Spot Forex Question

[1mt2cu]

It's my understanding that if you trade only spot forex, you cannot elect out of the 988. Is this an accurate statement?

Thank you,

PG

[Ryan Gibson]

Hello PG,

That is incorrect, spot (cash) forex is the only type of transaction which defaults to 988 however you may opt out of 988 and into 1256.

Regards,
Ryan Gibson