Are forex account hedged
I have a demo account with IC markets on meta trader 5. My account currency is EUR. When I take a position on USDCAD, for instance, am i hedged from EUR/CAD fluctuations ?
romain martin: I have a demo account with IC markets on meta trader 5. My account currency is EUR. When I take a position on USDCAD, for instance, am i hedged from EUR/CAD fluctuations ?
No. You are exposed on multiple currencies, not hedged.
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