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Currency Exchange Brokers - Private Clients

Below you will find an easy-to-use list of Foreign Currency Exchange providers. These companies are specialists in currency exchange and will be able to offer you a far superior exchange rate than a regular bank.

When looking for a Foreign Exchange service from our list, check what percentage the margin is, as this can vary slightly between providers. Some may set a minimum limit and will charge a fee if the amount you wish to transfer is below this (for example, the minimum transfer amount free of charge may be £1,000).

The great thing about using a foreign exchange broker is that you will be assigned a dedicated broker who will personally work with you. They will be able to offer you their expertise of the currency market and offer you support and advice whenever you need it. Foreign Exchange Brokers offer a fully automated service that is easy to use and convenient. It is important that you take the time to find the foreign exchange broker that best suits you and your exchange needs.

Whether you are making a one off international money transfer or regular overseas payments a foreign exchange broker is likely to be able to get you a far better rate in comparison to your bank or standard transfer service. They will tailor the transfer to your needs and you will never have to speak to a call centre but will always speak to your personal broker.

Need Help? If you would like further information and wish to speak to someone: Contact Us >>

COMPANYSPREADFEESFSAHM REV & CUSTTRANSFER METHODSMINCCYACCOUNTSAPPLY

World First
World First

0.1-0.7%£0 above £5000, £15 fee under £5000YesYesUK bank to foreign bank or vice versa£100047

Currencies

1. United Kingdom GBP Pounds
2. United Arab Emirates AED Dirhams
3. Australia AUD Dollars
4. Barbados BBD Dollars
5. Bahrain BHD Dinars
6. Botswana BWP Pulas
7. Canada CAD Dollars
8. Switzerland CHF Francs
9. Czech Republic CZK Koruny
10. Denmark DKK Kroner
11. Estonia EEK Krooni
12. Egypt EGP Pounds
13. Euro Member Countries EUR Euro
14. Fiji FJD Dollars
15. Hong Kong HKD Dollars
16. Hungary HUF Forint
17. Israel ILS New Shekels
18. India INR Rupees
19. Jamaica JMD Dollars
20. Jordan JOD Dinars
21. Japan JPY Yen
22. Kenya KES Shillings
23. Lithuania LTL Litai
24. Latvia LVL Lati
25. Morocco MAD
26. Mauritius MUR Rupees
27. Mexico MXN Pesos
28. Norway NOK Krone
29. New Zealand NZD Dollars
30. Oman OMR Rials
31. Pakistan PKR Rupees
32. Poland PLN Zlotych
33. Qatar QAR Rials
34. Saudi Arabia SAR Riyals
35. Sweden SEK Kronor
36. Singapore SGD Dollars
37. Slovakia SKK Koruny
38. Thailand THB Baht
39. Tunisia TND Dinars
40. Turkey TRY New Lira
41. Trinidad and Tobago TTD Dollars
42. Tanzania TZS Shillings
43. United States of America USD Dollars
44. East Caribbean XCD Dollars
45. South Africa ZAR Rand
46. Croatia HRK Kuna
47. Kuwait KWD Dinar

 HSBC Trust AccountsWorld First
World First is the UK's leading foreign currency exchange broker, offering private individuals and companies the ability to achieve significantly better foreign currency exchange rates with exceptional levels of service. They are headquartered in London with offices in Australia and New Zealand. World First was the first foreign exchange broker FSA authorised to offer 'currency options' (hedging strategies). Click apply for the application form.Services

Services

1. Regular Payments.
2. Forward Contacts.
3. Spot Contracts.
4. Stop Loss Orders.
5. Limit Orders.
6. Hedging strategies.
7. Currency Options.


Advantages

Advantages

1. Margin 0.25%-1% from spot rate guaranteed
2. Compared with banks, our rates can usually save you between 0.5% and 3% of the amount transacted ie up to £6000 on a £200000 transfer.
3. We keep you in touch with the status of your transfer and notify you at every stage of the process.
4. We can offer you forward contracts and other hedging options to protect you from currency movements and to fix the exchange rate for a transaction up to 2 years in the future.
5. Minimum one-off transfer £1000.
6. Minimum regular transfer £250.
7. No commission and no transfer fees for amounts over £5000.


Disadvantages

Disadvantages

1. We will need to undertake an ID / company check as part of the account opening process for both private and corporate clients respectively.
2. Your bank may charge you to transfer your funds to us, although the saving you will receive from using us will more than negate this.
3. £15 Fee for transfers less than £5000.

