What is the Broker’s Role
The buying and selling is all handled by our broker. We find a Forex broker, fund an account and place our trades using their trading platform. The FX broker has made everything very simple.
We fund our accounts generally with US dollars which the broker will gladly convert for you if you use the EUR or Canadian dollar or any non US denomination.
After that, it does not matter what currencies you trade, everything is handled by your broker. No need to worry about Pounds or Canadian dollars or Euros or Swiss Francs or Japanese Yen.
You place an order to buy or sell the pair of your choice and your broker instantly makes it happen.