Save time, money and improve your profits
WorldSpreads is delighted to announce the launch of its Foreign Exchange Delivery Service (FXDS), that offers our clients the ability to convert one currency into another at a significant discount to the spot rates offered by the major banks and most foreign exchange companies.
The advantages of our service:
The advantages of our service:
- No commission and very tight spreads (up to ten times tighter than the major banks)
- Delivery of FX free of transfer charges.
- High interest rates on funds held on deposit.
- Low minimum conversion amounts (£5000).
- Expert FSA regulated brokerage partner offering all major / liquid global currencies.
- Introducer rebates; where a generous percentage of each trade offered back to referrer.
|
Example using WorldSpreads FXDS:
|
 |
Example using a major bank's service:
|
|
You wish to change £300,000 into Euros
to buy stock. The £/€ spot price offered by WorldSpreads on this is, say, 1.4443 - 1.4458; therefore you would receive €433,290 |
|
You wish to change £300,000 into Euros
to buy stock. The price offered by a major bank on this is 1.4243 - 1.4558; therefore you would receive €427,290 and suffer a transfer charge on the delivery of the Euros. |
Therefore by using WorldSpreads FXDS you could be €6000 better off,
with a saving of over 1.25%.
with a saving of over 1.25%.
FXDS is available for spot and forward transactions
For further information, please call your dealer at WorldSpreads or email us