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Share Facebook Twitter Pinterest FXCM Plus Non-bank foreign exchange companies offer currency exchange and international payments to private individuals and companies. These are also known as "foreign exchange brokers" but are distinct in that they do not offer speculative trading but rather currency exchange with payments (i.e., there is usually a physical delivery of currency to a bank account). Categories: Foreign Exchange Market 0.25 paise or INR 0.0025 Any copying, reproduction, republication, as well as on the Internet resources of any materials from this website is possible only upon written permission. Series: For Dummies Latest Videos Learn to Trade Momentum Stocks Online Based Courses & Forums An exchange rate is simply the ratio of one currency valued against another currency.

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