Do Forex Funds Have to "Settle"?

[palmtops]

I'm curious if Forex funds have to settle after a sell like stocks do or are funds available immediately?

Thanks

[StockJock-e]

Nope, its in and out.

[palmtops]

Thanks StockJock-e

No settlement, daytrade as much as you want on margin with no limits in an extremely liquid market, no wonder people are addicted to Forex.

I'm been playing with a demo account all night and I have to say one of the biggest plusses to me has to be how easy it is to get in and out of a position versus stocks,.

I'll keep practicing, but I'm definitely hooked!

[RPM]

and NO TAX REPORTING from your forex broker......i mean, um, i dont make profit from FOREX

[mister_doodi]

Pay taxes anyway, it's the right thing to do even if the Forex tax laws are discombobulated and the IRS won't tell you for certian which tax laws you should go by. But Doodi digress.