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Is it possible to open a buy trade in EUR/USD and withdraw the euros I've bought?
Asked 3 years ago
Andia Rispah Igobwa
Monday, January 17, 2022
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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.
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