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Ash256
12th March 2006, 02:51
I'm a skint student, who wants to gamble a small amount of beer money in order to give something a go.

I fancy doing a bit of foreign exchange back-and-forth conversion, and I was wondering, does anyone know of a service online whereby you can convert small amounts of money to a foreign currency and exchange it back without paying comission? I definitely need to do it through the internet, because the Net provides the instant speed that I need.

I might totally be on the wrong website, but please can someone help me out?

Cheers.

jklondon
21st March 2006, 13:33
No comission? There are plenty of places doing this but you are paying a higher spread e.g. you post office. If you just want to take a punt on a currency then you might as well use them but if you are serious then get a few books do some research and open a spread-trading account – just make darn sure you can afford to lose all the money you put into the account! I get the impression you cant so try something which is less capital intensive and less risky e.g. how about a setting up an ebay drop point for your uni?..

webster
21st March 2006, 23:41
google it. i heard theres a few co's doing what
you're looking for.

gd'luck.

New Merchant
7th April 2006, 17:32
I think CMC do it...but the spread is a bit tighter

Rob Power
10th April 2011, 22:07
interesting fact of the matter is that its free.

royalmatt
11th April 2011, 09:13
I guess no one convert that with any commission, well I am just thinking about website over internet as someone suggest at physical address like post office - I Don't know much about that,
Paypal help you with the minimum commission.

Progress
26th April 2011, 17:18
Those who provide such services necessarily interested in their own benefit. So anything else, but you will have to pay.