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

Asked 4 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

How to Open a Stock Market Account for My Child

Sofia Thai

April 29, 2021

Should Beginners Start With Trading or Investing In Stock on the Market?

Sofia Thai

April 29, 2021

Solved—The Answers to Plus500’s Trading Knowledge Assessment

Andrew Moran

December 17, 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

How to Open a Stock Market Account for My Child

Should Beginners Start With Trading or Investing In Stock on the Market?

Solved—The Answers to Plus500’s Trading Knowledge Assessment

Related Posts

How to Withdraw Money From Winiford, The Cryptocurrency Trading Platform

Are RESP Withdrawals Taxable?

Solved: Withdraw Money & Crypto From Your eToro Account

What Is the Fastest Way to Withdraw Money From Robinhood?

Can you withdraw money from a demo account on HYCM?

How do I withdraw money from my Forex trading account?

How do I withdraw money from BitMart cryptocurrency exchange?

How do I deposit money on Ironfx?

How do I cash out my earnings on Robinhood?

Should I pull my CDs and buy land?

Can I withdraw or deposit money from in broker account using Paypal?

How long does it take to withdraw money from Wealthsimple?

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

Why is there a loss whenever I open new a trade?