Currency exchange, directly in the currency market. How to save money?

Rare person faced with the need to change, that is, to sell or buy foreign currency. As a general rule, to perform any currency transactions citizens go to the nearest bank or exchanger. The bank, of course, seen the overwhelming number of inhabitants of the Russian Federation as a highly reputable organization, and other alternatives, many simply do not know. However, you can change currency and directly on the MICEX currency market. Let's look at which option ultimately more profitable.

Buying currency in the bank

When you buy a currency at a bank you lose some money. Your financial loss due to the fact that banks and other commercial organizations interested in their own benefit, so the exchange rate have higher than the official rate of the Central Bank. A difference of about 2%, or even more. It seems that it's not much, but in fact when buying even 1000 dollars you lose a significant amount. For example, the exchange rate of the dollar on May 20 - 49.57 rubles, then, to buy 1000 dollars must be 49 570 rubles. At the same time in one of the largest Russian banks to buy dollars could already for 52 rubles, and 1000 dollars - for 52 000 rubles. The difference is obvious.

This may mean little if you buy a currency rare. And if you are giving a monthly currency credit? Then the financial losses for the year could reach a solid amount. For example, if you give $ 3 000 per month, every month you lose on their purchase 7290 rubles, and in the year it is 86,400 rubles.

Currency exchange in the currency market

Access to the foreign exchange market can be obtained through the investment companies. These are serious organizations that have a license and comply with the rules established by the Central Bank. The biggest advantage is that your losses when buying foreign currency are calculated at the exchange not in rubles and kopecks.

For example, when opening a brokerage account through the "BCS Broker" registration, account opening and client software for free, and the company's commission is only 0.075% of the turnover of assets. Plus a 0.0015% takes Currency Exchange and 0.0908% goes for the transfer of funds to the bank account. But here interest costs much less than buying the currency in the bank: 1 000 dollars you will lose about 97 rubles. And no more than 2 000, as in buying a bank or exchange office. This is especially beneficial to those who commit foreign exchange transactions with large turnovers: in this case, the savings can reach tens of thousands of rubles. Calculate the savings you can use online calculator.

Currency purchased through a brokerage account, you can quickly translate to a regular bank account. In addition, the security of transactions on the MICEX regulated as a bank: all operations are conducted in accordance with the rules of the exchange, every transaction is registered.

How to change the currency directly in the market

How do you get access to the foreign exchange market and exchange their own currency on the exchange? Access to natural and legal persons to the BBVB currency section provides the company "BCS", giving the opportunity for everyone to buy the currency at a rate equal to the Central Bank of the Russian Federation.

We will look at the points of the process of buying foreign currency on the exchange:

• Purchase of foreign currency through a broker, so the first thing you need to open a brokerage account and make it cash.
• If you want to make currency transactions on their own, you can install a special a program that will keep track of fluctuations, show you the value of the dollar and the euro as a graphic arts. The program, which is called the QUIK, allows you to control all applications for the purchase and sale of currency pairs euro-ruble and the dollar-ruble, as well as their own buy and sell currencies. As already mentioned, the "BCS Broker" opening an account and install the software free of charge for customers.

  

• Buying currency through QUIK done in two clicks: you need to select interesting currency pair quotes in the table and click "Make a deal."
• A new application for the purchase, enter the price at which you want to buy the currency. In this case, you can put as already offered on the stock exchange price, and the one on which you want to acquire the funds. For example, if the current price is 53.56 rubles per dollar, you can specify the price of 52.85 rubles. Then the system will wait for a "rollback" of the dollar - reducing the price to make the purchase.
• Then you need to specify the number of securities to be acquired by drawing attention to the minimum lot. Minimum lot when purchasing through the "BCS Broker" is 1 000 dollars, so if you put a number 1, will gain 1000 dollars, and if 10 - 10 000 dollars. This should be taken into account when completing the application.
• After filling the cells the quantity and price can only click "Yes". As a result, you will gain currency, if installed on the current stock exchange price of the sale, or your the application will appear in the list of applications for the purchase and the deal is when you reach the desired currency value.

  

• If there are problems with using the program, you can monitor the exchange rate of the currency and to give instructions to a broker to purchase by telephone.
• After the purchase currency, you can submit an instruction for withdrawal of funds independently through the Internet and by phone through a broker. When you open a brokerage account in the company "BCS" you get access to the personal account through which you can manage your accounts and finances. If you do not want to display the currency, it remains on the account as the currency position, it can be used to buy rubles with a sharp change of course.

Purchase and sale of foreign currency directly through the stock exchange does not take more than a minute, as opposed to buying the bank, which is not always possible to buy a large amount of money without a reservation.

How to learn to profitably sell or buy the currency

If you want to understand all the intricacies of currency trading at the stock exchange, pass training in the portal "investments 101». Training on "Investing 101" is free of charge online. The course consists of teaching and practical units, which allows practice in the conduct of foreign exchange transactions. Experts portal is traders and analysts say the company "BCS". Registration on the site is within a couple of minutes.

Lessons financial literacy to "BCS"

broking services are provided by LLC "BCS", License number 154-04434-100000 from 10.01.2001 to conduct brokerage activities. Issued by the FSFM. Without expiry dates.
Rightholder ITS QUIK - CJSC "ARKA Technologies."