FOREX 101 – How Foreign Exchange Currency Market Trading Works


You may know about stock markets but how about the foreign exchange market (FOREX)? If you’ve never heard of it, you should because it’s substantially larger than any single stock market. The New York Stock Exchange (NYSE), for example, handles $153 billion a day in volume, but the foreign exchange market has a daily volume […]

Read the full article →

Making an International Money Transfer – Costs, Rates and Risks


Transferring money domestically is pretty straightforward and you can normally work with one bank or financial institution to take care of the entire process. However as I and other friends who have moved overseas have found, transferring money across countries is not as straightforward. Further, the process, terminology and requirements tend to vary across countries. […]

Read the full article →