Forex Exchange Blog

westphalia1 asked:


Can an offshore Multi Currency account be used to exchange one currency for another and trade your way up in value? As opposed to actual FOREX trading? Say USD/ISK (iceland Krona)-wait for your initial deposit to go up in value and then invert this to a different pair and keep repeating this procedure? Thanks

KRUG

westphalia1 asked:


Can currency correlation charts be used for HOLDING currencies and make a profit? I mean without margin and without using a forex broker? By simply BUYING and HOLDING various currencies in a multi currency account and laddering and exchanging them as the values increase according to each pair? If so please explain.

VERTREES