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About RateAudit

This is a paid service for users on Myforexeye App. RateAudit allows guests to check forex margins/spreads on past transactions done with their banks. It is the first step in the right direction for users to verify revenue pilferage from foreign exchange transactions. Guests can check rates for Cash/Spot/Forward/Cancellationsusing RateAudit function.

  • Quick audit last 3 transactions in Myforexeye Mobile App
  • Download Audit Reports online
  • Dealing Room Assistance – Connect with Forex dealers for quick solutions
  • Complimentary 1 year subscription to Daily Research reports
  • Complimentary 1 year Opening & Closing forex rates on Myforexeye App
  • RateAudit attractively priced at Rs.4000+Taxes. Buy Online on Myforexeye App
  • Get in control of forex operations
  • Learn new concepts to manage risk, make operations efficient
  • Access curated Forex markets content

Margin Classification

INTENSITY BANK SEGMENT ANALYSIS
Low Public Sector Banks/Regional Banks Cash/Tom/Spot – 10 to 20 paisa, Forwards/Bill Discounting – 10 to 100 paisa
Medium Private Sector Banks Cash/Tom/Spot – 10 to 50 paisa, Forwards/Bill Discounting – 20 to 150 paisa
High Foreign Banks Cash/Tom/Spot – 20 to 100 paisa, Forwards/Bill Discounting – 20 to 250 paisa

Product-wise Margins

MARGIN PRODUCTS
Low Cash/Tom/Spot
Medium Forwards/Plain Vanilla Options
High Structured Options/Swaps

Currency-wise Margins

MARGIN CURRENCIES
Low USD/INR
Medium EUR/INR, GBP/INR
High JPY/INR, SKK/INR, AUD/INR, CAD/INR etc