How can one take delivery on the FOREX market?
How can one take delivery on the FOREX market?
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user19894 · External communityPost link
External question — Personal Finance Stack Exchange
Author: user19894
Original post: https://money.stackexchange.com/questions/37360
License: CC BY-SA 3.0 — https://creativecommons.org/licenses/by-sa/3.0/
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I am trying to understand a little bit about the currency market. Lets say I have $10,000 dollars in cash and I am trying to buy 8000 Euros with it. Now when I take delivery, what does that mean? Can I actually get the Euro's in my hand(If I need to make a trip to Europe)? Or do I have to sell it on the currency market for the equivalent dollar amount and then convert it to Euros again?
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