Question on Settlement procedure Duka/FxPro

Discussion in 'Forex Brokers' started by chris_57, Jun 2, 2011.

  1. chris_57

    chris_57

    Hello all,

    I have a question about the settlement procedure for an forex account.

    For example, I have a demo account at FxPro, when I make some trades and close all of them, my equity level stay fix and stable. With another demo account at Dukascopy, when I make some trades and close also all of them the equity level change until the settlement date ???

    My question is simple, just some brokers apply a settlement procedure or of them ?

    Could you explain me the difference between these two brokers because I'm veru confuse.

    I'm starting to open a real account with Duka but this settlement procedure fear me.

    Regards,

    Christophe.
     
  2. Pippi436

    Pippi436

    Google for 'tomorrow/next'. The equity keeps fluctuating with Dukas because you receive your PnL in the quote currency and it will settle to account currency in T+1.