International Foreign Exchange
International Foreign Exchange

0.1-0.9%£0 above £1000YesYesUK bank to foreign bank or vice versa.£100050

Currencies

1. Bahrain BHD Dinars.
2. Botswana BWP Pulas.
3. Bulgaria BGN Leva.
4. Croatia HRK Kuna.
5. Czech Republic CZK Koruny.
6. Ecuador USD US Dollar.
7. Egypt EGP Pound.
8. Estonia EEK Krooni.
9. Euro EUR.
10. Fiji FJD Dollars.
11. Ghana GHS Cedi.
12. Hong Kong HKD Hong Kong Dollar.
13. Hungary HUF Forints.
14. India INR Rupee.
15. Israel ILS New Shekels.
16. Jordan JOD Dinars.
17. Kazakhstan KZT Tenge.
18. Kenya KES Shilling.
19. Kuwait KWD Dinars.
20. Latvia LVL Lati.
21. Lesotho LSL Maloti.
22. Lithuania LTL Litai.
23. Madagascar MGA Ariary.
24. Malawi MWK Kwacha.
25. Mexico MXN Pesos.
26. Morocco MAD Dirhams.
27. Nigeria NGN Nairas.
28. Oman OMR Rials.
29. Pakistan PKR Rupee.
30. Philippines PHP Peso.
31. Poland PLN Zloty.
32. Qatar QAR Rials.
33. Romania RON New Lei.
34. Russia RUB Rubles.
35. Saudi Arabia SAR Riyals.
36. Serbia RSD Dinars.
37. Singapore SGD Dollars.
38. Slovakia SKK Koruny.
39. South Africa ZAR Rand.
40. Sri Lanka LKR Rupee.
41. Switzerland CHF Swiss Franc.
42. Tanzania TZS Shilling.
43. Thailand THB Baht.
44. Tunisia TND Dinars.
45. Turkey TRY New Lira.
46. UAE AED Dirhams.
47. USD USD Dollars.
48. Uganda UGX New Shilling.
49. Zambia ZMK Kwacha.
50. Zimbabwe ZWD Zimbabwe Dollars.

 BARCLAYS Trust AccountsInternational Foreign Exchange
International Foreign Exchange (IFX) is a leading FSA regulated foreign exchange specialist providing expert and highly cost-effective foreign currency exchange and money transfer services, helping its clients reduce the risk from currency fluctuations. Based in Mayfair, London IFX offers a proactive service working with clients to achieve the maximum rate of exchange within their timescales. Click apply for the application form.Services

Services

1. Regular Payments.
2. Forward Contract.
3. Spot Contracts.
4. Limit Orders.
5. Stop Loss.


Advantages

Advantages

1. Fixed margin between 0.1%-0.9% depending on size of transaction.
2. Large buyers of currency which enables us to achieve tighter rates from our bank.
3. One point of contact throughout your transaction process keeping you informed of market. movements and working with you to achieve the maximum rate within your timescales.
4. Prepaid currency card available to all IFX customers.
5. Free registration with no obligation to trade.
6. Able to offer no receiving bank charges
7. All client funds are held in a segregated account with our banking partner Barclays.
8. Daily market reports available on request.


Disadvantages

Disadvantages

1. Longer registration process no non UK residents.

Currencies Direct
Currencies Direct

0.2-1%£0YesYesUK Bank to Foreign Bank or vice versa£100038

Currencies

1. United Arab Emirates, Dirhams AED AED
2. Australia, Dollars AUD AUD
3. Bulgarian Lev BGL BGL
4. Canada, Dollars CAD CAD
5. Switzerland, Francs CHF CHF
6. Czech Republic, Koruny CZK CZK
7. Denmark, Kroner DKK DKK
8. Euro Member Countries, Euro EUR EUR
9. United Kingdom, Pounds GBP GBP
10. Hong Kong, Dollars HKD HKD
11. Hungary, Forint HUF HUF
12. Indonesian rupiah IDR IDR
13. Israel, New Shekels ILS ILS
14. India, Rupees INR INR
15. Japan, Yen JPY JPY
16. Kuwaiti dinar KWD KWD
17. Morocco, Dirhams MAD MAD 
18. Mauritius, Rupees MUR MUR
19. Norway, Krone NOK NOK
20. New Zealand, Dollars NZD NZD
21. Oman, Rials OMR OMR
22. Pakistan, Rupees PLZ PLZ
23. Qatar, Rials QAR QAR
24. Romanian lei RON RON
25. Saudi Arabia, Riyals SAR SAR
26. Sweden, Kronor SEK SEK
27. Singapore, Dollars SGD SGD
28. Slovakia, Koruny SKK SKK
29. Thailand, Baht THB THB
30. Tunisia, Dinars TND TND
31. United States of America, Dollars USD USD
32. South Africa, Rand ZAR ZAR

