DislikedHi First of all - sorry this is not exactly relevant to the thead but I really need some advice and I can't start my own threads yet as a Junior Member. I'm not really a trader but I run an ecommerce business. I buy my products abroad and must pay in USD, my home currency is GBP. I have outgoing payments over the next 12 months of around 400-500k USD. Right now we have a very good rate on GBP/USD so I would normally do a forward contract to secure this good rate for 30-50% of my projected outgoings, so total around 200K USD. I work with 3-4 FX companies...Ignored
2. Spread for GBP/USD 1-2 pips.