Wholesale Dealing Rates
Even relatively large companies routinely use the major high street banks for their currency needs. This passive approach can prove expensive as the rates offered are often uncompetitive, delivery is slow, and the additional charges can detract substantially from the rate of return.
In addition, many of the platforms up to now have offered request-for-quote prices, which are effectively 'dead' rates.
The rates offered by 4X are obtained from global banks trading in the inter bank market. Rates are generally much tighter than clients would be able to obtain individually from their local bank.
This means that small and medium sized businesses are able to trade at rates normally reserved for large listed or Blue Chip companies.
You can make dramatic savings by dealing with 4X instead of your bank.
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