FxAuctions.com
Title
FXA World: Save money with worlds 1st peer-to-peer online currency exchange
Description
We, at fxaworld.com, have created the first foreign currency exchange system to allow individuals and groups of all sizes to exchange currencies at near inter-bank currency rates. As you can see, we are very well qualified and experienced with associations with a long established currency brokerage. As a result, we believe that FXA World.com is based on up-to-the-minute realistic thinking.
The 'Net' has changed the price-setting mechanism for all forms of commerce, including foreign exchange. Fixed pricing by large corporations such as banks is being replaced by dynamic pricing which is good news for the consumer. Buyers and sellers can be brought into direct contact with each other - peer-to-peer in fact - without the need for forex brokers. Prices are fixed by competitive bidding and, we feel that, because the cost of interaction has become so small, this system will eventually rule the marketplace.
On our four trading floors competitive bidding takes place. The seller has no control over the process and this price-setting mechanism has all the characteristics of an auction.
