Most of the foreign exchange brokers named on our comparison table will offer you rates that are far better than traditional banks.
As these specialists transfer thousands of Pounds, Euros and Dollars every day they can offer a better exchange rate while still making a very little margin for themselves.
This service will prove particularly important when you:
• Make regular payments (Mortgage, Pension, Salary…)
• Buy a property abroad
• Invest overseas
• Emigrate
• Transfer large amounts overseas…
Compare the foreign exchange companies and apply through the request form to get the best margins or rates.
| Margin | Margin description |
FSA | HM REV & Customs |
Fee | Min | Currencies | Options | |
|---|---|---|---|---|---|---|---|---|
|
1% | 0.25% - 1% (Depending on volume) | Yes | Yes | £0 on trades above £5,000 | £1,000 (£250 for regular payments) | ALL currencies | Bank to Bank transfer |
|
World First is one of UK’s leading foreign exchange broker headquartered in London, with further offices in Australia and New Zealand. World First are a privately owned company with no debts or liabilities, an A1 Credit rating. More info > |
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1% | 0.25% - 1% (Depending on volume) | Yes | Yes | £0 | £3,000 or £250 Regular Payments | 95 currencies | Bank to bank - one off or regular payments |
|
Moneycorp specialises in foreign exchange and international payments and can help protect you from adverse currency fluctuations. They can also help you lock into favourable exchange rates, even if you don’t have all the funds available immediately. More info > |
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0.60% | 0.25% - 0.60% (Depending on volume) | Yes | Yes | £7 or £12 - No fee above for transfers above £30,000 | No minimum | Wide range of major and exotic currencies | Bank to Bank Transfers, Spot, Forward contract, Limit or Stop Loss Order |
|
Currency Index is a specialist foreign exchange brokerage, providing fast and secure international transfers for individuals and businesses. Our service is second to none with excellent rates of exchange on a wide variety of currencies and our professional teams of brokers are here to provide guidance. More info > |
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0.70% | 0.25% - 0.7% (Depending on volume) | Yes | Yes | £0 on trades above £5,000 | £250 | 37 accounts | Spot Contract, Forward Contract,Limit Order, Stop loss Order |
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TorFX helps individuals and companies who need to make currency transfers, providing bank beating exchange rates, specialist advice and free international transfers as an alternative to using the major banks. More info > |
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1% | an average of 1% on top of the Interbank rate | No | yes | £0 (for trades in excess of £5,000) | £150 | 61 accounts | Bank to Bank transfer |
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Based in London with offices in 5 continents and trading for more than 13 years, Currencies Direct is a leading international payments and foreign exchange company providing cost effective ways to move your money, whilst beating the high street banks More info > |
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1% | 0.1% - 1% (Depending on volume) | Yes | No | £0 | £1,000 | 27 accounts | Transfers from and to bank accounts |
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VFX handles currency conversion for private individuals and businesses, offering a reliable, guaranteed service with the best exchange rates. More info > |
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Persist on improving your level of understanding regarding foreign currency exchange, transfer money abroad and also sending money overseas and the mechanics behind these activities. Should you be already settled abroad or planning to move overseas, learn more about money transfer products, tips from finance specialists and compare advice on purchase foreign currency, foreign money exchange as well as foreign exchange. Dealing with your finance and money transfer overseas will require some flexibility. Should you be searching for information on foreign currency or send money, browse articles, money guides and check lists.
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