ABOUT THE AUTHOR
Bailey Schramm is a writer based out of Jackson Hole, WY, primarily covering topics and trends in financial services, business, and the blockchain. With a background covering stock market developments for a major FinTech company, she now provides SEO and content strategy services to financial service companies and tech startups.
ABOUT THE REVIEWER
Kristina Knight is a freelance writer with more than 15 years of experience writing on varied topics. Kristina’s focus for the past 10 years has been the small business, online marketing, and banking sectors, however, she keeps things interesting by writing about her experiences as an adoptive mom, parenting, and education issues. Kristina’s work has appeared with BizReport.com, NBC News, Soaps.com, DisasterNewsNetwork, and many more publications.
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Bizreport Advisor adheres to strict editorial integrity standards avoids using tertiary references. We have strict sourcing guidelines and rely on peer-reviewed studies, academic research. To ensure the accuracy of articles in Bizreport, you can read more about the editorial process here.
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Foreign currency exchange (forex) | Investor.gov. www.investor.gov. Accessed March 30, 2023. https://www.investor.gov/introduction-investing/investing-basics/glossary/foreign-currency-exchange-forex
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Fraud Advisory: Foreign Currency (Forex) Fraud | CFTC. www.cftc.gov. Accessed March 30, 2023. https://www.cftc.gov/LearnAndProtect/AdvisoriesAndArticles/fraudadv_forex.html
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International Trade Administration. Foreign Exchange Risk | International Trade Administration. www.trade.gov. Accessed March 30, 2023. https://www.trade.gov/foreign-exchange-risk
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Foreign Currency and Currency Exchange Rates | Internal Revenue Service. Irs.gov. Published 2019. Accessed March 30, 2023. https://www.irs.gov/individuals/international-taxpayers/foreign-currency-and-currency-exchange-rates
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export.gov. www.export.gov. Accessed March 30, 2023. https://www.export.gov/article2?id=Trade-Finance-Guide-Chapter-14-Foreign-Exchange-FX-Risk-Management
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Article: Four Things That Can Help Reduce Your Risk of Forex Fraud | CFTC. www.cftc.gov. Accessed March 30, 2023. https://www.cftc.gov/LearnAndProtect/AdvisoriesAndArticles/reduce_risk_of_forex_fraud.htm