Hey, just a quick question. I opened a demo account with IBFX a couple hours ago and it got me thinking. Because i live in AUS and only use AUD does that mean when i join a broker all my cash will be converted into USD? and since AUD = a little more the .5 USD that'll mean i need to save twice as long... Also, anyone wanna run me throuh IBFX? it any good? i read a quick guide on it and managed to turn 3k into 6k but what i'm doing doesn't seem very safe, all mainly based on intuition and quick graph reads...
also, whats stopping me from 'buying' and leaving it open for a few weeks until it actually goes into the green? Is there some rule stating i cant go over 24 ours or something? (i ask think cause i bought some money and left it open overnight and when i came back my account was down to like 100USD and the trade had closed on me, confusing.)
also, whats stopping me from 'buying' and leaving it open for a few weeks until it actually goes into the green? Is there some rule stating i cant go over 24 ours or something? (i ask think cause i bought some money and left it open overnight and when i came back my account was down to like 100USD and the trade had closed on me, confusing.)