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Exchange Rate Updates

Benefits Of Foreign Exchange Over Stock Exchange Trading

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.

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Time for change

At Pure FX we’re completely in tune with the fact that the world is fast becoming a smaller place. Everything’s happening faster, everyone’s more in touch and, most importantly, because of technological advancement everything’s far more accessible. Purchasing a home abroad twenty-years-ago would seem like climbing Everest to someone who buys international property in the …

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How Banks Trade On The Foreign Exchange

nvestment and commercial banks in Britain are governed by Bank of England rates as well as commercial policy. They trade foreign currency as a service for their commercial, lending and deposit customers, and foreign currency exchanges are conducted for hedging and day-to-day trading purposes.

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How a strong pound affects foreign currency exchange rates

The UK commands a third of all money transfers made on the foreign exchange, with the US a close second. Traditionally, the pound and US dollar are seen as two of the most highly valued currencies in the world.

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Better rates for money transfer

Nowadays, it is the acceptable norm for people to have properties all over the world. Some have holiday homes in the Hampton, while others have holiday homes in exotic locations like Southern Africa. When it comes to acquiring these properties, local banks and currency exchangers can try to squeeze more than what is required out …

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Currency makes the world go round

It does not matter where in the world you go today. The one constant that you will find in every country on the planet is a measure of trade: their currency. A country’s currency is an indication of that country’s pride and livelihood hence the different names for currency in various countries. It is an …

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How Investors And Speculators Affect The Foreign Exchange Rate

The foreign exchange works like the Stock Exchange. Whenever investors trade in any kind of foreign investment they are dealing in foreign currency. This includes bank deposits, equities, bonds, or property investments. For example, a Scandinavian investor may want to buy shares in an American company. She will pay for the shares in US dollars, …

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Why Do We Need Foreign Exchange?

Individuals and businesses trade currencies whenever goods are bought and sold abroad. Thus, a currency exchange market has developed around these practices, with hedging practises used for volatile trading periods. The foreign exchange is historically centred on the large central banks, large financial houses, and multinational business corporations. However with the advent of independent currency …

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The Benefits Of Using Online Foreign Currency Brokers

Foreign currency exchange, commonly referred to as Forex trading, is undoubtedly the largest equity market in the world. And online foreign currency brokers like us at Pure FX are undoubtedly the best option for getting maximum currency exchange rates.

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Beat the recession with competitive foreign exchange rates

Depending on your point of view, there are certain advantages to travelling within an integrated Europe. One of them is being able to move across borders without having to go through the traditional exchange of foreign currency. The Euro has on the one hand removed that aspect of a country’s personality, and on the other …

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Same Day Transfers

We can transfer your money to your destination bank account the same day you send it, once we’ve confirmed the payment details with you.

Competitive Exchange Rates

Competitive exchange rates and transparent transfer fees, so you know exactly what you’re paying for.

Dedicated Personal Service

To guide you through the transfer process and keep you up-to-date with the changing exchange rates.

Established in 2006

Since then, we’ve transferred money for thousands of satisfied clients.

How It Works

  • 1. Register

    for a no obligation account
  • 2. Agree the exchange rate

    with your account manager over the phone
  • 3. Send us payment

    for the transfer of your purchased currency
  • 4. We transfer the currency

    to your nominated account