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.