Is it possible to open a buy trade in EUR/USD and withdraw the euros I've bought?

Asked 5 years ago

Money withdrawal Currency pair Open trade

Andia Rispah Igobwa

Monday, January 17, 2022

No, you won't be able to. There is no delivery in the spot FX market. Such trade is a contract, not a real exchange of money. Some firms, on the other hand, enable customers to exchange currencies at favorable rates across multiple accounts.

Write an answer...﻿

Cancel

Please follow our Community Guidelines

Know This About the IronFX Broker

Filip Dimkovski

June 15, 2021

Wealthsimple Review: Trading Options, Stocks, Fees, and More

Andrew Moran

September 30, 2021

Avatrade Review: Safety, MT4, Crypto, Social Trading, and More

Andrew Moran

December 23, 2024

Andrew Moran

Can't find what you're looking for?

Is it possible to open a buy trade in EUR/USD and withdraw the euros I've bought?

Related Articles

Know This About the IronFX Broker

Wealthsimple Review: Trading Options, Stocks, Fees, and More

Avatrade Review: Safety, MT4, Crypto, Social Trading, and More

Related Posts

How to Withdraw Money From Winiford, The Cryptocurrency Trading Platform

What Is the Fastest Way to Withdraw Money From Robinhood?

Solved: Withdraw Money & Crypto From Your eToro Account

Are RESP Withdrawals Taxable?

How long does it take to withdraw money from Ironfx?

What should I do if I can't withdraw my money from eToro?

Should I copy open trades on eToro?

What are the withdrawal limits on eToro?

What is a margin in finance?

How do I withdraw money from gate io?

When to close an open position in CFD trading?

What are the fees for withdrawing from BitMart?

The best way to withdraw profit from copy trading to supplement my income a few times a year?

How do I cash out my earnings on Robinhood?