foreign exchange brokers - any safeguards?

Oct 28, 2007 1 Replies

Hi all



I am considering using a foreign exchange broker to convert some foreign currency into sterling as they seem to give better rates than the high street banks. However, can anyone tell me if there are any safeguards, for example if the broker goes bust while they have my money?



thanks



Julian



None in my opinion. You make your choices and take your chances......

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