Which currency for broker account

[soldmysole]

hi all,

i'm in the process of setting up a new broker account and i have a choice of which currency to denominate it in.
euros are whats in my pocket, but the given the current euroland wobbles, would i better choosing something else?

ideally something that seems likely to appreciate vs the euro in the coming months.
my main trading focus will be on LSE & NYSE, equities and futures. theres an exchange commission (0.5%)on any booked profit or loss. not on the principal sum. but given the relatively small sums i'll be trading it doesn't sound too bad.

i can choose just about any currency i want, but which one?

any views welcome

 

[Rhody Trader]

You're most likely better off just sticking with the euro. If you go with anything else you're taking a long term bet on that exchange rate.

 

[Depth Trade]

hi all,

i'm in the process of setting up a new broker account and i have a choice of which currency to denominate it in.
Euros are whats in my pocket, but the given the current euroland wobbles, would i better choosing something else?

Ideally something that seems likely to appreciate vs the euro in the coming months.
My main trading focus will be on lse & nyse, equities and futures. Theres an exchange commission (0.5%)on any booked profit or loss. Not on the principal sum. But given the relatively small sums i'll be trading it doesn't sound too bad.

I can choose just about any currency i want, but which one?

Any views welcome

chf

 

[soldmysole]

that was partly my thinking though, i'm not too keen on the future prospects of the euro or gbp at least over the next 6 months to a year.

having said that forex isnt really my thing

 

[soldmysole]

hmm chf had occured to me, also possibly cad/aud, they look like they might provide more stability??

 

[Rossini]

The sensible thing to do is what John said for the reason he gave.