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The Currency Desk

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Macro18 May 2014

Currency Broker or Currency Analyst- What's the difference?

By Prem Raja · 1 min read

I’m Prem, I’m a currency analyst and I’ve worked with both corporate businesses and private individuals who require foreign exchange for the past 3 years;



After working with so many people, I noticed that there was a consistent lack of information being provided to such people before having to make decisions on their currency transactions, and therefore these people were losing vast sums of money.



For both a corporate business and a private individual, buying their currency at the wrong time can affect the business’s bottom line, or even a person’s personal savings in a negative way;



This is why my company and I are not currency brokers, we don’t just give our clients the best exchange rate of the day, we work closely with our clients and their specific situations to mitigate their foreign exchange exposure and guide them into purchasing their currency at the best times in their time frame.



For the corporate businesses I have done this for over the last year, and using our analysis we have managed to save them all between 3-7% on their bottom line, just by guiding them into finding the best times to purchase their currency, which is a visible transformation in any business or private situation.



Now I'm always on the lookout to find new ways to help other corporate clients or private individuals in regards to their foreign exchange transactions, if you or anyone you know may require this service, then please don’t hesitate to get in touch.

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