Trusted Customer Feedback
At Forexblues we are a selected group of professionals with vast knowledge and experience in Trade & Forex, Foreign Exchange Services, Supply chain & logistics, Freight forwarding, Customs, Shipping Documentations, Schemes & Licenses and more to name few.
Having a vast experience in the above fields working in various industries we came across certain difficulties faced by the exporters and importers. Some of them like transparent booking of Forex while making remittances with their respective banks, difficulties in getting freight rates, logistics services and warehousing facilities within short time period at various locations.
Here at Forexblues we have tried to solve all these problem of the exporter and importers specially by providing all services under one umbrella.
We can help our clients in booking the forex for their remittances with at most transparency and accuracy. We are having the various software and system i place to do all these services.
'Timing the Forex' and giving suggestions to the clients to book their rates for remittances Inward or Outward is the most popular and sort after services at forexblues.
Transaction Process Outsourcing (TPO) service is the second most preferred services whereby we help the clients to save their money by first booking the forex with their respective banks with at most transparency and secondly covering forex at the best given rate at the accurate time in a days fluctuation.
For example: If USD fluctuates in a day range from 64.50 to 64.88 , then we try to cover rates for exporter at around 64.85 approx. and for importer 64.55 approx. Thus giving a margin saving or income of around 30 paise to both. We have made expertise at this TPO service at a longer period of time with experience.
"Transparency" in all the services is our Unique Selling Proposition (USP).
We try our best to give you accurate information, news and data to bring transparency in between client , vendors & company relationship.
Anyone can avail the ForexBlues services by registering himself/herself through Sign Up forms. Initially we provide FREE 15 days subscription (Demo service) in your login account, to understand our product and services, especially the various aspects of our online forex advisory services.
After using the demo service, user will able to understand the benefits of being associated with ForexBlues.
Once 15 days Subscription is over, user are requested to upgrade towards the paid account as per the user requirement. The paid plans are non-refundable and no money back guarantee is given, once the users have paid the amount.
We will give access of all other product & services once the user will become our paid registered member for online forex Advisory Services, except the Transaction Process Outsourcing - TPO Services.
To avail the TPO services user has to pay separately time to time as per the current plan.
Our unique online advisory services is the first of its kind in the world where we provide our customers an instant advise to Sell or Buy USD/INR currency on Spot rates. We try to maintain utmost transparency while suggesting our clients irrespective of their profile. The client needs to simply Login into their account webpage and enter the amount of USD transaction they want to remit or exchange through their respective banks and click on to SELL or BUY function to get and know our advises on current SPOT market.
The rates and quotes given by vendors are their independent quotes and forexblues does not hold any bearings or liabilities of it. We even do not share or take away any profit out of the rates quoted to the clients through the vendors registered with us.
We neither suggest any vendor’s name to the clients to take service with in particular nor do we try to favour any vendor registered with us in any form. forexblues maintain full transparency here
We even suggest our clients that before taking the service of any one vendor for any of the product or services they must know the vendor first and be well informed about its reputation, services and other business aspects then only get into the business.
Forexblues will not hold any liability of any loss arising out of due to the vendors fault of any kind with whom they are getting into the business.
Any Individual Like NRI , money changer, exporter or even companies whosoever wants to Sell foreign currency USD and convert it into INR in the bank etc. will click on SELL button option to know the market trend of demand supply of US dollar and get our suggestions about the prediction of US dollar of increase/decrease in near future in hourly & weekly terms.
Similarly, anyone like importers, foreign education students, money changers & NRI etc to name few who wants to BUY foreign currency USD and send it their traders & suppliers for example a supplier in china will click on BUY button option to know the market trend of demand supply of US dollar and get our suggestions about the prediction of US dollar of increase/decrease in near future in hourly & weekly terms.
Once the customer enters the USD amount in the calculator, then they can choose among Sell or Buy option according to their requirement. Here forexblues try to calculate and analyse the demand and supply of US dollars and able to suggest the increase or decrease (i.e Freeze Rate / Hold Booking) in the rates of USD/INR based on that analysis of the market in the given time.
Case A – For Exporters or Anyone converting USD to INR i.e Selling
Freeze Rate : Here we suggests that the USD/INR rate is going to fall based on less & falling demand of US dollars in the market/banks or Increase in Supply of US Dollars in the market/bank.
Hold Booking : When the USD/INR rate is going to increase based on more & higher demand of US dollars in the market/banks or decrease in Supply of US dollars in the market/bank.
Case B – For Importers or Anyone converting INR to USD i.e Buying
Freeze Rate : Here we suggests that the USD/INR rate is going to increase based on high & increasing demand of US dollars in the market/banks or reduced Supply of US Dollars in the market/bank.
Hold Booking : When the USD/INR rate is going to decreased based on less & reduced demand of US dollars in the market/banks or increase in Supply of US dollars in the market/bank.
In Simple terms the concept of demand and Supply goes Vice-versa in opposite direction for Exporters & Importers or Seller & Buyer.
A team of experts into forex research and analysis does round the clock monitoring of the technical and fundamental news in the market across the globe. They keep a hawk eye over the various news of micro and macro level not only in India but the global news which helps us to determine the future level of USD/INR pair of currency and its movement to a far greater extent.
However although having a team of experts to analyze this we never claim to give more than 70-80 percent accurate suggestions in our Weekly or Daily technical view or suggestions as the forex market is extremely volatile and can be affected by news from across the globe within hours.
Suggestion box shows the suggestions to the Buyer/Seller of changes on spot rate of USD/INR in limited section of time to Hold Booking or Freeze Rate. This also shows how much a customer can save per USD.
These rates are suggestive only and totally depend on the customer’s sole discretion to follow the suggestion or not
Forexblues also manages a “ForexBlues Suggestions” box where we try to inform our customer’s of our analysis made in a day at the given time and how much money we have been able to save to our clients with those suggestions. Also it’s a kind of proving of our forex analysis and the claims made by us of helping customers in saving their money.
Till date the smaller business fraternity, entrepreneurs, individuals and NRI clients did not have the treasury like facility and guidance given to them to save their hard earned money to safe guard themselves to foreign currency volatility and fluctuations.
At ForexBlues, we try our best to provide you this treasury like guidance facility and assure 80-90 times of helping you to earn, save money & live better by saving at least 20 paise to a rupee (Rs.1/-) per dollar transactions in a day or two while you make your remittances inward or outward.
For example: If USD fluctuates in a day range from 64.50 to 64.88 , then we try to cover rates for exporter at around 64.85 approx. and for importer 64.55 approx. Thus giving a margin saving or income of around 30 paise to both.
We hope these savings in foreign exchange will bring cheer and smile to the face of our clients and satisfaction to us proving our dedication towards the goal & services.