Base Account Currency?

jigoddard

Recruit
Messages
1
I'm enquiring as to what base currency I should keep my account in? The options are either USD or AUD. I need to know as once I fund my account, I cannot change the currency.
My Details are as follows:
-Australian in Australia
-Intra-day Trader
-Planning on rarely withdrawing further from my account.
-Plan on trying scalping

Would I be better have base currency in USD and getting hit with a currency conversion while making deposits plus withdrawals or having it in AUD but then having the AUD/USD rate included with each of my trades.

Please help
 
It really boils down to the long-term change in the AUDUSD. If you think it's going to move up significantly, go with AUD. If you think it's going to fall, go with USD.
 
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