HSBC Trust AccountsCurrencies Direct
Currencies Direct was the original pioneer of the non-bank foreign exchange market and is now firmly established as one of the UK's leading foreign exchange providers. With over 80,000 registered clients we are trusted to send £bn's overseas each year. Core to our business is the ability to offer private and corporate client's exceptional currency rates that banks rarely beat. Read the terms and conditions carefully before applying.Services

Services

1. Regular Payments.
2. Forward Contacts.
3. Spot Contracts.
4. Stop Loss Orders.
5. Limit Orders.


Advantages

Advantages

1. Free to open an account which can be ready to trade within hours
2. Guarantee the rate you receive is within 0.2%-1% of the live interbank spot rate.
3. Can generate a cost saving of between 0.5% to 4% when compared to a high street bank. This is equivalent to a maximum saving of £4,000 on a £100,000 transaction.
4. Currencies Direct charges no commission and no transaction costs
5. We can reduce your currency risk by offering forward contracts to help set the rate for your future transaction
6. We will keep you informed at all stages of the payment process and provide a more efficient service than your bank
7. All client funds are secure as they are held in segregated client accounts by our banking partner HSBC
8. Currencies Direct is a UK registered Ltd company (Reg No.: 3041197) and operates under the regulation of HM Customs & Excise, adhering to their Anti-Money Laundering Regulations (MLR No.: 12132225)


Disadvantages

Disadvantages

1. You will undergo an ID check as part of the account opening process which for non-UK residents will require additional identification documents to be submitted.

Halo Financial
Halo Financial

0.7%£15 under £5000, £5 per regular paymentYesYesUK banks to foreign bank, foreign bank to foreign bank.£100031

Currencies

1. AED - AED United Arab Emirates, Dirhams
2. AUD - AUD Australia, Dollars
3. BHD - BHD Bahrain, Dinars
4. CAD - CAD Canada, Dollars
5. CHF - CHF Switzerland, Francs
6. CZK - CZK Czech Republic, Koruny
7. DKK - DKK Denmark, Kroner
8. EGP - EGP Egypt, Pounds
9. EUR - EUR Euro Member Countries, Euro
10. FJD - FJD Fiji dollar
11. GBP - GBP United Kingdom, Pounds
12. HKD - HKD Hong Kong, Dollars
13. HRK - HRK Croatian Kuna
14. HUF - HUF Hungary, Forint
15. ILS - ILS Israel, New Shekels
16. INR - INR  India, Rupees
17. JPY - JPY Japan, Yen
18. KWD - KWD Kuwaiti dinar 
19. MAD - MAD Morocco, Dirhams
20. MUR - MUR Mauritius, Rupees
21. NOK - NOK Norwegian, Kroner
22. NZD - NZD New Zealand, Dollars
23. PLN - PLN Poland, Zlotych
24. SAR - SAR Saudi Arabia, Riyals
25. SEK - SEK Sweden, Kronor
26. SGD - SGD  Singapore, Dollars
27. SKK - SKK Slovak koruna
28. THB - THB Thailand, Baht
29. TRY - TRY Turkey, New Lira
30. USD - USD United States of America, Dollars
31. ZAR - ZAR South Africa, Rand

BARCLAYS Trust AccountsHalo Financial
Halo Financial, a UK based foreign currency exchange broker, has developed a reputation for delivering excellent value and valued expertise in the provision of foreign currency services. They are regularly interviewed on financial television channels such as Bloomberg and CNBC and are entrusted to manage the currency requirements of private individuals as well as international businesses.Read the terms and conditions carefully before applying.Services

Services

1. Spot Contracts.
2. Forward Contracts.
3. Regular Currency Transfers.
4. Automated Currency Orders.


Advantages

Advantages

1. Market leading exchange rates: On a direct price check using Halo Financial could help you save up to 4% compared to using you Bank!
2. A single point of contact: in an era of call centers, what a refreshing change it is to know that you can rely on your own currency dealer to provide you with a personal, friendly and trusting service.
3. No commission charges: contrary to most banks all Halo Financial transfers are commission free!
4. Fast onward payments: we will transfer funds by priority electronic payment which should ensure most transfers will be credited the very same day!
5. Excellent service: their professionalism ensures you derive the maximum benefit from all your currency transactions with minimum hassle.
6. Regular currency updates: subscribe to daily or weekly currency insight for the market news that affects you.
7. 24 hour monitoring of exchange rates: a proactive service which will provide the opportunity to buy or sell currency around the clock.
8. Appropriate risk management strategies to improve your currency transaction: your dealer will explain the different options available to cut your risk and improve your exchange rates.
9. Proactive account management with relevant market news: your dealer will keep you regularly updated of any currency movements which could affect your international investment.


