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

4.9
2,603 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%
Tell us what you think of this provider.

Simple, efficient and safe

19th February 2025

We make transfers to different destinations – always a competitive rate, always an efficient transfer, always a job well done.

Edward Mrs P Silk
Verified

Always the best rates and excellent service!

19th February 2025

Having emigrated to Australia, with all our income still coming from the UK, finding someone to rely on for good exchange rates and prompt response, was essential. Tom was very supportive with the initial transfer of the proceeds of our home and investments and has always given excellent rates of exchange. Our transactions are easy to arrange, and during the last four and a half years Tom has always been so helpful and prompt; we are grateful we discovered him and TorFX!

Ann Westlake
Verified

Excellence

19th February 2025

For my transfers from UK bank to my Spanish bank every transaction treated with politeness and super efficiency.

Roy Lewis

Rapid reliable and resposive

19th February 2025

I have used them for years and they are reliable and responsive and provide personal service with difficultΓ© transfers.

I would never use anyone else as their rates are compΓ©titive

Janet Mead

Personal Transfers

19th February 2025

As a Canadian ExPat I use TorFX to send money back to Canada on a fairly regular basis. The rates I get are the best, much better than high street banks. Before deciding on TorFX I considered other currency exchange providers; I chose TorFX because their rates are always consistently the best and the customer service is wonderful from the entire team but especially my Account Manager Simon Johnson.

Top notch service, great team!

A. Harriott

Always helpful

19th February 2025

Personal account, I use my account to transfer money to my family in Newzealand

Keith Wright

Reassuring service

19th February 2025

We hadn’t had to move a large sum of money for many years so were somewhat nervous of doing so. Using Torfx was an excellent choice as we were talked through the process step by step by Ally and had no need to worry. Everything went perfectly and we shall be using them again shortly and have advised our family members to do the same.

Frances Nustedt

so easy to work with

19th February 2025

We use the service about once a year and Scott has always been so easy to deal with. Such a trustworthy company so have no fears doing a transfer. We are extremely careful people and it works for us so for all the cautious out there you are in good hands.

Glynis Ann McEwing
Verified

Personal, safe and secure money transfer

19th February 2025

I have used TorFX to transfer money to my family in Australia on many occasions. It is important for me to use a service that feels safe, secure whilst not overwhelmingly complex. TorFX have met all these requirements plus more. Staff are friendly and helpful and communication during the transactions are timely and reassuring – very helpful in today’s financial environment. I couldn’t recommend TorFX more highly. It’s an excellent service!

Christine McKechnie

Personal, efficient service and good rtes

19th February 2025

I have used TorFX for many years to transfer money from the UK to family in Australia. Their online service is highly efficient and simple to use and their rates are good. The outstanding plus is the personal service I have had over the phone when needed – Tom has been unfailingly helpful and efficient, has given excellent advice on the fine-tuning of larger transfers AND I always get through immediately to a nice human in Cornwall without first wading through options, bot-chat, music etc.

Rosemary Hall

TorFX Expert Review

TorFX Expert Review: Best Currency Broker 2025
TorFX

Name: TorFX

Description: TorFX is a currency specialist and currency broker founded in 2004 offering foreign exchange conversion services in 40 currencies. TorFX converts and transfers around Β£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

πŸ’± Total Currencies40 offered
πŸ’΅ Min TransferΒ£100
πŸ’° Max TransferNo maximum transfer
πŸ›’ Customers325,000+
πŸ›οΈ Founded2004
πŸ’± TransfersΒ£7.5 billion a year
🏒 HQCornwall, UK
βš–οΈ RegulatedYes – Authorised by FCA
Account Options
🧍 Personal Transfersβœ”οΈ
πŸ‘” Business Transfersβœ”οΈ
πŸ—“οΈCurrency Forwards24 months
πŸ’Έ Currency Options❌
🀝 Personal ServiceYes- rated highly
πŸ“± 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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Good Money Guide Awards - Rory Bremner

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

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