Can I withdraw another currency from a forex brokerage ? Such as euro withdrawal and also usd withdrawal ?
I would like to open a forex brokerage account, now i’m still playing forex using my bank account, in which i still could withdraw my money in another currency (so, in case i have a lost in my trade, i don’t need to think about it because i can take the money and use it someday when i travel abroad) but can i do the same as in a forex brokerage account ?
Read your customer agreement for details.
FOREX trading is a scam. 75% of all investors lose nearly their entire stake in just a few months. The problem is that the company sets the exchange rate, not the open market. Also, if you buy on margin (required for almost everyone) the company can force sale of your shares when a currency falls a tiny amount, thereby not letting you survive any sort of fluctuations. Stay away. You’ll have better luck at the roulette wheel, which isn’t saying much.
Strictly speaking no. Investment currency is not retail currency. I am surprised you can draw a foreign currrency from your bank. Usually a foreign currency stays in the bank in the country of its origin. For example if I buy USD in the UK for investment the currency stays in a US bank to the order of my UK bank.
I doubt it.
Just follow these steps. I’ve dumbed it down to the easiest, yet safest way to win in the Forex.
1) Open a live account at
Then sit back, relax and take a vacation as you make easy Forex money.
2) Select AAAFx broker, and open MICRO account with 200:1 leverage.
3) Deposit at least $300 in your account to start.
4) “Add to Portfolio” the top 20 strategies at
5) …when adding strategies, set maximum number of trades to 5, and…
6) …select lot size of 0.1 “mini” lots for each $1000 in your account.
7) It will trade automatically, following all those top 20 strategies.
it is all depend on the account of which you open at first. If you choose USD as your main currency then you only able to withdraw USD, if you are open that account in EURO, then you only eligible to make a withdrawal on EURO.
Simply put, usually not. It all depends on the broker you work with.
Take a look at a list of brokers on and see which ones will allow you to do so.
I personally have never found one that does.