Do you believe in the false myths about buying forex online

Money Exchange

Do you believe in the false myths about

buying forex online?

The internet has only recently taken the world of foreign
exchange by storm and there are still a host of people who

prefer real world forex vendors to get all the currency
needs sorted..

✓These individuals find it hard to adapt to the world of
online foreign exchange due to certain misconceptions &
myths that have clouded their outlook toward this new age
way of buying foreign currency. If you are one of these
individuals, then ironically the internet has brought you to
the right place, because this article will debunk some of the
most common myths regarding online forex portals and

Myths About Buying Forex

✓The first and most common myth is that buying forex
online is not safe.

There are many instances of people ordering phones online
and receiving bar of dish washing soap. Some people order
something and get something else; these occurrences have

dented the reputation of online services providers.

✓since most forex transactions involve large amounts of
money, some people are speculative regarding such service

providers. However, as long as the service provider you
choose is RBI authorized, your money is in safe hands - just

as safe as going to a bank and exchanging your money
physically.

Buying Forex Online

✓The next myth is that buying forex online is a very
complex process.

This is not true and even a novice can make a transaction
without much of a hassle. In fact, most portals require you
to follow a few very simple steps. With some sites, all you
have to do is register yourself, which is like setting up and

Email Address.

✓Then the RM will come collect the documents and your
account will be functional. You can then select the

currency you need, the amount you need, transfer your
local currency to the service provider and you can expect
the currency to show up at your doorstep within a couple

✓Myth number 3: Buying Forex Online is expensive:

Some people are of the opinion that going online to buy
foreign currency is a costly affair. However, in it’s actually
the opposite. Most online forex portals provide you with

forex solutions that economical.

✓The rates are always good, without any mark-ups and
the commission charges are very low, as low as 0.015% on
some portals. Also, you can compare before you finalize on
a transaction so as to ensure you are getting the best deal.

These were 4 of the most common myths about
forex online

✓We hope this PPT has cleared the air around these
portals and that you give one of them a try the next time

you need to exchange money for one of your trips.

✓Some of these sites even provide you the services of a
multi-currency card that can be very handy on your trips.
These cards can be used at POS & ATMs without paying
any conversion fees or transaction charges. All the best

for your foreign trips and bon voyage!

To Read More on

Forex Online or Axis foreign exchange

-: Visit us :-

https://forexonlineservice.wordpress.com/2017/11/04/d
o-you-believe-in-the-false-myths-about-buying-forex-
online/

Click To Know More On

https://www.axisforexonline.c
om