IUX
Exness
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South Africa (9)
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Germany (9)
Thailand (10)
Philippines (9)
Nigeria (10)
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Malaysia (9)
What Settlement Date means
The date on which a currency trade is actually completed and funds exchanged. Concepts like this reveal some of the underlying plumbing of the forex market that isn't visible directly on a retail trading screen.
The date on which a currency trade is actually completed and funds exchanged. Concepts like this reveal some of the underlying plumbing of the forex market that isn't visible directly on a retail trading screen.
The date on which a currency trade is actually completed and funds exchanged. Concepts like this reveal some of the underlying plumbing of the forex market that isn't visible directly on a retail trading screen.
Standard forex trades settle T+2 (two business days after the trade). This is the kind of nuance that separates experienced market participants from beginners, since it only becomes practically useful once the basics are second nature.
Relevant mainly to spot forex mechanics rather than day-to-day CFD trading. In practice, traders typically encounter this directly within their trading platform, charting software, or an economic calendar, depending on the specific context in which it arises.
