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Just hipotetical question.... When country goes bankrupt has that any effect on money deposits within the broker located in that country? I mean, can money be frozen or something?
Hi; do you have this kind of experience? I mean local currency based investment? Thanks in advance.This is a tricky but excellent question. When country buncrupcy strikes major issue is liquidity and further how general liquidity contraction would affert business of your broker. If you have deposits in local currency you must additionaly count on currency depreciation and actual lost of value