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  #1  
Old 08-11-2017, 08:50 AM
mineyahujja mineyahujja is offline
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Posts: 21
Default I want to invest in foreign currencies. What would be my best options?

I want to invest in foreign currencies. What would be my best options?
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  #2  
Old 08-16-2017, 03:33 AM
divi divi is offline
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Default Re: I want to invest in foreign currencies. What would be my best options?

Hi, You can open an offshore savings account. This gives you good interest rates. http://www.mymoneysouq.com/accounts/...s-accounts-uae check this
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Old 08-16-2017, 04:06 AM
Ronsmith Ronsmith is offline
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Default Re: I want to invest in foreign currencies. What would be my best options?

Putting resources into outside cash sounds like a colorful and dangerous wander. The outside trade advertise used to be to a great extent overwhelmed by banks and institutional financial specialists, however online businesses and promptly accessible edge exchanging accounts have made it open to anybody.

In this article, we'll investigate the advantages, dangers, and best approaches to put resources into remote money.

Advantages and Risks of Investing in Foreign Currency

There are many advantages and dangers to consider before choosing to put resources into outside cash.

While it's the biggest and most fluid market on the planet, financial specialists ought to be aware of the many dangers that set it apart from conventional value and security markets. Quite, the high use utilized when putting resources into remote money can bring about high instability more serious danger of misfortune.

The key advantages of putting resources into remote cash include:

Vast and Liquid Market. The remote trade showcase is the biggest and most fluid market on the planet with normal every day volume in overabundance of US$4 trillion.

Expansion. The outside trade advertise offers financial specialists an approach to differentiate far from potential dangers related with the U.S. dollar as an advantage class.

The key dangers of putting resources into outside cash include:

High Leverage. The outside trade showcase moves in little augmentations, which makes high use (by means of edge) a need and hazard for those specifically contributing.

High Volatility. The remote trade advertise is known for large amounts of unpredictability because of financial reports, national bank mediation, and different elements.

Speculators ought to painstakingly consider chance administration procedures to help moderate these dangers and enhance their long haul returns. Also, it's imperative to keep adequate capital available to dodge any hazard originating from the utilization of use when exchanging straightforwardly on outside trades.

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Old 08-16-2017, 07:49 AM
Ritagupta Ritagupta is offline
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Join Date: Aug 2017
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Default Re: I want to invest in foreign currencies. What would be my best options?

"You should go in with a bank for investment in foreign currency. It falls under their corporate banking solutions. It offers FX Spot FX Forwards and Markets Commentary and Research services."
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