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Currency Exchange Brokers - Private Clients

Please see a chart below listing currency exchange brokerages for private clients. Whether you are looking to set up a regular overseas payment, are planning to invest directly or even have an overseas mortgage to deal with, these firms offer the best service.

The foreign exchange rates offered are far superior to traditional banks. The companies listed buy and sell foreign currency at an average 1% margin from the interbank spot rate.

With highly competitive exchange rates that are far superior to those offered at ordinary banks, a personal broker who you can contact anytime, swift transfer speeds and no call centers, private clients can enjoy security and excellent service. Use the chart below to compare rates and the main features of each firm. If you are a corporate client, please click on the link below to be taken to the relevant page. Always read the terms and conditions carefully.

Whether you are looking to make an individual payment or multiple international money transfers a foreign exchange broker is likely to be able to find you the best rate at which to transfer your money. With a foreign exchange specialist you will be assigned your own foreign exchange broker who will be able to talk you through the moneytransfer process and help you with anything you need. Compare the companies below and consider which company will best suit your circumstances.

Need Help? If you would like further information and wish to speak to someone: Contact Us >>

COMPANYESTSPREADFEESTRANSFER METHODSMINCCYACCOUNTSAPPLY

Direct FX
Direct FX

2001 ASIC - AFSL 291471.75% Max from interbank spot rate$0Bank to Bank$500014

Currencies

Australian Dollar (AUD)
Canadian Dollar (CAD)
Euro (EUR)
Great British Pound (GBP)
Hong Kong Dollar (HKD)
Japanese Yen (JPY)
New Zealand Dollar (NZD)
Singaporean Dollar (SGD)
South African Rand (ZAR)
Swiss Franc (CHF)
United States Dollar (USD)
Norwegian Krone (NOK)
Swedish Krona (SEK)
Danish Krone (DKK)

COMMONWEALTH BANK OF AUSTRALIA Trust AccountsDirect FX
Direct FX is Australasia's leading money transfer and payments broker. They are the only business foreign exchange broker used by Banks, as well as Private and Business Clients. They arrange over 140 billion in transactions annually. Direct FX is proudly Australasian owned and operated and specialise in not only providing the best rates, but the best foreign exchange brokers service. Always check the terms and conditions.Services

Services

1. One off transfers/payments/receipt of funds. (asset purchase, migration, import or export needs, investment allocations)
2. Regular Payments (offshore mortgage payments, salary transfers, living allowances, gifts)
3. Forward contracts (lock in today’s rate for settlement at a date up until one year forward)
4. Spot contracts - standard two day settlement transfers
5. Order taking - Apart from transacting directly at current market levels, our clients have the option of loading Limit or Stop Loss Orders with us. Limit and Stop Loss orders can also be watched in conjunction with each other, with one cancelling the other if struck.
6. Weekly FX commentary on 13 different currency pairs and overall market conditions
7. Daily updates on currencies of interest to clients and current influences


Advantages

Advantages

1. Spread margin .75% maximum from the interbank spot rate.
2. Potentially when compared to transferring via a traditional bank, we can save clients up to 3% of the transaction amount. That is $3,000, per $100,000 transferred.
3. Our online application process is simple and painless.
4. We do not charge any transaction fees.
5. We keep clients well informed of the progress of their transaction at all times.
6. Clients can leave orders with us to target a specific exchange rate. Unlike a bank, we will watch orders of very small amounts.
7. We are proudly Australasian based and independently owned and operated. We are specialists in the antipodean currencies.
8. Our weekly FX commentary is written in plain and easy to understand language. It gives a broad market overview and covers 13 different currency pairs that are of interest to our clients. We encourage clients to offer it to anyone with an overall interest in the financial markets. You do not have to be a client to enjoy this great commentary.
9. We are able to offer you in depth market knowledge. Our dealers have over 200 years experience between them, and facilitate over 140 billion USD worth of foreign exchange per annum.
10. We offer a more intimate service than many provides. We are not a global behemoth, or a bank in sheep’s clothing that does not appreciate your business. Our aim is to make clients feel comfortable when making transactions by clear and transparent pricing, great market information and the easy going nature of our dealers. Our ever growing list of testimonials, speak for themselves. Keep it local.


