FX Firm Money Transfer Review

the FX firm
Margin Rate
Minimum Transfer
Transaction Fees
Transfer Timescales
Financial Regulation
1%
£5000 minimum transfer
£15 fee for under 5K - No transfer fees over 5K
Sameday delivery on major currencies
FSA regulated only

The FX firm is registered only with the Financial Services Authority under the Payment Services Regulations 2009 for the provision of payment services (FRN 516443) FX Firm Review

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FX Firm Currency Exchange Services

The FX Firm is a new company, but they are certainly making strides in the world of international money transfers. It, therefore, comes as no surprise that FX Firm are so loved amongst both business and individual users. Let me explain a little bit about what they are all about.

FX Firm, from the ground up, has been designed to ensure speedy and simple transactions. If there is an international bank account you want to transfer to, it is likely that FX Firm will be able to help you out. It does not matter the amount of money that you are transferring. The minimum amount you are able to send through the FX Firm system is £1,000, but people are, quite often, sending millions of dollars through it. All you need to do is set up your own trading account through FX Firm, which takes mere seconds, and you should be good to go.

FX Firm deals with millions and millions of pounds worth of transactions each and every year. The main benefit for you is the fact that dealing with this number of transactions really helps to bring down the exchange rate. Sure, the more money you transfer, the better the exchange rate you can get through FX Firm will be, but even those who are transferring smaller sums of money will be able to get exchange rates far better than any bank would be able to offer.

The FX Firm are one of only a few money transfer companies in the United Kingdom which have been FCA authorised. For those who are unaware, this means that the company has to conform to strict regulations when it comes to the handling of your money. Whilst I have never had to deal with a problem with FX Firm, the fact that they are authorised by FCA means that if you ever do run into an issue, you can be sure that you are going to get your money back.

As with most other money transfer companies out there, when you sign-up to FX Firm, you will be assigned your own dedicated personal dealer. The job of your dealer will be to provide you with exchange rate quotes and ensure that you are always going to get the best possible deal. Yes, you can transfer money online, but I find that if you want to get the best possible deals on your money transfer, especially if you are transferring larger amounts, you should get in touch with your dedicated dealer who will be more than happy to provide you with assistance.

Honestly, whether you are a business or individual user, I seriously suggest that you give FX Firm a call today, or at least have a browse through their website. In my experience, the company is dreadfully easy to deal with, and the amount of money that you can save through them, particularly in comparison to your bank, will be more than worth it. You will love sending money on a regular basis.

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Customer Comments

One Response to “FX Firm Money Transfer Review”

  1. Grace says:

    Quick, idiot-proof, good rates and it works every time.

    I asked my mate to recommend a money transfer company that offers a good rate.

    He usually transferred around $40,000 euros to the UK every year for three years. He used fxfirm and hi-fx and since using them they have consistently provided the lowest rate and the quickest way of transferring money

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