What is Forex Exchange?
Forex, also known as foreign exchange, FX or currency trading, is a decentralized global market where all the world’s currencies trade.
The Forex market is the largest, most liquid market in the world with an average daily trading volume exceeding $5 trillion.
How it Works?
All Forex trades involve two currencies because you’re betting on the value of a currency against another.
Think of EUR/USD, the most-traded currency pair in the world. EUR, the first currency in the pair, is the base, and USD, the second, is the counter.
When you see a price quoted on your platform, that price is how much one euro is worth in US dollars.
You always see two prices because one is the buy price and one is the sell. The difference between the two is the spread. When you click buy or sell, you are buying or selling the first currency in the pair.
What ISF Provides?
ISF provides the best rates to our customers we have sustained for a remarkable period as a foreign currency exchanger near you. And, we have 23 branches pan-India in more than 20 cities for your convenience.
We strictly adhere to the Foreign Exchange Management Act of RBI, so that our customers have a clear and transparent understanding of our rates and policies