Where can you buy currency without commission and at a favorable rate, euro, dollar, Chinese yuan
Due to the huge demand for foreign currencies, the Bank of Russia was forced to introduce a commission on purchases; from March 3, 2022, the commission amount was 30%; on March 4, it was decided to reduce the rate to 12% of the exchange amount.
That is, now when exchanging Russian rubles for American dollars at the rate of 110, you will also need to pay 12% to the state.
As a result, the dollar purchase price will become equal to 110 * 1.12 = 123.20 rubles per 1 US dollar.
For this reason, many people ask the question – Where can you buy currency without bank commission? It turns out that such a possibility really exists and it is as simple as possible to implement it.
How to buy currency without commission through international brokerage companies
Since almost all international stock brokers are not residents of the Russian Federation, they are not required to charge commissions on currency exchange transactions.
And when rubles are transferred to your account, they are automatically changed to the currency of your choice at the exchange rate:
Using the example of the international broker RoboForex, it is clear that the company’s internal exchange rate is no different from the exchange rate:
Once you have funded your account, you have the option to make stock trades or simply leave the money in the account and withdraw it when you need it.
What currency can you buy without commission when replenishing your account at RoboForex :
Both traditional currencies are available - euro, US dollar, Chinese yuan, as well as cryptocurrencies - Bitcoin, Ethereum, and gold.
In fact, you invest in the currency, cryptocurrency or precious metal you need, thereby protecting your savings from inflation. In this case, you do not need to keep cash at home and you can instantly convert from one hard currency to another or to precious metal.
You also have the opportunity to make exchange transactions in securities, futures or other assets.
To get started, you need to register on the website - start7.roboforex.org and go through verification, then open an account in the currency you need.
That is, in this way you can buy currency without commissions and additional payments. As for the brokerage company itself, I have been working with it for more than 10 years.