When to Use Exchange Rates Video

Trader gives you the option to display trading results in your home currency even if you are trading an instrument that is not being traded in your home currency.

An example would be when you’re trading the EURO/GBP currency cross pair and your home currency is US dollars. In order for the Trader to make the correct calculations to display the results in dollars, you need to set an exchange rate between the EURO/GBP and the US dollar.

You also need to set exchange rates if you want to place trades based on your account balance that is stated in your home currency.

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