Answer
Many brokers let you fund accounts in multiple base currencies like USD, EUR, GBP, or AUD to match your local money and avoid conversion losses. Your trading account then holds that base, with profit/loss calculated accordingly. If the broker requires a single base, they convert your deposit at their rate, which includes a spread. Multi-currency support simplifies international trading. Some charge a fee to change base currencies later. Check available options and conversion policies during signup. Matching deposit currency to account base minimizes costs and streamlines deposits, withdrawals, and margin calculations across global pairs.
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