Historically, foreign currency trading has always been reserved for central banks and large corporations. It has just not been tenable for small-scale traders to compete on the foreign currency market; they’ve had to be content with the stock exchange, instead.
However, foreign currency trading has opened up since independent money transfer brokers like we at Pure FX arrived on the market. Now, smaller investors can participate by lucrative money transfer transactions, making a profit for both themselves and their company, with our guidance.
Now the barriers to small-scale trading have been lowered, we are seeing more and more people turning to independent brokers like us, rather than their own banks. This is creating a whole new class of foreign exchange investors prepared to gamble as they do on the stock exchange.
There are many benefits of foreign exchange trading for investors. The foreign exchange offers greater efficiency and liquidity than the stock market. Currency exchange traders know the market is constantly active, with plenty of traders wanting to exchange in their currencies. The foreign currency exchange market has many times the volume of the stock exchange, making it totally buoyant, with a competitive edge.
This high volume means no one individual can control the market, meaning trends are easy to spot and trading conditions are reasonably stable. The stock market is all about sudden changes on a single whim. Prices can tumble or cascade without warning, because a major stock holder has decided to sell their stock.
Whether you want to use the foreign exchange for its own end, or to maximise the profits of the business you run, we at Pure FX will help you get the best currency exchange rate on all your transfers.