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Which of the following best explains how currency traders can buy large amounts of currency with little money up front?
Wiki User
∙ 8y ago
They buy on margin to provide leverage for a large purchase.
They borrow money from their broker in order to make a larger currency purchase.
Wiki User
∙ 8y ago
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Which of the following explains what happens when currency traders buy on?
They borrow money from their broker in order to make a larger currency purchase
Leverage enables currency traders to which of the following?
Make large currency trades using small amounts of money APEX:)
Currency traders buy on margin so they can do which of the following?
Make large currency trades using small amounts of money.
Leverage enables currency traders to do what?
Currency traders use leverage (or borrowed funds) to trade financial assets (currency). Leverage allows an individual to control larger trade sizes in order to gain a greater profit on their investment.
How currency traders can buy large amounts of currency with little money?
Its called using leverage or buying on margin, but putting it simply they take out a loan.
What explains how buying on margin increase the leverage of currency traders?
borrowing money allows traders to make large purchases without a large amount of money up front.
What happens when Currency traders buy on margin?
When currency traders buy on margin they borrow money from their broker. They do this in order to make a larger currency purchase.
Who are the top 5 currency traders in the world today?
how are the worlds top currency trades today? how are the worlds top currency trades today?
Mali and Ghana in West Africa were Muslim kingdoms in the Middle Ages. Which of the following statements explains how Islam was able to replace African religious beliefs?
Traders in Africa had contact with Arabia and converted to Islam.
How much is an Australian worth from 1909?
Incomplete question - Whatever it is, it does not exist. With the possible exception of traders tokens (with the traders business name on them), there was no "Australian" currency prior to 1910. The only currency circulating in Australia prior to 1910 were British coins.
What is currency trading platform software used for?
Currency Trading Platform software is used to assist currency traders with up to date analysis and trade information, by providing charts and order-taking methods.
Which of the following was most useful to traders using the canal and the Savannah River?
Steamboats.
