Forum >> Best base currency for Forex broker account?

Opened by: dambrus
Opening date: 9 January 2011 17:16
Number of entries: 3
Last entry: 10 January 2011 12:52

silvertrader wrote: 10 January 2011 12:52

Not so fast...  Paper currencies will be around in our lifetime and even after that. The world's monetary system may go through significant changes, but we'll always have a chance to trade and profit from price moves. I think it doesn't matter which currency you choose, as long you trade profitably. I have accounts in EUR, USD and HUF, my homeland's currency.

lizardforex wrote: 9 January 2011 20:05

In my opinion this in today's times, does not even matter.
If you can open in gold would be the best hehehe (=

dambrus wrote: 9 January 2011 17:16

I'm currently in process of opening another broker account (for trading Sure Forex Signals mostly) and I was wondering what would be preferred base currency for broker account, assuming that we're looking at a timeframe of at least next couple of years? Both USD and EUR appear a bit 'shifty'... Would CHF be a sensible choice? Or it doesn't matter really since everything is going down the drain real soon anyway? :)