Interested in trading accounts? Find out about foreign currency exchange providers. Regulated by ASIC(AU) or FSA(JP); compare twenty four hour trading, gadget compatible service and a customer support line, in the following languages: turkish, french, arabic and chinese.
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i am predominately turned to regarding indirect quote.
Indirect quote is a foreign exchange rate quoted as the foreign currency per unit of the domestic currency. In an indirect quote, the foreign currency is a variable amount and the domestic currency is fixed at one unit.
For example, in the U.S, an indirect quote for the Canadian dollar would be C$1.17 = US$1. Conversely, in Canada an indirect quote for U.S. Dollars would be US$0.85 = C$1.
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is interbank relevant for first time users?
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