Using a Foreign Exchange Broker

When making international payments, for personal or business requirements, most people turn straight to their bank – however these money transfers can be handled by a specialist foreign exchange broker like FC Exchange. Banks are often large, faceless and worst of all, unresponsive, organisations, bursting with layer upon layer of bureaucracy. Much like anything it pays to use a specialist, in this case an international payments specialist. foreign exchange broker can offer better value for money and a whole host of simple, but very useful currency products and personalised service, which always helps.   

To use a bank means you're using a huge, multinational organisation that offers an array of incredibly diverse services. As a result, they’re often sluggish and unable to provide the level of focused service and specific expertise that FC Exchange can, as a dedicated foreign exchange broker. Bank staff, generally, don’t have access to the latest market information, cannot provide personal payment support and won’t go that extra mile and, for example, liaise with a French Notaire (in French!) for you to help with a smooth transfer.

How we can help (and save you money)

As a foreign exchange broker, we have access to investment banking level exchange rates, bringing the market to you. We buy currency at wholesale rates, directly from the market, allowing us offer previously unavailable investment banking level prices to individuals and companies. We’ll provide you with the latest market data so that you’re completely informed when trading and you can use any of our useful marketwatch tools to track the direction of the market. Registering with us is quick and easy, and you simply have send funds through to FC Exchange, instruct us to exchange them and we’ll forward them on to the destination of your choice.     

How we make our money 

We buy and sell currency in the live international currency market on behalf of clients and make our money on the ‘spread’ between buying at one price and selling at another, the difference being our profit. Coupled with a faster, more professional service than high street banks, it’s not just the best exchange rate we aim to offer, either – it’s our exceptional service that we deliver (see what our clients say).

Our products and services

We have a variety of currency tools and products such as Forward or Spot Contracts, and Stop Loss or Limit Orders. We’re able to match your requirements to the best solution to meet your individual currency needs, be it a one off overseas currency transfer when buying or selling a house, or regular payments for your import/export business. 

Peace of mind 

We are a FSA Authorised Payment Institution (registered No 511266). When trading with us, your funds will be held in a segregated client account completely independent of the businesses, safeguarded at all times, and furthermore we exceed the capital requirements specified by the FSA and have been awarded an A2 credit rating.    

At FC Exchange we don’t charge any fees or commission. Transactions of over £10,000 (or FX equivalent) are free and those under this amount are only subject to a transfer fee of just £10 per payment.  

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