wednesday wetrace, page-31

Interesting question Crarg. I don't trade CFD's either but I suspect your second option is the correct one.

The currency future chart I posted is from the Globex exchange and is US$12.50/tick. The reason I mentioned currency risk is when investing/storing money in a different currency, there is a risk the exchange rate could shift in a big way and could cause significant losses, especially if the currency risk is leveraged.

There are many ways to manage currency risk when investing but the simplest is an equivalent sized hedge on the appropriate currency market. It is also possible to increase the investment gains if you place your hedge stops wisely ;)