Disadvantages

Disadvantages

1. We are not able to offer our service for amounts under 7,000 AUD or equivalent.
2. We take very seriously our attention to detail with regards to identification documents, if you cannot provide these, you cannot use us.


World First
World First

2005 ASIC - AFS 3020610.1-0.7%$0 above $5000, $15 fee under $5000Australia bank to foreign bank or vice versa$100047

Currencies

1. WORLD FIRST UK GBP GBP United Kingdom, Pounds
2. WORLD FIRST UK AED AED United Arab Emirates, Dirhams
3. WORLD FIRST UK AUD AUD Australia, Dollars
4. WORLD FIRST UK BBD BBD Barbados, Dollars
5. WORLD FIRST UK BHD BHD Bahrain, Dinars
6. WORLD FIRST UK BWP BWP Botswana, Pulas
7. WORLD FIRST UK CAD CAD Canada, Dollars
8. WORLD FIRST UK CHF CHF Switzerland, Francs
9. WORLD FIRST UK CZK CZK Czech Republic, Koruny
10. WORLD FIRST UK DKK DKK Denmark, Kroner
11. WORLD FIRST UK EEK EEK Estonia, Krooni
12. WORLD FIRST UK EGP EGP Egypt, Pounds
13. WORLD FIRST UK EUR EUR Euro Member Countries, Euro
14. WORLD FIRST UK FJD FJD Fiji, Dollars
15. WORLD FIRST UK HKD HKD Hong Kong, Dollars
16. WORLD FIRST UK HUF HUF Hungary, Forint
17. WORLD FIRST UK ILS ILS Israel, New Shekels
18. WORLD FIRST UK INR INR India, Rupees
19. WORLD FIRST UK JMD JMD Jamaica, Dollars
20. WORLD FIRST UK JOD JOD Jordan, Dinars
21. WORLD FIRST UK JPY JPY Japan, Yen
22. WORLD FIRST UK KES KES Kenya, Shillings
23. WORLD FIRST UK LTL LTL Lithuania, Litai
24. WORLD FIRST UK LVL LVL Latvia, Lati
25. WORLD FIRST UK MAD MAD Morocco, Dirhams
26. WORLD FIRST UK MUR MUR Mauritius, Rupees
27. WORLD FIRST UK MXN MXN Mexico, Pesos
28. WORLD FIRST UK NOK NOK Norway, Krone
29. WORLD FIRST UK NZD NZD New Zealand, Dollars
30. WORLD FIRST UK OMR OMR Oman, Rials
31. WORLD FIRST UK PKR PKR Pakistan, Rupees
32. WORLD FIRST UK PLN PLN Poland, Zlotych
33. WORLD FIRST UK QAR QAR Qatar, Rials
34. WORLD FIRST UK SAR SAR Saudi Arabia, Riyals
35. WORLD FIRST UK SEK SEK Sweden, Kronor
36. WORLD FIRST UK SGD SGD Singapore, Dollars
37. WORLD FIRST UK SKK SKK Slovakia, Koruny
38. WORLD FIRST UK THB THB Thailand, Baht
39. WORLD FIRST UK TND TND Tunisia, Dinars
40. WORLD FIRST UK TRY TRY Turkey, New Lira
41. WORLD FIRST UK TTD TTD Trinidad and Tobago, Dollars
42. WORLD FIRST UK TZS TZS Tanzania, Shillings
43. WORLD FIRST UK USD USD United States of America, Dollars
44. WORLD FIRST UK XCD XCD East Caribbean Dollars
45. WORLD FIRST UK ZAR ZAR South Africa, Rand
46. WORLD FIRST UK HRK HRK Croatia, Kuna
47. WORLD FIRST UK KWD KWD Kuwait, Dinar

CITI Trust AccountsWorld First
World First has transacted with over 20,000 private clients and 4,700 companies and in 2009, their currency exchange transaction volume exceeded $1 billion. They are the UK's leading foreign exchange broker who offer both private individuals and companies the ability to achieve significantly better foreign exchange rates with an exceptional foreign exchange brokers service. Always read the terms and conditions carefully before applying.Services

Services

1. Regular Payments.
2. Forward Contacts.
3. Spot Contracts.
4. Stop Loss Orders.
5. Limit Orders.
6. Hedging strategies.
7. Currency Options.


