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Best Method for Trading Physical Foreign Currency for USD?
Physical fx is used for international payments or if you want to hold cash in a different currency you will have to check with your bank to see if they offer different currency accounts. There are several brokerages that offer extremely efficient conversion rates on physical fx and are able to convert difficult ones such as brazil, china, Russia....but you will have to have a destination to put these funds after they have been converted.
If you are looking to speculate on a move and don't want to worry about taking delivery then a spot fx trading account will work.