The Foreign Exchange markets are the biggest in the world with a daily turnover in excess of $1 trillion, dwarfing the equity markets. Unlike the equity markets which are traded on a public exchange, foreign exchange is traded "over the counter" which means all deals are confidential between two counterparties. This makes it very difficult for the "man in the street" to know what the true market price is. Until recently, the market was dominated by large global banks who were members of what is called the "interbank" market. However, the market has started to open up.
It is this access to the true market that allows us to offer you a much better price.

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