Advantages

Advantages

1. Margin 0.25%-1% from spot rate guaranteed
2. Compared with banks, our rates can usually save you between 0.5% and 3% of the amount transacted ie up to $6000 on a $200000 transfer.
3. We keep you in touch with the status of your transfer and notify you at every stage of the process.
4. We can offer you forward contracts and other hedging options to protect you from currency movements and to fix the exchange rate for a transaction up to 2 years in the future.
5. Minimum one-off transfer $1000.
6. Minimum regular transfer $250.
7. No commission and no transfer fees for amounts over $5000.


Disadvantages

Disadvantages

1. We will need to undertake an ID / company check as part of the account opening process for both private and corporate clients respectively.
2. Your bank may charge you to transfer your funds to us, although the saving you will receive from using us will more than negate this.
3. $15 Fee for transfers less than $5000

Currencies Direct
Currencies Direct

1996 ASIC - AFS 2468380.2-1%$0 above $5000UK Bank to Foreign Bank or vice versa$100038

Currencies

1. United Arab Emirates, Dirhams AED AED
2. Australia, Dollars AUD AUD
3. Bulgarian Lev BGL BGL
4. Canada, Dollars CAD CAD
5. Switzerland, Francs CHF CHF
6. Czech Republic, Koruny CZK CZK
7. Denmark, Kroner DKK DKK
8. Euro Member Countries, Euro EUR EUR
9. United Kingdom, Pounds GBP GBP
10. Hong Kong, Dollars HKD HKD
11. Hungary, Forint HUF HUF
12. Indonesian rupiah IDR IDR
13. Israel, New Shekels ILS ILS
14. India, Rupees INR INR
15. Japan, Yen JPY JPY
16. Kuwaiti dinar KWD KWD
17. Morocco, Dirhams MAD MAD 
18. Mauritius, Rupees MUR MUR
19. Norway, Krone NOK NOK
20. New Zealand, Dollars NZD NZD
21. Oman, Rials OMR OMR
22. Pakistan, Rupees PLZ PLZ
23. Qatar, Rials QAR QAR
24. Romanian lei RON RON
25. Saudi Arabia, Riyals SAR SAR
26. Sweden, Kronor SEK SEK
27. Singapore, Dollars SGD SGD
28. Slovakia, Koruny SKK SKK
29. Thailand, Baht THB THB
30. Tunisia, Dinars TND TND
31. United States of America, Dollars USD USD
32. South Africa, Rand ZAR ZAR

HSBC Trust AccountsCurrencies Direct
Currencies Direct was the original pioneer of the non-bank foreign exchange market and is now firmly established as one of the UK's leading foreign exchange providers. With over 80,000 registered clients we are trusted to send £bn's overseas each year. Core to our business is the ability to offer private and corporate client's exceptional currency rates that banks rarely beat. Always read the terms and conditions!Services

Services

1. Regular Payments.
2. Forward Contacts.
3. Spot Contracts.
4. Stop Loss Orders.
5. Limit Orders.


Advantages

Advantages

1. Free to open an account which can be ready to trade within hours
2. Guarantee the rate you receive is within 0.2%-1% of the live interbank spot rate.
3. Can generate a cost saving of between 0.5% to 4% when compared to a high street bank. This is equivalent to a maximum saving of $4,000 on a $100,000 transaction.
4. Currencies Direct charges no commission and no transaction costs
5. We can reduce your currency risk by offering forward contracts to help set the rate for your future transaction
6. We will keep you informed at all stages of the payment process and provide a more efficient service than your bank
7. All client funds are secure as they are held in segregated client accounts by our banking partner HSBC
8. Currencies Direct is a UK registered Ltd company (Reg No.: 3041197) and operates under the regulation of HM Customs & Excise, adhering to their Anti-Money Laundering Regulations (MLR No.: 12132225)


Disadvantages

Disadvantages

1. You will undergo an ID check as part of the account opening process which for non-UK residents will require additional identification documents to be submitted.

