Thanks sim for the Oanda caculator.I was always allergic to all the ineternet only forex brokers etall! Even though I may not rush to open a/c with Oanda right now for other reasons,I have to admit they do possess state of the art platform in forex. I can never get such clear $ figure credit/debit interest answer for a possible spot forex play from IB.always round about & evasive answers!! Chat rep or even IB guys who post here will at the most link only the web page link which tells about + & - %.never a exact $ figure based on the previous days's interest rate!!
I'm not sure I would call it "State-of-the-art". I would say it is simple, easy to use, and just what the doctor ordered (no downloading, etc).
Hi everybody, Is any canadian here dealing Forex with IB Canada? to open an account, they are asking canadians to submit a W-8 Tax form for tax withholding purpose. I don't get it why as a canadian, dealing with a canadian company why should I pay taxes to Americans. why not paying taxes to British, germans, japanese, etc.... I think there is something wrong. Thx in advance for any comments. Abe
What the %^&* is going on with USDCAD? USDJPY is at a 3-month high, AUDUSD and EURUSD are in the middle of their monthly trading range, oil and metals have been dropping for weeks, yet USDCAD is 100 pips off a 30-year low and still falling. Today's figures showed the Canadian trade surplus down by $4 billion, the US housing crash is drastically cutting US lumber imports, as the US economy heads into recession their trade deficit should keep dropping: so what on earth can be driving the loonie up? According to the RBC model it should be at around 1500 by now, not bottom-feeding in the 1030s. I keep loading up, figuring it has to start going up again real soon, and it keeps stopping me out and finding new lows. Any theories?