TorFX has fast become a leading and award winning foreign currency exchange specialist. Based in the UK and regulated under the FSA they currently assist over 40,000 private individuals and 5,000 businesses across the globe with their foreign currency transactions.
TorFX can provide far more competitive exchange rates than your bank when it comes to making an international transfer and have saved clients as much as 5% on the exchange rate. They achieve this by simply undercutting banks on the profit made on your international transfers - TorFX doesn’t weigh you down with transfer fees and charges.
With national and international awards including ‘European Currency Broker of the Year’ as voted for by expats across Europe in an internationally recognised publication, TorFX are perfectly placed to assist with your requirements no matter how small, big, frequent, infrequent or complex that they might be.
So if you have a requirement and need Dollars, Pounds, Euros, Rupees or Dirhams or another currency and need to exchange the money through your bank to achieve this then we recommend using the service of TorFX.
| Margin | 0.70% |
| Margin explanation | Maximum margin is 0.7% which starts from £5,000 and improves with volume and frequency |
| Financial Service Authority Regulated | YES |
| HM Revenue & Customs Regulated | YES |
| Fee | £0.00 |
| Minimum transaction | £5,000 (regular monthly payments for the equivilent of £250) |
| Trust account | Barclays Bank PLC |
| Transfer options | Bank to Bank transfer |
| Currencies | 40 currencies |
- Have transacted over $2.5 Billion in client funds around the world
- Named in ‘The Sunday Times Fast Track 100’ as the UK’s fastest growing financial service provider 2008 and 2010.
- Named ‘European Currency Broker of the Year’ 2010 in Overseas Living Magazine (voted for by expats)
- Have access to 40 different currency accounts
- Regulated and authorised by the FSA under the Payment Service Regulations 2009 Act
After registering for a trading account at no cost or obligation to trade, you will be assigned to your personal account manager with whom you have direct access via phone and email to discuss your requirements and how they can assist and manage your expectations for reasons such as;
For security and peace of mind TorFX are authorised and regulated by the Financial Services Authority under the Payment Service Regulations 2009 (FRN 517320) for the provision of payment services and hold segregated client accounts with Barclays Bank Plc. They are also regulated by HM Revenue & Customs Certificate of Registration for Money Laundering Regulation, Number: 12191606.
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