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FAQ
Q. What is a Spot trade? A. A currency conversion being done immediately.
Q. What is a Forward trade? A. A currency conversion agreed and due for a specified future date.
Q. Is there a charge to set up an account with the currency dealers on the Best FX Rate site? A. No, trading accounts can be set up free of charge.
Q. When I have opened an account, am I obliged to trade with that dealer. A. No, there is no obligation to trade.
Q. Will I pay more if I use Best FX Rate to contact a dealer? A. No, there is no charge to you for using the Best FX Rate site.
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