Disadvantages

Disadvantages

1. Transfer fee £15 for lump sum transfers under £5,000, £5 for Regular Currency Transfer.!
2. Opening a trading facility when residing abroad is more exhaustive. Under international regulations additional identification documents will usually be required.!
3. Based only in the UK.!

VFX Financial PLC
VFX Financial PLC

0.1-1%£0 above £1000YesYesEurope & US same day, rest of the world 24 to 48 hours£250035

Currencies

1.Europe Eur Euro
2.UK GBP British Pound
3.USA USD United States Dollar
4.South Africa ZAR South African Rand
5.UAE AED UAE Dirham
6.Australia AUD Australian Dollar
7.Bahrain BHD Bahrain Dollar
8.Bulgaria BGN Bulgarian Lev
9.Canada CAD Canadian Dollar
10.Switzerland CHF Swiss Franc
12.Czech Republic CZK Czech Koruna
13.Denmark DKK Danish Kroner
14.Hong Kong HKD Hong Kong Dollar
15.Hungary HUF Hungarian Forint
16.Israel ILS Israeli Shekel
17.India INR Indian Rupee
18.Iceland ISK Icelandic Krona
19.Japan JPY Japanese Yen
20.Morocco MAD Moroccan Dirham
21.Norway NOK Norwegian Kroner
22.New Zealand NZD New Zealand Dollar
23.Oman OMR Omani Rial
24.Poland PLN Polish Zloty
25.Sweden SEK Swedish Krona
26.Singapore SGD Singapore Dollar
27.Thailand THB Thai Baht
28.Turkey TRY Turkish Lira
29.Malta MTL Maltese Lira
30.Slovenia SIT Slovenian Tolar
31.Estonia EEK Estonian Kroon
32.Mexico MXN Mexican Peso
33.Mauritius MUR Mauritian Rupee
34.Tunisia TAD Tunisian Dinar
35.Quatar QAR Quatar Riyal

 RBS Trust AccountsVFX Financial PLC
VFX Financial PLC is a leading money transfer and foreign currency broker, helping our clients transfer their money efficiently and safely. Whether a business covering its exposure, an individual buying a home overseas, families emigrating to a new country or simply wanting to transfer your money abroad VFX Financial PLC can help you. Always read the terms and conditions! For further information or to make an application click on the "apply" tab.Services

Services

1. Regular Payments.
2. Forward Contacts.
3. Spot Contracts.
4. Stop Loss Orders.
5. Limit Orders.


Advantages

Advantages

1. Open an account online free of charge with no obligation to trade
2. Free transfers and no commission charges
3. Purchase and make transfers online
4. Transfer confirmations emailed directly to you
5. Highly competitive exchange rates
6. Regulated by the Financial Services Authority (FSA).


