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

Updated on December 11, 2023

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

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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