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Retail
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I hold 3 different foreign currencies in a currency account (initial deposit was in US dollars). Each of the local currencies has gone up in value. The US dollar amount on these has gone down in value. Does this mean i should convert to more of the SAME foreign currencies?
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I'm currently buying options on the FXE currency fund (I think it's a Rydex fund). That works, but the spread is pretty high. Is there a better way to buy options on EUR/USD or other forex pairs?
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Hi
I can't figure this one guys, what is tha benefit of using most forex brokers like FXCM for currency pairs paying a 1-3% spread when I can trade any major individual currency futures for $4.75round trip with a futures broker.
Am I missing a big benefit of trading forex pairs somewhere?
Thanks
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