It’s perfectly true that the world’s financial marketplaces, including that of Forex, are now a global and theoretically 24x7 operation.
However, in spite of what is sometimes portrayed in the movies, there remain many regional ‘opening hours’ differences between some of the major business time zones around the globe.
We will never try to hide the fact that we are seeking to sell you our services or that we’ll make a profit in doing so.
It’s not something we’re embarrassed about.
The above question isn’t quite as absurd as it might appear to be at a first glance.
Let’s be clear – nobody is suggesting for one moment that the major banks in Australia are untrustworthy in the sense of the legality of their operations.
The chances are your attentions are fully focused on making a success of your business. You quite understandably probably don’t have the time or inclination to try and turn yourself into an experienced currency transaction professional!
The spot contract is the mainstay of foreign currency conversions.
Here is a quick overview of how they work and a brief mention of some potential alternatives.