4 ms·
Why would that be guaranteed? Do you have a magic formula that tells you exactly what the exchange rate is going to do at any given moment? If so, can I see it
by Corinthian 5y ago
Why would that be guaranteed? Do you have a magic formula that tells you exactly what the exchange rate is going to do at any given moment?
If so, can I see it?
- Keyframe 5y agoThat's fairly standard, even among banks. I have a bank account and account with their FX desk, when I need to do conversions. They give me a spot rate real close to what you'd "seen on google", but I have to close the offer within the hour or it's not valid anymore. It's a big european bank.
- londons_explore 5y agoIf the rate moves in my favor, I complete the trade and earn money (minus the £6 fee). If the rate moves in the opposite direction I cancel the trade and retry in half an hour.