Accounts in your own currency

Discussion in 'Forex Trading' started by tmclimon, Jan 15, 2009.

  1. tmclimon

    tmclimon Guest

    Hi all,

    I am not yet decided about which broker to choose. Currently, I demo with Alpari and am quite satisfied with them.
    One thing looks especially good : they allow you to get trading account in your own currency, rather than in the US;

    Here is what i think : if, every time I earn some pips, I have to trade them from dollars to pounds, this is double risk. First, my trade on the forex, now the trade to get the money on my bank account. In terms of money management, it sounds like a disaster.

    Am I missing something ? It sounds like a super important criteria but I have barely seen it mentioned.