AFEX
AFEX

1979 ASIC 305246, ABN 851193925860.1%-0.7%$10 under 10kWIRE, BPAY, Cheque$500081

Currencies

1. AED
2. ARS
3. AUD
4. BDT
5. BGN
6. BHD
7. BOB
8. BRL
9. BWP
10. CAD
11. CHF
12. CLP
13. CNY
14. COP
15. CRC
16. CZK
17. DJF
18. DKK
19. DOP
20. DZD
21. EEK
22. EGP
23. ETB
24. EUR
25. FJD
26. GBP
27. NOK
28. GHS
29. GNF
30. GTQ
31. HKD
32. HRK
33. HTG
34. HUF
35. IDR
36. ILS
37. INR
38. JOD
39. JPY
40. KES
41. KRW
42. KWD
43. LKR
44. LTL
45. LVL
46. MAD
47. MGA
48. MUR
49. MWK
50. MXN
51. MYR
52. MZN
53. NGN
54. NOK
55. OMR
56. PEN
57. PGK
58. PHP
59. PKR
60. PLN
61. PYG
62. QAR
63. RON
64. RUB
65. SAR
66. SEK
67. SGD
68. SKK
69. THB
70. TND
71. TRY
72. TWD
73. TZS
74. UAH
75. UGX
76. USD
78. XOF
79. XPF
80. ZAR
81. ZMK

BANK OF AMERICA Trust AccountsAFEX
AFEX offers a comprehensive range of international payment and foreign exchange services, including foreign currency drafts, wire transfers, risk management tools and designated corporate account managers. AFEX can handle every aspect of a client’s foreign payment needs, from risk consultation to transaction execution. Always read the terms and conditions and click apply for the application form.Services

Services

Online foreign exchange payment system


Advantages

Advantages

1. Online spot and forward transactions
2. Multiple levels of security
3. Payment confirmations sent to beneficiary
4. Multi-user options with separate approval levels
5. Daily market updates
6. Access to detailed transaction history
7. Competitive Exchange Rates & low transfer fees!
8. Dedicated RG146 Accredited Foreign Exchange Specialist!
9. Rapid delivery of funds with NO INTERMEDIARY FEES!
10. 24 hour trading & cash management/ treasury facilities


Disadvantages

Disadvantages

1. Certified ID required for Private Clients
2. Minimum of 10k AUD on Exotic currencies
3. No direct debit for private clients

Sable FX
Sable FX

1994 ASIC - 3351260.2 – 1% based on volume$0Bank to Bank$022

Currencies

1. GBP
2. USD
3. EUR
4. NZD
5. AUD
6. ZAR
7. AED
8. CAD
9. CHF
10. CNH
11. CZK
12. GHS
13. HKD
14. INR
15. JPY
16. KES
17. PLN
18. SEK
19. SGD
20. XAF
21. XO
22. ZMK
and more upon request/demand.

HSBC Trust AccountsSable FX
Sable FX offers a bespoke foreign exchange and remittance service for both personal and corporate clients. Transfers are available worldwide, free of charge and at whole sale exchange rates. Fully compliant and regulated, Sable FX is renowned for beating the banks and saving their clients’ money. Always read the terms and conditions! For further information or to make an application click on the "apply" tab.Services

Services

1. A bespoke foreign exchange and remittance service


Advantages

Advantages

1. Great exchange rates
2. No transfer Fees
3. No hidden costs
4. Registration is free with no obligation to trade
5. Personal service with dedicated dealers
6. Free text and email notifications on all transfers
7. Secure online system, accessible 24 hours a day
8. Australian Financial Services Licence (AFSL) issued by ASIC to deal in foreign exchange


