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1 Level
752 Review
47 Karma

Review on currencyfreaks.com by Mike Rice

Revainrating 4 out of 5

ForecastFX provides high quality FX forecasts

The best thing I like about this service is that it's free to use, so you don't have any restrictions when using their services for your business needs.The rate they give me was correct as compared to other providers but sometimes there are lag issues which can be frustrating at times. So far everything has been good but one time we were not able to exchange our money from one account into another. This could happen if your rates change suddenly or some unexpected factor comes in between. As an eCommerce website dealing with price changes regularly, having access to reliable forex rates is essential to keep up my costs low and offer competitive prices to all customers. I like that you can get historical data for different currencies at once, which is very helpful when trying to figure out what rate will be next in line or how much your portfolio has changed over time (which helps with tax planning). It's not as easy of an interface if it were easier would make this more popular! The ability to compare rates between multiple countries/currencies without having too many tabs open makes things sooo simple!!

img 1 attached to currencyfreaks.com review by Mike Rice



Pros
  • Free
  • No limitations whatsoever regarding usage period.
  • Easy to read graphs showing current trends & historic values.
  • Great support team always willing help resolve problems quickly
Cons
  • Sometimes lags occur while making transactions.</li