Investing on foreign exchanges?

Discussion in 'Professional Trading' started by Hedge22, Jan 5, 2007.

  1. Hedge22

    Hedge22

    Has anyone invested or trade on the foreign markets, from the US? As a way to gain from a stock and gain from a weakening dollar, or is it too much hassle? I guess you would need to get a bank account in europe or and then sign up with a broker there. I assume this is not illegal at all, since you are not trying to avoid taxes, just trading in a different currency. Any help would be appreciated, google didnt give me much.
     
  2. Adrian12

    Adrian12

    Interavtive Brokers will let you trade other markets or currencies
    I trade the Nekkei 225 in Yen (SGXNK) 2007/03 or (HSI) in HKD hope it helps:D
     
  3. Adrian12

    Adrian12

    OH BTW U can bet on all currincies long or short USD/EUR is popular Or futures EUR GBP 2007/03
     
  4. Hedge22

    Hedge22

    Thanks for the answer, thats exactly what I was wondering. Im not a big trader, just a few trades a month, and I have been using Charles Schwab, is the Interactive Brokers software easy to learn and catch on too?