Interactive FX Blog

Most Popular Times of Year to Send Money Abroad
 Interactive FX Team Interactive FX Team, 22/02/2018
There are a great number of reasons that an expat, nomad, or international traveler may need to send or be sent money across borders. At Interactive FX, we move millions each month to nearly every corner of the globe. Of course, we don’t ask our users why they need to send money to their family or friends, but by looking at the data, we’ve determined the five most popular times of year to send international transfers.   1. Christmas – It should come as no surprise th ...
Three Tips to Keep Your Online Accounts Safe
 Interactive FX Team Interactive FX Team, 20/02/2018
These days, it seems like there’s perpetually a story in the news about a site or service being hacked. From financial institutions to credit card companies to online payment processing services, keeping your accounts as safe as possible is, unfortunately, sometimes out of your hands. It’s usually the individual consumers who end up paying the price for faulty security or lackluster protocols.   At Interactive FX, we make the security of our users’ information our ve ...
What Is a P2P (Peer-to-Peer) Exchange Platform?
 Interactive FX Team Interactive FX Team, 05/02/2018
If you asked anyone at Interactive FX what we do here, the answer would be simple: We streamline the process of foreign exchange in a way that is much more cost-effective, simple, and secure than traditional routes. We do that via a peer-to-peer online market exchange place that allows private users and businesses alike to exchange and transfer funds internationally. But what exactly does that mean—particularly that phrase “peer-to-peer”? Peer-to-peer (or P2P, as it&rsquo ...
The Digital Nomad: What It Means to Work without Borders
 Interactive FX Team Interactive FX Team, 05/02/2018
Perhaps you’ve heard about the new lifestyle trend that has emerged in the twenty-first century. It goes by a few different terms, but it’s generally known as being a “digital nomad,” which refers to someone who uses the advantage of technology to work in a borderless world.   Digital nomads can be full-time or part-time remote employees or contract freelancers, but the thing they share in common is that they are able to perform their work from anywhere that ha ...
Good Reasons to Use Interactive FX
 Interactive FX Team Interactive FX Team, 30/01/2018
Interactive FX was founded on one clear and simple goal: we wanted to streamline the method of transferring funds internationally and put the power to control rates back into the hands of the consumer. In a system that has become burdened with issues of hidden fees and high barriers to entry, the digital age has afforded us the opportunity to bring about real change through our online money transfer services. Though still a relatively young company, Interactive FX moves millions every month a ...
The Importance of Real-Time Conversion Rates
 Interactive FX Team Interactive FX Team, 18/01/2018
When you’re exchanging currency, you want to know that you’re getting the best exchange rate possible, which is usually the rate at which financial institutions are currently exchanging foreign currencies with one another (also known as the interbank rate). There are a number of tools online where you can find up-to-the-minute conversion rates, such as www.inte-data.com or www.xe.com , but the surprising truth is that most customers don’t take the few min ...
Legal Tender vs. Cryptocurrency
 Interactive FX Team Interactive FX Team, 18/01/2018
Unless you’ve been living under a rock for the past two years, you’ve likely heard the term “cryptocurrency” at some point—or, at the very least, heard someone talk about “bitcoin,” the strange digital currency that exploded in value in 2017 (and then plummeted in early 2018). But what exactly is cryptocurrency?   In order to accurate explore this concept, first we’d have to establish the difference between centralized and decentralized ...