I was clarifying at which point the USD/ZAR conversion happens during withdrawal - a matter of fact regarding the process which you inquired about, quoted below:
If I requested a withdrawal today, right after the trade, and asked you to deposit my profits into my SA Savings account.... which exchange rate would you use for the USD to ZAR conversion?
To clarify - the exchange rate given is determined by your transactional bank and NOT the Webtrader team.
I did not speak to your particular trading strategy and the risks therein because this is not a forum for personalised financial or trading advice - such would require a consultation with a financial adviser or financial planner.
If you need further assistance, please let me know. Alternatively you can contact the Webtrader team on 0860 121 555 .
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