I invested c£10k (this morning) in EUR to GBP forex on a Trading212 practice account how is this growth even possible...please explain like I’m 5 years old, cause I must be missing something here!
Would be amazing if you could transfer your physical shares to trading 212 in an isa or normal invest account without having to sell. Wonder if they are actually going to do that cause H&L are really dear. I thought 212 was just a forex platform but I was so wrong.
Hello! I am a Canadian citizen getting paid in USD on contracts and then I spend my time between the US and Canada. I am wondering what is the best way to maximize having money in USD? I am looking into a Forex investment account with Questrade. I want to keep some money in USD for when I am in the US (and want it to make money for me until I spend it ideally), but it looks like opening an online savings account means I have to pay taxes and some require that I be a US citizen to open them. It seems like a waste to transfer it into Canadian dollars only to transfer it back and then doesn't that trigger capital gains? Is anyone in a similar situation? I am sitting on a pile of cash in a US chequing account wondering what I do with it now! Thanks for your input!
A review on a book subtitled “America love in god, heal America”. The author claims it is an international best seller on their Instagram page. I found it when looking at the author’s comment on a forex scam account asking for tips in “investing”.
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[FOREX] Why can't I take my USD, convert it, and invest it in a foreign savings account?
Somethings bugging me and I'm sure there's something wrong in my thinking here but: With the greenback at parity for the AUD and savings at "standard variable rate of currently 3.75% p.a. AUD" What stops someone from investing their USD in an AUD account to garner $X-%transactionfee+AUinterest? Arbitrage? I understand that FOREX rate is decided (partly?) by the difference in interest rates but when two countries are at parity is it only the transaction fees that stops it?
I'm getting really deep into theory, I have been reading books, analyzing charts and trading on a demo-account - I want to invest in stocks, gold, and Trade with ETFs and Forex. What Broker can you recommend?
Title- Sorry if this is a really big rookie question
Question about investing in Indian NRE account with forex hedging
I'm currently living and working in the USA and have 10000$ to invest. I have the option of opeing an NRE foreign account in India @ 11.39% . I read that I could offset the USD-INR exchange rate risk with forex hedging. So for I've only been able to find forex options with 3 months contracts. Can anyone recommend where I could buy a INR-USD forex option with 1 year cycle? Any other risks to lookout for ? Thanks
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