Disadvantages

Disadvantages

1. £2,500 minimum trade

Moneycorp
Moneycorp

0.25-1%£0 above £1000YesYesInternational Transfers£100076

Currencies

1. Australia AUD Australian Dollar
2. Bahamas BSD Bahamas Dollar
3. Bahrain BHD Bahrain Dinar
4. Barbados BBD Barbados Dollar
5. Belize BZD Belize Dollar
6. Bermuda BMD Bermudian Dollar
7. Botswana BWP Botswana Pula
8. Brazil BRL Brazilian Real
9. Brunei BND Brunei Dollar
10. Canada CAD Canadian Dollar
11. Cayman Islands KYD Cayman Dollar
12. Croatia HRk Croatian Kuna
13. Cyprus CYP Cyprus Pounds
14. Czech Republic CZK Czech Republic Koruna
15. Denmark DKK Danish Kroner
16. East Caribbean XCD East Caribbean Dollar
17. Estonia EEK Estonia Kroon
18. Eurozone Countries EUR Euro
19. Fiji FJD Fiji Dollar
20. Guyana GYD Guyana Dollar
21. Hone Kong HKD Hong Kong Dollar
22. Hungary HUF Hungarian Forint
23. Iceland ISK Icelandic Krona
24. Israel ILS Israeli Shekel
25. Jamaica JMD Jamaican Dollar
26. Japan JPY Japanese Yen
27. Jordan JOD Jordanian Dinar
28. Kenya KES Kenyan Shilling
29. Kuwaiti KWD Kuwaiti Dinar
30. Latvia LVL Latvian Lats
31. Lithuania LTL Lithuanian Litas
32. Maltese MTL Maltese Lira
33. Mauritius MUR Mauritius Rupee
34. Mexico MXN Mexican Peso
35. Morocco MAD Moroccan Dirham
36. Namibia NAD Namibia Dollar
37. Netherlands ANG Nethln Antil Guilders
38. New Zealand NZD New Zealand Dollar
39. Norway NNOK Norwegian Kroner
40. Oman OMR Omani Rial
41. Peru PEN Peruvian Nuevo Sol
42. Poland PLN Polish Zloty
43. Qatar QAR Qatar Riyal
44. Romania RON Romanian Lei
45. Saudi Arabia SAR Saudi Arabian Riyal
46. Singapore SGD Singapore Dollar
47. Slovakia SKK Slovakia Koruna
48. South Africa ZAR South African Rand
49. Sweden SEK Swedish Krona
50. Switzerland CHF Swiss Franc
51. Thailand THB Thai Baht
52. Trinidad TTD Trinidad & Tobago Dollar
53. Tunisia TND Tunisian Dinar
54. Turkey TRY Turkish Lira
55. United Arab Emirates AED UAE Dirham
56. United States USD Us Dollar
57. Uruguay UYP Uruguay Peso Currencies Moneycorp Only Sell
58. Algeria DZD Algerian Dinar
59. Egypt EGP Egyptian Pound
60. Ghana GHC Ghana Cedi
61. India INR Indian Rupee
62. Indonesia IDR Indonesian Rupiah
63. Kazakhstan KZT Kazakhstan Tenge
64. Malawi MWK Malawi Kwacha
65. Mazau PatacaMOP Macau Pataca
66. Nepalese NPR Nepalese Rupee
67. Nigeria NGN Nigerian Naira
68. Papua New Guinea PGK Papua New Guinea Kinar
69. Parkistan PKR Pakistani Rupee
70. Philippine Peso PHP Philippine Peso
71. Russia RUB Russian Ruble
72. Seychelles SCR Seychelles Rupee
73. Sri Lanka LKR Sri Lankan Rupee
74. Tanzania TZS Tanzanian Shilling
75. Uganda UGX Ugandan Shilling
76. Zambia ZMK Zambian Kwacha

HSBC Trust AccountsMoneycorp
Moneycorp is a foreign exchange and international payments specialist. They will monitor the foreign currency markets on your behalf – achieving the best possible rates of foreign exchange, no matter how complex your requirements. Moneycorp offer free information and guidance on the markets, helping you decide on the best time to buy your currency. or further information or to make an application click on the "apply" tab.Services

Services

1. Regular Payments.
2. Forward Contacts.
3. Spot Contracts.
4. Stop Loss Orders.
5. Limit Orders.
6. Hedging strategies.
7. Currency Options.


Advantages

Advantages

1. Their market expertise will get you the best exchange rate available, saving you money.
2. They can fix an exchange rate that will be valid up to two years, so you will know exactly how much foreign currency you will receive
3. Extended trading hours: 7:30am to 10:30pm Monday to Friday and 10:00am to 4:00pm on Saturdays.
4. You will have no commission charges or receiving bank fees to pay
5. Moneycorp has been trading currencies since 1979, has been certified to ISO 9000 Quality Assurance since 1996 and last year traded over £11 billion in currencies.
6. The security of having The Royal Bank of Scotland (RBS) as a significant shareholder in the Company.
7. Moneycorp is a member of SWIFT (Society for World-wide Interbank Financial Telecommunications), the global platform for instant wiring of domestic and international money transfers. This provides you with increased speed and efficiency as well as more control over your transfers.
8. There is no cost and no obligation in opening a Trading Facility.
9. They offer a Regular Payment Plan (RPP) service to manage your regular overseas transfers, the minimum monthly amount that you can send is £250.
10. Moneycorp's flexibility means they can tailor their services to meet any foreign exchange requirement.