Disadvantages

Disadvantages

1. No credit card payments

International Foreign Exchange
International Foreign Exchange

2005 FSA 5040070.1-0.9%$0 above $1000UK bank to foreign bank or vice versa.$100050

Currencies

1. Bahrain BHD Dinars.
2. Botswana BWP Pulas.
3. Bulgaria BGN Leva.
4. Croatia HRK Kuna.
5. Czech Republic CZK Koruny.
6. Ecuador USD US Dollar.
7. Egypt EGP Pound.
8. Estonia EEK Krooni.
9. Euro EUR.
10. Fiji FJD Dollars.
11. Ghana GHS Cedi.
12. Hong Kong HKD Hong Kong Dollar.
13. Hungary HUF Forints.
14. India INR Rupee.
15. Israel ILS New Shekels.
16. Jordan JOD Dinars.
17. Kazakhstan KZT Tenge.
18. Kenya KES Shilling.
19. Kuwait KWD Dinars.
20. Latvia LVL Lati.
21. Lesotho LSL Maloti.
22. Lithuania LTL Litai.
23. Madagascar MGA Ariary.
24. Malawi MWK Kwacha.
25. Mexico MXN Pesos.
26. Morocco MAD Dirhams.
27. Nigeria NGN Nairas.
28. Oman OMR Rials.
29. Pakistan PKR Rupee.
30. Philippines PHP Peso.
31. Poland PLN Zloty.
32. Qatar QAR Rials.
33. Romania RON New Lei.
34. Russia RUB Rubles.
35. Saudi Arabia SAR Riyals.
36. Serbia RSD Dinars.
37. Singapore SGD Dollars.
38. Slovakia SKK Koruny.
39. South Africa ZAR Rand.
40. Sri Lanka LKR Rupee.
41. Switzerland CHF Swiss Franc.
42. Tanzania TZS Shilling.
43. Thailand THB Baht.
44. Tunisia TND Dinars.
45. Turkey TRY New Lira.
46. UAE AED Dirhams.
47. USD USD Dollars.
48. Uganda UGX New Shilling.
49. Zambia ZMK Kwacha.
50. Zimbabwe ZWD Zimbabwe Dollars.

BARCLAYS Trust AccountsInternational Foreign Exchange
International Foreign Exchange (IFX) is a leading FSA regulated foreign exchange specialist providing expert and highly cost-effective currency exchange and money transfer services, helping its clients reduce the risk from currency fluctuations. Based in Mayfair, London IFX offers a proactive service working with clients to achieve the maximum rate of exchange within their timescales. Always read the terms and conditions and click "apply".Services

Services

1. Regular Payments.
2. Forward Contract.
3. Spot Contracts.
4. Limit Orders.
5. Stop Loss.


Advantages

Advantages

1. Fixed margin between 0.1%-0.9% depending on size of transaction.
2. Large buyers of currency which enables us to achieve tighter rates from our bank.
3. One point of contact throughout your transaction process keeping you informed of market. movements and working with you to achieve the maximum rate within your timescales.
4. Prepaid currency card available to all IFX customers.
5. Free registration with no obligation to trade.
6. Able to offer no receiving bank charges
7. All client funds are held in a segregated account with our banking partner Barclays.
8. Daily market reports available on request.


Disadvantages

Disadvantages

1. Longer registration process no non UK residents.

VFX Financial PLC
VFX Financial PLC

2005 FSA 5040070.1-1%$0 above $1000Bank Account to Bank Account$250035

Currencies

1.Europe Eur Euro
2.UK GBP British Pound
3.USA USD United States Dollar
4.South Africa ZAR South African Rand
5.UAE AED UAE Dirham
6.Australia AUD Australian Dollar
7.Bahrain BHD Bahrain Dollar
8.Bulgaria BGN Bulgarian Lev
9.Canada CAD Canadian Dollar
10.Switzerland CHF Swiss Franc
12.Czech Republic CZK Czech Koruna
13.Denmark DKK Danish Kroner
14.Hong Kong HKD Hong Kong Dollar
15.Hungary HUF Hungarian Forint
16.Israel ILS Israeli Shekel
17.India INR Indian Rupee
18.Iceland ISK Icelandic Krona
19.Japan JPY Japanese Yen
20.Morocco MAD Moroccan Dirham
21.Norway NOK Norwegian Kroner
22.New Zealand NZD New Zealand Dollar
23.Oman OMR Omani Rial
24.Poland PLN Polish Zloty
25.Sweden SEK Swedish Krona
26.Singapore SGD Singapore Dollar
27.Thailand THB Thai Baht
28.Turkey TRY Turkish Lira
29.Malta MTL Maltese Lira
30.Slovenia SIT Slovenian Tolar
31.Estonia EEK Estonian Kroon
32.Mexico MXN Mexican Peso
33.Mauritius MUR Mauritian Rupee
34.Tunisia TAD Tunisian Dinar
35.Quatar QAR Quatar Riyal

