Whatever the case, you’re looking for the best way to send money to China without paying too much in fees. Many of us are simply uncomfortable strapping thousands of dollars to our bodies to walk across the border (which is one way to do it). Every country limits how much you can ca...
Currencies are traded in pairs. The price tells you how much of the quote (second) currency is needed to buy one unit of the base (first) currency. Currencies can be day traded at the spot rate (current exchange rate) or through derivatives. To start day trading forex you will need ...
The “Balance” button, still inside the profile page, indicates how much money is in your Alipay account: note that the application doesn’t tell you how much money you have available on the credit card tied to Alipay, but only the money you have available in your Alipay account, a litt...
Basically, the movement of a currency pair such as EUR/USD from 1.2000 to 1.2001 would represent a one pip rise in the exchange rate, so the pip size in EUR/USD is 0.0001. This one pip movement would equal a shift in value of $0.10 on a micro lot of 1,000 euros, $1 on a mini...
The cross currency triangulation method is used by importers, exporters, governments, and others to transact business in euros while making profits in a home currency.
How Much You Pay for 1,500 Euros Now assume you already know that you want 1,500 euros for your trip. How much will they cost you in U.S. dollars? Multiply 1,500 by 1.146 (the same bank exchange rate) and the result is $1,719. That is how much you need to pay to get your...
You can make as much money with a shorting strategy as by going long, although many people find it easier on the eye to project a price trend upward than downward. In general, the stigma attached to short selling is not present in trading Forex. This is one of the great virtues of For...
If your nationality is Pakistani and Afghan and also you are a resident of another country other than the U.K., the U.S, and Canada, TAP Persia’s visa process fee in this case is50 Euros (for a 1-45 days visa),but if you are the resident of one of mentioned countries, visa pr...
The hotel is ok, but I feel ripped off. When we arrived at the hotel, the front desk told us that we could upgrade the room type for 80 euros, 160 euros for two days, and we paid 320 euros for 2 rooms in total. When we got to the room, it was actually the room type we ...
Transaction Limits: Check if there are any limitations on how much money you can transfer in and out of your account, both in total and per transaction. This is to avoid any surprises as you scale up. Account Features: Consider what the account offers, such as cash withdrawal limitations,...