Disadvantages

Disadvantages

1. Minimum volume is £1000 on one off transfers

Smart Currency Exchange
Smart Currency Exchange

0.1-1%£0 above £3000YesYesUK Bank to Foreign Bank or anything else£50027

Currencies

1.  AED United Arabic Dirham
2.  AUS$ Australian Dollar
3.  BGN Bulgarian Lev
4.  CAD Canadian Dollar
5.  CHF Swiss Francs
6.  CZK Czech Krona
7.  DKK Danish Krona
8.  EEK Estonian Krona
9.  EUR Euro
10. HKD Hong Kong Dollar
11. HUF Hungarian Forint
12. INR Indian Rupee
13. JPY Japanese Yen
14. LTL Lithuanian Lita
15. LVL Latvian Lita
16. MAD Morrocan Dinar
17. NOK Norwegian Krona
18. NZD New Zealand Dollar
19. PHP Phillippine Peso
20. PLN Polish Zloty
21. RON Romanian Lei
22. SEK Swedish Krona
23. SGD Singapore Dollar
24. THB Thai Baht
25. TRY New Turkish Lira
26. USD American Dollar
27. ZAR/Rand South African Rand

BANK OF IRELAND Trust AccountsSmart Currency Exchange
Smart is the only UK foreign currency exchange that doesn't pay traders any commission. Smart is therefore able to offer good customer service, avoid a conflict of interest, and give bank-beating foreign exchange rates to clients. Smart has been in business for 5 years and have gone from strength to strength delivering excellent service, minimising hassle from money transfers and currency fluctuations. Read the terms and conditions carefully!Services

Services

Spot Contract – buy a currency at today’s rate and pay for it within next two days. This option is available for all amounts, regular payments and one off payments.
Forward Contract – buy a currency at today’s rate and pay for it later. This option is available for larger amounts, regular payments and one off payments.
Rate Watch – your personal trader will watch the market for you and contact you when the market reaches the desired rate. This option is available only for larger amounts (+£20,000)
Order To Buy – your personal trader will buy a currency for you as soon as the market reaches the desired rate. This option is available only for larger amounts (+£50,000)
Regular Payments – majority of our clients are benefiting from better rates and make regular transfers. For regular payments such as salary, mortgage and pension we can fix a rate for up to a year guaranteeing the same amount of money every month.


Advantages

Advantages

1. Save Money – on every international transaction you can save money by speaking with Smart’s experienced traders. Smart could save you up to 4% compared to your high street bank. That's £40 on every £1000 transferred or £400 on every £10,000 transferred.
2. Eliminate risks from currency fluctuations – by fixing a rate today for up to a year, you can make sure that your money won’t lose value from exchange rates movements.
3. Excellent service – all Smart employees are dedicated to deliver excellent customer service. Our no commission environment allows everybody at Smart to deliver service, rather than trying to make money for themselves.
4. Security – Smart is authorized by FSA and regulated by HM Revenue & Customs. Smart is a member of UK Money Transmitters Association. All funds are held in client accounts with our banking partner, Bank of Ireland.
5. No fees – Smart doesn't charge any fees on amounts above £3,000 (if below a fee of £5.00 applies)
6. Fast International Payments – Smart will send your money to any overseas destination within 48 hours of receiving funds.
7. Free account and use of all our currency accounts – your Smart account is free of charge and you can use it to receive payments from overseas. Therefore here is no need to have your own EURO account if you need to receive a EURO payment.
8. Free no obligation quotations – you can contact Smart and get a quotation any time. Your bank will not offer you a live rate quotation and usually direct you to their fixed tourist rate.


Disadvantages

Disadvantages

1. You can't use Credit Card to pay for your transaction.
2. We only accept Bank to Bank transfers.
3. No cash transactions.
4. £5.00 on EUR transactions below £3,000
5. £15.00 on USD transactions below £3,000

TorFX
TorFX

0.7% Max£0 above £5000YesYesUK Bank to Foreign Bank - Telegraphic Transfer / CHAPS / BACS Anywhere In The World£25068

