Delivery using FXCM?

The_Cable_Guy · June 23, 2011, 1:38pm

Hypothetically speaking, if I wanted to take delivery of a trade can I do it using my broker? (I’m using FXCM, or is there another out there that I can use)

Jason_Rogers · June 24, 2011, 10:26am

Hi Cable Guy,

Speaking for FXCM, we do not provide for physical delivery of a currency pair that you are trading. Our services are for speculative trading only, without physical delivery.

-Jason

The_Cable_Guy · June 24, 2011, 3:50pm

Can you recommend a broker that will allow one to take physical delivery?

currencyave · August 4, 2011, 12:41pm

For physical delivery of funds you can use Currencyave.com

You will still have great rates and an online conversion platform. The banks usually charge an arm and a leg for delivery which is why FXCM and other brokers dont get involved.

comintel · August 4, 2011, 4:45pm

Interactive Brokers (verify with them though)

Shr1k · August 5, 2011, 9:02am

Oanda has a service FXGlobalTransfer I believe this can be tied to your trading account.