Taking as reference InteractiveBrokers, which offers multi-currency balances and permits, outside of speculative trading, to convert one currency into another. Exemple : deposit EUR, change it to USD balance for 0.2% (min $2) balance, then withdraw in USD (first free per month, then $10 subsequently)
Are there other FX brokers, more retail than IB, that allow the same possibility ? Becuase there are many out there where you can only margin trade to make profit or losses in your base currency, but impossible to convert one currency into another one even though different currency balances can be funded in the first place
Any feedback on OANDA ? They may have advanced in this field
Are there other FX brokers, more retail than IB, that allow the same possibility ? Becuase there are many out there where you can only margin trade to make profit or losses in your base currency, but impossible to convert one currency into another one even though different currency balances can be funded in the first place
Any feedback on OANDA ? They may have advanced in this field
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