Currencies

1. TORFX - AED AED Arab Emirate Dirham, Any Amount
2. TORFX - AUD AUD Australian Dollar, Any Amount
3. TORFX - CAD CAD Canadian Dollar, Any Amount
4. TORFX - CHF CHF Swiss Franc, Any Amount
5. TORFX - CZK CZK Czech Koruna, Any Amount
6. TORFX - DKK DKK Danish Krone, Any Amount
7. TORFX - EGP EGP Egyptian Pound, Any Amount
8. TORFX - EUR EUR Euro, Any Amount
9. TORFX - GBP GBP Sterling, Any Amount
10. TORFX - HKD HKD Hong Kong Dollar, Any Amount
11. TORFX - HUF HUF Hungarian Forint, Any Amount
12. TORFX - ILS ILS Israeli Shekel, Any Amount
13. TORFX - INR INR Indian Rupee, Any Amount
14. TORFX - JPY JPY Japanese Yen, Any Amount
15. TORFX - MAD MAD Moroccan Dirham, Any Amount
16. TORFX - NOK NOK Norwegian Krone, Any Amount
17. TORFX - NZD NZD New Zealand Dollar, Any Amount
18. TORFX - PLN PLN Polish Zloty, Any Amount
19. TORFX - SAR SAR Saudi Arabian Riyal, Any Amount
20. TORFX - SEK SEK Swedish Krone, Any Amount
21. TORFX - SGD SGD Singapore Dollar, Any Amount
22. TORFX - THB THB Thailand Baht, Any Amount
23. TORFX - TRY TRY New Turkish Lira, Any Amount
24. TORFX - USD USD US Dollar, Any Amount
25. TORFX - ZAR ZAR South African Rand, Any Amount
26. TORFX - ANG ANG Antilles Guilder - Min £25,000+
27. TORFX - BBD BBD Barbados Dollar - Min £25,000+
28. TORFX - BHD BHD Bahrain Dinar - Min £25,000+
29. TORFX - BSD BSD Bahamas Dollar - Min £25,000+
30. TORFX - BWP BWP Botswana Pula - Min £25,000+
31. TORFX - BZD BZD Belize Dollar - Min £25,000+
32. TORFX - DOP DOP Dominican Rep Peso - Min £25,000+
33. TORFX - EEK EEK Estonia Krone - Min £25,000+
34. TORFX - FJD FJD Fiji Dollar - Min £25,000+
35. TORFX - GHC GHC Ghana Cedi - Min £25,000+
36. TORFX - HRK HRK Croatian Kuna - Min £25,000+
37. TORFX - IDR IDR Indonesia Rupiah - Min £25,000+
38. TORFX - ISK ISK Icelandic Krona £25,000+
39. TORFX - JMD JMD Jamaican Dollar - Min £25,000+
40. TORFX - JOD JOD Jordanian Dinar - Min £25,000+
41. TORFX - KES KES Kenyan Shilling - Min £25,000+
42. TORFX - KRW KRW South Korean Won - Min £25,000+
43. TORFX - KWD KWD Kuwait Dinar - Min £25,000+
44. TORFX - KYD KYD Cayman Island Dollar - Min £25,000+
45. TORFX - LKR LKR Sri Lankan Rupee - Min £25,000+
46. TORFX - LSL LSL Lesotho Loti - Min £25,000+
47. TORFX - LTL LTL Lithuanian Litas - Min £25,000+
48. TORFX - LVL LVL Latvian Lev - Min £25,000+
49. TORFX - MUR MUR Mauritius Rupee - Min £25,000+
50. TORFX - MWK MWK Malawi Kwacha - Min £25,000+
51. TORFX - MXN MXN Mexican New Peso - Min £25,000+
52. TORFX - MYR MYR Malaysia Ringgit - Min £25,000+
53. TORFX - OMR OMR Omani Rial - Min £25,000+
54. TORFX - PHP PHP Phillipine Peso - Min £25,000+
55. TORFX - QAR QAR Qatar Rial - Min £25,000+
56. TORFX - RUB RUB Russian Ruble - Min £25,000+
57. TORFX - RON RON Roomanian Lei - Min £25,000+
58. TORFX - SKK SKK Slovak Crown - Min £25,000+
59. TORFX - SZL SZL Swaziland Lilangeni - Min £25,000+
60. TORFX - TND TND Tunisian Dinar - Min £25,000+
61. TORFX - TTD TTD Trinidad & Tobago Dollar - Min £25,000+
62. TORFX - TZS TZS Tanzanian Shilling - Min £25,000+
63. TORFX - TWD TWD Taiwan Dollar - Min £25,000+
64. TORFX - UGX UGX Uganda Shilling - Min £25,000+
65. TORFX - VUV VUV Vanuatu Vatu - Min £25,000+
66. TORFX - XCD XCD East Caribbean Dollar - Min £25,000+
67. TORFX - ZMK ZMK Zambian Kwacha - Min £25,000+
68. TORFX - ZWD ZWD Zimbabwe Dollar - Min £25,000+

 BARCLAYS Trust AccountsTorFX
Leaders in Foreign Exchange "Our company's mission is to provide outstanding foreign exchange rates, expert guidance and a simple, friendly service that people will want to recommend to others." TorFX is one of the UK's leading foreign currency exchange brokers, providing individuals and companies with money saving foreign exchange services. Always read the terms and conditions and click apply for the application form.Services

