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      • How to hedge business currency exposure
  • Broker Reviews
  • CEO Interviews
  • About
What accounts would you like to compare?Select an account type to compare:
  • Investing
    • Accounts
      • Investment Accounts
      • Stock Brokers
      • Bond Brokers
      • Fund Accounts
      • SIPP Accounts
      • ISAs (Stocks & Shares)
      • Lifetime ISAs
      • ETF Investing Accounts
      • Junior Investment ISAs
      • Equity Crowdfunding
      • Wealth Management
      • IFAs
      • Robo Advisors
      • ESG & Ethical Investing
    • Reviews
      • Hargreaves Lansdown Review
      • Interactive Investor Review
      • Freetrade Review
      • AJ Bell Reviews
      • Degiro Review
      • Halifax Share Dealing Review
      • EQi Review
      • Nutmeg Reviews
      • Moneyfarm Review
      • Wealthify Review
      • Wealthsimple Review
      • WiseAlpha Review
    • Guides
      • How to invest in stocks
      • How to invest in bonds
      • How to invest in REITS
      • How to invest in a SIPP
      • How to invest in a stocks and shares ISA
      • How to invest in ETFs
      • How to invest in IPOs
      • How to invest in index funds
      • How to invest in open-ended funds
      • How to invest in investment trusts
  • Trading
    • Accounts
      • Trading Platforms
      • CFD Brokers
      • Spread Betting Brokers
      • Social Trading Platforms
      • Forex Brokers
      • Index Trading Brokers
      • Commodities Brokers
      • Futures Brokers
      • Options Brokers
      • MT4 Brokers
      • DMA Brokers
      • Prime Brokers
      • Professional Trading Accounts
      • Trading Apps
    • Reviews
      • IG Review
      • CMC Markets Review
      • Pepperstone Review
      • Fineco Bank Review
      • Interactive Brokers Review
      • Saxo Markets Review
      • XTB Review
      • Spreadex Review
      • eToro Review
      • Plus 500 Review
      • City Index Review
      • ETX Capital Review
    • Guides
      • How to trade CFDs
      • How to spread bet
      • How to trade forex
      • How to trade indices
      • How to trade futures
      • How to trade options
      • How to trade gold
      • How to trade oil
      • How to trade commodities
      • How to go short
      • How to trade pairs
      • How to trade economic indicators
      • How to trade with technical analysis
      • How to trade social media sentiment
  • Currency Transfers
    • Accounts
      • Currency Brokers (Large Conversions)
      • Money Transfers (Small Conversions)
      • Travel Money Rates
      • Corporate FX Firms
      • Currency Forward Brokers
      • Currency Option Providers
      • Currency Hedging Brokers
      • Currency Quotes Calculator
      • Historic Markup Calculator
      • Currency Fee Calculator
    • Reviews
      • Currencies Direct Review
      • TorFx Review
      • OFX Review
      • Linear International Payments
      • Transferwise Review
      • Currencytransfer.com Review
    • Guides
      • How to compare currency quotes
      • How to choose a currency broker
      • How to use currency forwards
      • How to use currency options
      • How to lock in an exchange rate
      • How to prepare for a large currency transfer
      • How to receive currency from abroad
      • How to hedge business currency exposure
  • Broker Reviews
  • CEO Interviews
  • About

Currency Q&A

Currency Q&A

Do currency brokers give better exchange rates?

1st December 2020 Richard Berry

A reader has asked: Do currency brokers give better exchange rates? The quick answer here is yes they do. It is possible to save a huge amount of money on foreign exchange and international money […]

What are the best multi-currency accounts
Currency Q&A

What are the Best Multi-Currency Accounts?

7th October 2020 Ruth Jackson-Kirby

A reader asks: Which UK Banks offer the best deals for a current account that accepts deposits in euros or dollars, and the best exchange rates? Answer: Most current accounts will accept deposits in euros […]

Euro business bank accounts
Business Finance

Where can I open a business Euro account online?

25th September 2020 Richard Berry

A reader has asked: Can I open a business euro account online? The good news here is that yes you can. In fact, you can open most business accounts online, although depending on your requirements […]

Currency Brokers

What to do with a large amount of Euros before converting it to GBP?

4th September 2020 Richard Berry

A user has asked: If I want to hold a large Euro sum before transferring to GBP what is the best way to manage this? A Euro bank account in an established bank? If so […]

Currency Q&A

Receiving Euros from a house sale in Bulgaria

3rd September 2020 Richard Berry

A user has asked: I wish to receive euros from a house sale in Bulgaria but I need it to go into a euro account. What’s the best way to get this set up. Answer: […]

Large YEN to USD currency transfers
Currency Brokers

Who can handle a large YEN to USD currency transfer?

27th August 2020 Richard Berry

A user has asked: I am looking for a service that can handle the conversion of 500,000,000 YEN to USD. The answer to this question is that you really need a currency broker for a […]

Converting Currency Online
Currency Brokers

What’s the best way to convert money from one currency to another online

8th January 2020 Richard Berry

A reader asks: How do I convert an amount of money from one currency to another online? As with the previous question about the best UK accounts for getting paid in Euros, this is an […]

Currency Q&A

I want to transfer a large amount of money from my bank account (natwest) in the UK to my account in Australia.

20th August 2018 Good Money Guide

Original Question: Hi, I want to transfer a large amount of money from my bank account (natwest) in the UK to my account in Australia. Would I get a much better rate with a currency […]

best forex pairs to trade
Currency Q&A

How best to protect our money using a foreign exchange broker?

18th July 2018 Richard Berry

Question: I was wondering how best to protect our money using a foreign exchange broker. Presumably, this area is open to fraudsters? GBG: do you mean for int money transfers? Client: Yes. Euro to Sterling […]

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ABOUT

The Good Money Guide is a London based guide to trading and investment accounts for clients based in the UK, Europe, Asia, South Africa and Australia. For more information on how this site makes money please find out more about us.

Disclaimer

The information contained in this website is for informational purposes only and does not constitute financial advice. The material does not contain (and should not be construed as containing) investment advice or an investment recommendation, or, an offer of or solicitation for, a transaction in any financial instrument.

RISK WARNING

ALL INVESTING INVOLVES RISK. Investing, Derivatives, Spread betting and CFD trading carry a high level of risk to your capital and can result in losses that exceed your initial deposit. They may not be suitable for everyone, so please ensure that you fully understand the risks involved.
ESMA & FCA Risk Warning – “CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 68-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Capital at risk”

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