Foreign Exchange

Expatriates, international investors and frequent travelers often need to move money between currencies and the conventional bank systems for doing this are often slow, cumbersome and expensive. There are also trading and investment opportunities in foreign exchange.

A host of services has sprung up to cater to the needs of internationally mobile capital outside the conventional banking system, which has been slow to respond to the needs of modern investors and traders.

Some of these simply allow the transfer of money on nominated dates at pre-booked exchange rates, often free; others offer alternatives to conventional stores of value using gold or other instruments; and for more demanding, professional traders there are currency exchanges in many cities worldwide, often offshore, which allow trading to take place in a tax-free environment.

There is a considerable amount of helpful material on foreign exchange in investorsoffshore, and for that matter on our other sites as well, so here are some links to relevant parts of our own and other sites, listed below under various subject headings:

Foreign Exchange

Foreign Exchange Trading - Delightful, But Have A Care! An InvestorsOffshore special report on the new offshore possibilities for trading and investing in foreign currencies.

The Lowtax.net jurisdictions section has detailed descriptions of the stock exchanges, many of which offer currency trading facilities, in each of more than 20 key offshore jurisdictions

The LowtaxPro Offshore Stock Exchanges Report: highly detailed information on stock exchanges, many of which offer currency trading facilities, in the top 20 offshore jurisdictions. This is a paid-for report, but you can see a contents listing through this link.

Forexyard.com is one of a number of forex sites that offers reasonably informative tutorials alongside forex trading services.

Related Forign Exchange News

2010: India Disallows Forex Losses