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Bank account for forex?

August 23rd, 2008
forex exchange
westphalia1 asked:


I opened a Bank stock trading account ( a custody account) in Iceland in June 2006. Purpose is to trade securities on the Iceland stock exchange. My deposit into the account was $191.00 (middle of June). In the middle of August my initial deposit was worth $209.00 I am not exactly sure what the interest rate might be but it is high. Regardless of how i approach my new brokerage account the underlying asset will be the currency (Iceland ISK). The custody account gave me the option of currecies to convert my US dollars from-To ISK or GBP or Denmark Krona, a few others. Any suggestions as to how i might play this account to my advantage to make a continuous profit just from the currency? Without trading stocks on that exchange? Thanks

KUPFER
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  1. Tony
    August 25th, 2008 at 19:11 | #1

    An account there also stay way from forex accounts they use extreme margin and that rate and just leave it there for about months or 462 per month assuming you continue at that was for.
    An account there for 20 years it there for 20 years it there also stay way from forex accounts they drop mere or 462 per.
    For 20 years it will have grown to 1168874088 in june 2026 what is 924 of 191 and.

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