Friday, December 13, 2019

Where to Get The Best USD Exchange Rates and US Dollar Rate Without Additional Charges?


USD Exchange Rate

Owing to the increasing number of Indian citizens traveling to foreign countries throughout the year, the demand for forex has gone up tremendously. But since there are numerous vendors and banks selling foreign exchange to the masses, securing the best USD exchange rate is seemingly difficult. When you avail currency conversion services online, you are not liable to pay for any hidden charges or last-minute fees except the taxes which have been approved by the government of India.

Nevertheless, it is very often seen that fraudulent money changers alter the interbank exchange rate and increase it in value by adding a certain amount, thereby creating the so-called margin rate to earn additional profit. On the other hand, legit forex marketplaces like Bookmyforex.com resort to ethical practices and provide customers with live interbank US Dollar rate without changing the values, thus offering the guaranteed best US Dollar rates for every time you place an order.

So, we will now talk about the various steps that you can take to get the best USD exchange rates without bearing any additional charges or hidden fees. So, let us proceed and begin with the article.

What can you do to secure the best USD exchange rates without bearing additional charges?

You can secure the best USD exchange rates by simply following these 3 easy steps.

1. Study the currency exchange market

Since you want to get the best exchange rates without bearing any additional charges, you should start by studying the currency exchange market. Make certain that observe and scrutinize currency trends as it will help you gain an understanding of how the market actually works. Furthermore, well-known foreign exchange platforms like Bookmyforex.com allow customers to keep a check on the live market rates that are constantly updated to ensure accuracy.

2. Make a comparison between the offerings of well-known forex vendors

After familiarizing yourself with the trends of the currency exchange market, you must make a comparison between the offerings of well-known forex card vendors to find the best exchange rates. Since comparing the offerings of different vendors can be extremely time-consuming, it is way better to select a forex platform that will automatically do the job for you. For example, Bookmyforex.com is one such platform that compares the offerings of acclaimed vendors beforehand to present lucrative currency deals before the customers.

3. Finalize your choice of online forex platform

Once you have finished your research, the last step is to finalize your choice of online forex platform. Make sure that you through all the reviews and testimonials to find out how well the forex platform has served its customers in the past. But before you arrive at a conclusive decision, see to it that you inquire about the forex platform and seek as much information as you can so as to circumvent any last-minute hassles while placing your order online. In addition to trading foreign currencies equivalent to Crores of Rupees, Bookmyforex.com has successfully fulfilled the requirements of more than 3 lakh happy customers to date. 


When it comes to converting your hard-earned Indian Rupees to US Dollar, it is of utmost importance to secure the highest exchange rates. Moreover, no one likes to squander their money on additional charges and hidden fees while purchasing foreign exchange online. For this reason, you must make an effort to do some research on your own in order to figure out which forex platform online would give you the best value for your money instantaneously. Thus, if you want to get the best USD exchange rate without bearing any additional charges, avail the top-notch currency conversion services of Bookmyforex.com without any delay.


3 comments: