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Account Currency

  • #1
  • First Post: Jan 24, 2017 7:21pm Jan 24, 2017 7:21pm
i just had some Shower tought ..

lets assume i have an Trade Account in AUD and i Short AUD/USD .. would that make a zero trade ?
i mean plain technically ?
  • #2
  • Jan 24, 2017 11:12pm Jan 24, 2017 11:12pm
Quoting nullx8
i just had some Shower tought .. lets assume i have an Trade Account in AUD and i Short AUD/USD .. would that make a zero trade ? i mean plain technically ?
Only if leverage is 1:1 and you transfer your gain into USD.

What happens if one has an account in USD and goes short USD/JPY or long EUR/USD?
  • #3
  • Feb 3, 2017 7:26am Feb 3, 2017 7:26am
Hello nullx8,

No, it wouldn’t make the zero trade. You would be having a short position in AUD/USD for which profit and loss would be calculated in AUD. I agree with yg10, that there is only one possibility that could make it zero trade if you are using complete margin with 1X leverage and then transfer your profit and loss in to AUD.
  • #4
  • Last Post: Dec 22, 2017 5:46am Dec 22, 2017 5:46am
Quoting hyper.trader
Hello nullx8, No, it wouldn’t make the zero trade. You would be having a short position in AUD/USD for which profit and loss would be calculated in AUD. I agree with yg10, that there is only one possibility that could make it zero trade if you are using complete margin with 1X leverage and then transfer your profit and loss in to AUD.
Same opinion! It wouldn’t be the zero trade until you are using the full margin!
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