What is the difference between dollar and IRT accounts?
March 28, 2024
You can choose the account’s base currency in dollars or IRT in trading accounts.
The only difference between these 2 is simply the display of the customer’s deposit, balance, credit, profit, and loss. In-country customers don’t need to multiply the balance of their transactions in IRT to get the equivalent amount in IRT and calculate their profit or loss; they need to choose an account with IRT’s base currency.
Account with IRT base currency: XTS and account based on dollar currency: USD
Note that in the nano account, cents are used instead of dollars, as shown by the USN symbol.
(Every 100 cents is equal to 1 dollar. Also, there is no difference between the traditional account and the dollar account)
Related Posts
No media posts found