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

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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.

Excellence

18th February 2025

Have been a customer of TorFX for around two years …throughout this time I have found them proactive, positive, willing to serve and providing exceptional customer service. Could not wish for better.

G.Maloret

Excellent rates and service

18th February 2025

Have used several times for Australia transfers,very efficiently carried out with progress updates at each stage.

Highly recommended.

Rob Parton

TorFX – The BEST

18th February 2025

I have been a client with TorFX for 12-15 years. I receive my income from the USA, but have lived in Madrid, then to Scotland and now back in Madrid. When I sold our home in Madrid and purchased another home in Scotland, Hannah Wilson was of superb help. I had a difficulty with the solicitor in Scotland who thought the transfer of funds from Madrid to Scotland was going to be straightforward – bank to bank. When the time came and I told him the funds would be coming through TorFX…., Well you would have thought I had just committed a capital crime. What to do? Think no more! Phone Hannah. And yep, Hannah to the rescue, explaining to the solicitor what TorFX did and why and why I was using the service, etc., etc., etc. He was still paranoid but eventually settled down and the funds were promptly send to my bank in Scotland and the home purchased. And then I sold the home and began transferring the GBP to Euros in Madrid. Yep, Hannah now phones me…. “Tom, you’re transferring lots of money in small amounts.” “That’s right, Hannah, because that’s what TorFX allows me to do digitally without going through the TorFX office.” “I understand Tom, but you’re making our IT, security people nervous…. Can you send me the sell agreement on your Scotland home?” “Of course, Hannah. You know where the money is coming from but I also understand the powers to be need proof.” I promptly scanned her more info than she needed and with that, had the green light to keep transferring digitally. Not only that, because of my faithful commitment to TorFX, Hannah secured an exchange rate for me through TorFX that was far superior to any high street institution. She’s absolutely wonderful. Finally, just two more anecdotes. My first wife died in Scotland and I recently married a lovely Spanish lady. I wanted her to be on my TorFX account – Hannah to the rescue to walk me through the paper work and the required documents. Lastly, just last week, I needed to make a small transfer of USD to my GBP account but there was a problem with account names, that nobody could figure out why. For such a small amount of money, Hannah still remained with the situation all day long, unfortunately without success (UK bank’s problem) to be able to make the transfer digitally. So she made it for me via the phone, as if I was transferring hundreds of thousands, when it was only a very small amount. I thanked her profusely, after spending a good part of her day trying to fix the problem along with the IT people. To her, it was nothing, “because that’s what we do, Tom. We serve our clients.” Indeed, Hannah serves well her clients. There’s nobody better!!

Tom Courtney

Torfx survey

18th February 2025

Very good but i had problems with the website for my first transaction. However my account manager sorted it out. There are a number of things that could be improved for online transactions and I found the Faqs and AI help option didn’t help.r

Richard Douglass

torFX review

18th February 2025

Personal account.

An excellent company with very good rates for money transfers

Graham Jones

Good rates and good service

18th February 2025

I have exchanged money and done transfers abroad many times with Torfix and always found the rates and service Superb. I would reccomend them to everybody.

Hilary Ross
Verified

Excellent service

18th February 2025

I use TorFX on a monthly basis and find the easy internet service works very well. Good exchange rates and the money is usually in my foreign bank account if not the same day then the following day.

Christopher Wilsdon

Best company for transfers and service

18th February 2025

I use TFX to send money to family in three countries. They provide best rates, immediate response, quick action and I end up with a satisfactory recipient. I don’t pay any commission or wait for two days like I need to do for transaction thru bank. Staff are courteous. If my allocated agent is not available, others step in to assist. Never had any reason to complain. I consider them an excellent company, the best. I do find it unbelievable that there could be a company so good, amazing , perfect in this day and age . I have tried many, but there is no other like them. Simply excellent, excellent and excellent. Thankyou

Veena Madan
Verified

Extremely efficient, extremely easy and on top of that friendly!

18th February 2025

I regularly transfer my British pension from Natwest bank to my current bank in France, through your services. It’s so easy to do and quick and reliable. Thank you.

Hilary Lemaitre

Happy customer

18th February 2025

I find the speed of transfer and rate of exchange, be it Australian$ or € impressive and after 25 years of transfers with different companies I have settled for some time now with TorFX as the best of them.

Julian Ironside
Verified

Service with a smile

18th February 2025

Money transfer. Just transfer the amount you wish to send and in minutes get a rely asking that currency and which account you want it sent to. No further action and the job is done with confirmation and rate achieved.

Charles Strickson

Great service

18th February 2025

Great and easy service for sending money to my son & family in the USA

MR ROY DYSON
Verified

Smooth

18th February 2025

Very professional!

Step by step! Double checks, go extra mile

Richard

Torfx give an Excellent service

18th February 2025

We transfer money on a monthly basis from England to Germany. The exchange rate is excellent and always get a confirmation our money has been transferred and what the exchange rate was.

We can speak to a member of staff over the phone and easily change our amount sent or ask to send a one off extra payment with no hassle whatsoever.

Ingrid Patmore
Verified

Brilliant transfers

18th February 2025

Torfx is great especially when you have family living on the other side of the world. You can transfer their currency directly into their bank account. Brilliant

Valerie Patrick
Verified

Good Transfers

18th February 2025

The transfer is quick and uses the best Exchange Rate of the day

Christine Patricia Smith

V. Competitive fx rates

18th February 2025

A really efficient fx service both online and over the phone. Everyone is very helpful.

Robert Ames
Verified

First Rate Customer Service Company.

18th February 2025

I have situations where I require to Transfer Funds Overseas,Whether it be to a Banking Institution or to Other Clients I Deal with for a Variety of Reasons.

TorFX have handled All of this Business on My Behalf and that of my Wife’s with First Class Service & an Extremely Professional Manner through their Dedicated Financial Advisor to Both of Us. Whilst, other Companies may Offer Comparable Financial Products,I Always ensure that provided acceptable Information is set out prior to Proceeding with these Money Transactions- TorFx will Always be my Preferred Company of Choice.

Kenny Fleming

Easy dealings

18th February 2025

1st class service

Colin Longair

They are brilliant

18th February 2025

Ben is always to helpful to us transferring money to Spain

Colin everard

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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