RZ FOREX is one of Australia’s leading foreign exchange brokers providing clients with global payment & FX risk management services. Our team of experienced professionals have a wealth of knowledge within the international payment and foreign exchange markets. We offer a complimentary consultation to each of our clients to establish an initial framework for a more efficient and cost-effective way of managing foreign exchange transactions. We are committed to delivering strategic and cost-effective foreign exchange solutions.
A spot deal is a transaction based on the current prevailing market rate for an agreed amount of currency, the settlement date is between 1 and 2 days after the date of entering the contract.
We help you achieve target exchange rates by monitoring the market and using the overnight trading mechanisms to automatically secure your desired exchange rate if and when it becomes available.
RZ Forex is Corporate Authorised Representative (number 463693) of Ruizean Markets Pty Ltd (ACN 163 551 602) which is regulated by the Australian Securities and Investments Commission, AFSL No: 438402. RZ Forex provides a customer relationship role to clients. Ruizean Markets provides services to only ‘wholesale’ client under the Corporations Act 2001.
A forward contract is an agreement to buy or sell a fixed amount of foreign currency at an agreed rate, for a set period of time. You’ll enjoy pricing certainty by locking in a rate for future use, helping you to accurately budget, control costs and potentially protect your profit.
Options are a way for you to manage your foreign exchange risk, whether your business is large or small. Our products provide varying degrees of flexibility, participation, and protection to suit your unique circumstances, and our risk solutions experts will work with you to tailor an options strategy that meets your global payment needs.
Once your account is registered with us, you can contact your dedicated account manager directly or arrange to make payments online. Once you confirm the currency and the amount, we provide you with an exchange rate which you can instantly lock in. Once the rate is booked, we send you a confirmation email with details of your transaction. Then you tell us who you want to pay and send the funds to us by bank transfer. Once we have received your funds, we can then release the currency to your beneficiary account.
We believe in the smart & wise way to manage our business.
We apply a flexible & efficient approach to wealth growth.
Fund security is our service priority and business life line.
Spot FX: Ruizean Pty Ltd (ACN 167 543 580), trading as RZ Forex, issues spot foreign exchange contracts (Spot FX) to retail and wholesale clients, and is also registered on the remittance sector register. It does not hold its own Australian Financial Services Licence (AFSL) and its Spot FX contracts are not financial products under Australian.
FX Risk Management: Ruizean Pty Ltd is Authorized Representative (AR number 463693) of Ruizean Markets Pty Ltd (ACN 163 551 602, AFSL 438402) which issues FECs, and FX Options to wholesale clients only. If you are unsure about whether you are a wholesale client you can contact us and we can provide guidance. Ruizean Markets is registered on AUSTRAC’s remittance sector register.
General Advice: Any advice provided by Ruizean Markets or RZ Forex is general, untailored advice advice
Australian licenses only: the licence and authorisations mentioned above allow the named licensee and its representatives to provide services to people residing in Australia.