Personal Finance & Money Asked by arisalexis on December 12, 2020
I would like to buy a certain stock that is not available in my currency and also an index fund. I see there is the option to buy it with CFD but I cannot find it in the documentation or through search if it is possible to buy this without leverage reason being I want to go long with a long-term horizon on them and I am not sure of how to apply a currency hedge.
Site support confirmed this is possible with setting margin at 100% so you can buy a CFD without borrowing money and no interest rate fees.
Correct answer by arisalexis on December 12, 2020
Additionally, and given that derivative exposure involves risk factors not necessarily associated with underlying exposure, I think that this tutorial on how to hedge away the currency risk associated with the purchase of stock in something other than your base currency may be helpful:
Answered by PatternMatching on December 12, 2020
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