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Is it possible to open a deal to buy the EUR/USD pair and withdraw the purchased euros from the account?

by guest (4.9k points) in Forex Trading asked

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by anonymous (183k points) answered

No. There is no delivery on Spot Forex. Such a transaction is considered a contract, not an act of exchange. At the same time, some brokers allow you to exchange currencies at an attractive rate within a multi-currency account.

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Is it possible to open a deal to buy the EUR/USD pair and withdraw the purchased euros from the account?

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