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Assuming you don't have access to a margin account, how do you guys trade the major currency pairs (up/down) without the ability to short? Just started actively trading and the the viable options I see are:


(1) ETFS like ETFS 3x Long AUD Short USD (LAU3@LSE) - While these work well enough for hedging USD stock exposure, and are granular, they have large spreads and only trade London business hours.


(2) Futures on GLOBEX - Large minimum transaction sizes, not granular, narrow spreads.


Are there any better options I'm missing?


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