FX 101

20. Brazilian real - BRL The Brazilian real has been the central currency since 1994, which it finally settled...

Do you need to hedge your currency exposure? The BIS reported global foreign exchange markets reached a stunning $7.5...

The history of money In times gone by, people would trade goods like food, materials, and livestock directly with...

What is a bank transfer? A bank transfer is a way of sending money from one account to another....

1. You get better exchange rates The most common selling point of foreign exchange companies is their ability to...

How unregulated online brokers steal money Despite advances in consumer protection and government oversight, there remain many legal loopholes...

What is FX hedging? There are no set exchange rates on foreign currencies. The value of one might weaken...

How do bank transfers work? Banks transfer funds electronically via a communications network called SWIFT – an online platform...

Primary factors affecting exchange rate Many factors dictate foreign currency exchange rates. There’s an entire field of academic study...

What are the offshore accounts to choose from? Multi-currency account Offshore banks will offer multi-currency current accounts. Usually currencies...

Why are market movements so unpredictable? Foreign exchange markets can be very volatile Market movements are unpredictable and it...

How to ensure digital payments security Before making any online payment, you need to be sure the website where...