Currency Trading Margin

Posted in Currency Trading by admin on May 28, 2007 No Comments yet

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Currency Trading Margin
What do you mean by dual currency deposit and margin trading?

This terms are taken from indian banking scenario. Now a days these words are frequently used

Before you start trading you have to open account and deposit money on it. In a dual currency deposit account you can deposit in two currencies, (like rupees and dollars) and trade in the two (for instance on the Indian stockmarket and the Nasdaq).

Margin trading is trading securities with some of one’s own cash together with cash borrowed from a broker. This has the effect of magnifying any profit or loss made on the securities.

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