Dealing in the foreign exchange market can be daunting. With FC Exchange, though, we will aim to save you time and money, whilst ensuring our trading processes are clear and straightforward in three easy steps:
Opening an account with us is simple
, takes just a few minutes, and is free to do with no obligation to trade, providing you with the facility to simply give us a call and secure the best exchange rates.
Upon receiving your registration form, we'll then confirm your identity and undertake anti-laundering verification checks, as required by UK law. If you're unable to meet the accepted benchmark, though, or you reside outside of the UK, you may be asked to provide supporting documentation as evidence of identify and proof of address.
When getting in touch with a FC Exchange broker, we'll provide all the necessary data and market news to help you make an informed decision, answer any questions you may have regarding the market and foreign exchange rates, and assist with your currency purchase. After confirming the exchange rates with you, you'll simply need to instruct your broker on when to purchase on the live market on your behalf who'll secure you a great rate.
You'll then receive a contract note from us to confirm the exchange rate, the amount of foreign currency purchased, along with the applicable FCE bank details for trade settlements. You can also transfer the funds to us, prior to trading, for execution when you choose.
Once your funds are cleared and received, we'll send on your currency to the stipulated destination by priority international transfer. Confirmation is then provided by our principal bankers at Barclays that your transaction is complete.
To speak to one of our brokers about your individual foreign exchange requirements, don't hesitate to give us a call on +44 (0) 20 7989 0000.