Compare Currency Transfer Exchange Rates
If you want to exchange and transfer a large amount of money use our comparison table to compare currency transfer exchange rates.
You can also request quotes from all the brokers at the same time here. Fees relate to how far exchange rates are from the mid-market.
|Currency Broker||Who are they?||What do they offer?||CEO Interview||More Info|
|Currency broker OFX have transferred over £78b in currency conversions for 1 million customers around the global. They have a network of 115 global banking patterns, offer over 55 currency pairs, are regulated by over 55 global regulators and offer 24/7 customer service.||OFX offer personal and business currency brokerage with zero commission. They offer same-day payments and forwards online or over the phone with 80% of all major currency transfers processed in 24 hours.||Read Sarah Webb Interview|| Get A Quote|
|Currencies Direct have helped more than 325,000 customers move money internationally since they were founded in 1996. With them customers can transfer 40+ currencies to 120+ countries. They have more than 20 global offices and employ over 500 currency experts.||24/7 transfers online, over the phone and by app No transfer fees Personal currency expert Spot and forward contracts, limit orders and rate alerts Specialist business transfer services and risk management solutions|| Get A Quote|
|TorFX have been connecting their customers with great exchange rates and no transfer fees since 2004. They’ve won the Moneyfacts Consumer Award for International Money Transfer Provider of the Year five times (2016 – 2020) and have also won the Best Customer Service award four times (2016, 2017, 2019 and 2020). They have a five-star ‘Excellent’ TrustScore on Trustpilot.||Dedicated account management The ability to transfer over the phone, online or by app Great exchange rates and hidden fees Tailored transfer services Free market updates|| Get A Quote |
|Linear Int Payments|| Linear International Payments is a currency broker that cater primarily to large currency transfers and conversions. Personal service and expert advice.|| Online :|
|Read Mark Phipps Interview|| Compare Quotes |
|Ram FX specialise in personal service for corporates, funds, family offices and high net-worth currency brokerage for individuals.|| Online :|
|Read Mark Henry Interview|| Compare Quotes |
Ram FX Reviews
|Assure Hedge specialise in online OTC FX Options for hedging|| Online :|
|Read Barry Mccarthy Interview|| Compare Quotes |
How to compare currency transfers & exchange rates?
The foreign exchange industry is very opaque in terms of pricing with some currency brokers still not offering fixed and transparent exchange rates.
So our comparison tables allow you to compare currency rates by showing how far from the mid market a currency broker set their client exchange rates.
Questions to ask when you compare currency transfers & rates?
- How from from the mid market are your exchange rates
- Does that include all fees
- Do you offer currency forwards
- How long does a currency transfer take
What to avoid when you compare currency transfers & brokers.
Always ensure that a currency broker is registered with the FCA. You can check the FCA register here for authorised firms.
If a broker does not tell you how far their exchange rates are from the mid-market avoid as they may widen the price.
Always ensure that your broker confirms that rates are fixed. You may find that when you compare currency rates you get a preferential rate for your first trade.
Tools to help you compare exchange rates currency rates
The best way to compare a currency rate you have been given by a broker is to ask another one. If you fell that you are not getting the best currency exchange rate simply ask another broker what the rate you have been given is.
Where to find the benchmark rate to compare currency rates
You can find the live mid market exchange rates on site such as Google Finance or Yahoo Finance. To look up an exchange rate simple type the exchange rate you want to compare and search for it online.