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What is the Foreign Exchange Uplift?

foreign exchange Uplift
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Posted

What is the Foreign Exchange Uplift?

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For transactions in a currency different to the originating card currency an uplift of 1.5% of the foreign exchange rate will be applied to transaction.

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Nerty

Your ability to make money trading forex depends on the proportion of trades you win and how big your profit is on individual trades. A typical trader who trades two hours a day during peak hours can make about 100 trades per month.
The optimal time to trade in the forex (foreign currency) market is when it is most active, this is described on the site . This is when trading spreads (the difference between the buying and selling prices) tend to narrow. In such situations, market makers who facilitate foreign exchange transactions get less money, which leaves more money for traders’ personal pockets.

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Jeromana123

If an analyst has got beaten by the market, then it is not the fault of the Market or murrey math, it is the fault of the Research analyst as a person who was not able to track the market properly.

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NewGuy40 NewGuy4 edited answer

Hello,
The best resource I have used is for checking the trusted brokers is https://globalfraudprotection.com/, they have a list of all the brokers with reviews and a table showing the different spreads for each currency pair and broker.

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If I understand correctly, then we are talking about the exchange rate of currencies? If so, then the situation is the same as with crypto, which I started dealing with recently. For example, in order to understand how to work with crypto, it is enough to visit a site where there is a service for converting bitcoin to litecoin. I use this service.

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