Fidelity International Trading for foreign curency

Discussion in 'Forex' started by dijonyummy, Jan 28, 2010.

  1. Fidelity now allows international trading and now therefore allows you to hold foreign currency in your account for the sake of trading foreign markets. So I have 2 questions,

    1) Is this a good way to buy foreign currency?

    2) If I were to buy some Hong Kong Dollar, is that a pretty good proxy for the Chinese RMB?
  2. ric3bowl


    I don't know about #1, but if you're trying to get exposure to the Chinese economy in forex, your best bet would be AUD in my opinion.