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Changing Currencies and Minimising Spread/cost

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I have $50k I would like to move from one country to another (from a fund in South Korea to a futures broker in the US).

 

What is the best way to move this? Through the bank or is should I open a forex account?

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To open a future account,u must have transfer from bank ,,wire or a check.u can not fund your account

with cash or credit card.In forex,u can use credit card to fund but can not move funds to future account like 3 months or so.Forex brokers have all this info,just check web sites.

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In practice, the broker is going to remember the source of the funds and use it as target for any transfers in the other direction ..

As well as require a bank address.

Sezor

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