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VIKBIK

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6 hours ago, VIKBIK said:

Hi

I shorted 2 contracts "us tech 100cash A$1" at 12212 and closed by market order at 11497. why did I get only $990? it said that it was converted at 0.69? why was it converted from usd to usd through australian dollar?
image.png.625dfdf86d706149b740340a808790c6.png

Hi @VIKBIK,

Thank you for you post. On AUS contracts one point means AUD 1. Therefore the 0.69 would be the conversion of AUD to your account base currency USD. 
 image.png

You can open a CFD account with a different base currency if you wish to trade in AUD for example. You will need to open a CFD account and contact us to change the base currency.

I hope that it helps !

All the best - Arvin

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