Archive for March, 2011

Low Fees Foreign Exchange Using CurrencyFair (Part 2)

Monday, March 21st, 2011

After setting up the account and getting the money to CurrencyFair (CF), I am ready to do some currency exchange. Market and limit trades If you have traded stocks before, you would easily understand how the currency exchange system works in CF. Similar to a brokerage account, you can place “limit” orders or “market” orders. [...]

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Low Fees Foreign Exchange Using CurrencyFair (Part 1)

Saturday, March 12th, 2011

I learned of the peer-to-peer foreign exchange facilitator CurrencyFair (CF) last month. CF is based in Ireland and was founded by four former bankers (with a blend of nationalities; Irish, Australian, Irish/Australian and Welsh)  who wanted to “build a currency exchange on the internet. It will be where people buy and sell currency from each [...]

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