Simplicity is the ultimate sophistication - Leonardo da Vinci
Dislikedthank you for that explanation! i was just waiting for EURCAD to fill my order at a supply level and it went right through. now i know why.Ignored
Dislikedwhy there is future (with expiry) and non-future (without expiry) for gold trading?Ignored
Disliked{quote} Some brokers offer CFD's that include Oil, such as TradersWay. You can check them out HERE. They offer Demo accounts for you to try. A CFD, or a Contract For Difference, is an agreement between two parties to exchange the difference between the opening and the closing prices of a contract at the moment of the contract closure, with this difference multiplied by the number of units of the asset specified in the contract. A CFD is a derivative linked to the underlying asset price. It does not...Ignored
Disliked{quote} Thanks for SmoothTrader reply CFD mean no expired date to deliver physical asset right? Both Forex trading (forex pairs in MT4) and gold trading considered as CFD right? Can change the real physical asset by using CFD from the broker?Ignored
Dislikedhello, crude oil only available for Future Trading with contract expiry? is there available for oil trading without contract expiry like forex trading?Ignored
Disliked{quote} 1-NO, forex isn't considered a CFD. Forex is actual currency. A gold CFD is just a derivative of a gold contract so has no influence on the actual price of gold regardless of how much you buy/sell. 2-NO, you cannot receive physical from your broker using a CFD. Even if you had the actual futures contract, only certain members are "qualified" to convert a futures contract to the physical metal. 3-A CFD doesn't expire because most brokers automatically roll to the next contract & pay/deduct the difference from your account to allow for the...Ignored
Disliked{quote} Nothing wrong with expiration, just roll to the next month. Not sure which country you're in but you can use ETFs - In the US there's USO, XOP, OIH and some others. You can also use Leap options - no maintenance for 12 months.Ignored
DislikedI have 1 more question, forex pairs (in ecn mt4), let's say I buy EURUSD at 1.4000 for 1 standard lot with 1:500 leverage, my broker will deduct 280usd from account as margin used (140000/500=280), can I get actual EURO dollar from the broker?Ignored
Disliked{quote} 1-Brokers aren't in the business of sending out physical currencies. You need to go to a bank or financial institution to do the exchange. 2-Even though your broker might allow you to TRADE with 500:1 leverage, that doesn't mean you have increased buying power if you were to convert to physical currency. The margin is enough for the broker to cover your trading losses. There's very little actual "buying" power. If you bought 1 standard lot of EU at today's price(1.0845), you'd need about $108,450 of US cash (+ a spread) to make the exchange...Ignored
Disliked{quote} MT4 ECN is real forex broker? if I buy EURUSD 100 standard lot, will this affect the exchange rate in the world?Ignored