Know how to compare exchange rates

How to get the best exchange rate
Ensuring you get the best possible exchange rate at the time of the transaction is imperative to cost-effective foreign exchange. When you request a foreign exchange quote a broker or bank will usually quote a price based on a percentage from the mid-market. This is generally known as the spread, margin, markup, ba...

To read this article, please register or sign in. It’s FREE!

Already registered? Login below:

Continue with Google

Get expert opinion on investing, trading, and currency transfer accounts and markets.

Subscribe to Good Money Guide Premium and become a better, more informed about investor. Our expert, exclusive analysis, guides, data and educational courses provide the sort of information that everyone, from first-time investors to experienced professional traders, can learn to profit from.

As Featured In

Good Money Guide in the Press

What do you get when you subscribe?

You get access to all our premium features with one simple subscription including:

Expert Analysis

Get our easy-to-digest analysis of major UK and US stocks, commodities, indices, and currencies, which give bull and bear opinions and highlight the pros and cons of taking a position.

Educational Courses

Designed by experts to help you become a better investor, or trader with tutorials based around the key elements of how to invest, trade or managing currency exposure successfully.

Broker Comparison

Use our data, reviews and comparison to switch to a more appropriate broker so you can reduce your fees.

Exclusive Events

Join us for exclusive events like the Good Money Guide Awards, the London Investor Show and other member only events.

Join our community and sign up for our latest expert analysis, guides reviews and interviews.

Great information and content on financial markets with some particularly insightful CEO interviews. Highly recommended.

Alex H

Trustpilot

It’s a nice comparison website with great explanations about financial markets and timely news updates. All you need to get enough knowledge and inspiration for trading. Also nice newsletter.

Elena

Trustpilot

Always honest, and often very informative, posts about various financial markets.

Alex N

Trustpilot

A very useful, interesting and factual website.

Kurt

Trustpilot