Hi guys Today I received a feed back from you guys, that why cant I obtain the exchange rate you let somebody see from my broker?
Hmmm that is a very Good question.
Exchange rates that are shown are those rates that the giant Financial Institution gives to your local broker. It is then up to your local broker to make a decision what exchange rate they pass on to the customer. Observably, the closer the exchange rate to the one that we display then the less profit is made by the your local broker. The bigger the difference then the bigger the profit to the broker - that's how they make their living! My advice is the short difference between financial institute and you are better,, and don’t try to cut the the difference that you think you purchase direct from financial institution because your local brokers gives you advice their experience matters a lot,
So, what you need to do, is find a broker that will give you an exchange rate as close to the one we display as possible.
To save your time, here's a bit of inside information that we have acquired from experience:
Best buying currencies are:-
Euro& Australian Dollars
why cant I obtain the exchange rate you let somebody see from my broker?
Posted by
Sheikh
on Tuesday, September 22, 2009
Labels:
Forex

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