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Currency base account

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  • Currency base account

    What are people's strategies for this? I've noticed that on the master accounts the signals are as follows:

    Viper - USD
    DayFox - Euros
    SmartTrader - USD
    SmartScalper - USD
    TradeAlerter - AUD

    Currently all my accounts are running on AUD. In normal life the HKD (and hence USD due to peg) and AUD are most relevant to me.

    Should I switch some or all to USD base? Could there be opportunities to say, run DayFox on a GBP account or something like that? CHF could be attractive too. So that way one would hedge not only with trades and different signals/strategies, but also with the denomination of your capital.

  • #2
    Many brokers will offer 5% interest on the AUD, other than that I can't say that I've given it much thought.

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    • #3
      Originally posted by Spacey View Post
      Many brokers will offer 5% interest on the AUD, other than that I can't say that I've given it much thought.
      Which ones? I've never received any interest from IC Markets, Go Markets, or Global Prime.

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