you just open a 2% trade, which covers exactly the amount you got in your account (assuming 50:1 leverage). Then you can hedge your whole account as well. Profits/losses will offset your diminishing/rising account value.