4.9
2,604 Good Money Guide users have given this provider a review rating of 4.9 out of 5 based on their genuine experience.
Excellent95%
Very good4%
Average1%
Poor0%
Terrible0%

TorFX Reviews: Winner Of Best Currency Broker 2025

Home > Reviews > TorFX Reviews
TorFX is a good choice if you are buying a property abroad and want bank-beating exchange rates and personal service to help with the transfer.
Richard Berry
Richard Berry
Good Money Guide Founder

TorFX Customer Reviews

Tell us what you think of this provider.

3/5

14th February 2023
GMG Awards Voter: [118243693586]

5/5

31st January 2023

Pros:

customer service

Cons:

nothing

GMG Awards Voter: [118232387706]

5/5

30th January 2023

Pros:

Customer service

Cons:

Nothing

GMG Awards Voter: [118231548284]

5/5

30th January 2023

Pros:

personal service

Cons:

nothing i can think of

GMG Awards Voter: [118231473140]

5/5

29th January 2023

Pros:

One on one service and expert knowledge

Cons:

Need an app

GMG Awards Voter: [118231013802]

5/5

27th January 2023

Pros:

Professional service, experts at what they do

Cons:

Nothing

GMG Awards Voter: [118230249497]

5/5

27th January 2023

Pros:

Easy to contact and free

Cons:

Nothing..Torfx is perfect

GMG Awards Voter: [118229706569]

5/5

26th January 2023

Pros:

Personal service

Cons:

Very little

GMG Awards Voter: [118229350272]

5/5

26th January 2023

Pros:

Staff and platform

GMG Awards Voter: [118229023876]

3/5

26th January 2023
GMG Awards Voter: [118228803366]

5/5

25th January 2023
GMG Awards Voter: [118228247386]

5/5

28th February 2022
GMG Awards Voter: [13362465036]

2/5

29th January 2022

Pros:

Friendly

Cons:

Better reates

GMG Awards Voter: [13294479898]

4/5

27th January 2022

Pros:

Nothing really

Cons:

Nothing really as I donÔÇÖt use them but did in the past

GMG Awards Voter: [13289629595]

4/5

27th January 2022

Pros:

Quick transfers

GMG Awards Voter: [13289587851]

3/5

27th January 2022

Pros:

Exchange rate nt as good as currencies direct , but a far better deal than the bank most time, what I don’t like about TorFx is they will use a third party which costs you money and not a small amount, on top of there fees, they don’t tell you about this until the recipient receives the money R110 goes to a third party, that’s why I use currencies direct now no third parties at all

Cons:

Stop using a third party or inform you they will be using a third party with this transaction, as they don’t always use a third party, but most times perhaps its the time of the day???

GMG Awards Voter: [13289304683]

5/5

25th January 2022

Pros:

They provide a very personal service. I am a person and not a number when I contact them and they are friendly and helpful.

Cons:

I don’t think that can do anything better. They are ace.

GMG Awards Voter: [13283866038]

5/5

25th January 2022

Pros:

I have used them for nearly six years and have been v impressed with them. Any issues (and there havenÔÇÖt been many) are always sorted out quickly and efficiently

Cons:

The app can be a little unreliable at times but apart from that nothing

GMG Awards Voter: [13283490994]

3/5

7th January 2022

Pros:

asdf

Cons:

asdf

GMG Awards Voter: [13244790238]

5/5

1st September 2020

Pros:

Live rate and pairing are easy to find

Cons:

make it easier to view price predictions and market movements for currency pairs

GMG Awards Voter: [11951821742]

TorFX Expert Review

TorFX Expert Review: Best Currency Broker 2025
TorFX

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?

Best Currency Broker 2025TorFX 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
4.7

TorFX Facts & Figures

💱 Total Currencies40 offered
💵 Min Transfer£100
💰 Max TransferNo maximum transfer
🛒 Customers325,000+
🏛️ Founded2004
💱 Transfers£7.5 billion a year
🏢 HQCornwall, UK
⚖️ RegulatedYes – Authorised by FCA
Account Options
🧍 Personal Transfers✔️
👔 Business Transfers✔️
🗓️Currency Forwards24 months
💸 Currency Options
🤝 Personal ServiceYes- rated highly
📱 Phone DealingYes – superb service
🌐 WebsiteVisit TorFX

TorFX News

People's Choice Award - Good Money Guide Awards Winners 2024

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

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