RBS Trust AccountsVFX Financial PLC
VFX Financial PLC is a leading money transfer and foreign currency broker, helping our clients transfer their money efficiently and safely. Whether a business covering its exposure, an individual buying a home overseas, families emigrating to a new country or simply wanting to transfer your money abroad VFX Financial PLC can help you with your foreign exchange. Always read the terms and conditions and click apply for the application form.Services

Services

1. Regular Payments.
2. Forward Contacts.
3. Spot Contracts.
4. Stop Loss Orders.
5. Limit Orders.


Advantages

Advantages

1. Open an account online free of charge with no obligation to trade
2. Free transfers and no commission charges
3. Purchase and make transfers online
4. Transfer confirmations emailed directly to you
5. Highly competitive exchange rates
6. Regulated by the Financial Services Authority (FSA).


Disadvantages

Disadvantages

1. £2,500 minimum trade

AxiCorp Financial Services Pty Ltd
AxiCorp Financial Services Pty Ltd

2002 - AFSL 3182320.1%-0.7%$0Bank to bank, Wire, Direct Debit$5000129

Currencies

BBD – Barbados BOB – Bolivia BRL – Brazil BSD – Bahamas BZD – Belize BMD – Bermuda CAD – Canada CLP – Chile COP – Colombia CRC – Costa Rica DOP – Dominican Republic XCD – East Caribbean GTQ – Guatemala GYD – Guyana HNL – Honduras HTG – Haiti JMD – Jamaica MXN – Mexico ANG – Netherland Antilles NIO – Nicaragua PYG – Paraguay PEN – Peru SRD – Suriname TTD – Trinidad & Tobago UYU – Uruguay VEF – Venezuela MIDDLE EAST BHD – Bahrain IQD – Iraq ILS – Israel JOD – Jordan KWD – Kuwait LBP – Lebanon OMR – Oman QAR – Qatar SAR – Saudi Arabia AED – United Arab Emirates YER – Yemen EUROPE ALL – Albania BYR – Belarus BAM – Bosnia BGN – Bulgaria HRK – Croatia CZK – Czech Republic DKK – Denmark EUR – Euro Zone HUF – Hungary LVL – Latvia LTL – Lithuania NOK – Norway PLN – Poland RON – Romania RSD – Serbia SKK – Slovakia CHF – Switzerland SEK – Sweden TRY – Turkey GBP – United Kingdom OCEANIA AUD – Australia FJD – Fiji XPF – French Polynesia NZD – New Zealand PGK – Papua New Guinea SBD – Solomon Islands TOP – Tonga VUV – Vanuatu WST – Western Samoa ASIA AFN – Afghanistan AMD – Armenia BDT – Bangladesh KHR – Cambodia CNY – China GEL – Georgia HKD – Hong Kong KZT – Kazakhstan KRW – South Korea KGS – Kyrgyzstan INR – India IDR – Indonesia JPY – Japan LAK – Laos MYR – Malaysia MNT – Mongolia NPR – Nepal PKR – Pakistan PHP – Philippines RUB – Russia SGD – Singapore LKR – Sri Lanka TWD – Taiwan TH – Thailand VND – Vietnam AFRICA DZD – Algerta AOA – Angola BIF – Burundi BWP – Botswana CVE – Cape Verde XAF – CFA Franc (Cameroon Chad, Central African Republic, Congo, Equatorial Guinea, Gabon) XOF – CFA Franc (Benin, Burkina Faso, Guinea Bissau, Ivory Coast, Mali, Niger, Senegal, Togo) KMF – Comores DJF – Djibouti CDF – DR Congo EGP – Egypt ERN – Eritrea ETB – Ethiopia GHS – Ghana GMD – Gambia GNF – Guinea KES – Kenya LSL – Lesotho LRD – Liberia MGA – Madagascar MRO – Mauritania MUR – Mauritius MWK – Malawi MAD – Morocco MZN – Mozambique NAD – Namibia NGN – Nigeria RWF – Rwanda SCR – Seychelles STD – Sao Tome SLL – Sierra Leone ZAR – South Africa SDG – Sudan SZL – Swaziland UGX – Uganda TZS – Tanzania TND – Tunisia ZMK – Zambia

HSBC Trust AccountsAxiCorp Financial Services Pty Ltd
AxiCorp are your foreign exchange and international payments specialist. A designated account manager will work with you to simplify the process of overseas transfers. You benefit from wholesale exchange rates due to our large currency conversion volumes and low overheads. AxiCorp works with you to remove unnecessary costs from foreign exchange transactions. Always read the terms and conditions and click apply for the application form.Services

Services

International payments, foreign exchange and risk management
AxiForex is regulated in Australia by ASIC. Australian Financial Services Licence No: 318232 ABN 85127606348.
AxiForex is a Member of the Financial Ombudsman Service (FOS).