Services

1. Regular Payments.
2. Forward Contacts.
3. Spot Contracts.
4. Stop Loss Orders.
5. Limit Orders.


Advantages

Advantages

1. Save Money - Many individuals and businesses still use their bank for foreign exchange transactions, resulting in poor exchange rates, a lack of personal service, and a "one size fits all" approach. Due to our established relationships in the "inter-bank" foreign exchange market, TorFX is able to offer wholesale rates of exchange on transactions over £5,000. The average saving made by our clients on a transaction of £100,000, is 1.9%, or £1,900.
2. Avoid Exchange Rate Fluctuations - Because exchange rates change by the second it would be almost impossible to forecast exactly what the rate would be when your transaction is processed. You may have negotiated the best price for your purchase, but it could easily be offset by a slight change in the exchange rate. TorFX can fix the exchange rate for you for up to two years which will protect you from future rate movements, helping you stick to your budget!
3. Market Expertise - Senior dealing staff are drawn from financial market and banking backgrounds, bringing extensive knowledge of the foreign exchange markets. With MSTA qualified currency analysts on hand to discuss your transaction, and keep you informed, you can be sure that you will receive the information you need in a professional and timely manner.
4. Excellent Services - In addition to providing you with a preferential exchange rate, TorFX also offer a variety of dealing mechanisms to help you optimize your transaction. Forward contracts, limit orders and stop orders are excellent ways of ensuring that you get the most currency for your money. Our free market analysis could also give you the edge you need to secure a better rate. 
5. Security of Funds - TorFX is regulated by HM Revenue&Customs (no: 12191606), and is a member of the UK Money Transmitters Association. All client funds are held in client segregated accounts with our banking partner, Barclays Bank PLC.  
6. Personal Service - Each client is allocated their own personal account manager who will guide them through every stage of their foreign currency transaction. Our friendly dealers will keep you informed as often as you wish, by email or telephone, and will do everything possible to help you get the most from your transaction. We pride ourselves on going the extra mile, because unlike the "one size fits all" approach of the high street banks, we believe that our customers deserve a high level of service when making large currency transfers.
7. No Commission
8. Fast International Transfers - TorFX will send your currency to its destination free of charge, by TT/CHAPS. We can pay your solicitor, vendor, notary or supplier direct, saving you time and money. Our same day international payments are fast, reliable and free*. We can also provide you with an internationally recognised payment confirmation as soon as your currency has been sent.
9. Free Account Opening Facilities - Opening an account is free of charge, there is no obligation to trade, and you will not be charged any administration charges for maintaining your account.
10. No Obligation Quotations - You can get instant dealing quotes from your account manager by telephone or email. The bank will often refuse to give a live quote, or will not inform you of your exchange rate until later. Even worse, they may offer you the "tourist" rate of exchange, whereas on a large transaction, you should be offered a far better quote. TorFX provide live, transparent quotes based on the amount of currency you are sending, so you truly know where you stand, and can budget accordingly.


Disadvantages

Disadvantages

1. Amounts under £5000 will incur a transfer fee.
2. Longer account set up process if not residing in the UK.

Currency Exchange Alternative Products

Currency Exchange - Corporate Clients    Money Transfer

Compare Currency Exchange Brokers

There are many reasons why people enlist the services of currency exchange brokers. Get the best exchange rates on your currency exchange.

What is a Currency Exchange Broker?

Whatever your currency exchange needs a currency exchange broker can offer you a wide range of choices for exchanging currency fast, safely and at the best exchange rates possible. It might be that you are buying a home overseas, paying family, friends or staff abroad or you are paying for school fees in a different country.

You will work with dedicated currency experts so why not utilise their experience? Currency brokers can offer you a variety of products and services as well as invaluable advice which can save you money. Opening an account is easy and often free.

You will have to the opportunity to minimise your exposure to fluctuations in the currency market. Uncompetitive exchange rates and volatility in the currency markets can be a real problem. However, there are ways of managing this currency exposure and exchange brokers can often tailor made solutions to suit your particular needs.

Get better rates than your bank

For currency exchange brokers currency exchange is their main focus and they focus on getting clients a rate that is as close to the interbank rate as possible. You will find exchange brokers can offer far better exchange rates than your bank which can save you money. Also unlike the banks you will find there are no commission fees and heavily reduced transfer fees if at all.

Currency exchange brokers offer a fast service and you can get same-day payments unlike many banks. A many services offer an online account you are not restricted to banking hours.

Choosing an exchange service

It is important that you take the time to research the market to find the currency exchange broker that best suits you and your exchange needs. Use the comparison table above to compare some of the leading exchange brokers.

The exchange rate is obviously the most important aspect to consider but it is important that you look at all the other features involved. You should find out what transfer methods are available to you and how long transfers will take. Make sure you are aware of any fees involved.

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