The spot exchange rate refers to the current exchange rate. The forward exchange rate refers to an exchange rate that is quoted and traded today but for delivery and payment on a specific future date.
The foreign exchange market is the made up of 2 components. First the Spot rate. This is the exchange rate at the present time. The spot rate on FX changes every second and is constantly updating....
Persons interested in currency trading will want to know how to get started; find trading data; open an account; fill a trading order; view the results of a trade gain or loss.
you can see live per second exchange rates on www.transfermate.com
ive used banks and in my experience a broker is better and cheaper.
Banks are a waste of time