About Asha Forex

Asha International 1999 start our company establish, Our Directors Hameed meeran and Haja mohideen, We offer Forex services in Egmore,Foreign Exchange, Money Exchange & Transfer Services. Our Foreign exchange services, Western Union services, Money Exchange services, Currency Buy services and Currency Sell services are hugely appreciated by our clients as these take a lot of time and running around.

Forex services in Egmore

Forex services in Egmore

Asha International is the Sub agent for this type of transaction. Western Union Financial Services Intl.The foreign exchange market is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines the foreign exchange rate. It includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of trading volume, it is by far the largest market in the world, followed by the Credit market.

The forex services in Egmore ,which works through financial institutions, and operates on several levels. Behind the scenes, banks turn to a smaller number of financial firms known as “dealers”, who are involved in large quantities of foreign exchange trading. Most foreign exchange dealers are banks, so this behind-the-scenes market is sometimes called the “interbank market” (although a few insurance companies and other kinds of financial firms are involved). Trades between foreign exchange dealers can be very large, involving hundreds of millions of dollars. Because of the sovereignty issue when involving two currencies, Forex has little (if any) supervisory entity regulating its actions.

Its huge trading volume, representing the largest asset class in the world leading to high liquidity;
Its geographical dispersion;
Its continuous operation: 24 hours a day except weekends, i.e., trading from 22:00 GMT on Sunday (Sydney) until 22:00 GMT Friday (New York);
The variety of factors that affect exchange rates;
The low margins of relative profit compared with other markets of fixed income; and
The use of leverage to enhance profit and loss margins and with respect to account size.