Do you ever think about how currency exchange can affect your financial decisions? If so a forex API maybe your solution.
With the advent of new technologies and the internet, the global foreign exchange market has become more accessible than ever before. The retail trading industry, in particular, has experienced a remarkable rise in popularity over recent years. A major factor contributing to this is that it has become easier than ever before to access foreign exchange (forex) markets via trading platforms and brokerage accounts.
Now, forex trading is all about taking calculated risks. There are no guarantees in the world of financial investments, and the same is true for foreign exchange. But, you can maximize your chances of success by utilizing good online services. These give you access to historical data, charting tools and real-time information. You have to make sure you have access to the most up-to-date information at any time. Obviously because you can make better decisions based on current conditions. And you need fast access too. We know that currency markets change quickly, and any lag will cost you money.
Well, a forex API gives you direct access to several benefits that are hard to reach via a traditional forex trading platform. The services provided by a forex API allows you access to multiple sources of information from the most popular forex brokers on the market. So, if you want to start using a forex API, keep reading because we know the perfect one for you.
Why you should use the Forex API Exchangr?
Exchangr is an online service that lets you determine the value of currencies anywhere in the world.
It offers the fastest and most accurate currency-exchange rates, letting both consumers and businesses make informed decisions. You can get real-time data that is updated by a variety of forex sources. Currently, it supports over 164 currencies and 8 cryptocurrencies – that’s up to 30.000 currency pairs-, providing access to update rates at a rate of your preference (from one minute to an hour). Also, you can get historical rates; use the API’s functionality to convert single amounts; switch Source Currency, and more!
No to mention that it has bank-level security. Don’t worry about anything because your connection to the Exchangr apI is encrypted using bank-grade 256- bit SSL Encryption. Safe, quick and reliable!
Go now and register here.
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Also published on Medium.