- TorFX is highly rated in both expert and user reviews on Good Money Guide, boasting an impressive average of 4.9/5 from 4,733 user reviews.
- Experts commend TorFX for its personal service and competitive exchange rates, highlighting its recognition as the “Best Currency Broker” in 2025 and 2024. They note the advantages of using TorFX for larger transactions, particularly for property purchases abroad, while cautioning that it may not be ideal for smaller transfers.
- Users frequently praise the efficiency and reliability of TorFX, noting the excellent customer service and quick transfer processes. Many appreciate the straightforward platform and the personal touch provided by dedicated agents, while some mention the competitive rates and transparency throughout the transaction process.
TorFX Customer Reviews
Tell us what you think of this provider.
Trustworthy
They discuss any worries and reassure you.
Very reliable.
Efficient
Contacted me if any questions, always on end of phone when needed and straightforward.
Reliable
Gets the job done. Reliable. Trustworthy.
Reliable
The online facility for small currency transfers is swift and easy to use, and transfers are actioned very promptly. Unfailingly reliable.
Efficient
Provides a good friendly service.
Excellent
Suburb customer service. Great exchange rates.
Efficient
Great communication throughout transactions. I place a currency transfer instruction and within minutes the feedback from TorX tells me what, when, to who and completed. Excelent and very efficient service
Totally reliable.
I use Torfx for transfers to family members: the method us easy and swift.
Very professional staff.
Great exchange rates and fast transfers.
efficient
Competitive rates and transactions carried out efficiently and swiftly.
Reliable
Gives good rates and moves the money quickly
responsive, efficient
I use TorFx for transferring funds and Fx. I can almost always get in touch with my Tor contact within minutes, and if not then someone else will reply to my query. I don’t know of another service provider tat does it better. I always have the impression that they are working for me, on my behalf.
Real
As an elderly customer if I can’t handle the online aspects I can talk to a real human being to get my business transacted.
Informative and efficient
Guides and instructs client through the transaction process
Great
My transfers
Personal service
As a newcomer to transferring money I was guided through the whole process seamlessly. Excellent rates too
Excellent
It kept us up to date with a large currency transfer
Efficient
Quick and efficient service. Good rates for converting money. Always someone at the end of the phone, personal service
Honest.
Always give you the information required to make that decision.
TorFX Expert Review
TorFX Expert Review: Best Currency Broker 2025
Provider: TorFX
Verdict: TorFX is a currency specialist and currency broker founded in 2004 offering foreign exchange conversion services in 40 currencies. TorFX converts and transfers around £7.5 billion a year and is based in Cornwall, UK.
Should you send money abroad with TorFX?
TorFX won the Good Money Guide “People’s Choice” Award for “Best Currency Broker” in 2025 and 2024 for having the most and best reviews from satisfied customers.
Prior to that, TorFX won “Best Currency Forward Provider” in 2023 for their 24-month forwards for people wanting to lock in current exchange rates for up to 1 year in advance.
TorFX customer reviews speak for themselves, a low-cost way to transfer money internationally at a bank-beating exchange rates and expert advice on timing the process.
A good choice if you are buying a property abroad and want bank-beating exchange rates and personal service to help with the transfer.
Pros
- Personal service
- Bank beating exchange rates
- Currency forwards
Cons
- Not great for small transfers
-
Pricing
(4.5)
-
Market Access
(5)
-
Online Platform
(4)
-
Customer Service
(5)
-
Research & Analysis
(5)
Overall
4.7TorFX Facts & Figures
| 💱 Total Currencies | 40 offered |
| 💵 Min Transfer | £100 |
| 💰 Max Transfer | No maximum transfer |
| 🛒 Customers | 325,000+ |
| 🏛️ Founded | 2004 |
| 💱 Transfers | £7.5 billion a year |
| 🏢 HQ | Cornwall, UK |
| ⚖️ Regulated | Yes – Authorised by FCA |
Account Options | |
| 🧍 Personal Transfers | ✔️ |
| 👔 Business Transfers | ✔️ |
| 🗓️Currency Forwards | 24 months |
| 💸 Currency Options | ❌ |
| 🤝 Personal Service | Yes- rated highly |
| 📱 Phone Dealing | Yes – superb service |
| 🌐 Website | Visit TorFX |
TorFX News
TorFX wins People’s Choice Award at the Good Money Guide Awards 2024
TorFX won the People’s Choice award because they received the most individual votes among all providers we cover on the site. Feedback from those votes was overwhelmingly positive. Richard BerryRichard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career
TorFX Wins Best Currency Forward Contract Provider at the Good Money Guide Awards 2023
TorFX has won the Best Currency Forward Contract Provider at the 2023 Good Money Guide Awards, recognizing their outstanding service and expertise in the foreign exchange industry. This prestigious accolade highlights the dedication of the TorFX team to delivering exceptional solutions for their clients. Our team has worked tirelessly to provide exceptional financial services, and
Nigel Fox, TorFX Managing Director on what it’s like running a currency broker
What do you think makes TorFX stand out above other currency brokers? At TorFX our most unique selling point is our staff. We employ a team of highly-experienced currency experts to provide our customers with an unrivaled level of support and insight. All of our customers are assigned a personal Account Manager to look after
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as The Sunday Times, BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
