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Hi. Iβm a newbie and I just want to ask a few questions.
- If you want to trade EUR/USD mainly, is it profitable to open a Dollar account or Euro account.
- What effect does the euro and dollar accounts have on this currency pair when going long and when going short?
I would appreciate a thorough reply. Thanks
Hi!
- Yes, you can open the account and Dollar and Euro, depends which broker will you chose. In my broker i cna trade EURUSD just on dollar account.
- surely some effect we are making, but itβs not so big because the big guys has billions and trillions on their accounts and they can make manipulation