Margin Currency in CFDs

[Alexander Hahn]

Broker A has a CFD for Nikkei 225 using USD as margin currency

Broker B has a CFD for Nikkei 225 using JPY as margin currency

The price rises by 100 basis points. Do you make more profit with broker A if USDJPY goes up at the same time?

[Mohamad Zulhairi Baba]

Alexander Hahn:

Broker A has a CFD for Nikkei 225 using USD as margin currency

Broker B has a CFD for Nikkei 225 using JPY as margin currency

The price rises by 100 basis points. Do you make more profit with broker A if USDJPY goes up at the same time?

technically yes. but negligible if your trade volume is small.

[Alexander Hahn]

Mohamad Zulhairi Baba:

technically yes. but negligible if your trade volume is small.

Thank you