Advantages

Advantages

1.No registration fee.
2.Personal service from a dedicated account manager.
3.You can hold a multi-currency foreign account with us
4.Easy online registration process.
5.We are able to trade in over 120 currencies.
6.Wholesale exchange rates & no commission or transfer fees.
7.Hedging products are available for price protection.
8.24/5 market-watch service.
9.Same day delivery of funds.
10.Online platform available to all clients.


Disadvantages

Disadvantages

1. Minimum transaction amount of $5000.

Compare Currency Exchange Brokers

Currency exchange brokers help thousands of people every year transfer money safely and easily all over the world.

Why use a Currency Exchange Broker?

There are many reasons why people enlist the services of currency exchange brokers. It might be that you are buying a home overseas, paying family, friends or staff abroad or you are paying for school fees in a different country.

Whatever your currency exchange needs a currency exchange broker can offer you a wide range of choices for exchanging currency fast, safely and at the best exchange rates possible.

Why not go to your bank?

For currency exchange brokers currency exchange is their main focus and they focus on getting clients a rate that is as close to the interbank rate as possible. You will find exchange brokers can offer far better exchange rates than your bank which can save you money. Also unlike the banks you will find there are no commission fees and heavily reduced transfer fees if at all.

Currency exchange brokers offer a fast service and you can get same-day payments unlike many banks. A many services offer an online account you are not restricted to banking hours.

What can Currency Exchange Brokers do for you?

You will work with dedicated currency experts so why not utilise their experience? Currency brokers can offer you a variety of products and services as well as invaluable advice which can save you money. Opening an account is easy and often free.

You will have to the opportunity to minimise your exposure to fluctuations in the currency market. Uncompetitive exchange rates and volatility in the currency markets can be a real problem. However, there are ways of managing this currency exposure and exchange brokers can often tailor made solutions to suit your particular needs.

Choosing the right service for you

It is important that you take the time to research the market to find the currency exchange broker that best suits you and your exchange needs. Use the comparison table above to compare some of the leading exchange brokers.

The exchange rate is obviously the most important aspect to consider but it is important that you look at all the other features involved. You should find out what transfer methods are available to you and how long transfers will take. Make sure you are aware of any fees involved.

Currency Exchange Brokers Latest News

21 Years Without A Recession
22 October 2012
Phoebe Robinson
This is 21st year in a row that Australia has survived without a recession; this is a record growth period for any nation. This announcement was made in a positive assessment of Australians economic health, the director of Deloitte Access Economics, Chris Richardson, said this July marks 21 years since Australia last had a recession.
Read More >>
Currency Exchange Services For Your Business
03 October 2012 16:00
Currency Exchange Australia
No matter what the size or type of your company your accounts will be dealt with by an expert and a currency exchange specialist can add value to your business by offering exchange rates that are better than your bank saving you money.
Read More >>
Australian Dollar Lower Against Stronger USD
25 September 2012 16:00
Currency Exchange Australia
Today, the Australian dollar is more than half a cent lower against a stronger greenback. Earlier, the Australian dollar was trading at 104.07 US cents, down from 104.64 US cents on Friday afternoon.
Read More >>
Australia GDP Below Expectations
07 September 2012 13:00
Currency Exchange Australia
According to a Bureau of Statistics report, Australia’s economy slowed last quarter because a number of other reasons. Gross domestic product in the second quarter advanced 0.6% from the previous quarter when it rose 1.4%. This figure was below expectations.
Read More >>
Australian Dollar Up Following Federal Reserve's Policy Meeting
23 August 2012 18:00
Currency Exchange Australia
The Australian dollar held gains against the US dollar during a volatile session today as the Federal Reserve’s minutes increased hopes of more monetary stimulus. The Aussie edged up despite more bad news on China’s economy.
Read More >>