How to Change Base Currency in Trendo Trading Accounts

Changing the Base Currency of Trading Accounts in Trendo

In Trendo Broker, when opening a trading account, users can choose their preferred base currency from 11 international currencies. The base currency is the unit of currency in which the account balance, deposits, withdrawals, and the profits and losses of trades are displayed.

Changing the Base Currency of an Account

Once a trading account is created, it is not possible to change its base currency. This decision is made to maintain the stability of account information, ensure transparency in reporting, and prevent disruptions in trade calculations.

Note: If you wish to trade with a different base currency, you must open a new account with the desired currency.

Steps to Open a New Account on Trendo Platform

  1. Log in to your trading platform, and from the menu section, click on the marked icon as shown below.
  2. ​Click on the "New Wallet" option.
  3. In the new screen, after selecting the account type and the base currency, click "Create Wallet." This will open a new trading account with your desired base currency.

Transferring Funds Between Accounts with Different Base Currencies

When transferring funds between accounts with different base currencies, the currency conversion is done automatically using the latest exchange rate. No manual steps are required for currency conversion.

Important Notes on Choosing a Base Currency

  • Impact on Deposits and Withdrawals: All deposit and withdrawal operations are calculated and processed using the base currency rate against the US Dollar (USD).

  • Impact on Trades: The selected base currency affects how profits and losses, commissions, and trading costs are displayed.

  • Managing Multiple Accounts: You can create multiple trading accounts with different base currencies to pursue diverse strategies.

If you need further assistance, you can contact the Trendo support team.


    • Related Articles

    • Base Currency in Trendo Trading Accounts

      In Trendo Broker, when opening a trading account, users can choose their preferred base currency from 11 international currencies. The base currency is the unit of currency in which the account balance, deposits, withdrawals, and profits and losses ...

    • Changing Leverage in Trendo Trading Accounts

      In Trendo Broker, traders can easily adjust the leverage (trading margin) of their accounts through the mobile or desktop versions to implement their trading strategies with optimal risk management. How to Change Leverage in the Trendo Mobile Version ...

    • Types and Conditions of Trading Accounts at Trendo Broker

      Trendo Broker offers a diverse range of trading accounts, allowing traders and investors to choose the best option based on their trading style and goals. Below, we introduce the different types of Trendo trading accounts and their features: 1. Real ...

    • Islamic Account at Trendo Broker

      Trendo Broker offers Islamic accounts (Swap-free) to provide Muslim traders with trading conditions compliant with Islamic financial principles. In these types of accounts, the overnight interest (swap) on certain trading instruments is eliminated, ...

    • Leverage in Trendo's Trading Accounts

      Leverage (also known as trading margin) is a tool that allows traders to control a larger volume of trades with a smaller capital. Using leverage can increase both potential profits and losses, making it essential to understand how it works in order ...

    • Popular Articles

    • Start with Trendo's Welcome Bonus

      Enter the financial markets with Trendo's $100 welcome bonus without needing an initial deposit and without any risk. In this guide, we will fully review the process of activating the bonus via the mobile application and the conditions for using it. ...

    • Email Verification on Trendo

      Email verification on Trendo is a crucial step, as many services, including withdrawals, are only available through email. Methods for Email Verification on Trendo Email Verification During Initial Registration After completing the registration, a ...

    • How to Trade on the Trendo Broker?

      In this guide, you will learn step-by-step how to log into your account, install the platform, complete the verification process, deposit funds, and execute your first trade using the Trendo app or desktop version. Step 1: Download and Install the ...

    • Trendo Broker Support

      Trendo Broker provides 24/7 customer support, even on holidays, to address all user inquiries. Below, you'll find the various ways to contact Trendo support. It is recommended that after accessing the support section, you first check the Help Center ...

    • Referral Program (Referral Code)

      Trendo's referral program allows users to earn a percentage of their referrals' transaction commissions on a daily basis, automatically and without risk. By inviting friends to open accounts and trade with Trendo, you can secure a stable source of ...

    • Recent Articles

    • Deposit and Withdrawal Rules on Trendo

      On the Trendo trading platform, the deposit and withdrawal rules are clearly defined to ensure the financial security of users and to conduct transactions in a professional manner. Below are the main rules regarding deposits and withdrawals. Main ...

    • Deposit and Withdrawal Times

      Deposit Time Deposit Method Processing Time Cryptocurrency Gateway Instant after Blockchain confirmation (number of confirmations depends on the network) Internal Transfer between Accounts Instant Important Notes Deposits from all gateways are ...

    • Internal Transfer Between Accounts on Trendo

      Internal transfers allow you to easily move your available balance from one account to another within your Trendo account. This transfer can be done between all your real accounts and your wallet account without the need for complex procedures or ...

    • Cryptocurrency Gateway on Trendo

      On the Trendo trading platform, the cryptocurrency gateway is designed to facilitate deposits and withdrawals via cryptocurrencies. This method offers high security and instant transfer speeds without network fees, making it ideal for professional ...

    • Withdrawal of Referral Wallet Earnings on Trendo

      On the Trendo trading platform, all rewards earned from the Referral Program are automatically credited to your wallet account on a daily basis. Each user on Trendo has a dedicated wallet account, in addition to their real and demo accounts, which is ...