UKForex Money Transfer Review

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Margin Rate
Minimum Transfer
Transaction Fees
Transfer Timescales
Financial Regulation
1%
£1000 minimum transfer
£7 fee for under 3K - No transfer fees over 3K
Sameday delivery on major currencies
Fsa authorised and regulated

UKForex is authorised and regulated by the Financial Services Authority (FRN: 521566) for the provision of payment services. UKForex Review

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UK Forex Currency Exchange Services

UK Forex is not the most well-known money transfer company out there, but they are certainly making huge strides towards getting noticed. On this page, I want to talk to you a little bit about my experiences using UK Forex to transfer money.

Right off the bat, you will see that transferring money through UK Forex is actually remarkably simple. There are a few money transfer websites out there which are dreadfully difficult to use. In fact, there are a few huge sites out there, some of which boast some pretty decent exchange rates, which I won’t go near simply because they are so difficult to use. That is not a problem with UK Forex. It is simply a case of typing in the amount of money you wish to send and you are good to go. The registration is completely free.

One of the things that I absolutely love about UK Forex is the fact that you can set yourself up alerts. The purpose of these alerts will be to inform you if your selected currency pairing meets a particular criteria. If it does, you can hop in there and send your payment, no hassle at all.

UK Forex is one of the best sites I have ever used in terms of the amount of currencies that you can transfer between. As you may well know, there are plenty of websites out there which offer just ten or so currency pairings. This is not ideal. I mean, it is fine if you are transferring between some of the bigger currencies, but any more than this and you have a problem. Thankfully, that is not an issue with UK Forex. You can transfer in between 50 different currencies. This means you should be able to find what you want, unless it is incredibly obscure, but that is going to be incredibly well.

One of the biggest strengths of UK Forex is the fact that their currency exchange rates are low. Obviously, they are not going to be the lowest around, this is a small company in comparison to others out there, but the rate is incredibly low. We are talking a difference of mere pounds, even at those bigger exchanges. This means that this company certainly does deserve your business. They have worked hard to bring down their rates

Transfers through UK Forex tend to be rather quick. You can generally send money anywhere in the world within one to two days. This transfer time is actually hampered by the business that you are sending to as opposed to having anything to do with UK Forex. This makes the company one of the fastest to transfer around.

I find that UK Forex is perfect for both individuals and business users. It is simple enough to use and the prices are cheap enough that this makes it a good go-to currency transfer company. You will even want to use it when you are transferring thousands upon thousands of pounds. It really is that good.

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Customer Comments

11 Responses to “UKForex Money Transfer Review”

  1. Colin Henderson says:

    Another transaction carried out for me by the UK forex team, the process is so simple. I received the confirmation email that the payment had been sent and shortly afterwards the money was in my account. The service cannot be faulted, thank you.

  2. Colin Forsyth says:

    UK forex have been more than helpful. Thank you. Delighted you manage to undercut LLoyds Bank every time.

  3. Lee Vier says:

    Great first class service! my bank could learn a lot from you guys!

  4. Lesley Dutch says:

    Your service was very good, David Nicholls even phoned me in Australia.

  5. Mary Brumby says:

    Appreciated their speed and efficiency of their service.

  6. Sue Atkins says:

    This is the first time we have used UK FOREX and have been impressed with both the efficiency and friendly personal service provided.

  7. Heather Cannon says:

    I am more than pleased with your service. I am just an ordinary person in that I do not send huge amounts of money overseas but when I do so I am treated with the utmost courtesy by all of those I have had dealings with at this company. The process is also very uncomplicated. Thank you.

  8. Neil says:

    An excellent a friendly service that I get every year from David Nicholls.

  9. Ian says:

    Excellent comparison service, this was the first time I have used Send Money Home and it will certainly not be the last. I got a better rate than my bank offered and didn’t have to pay transfer fees from the UK to the USA using UKForex.

  10. Woodhead says:

    At the moment I only seek the occasional assistance with a money transfer but, it is possible that at some time in the future a more regular service could be required. Thank you for your services so far which have fulfilled all they promised.

  11. David Batchelor says:

    I don’t think you could better your current quality of service; at least whilst you have David Nicholls working with you!

    He made the process of purchasing a property in France so very easy. His financial expertise and his natural ability to provide a customer with a quick and empowering financial Master-Class; along with with his wonderful, down-to-earth and highly professional approach; and warm and quick sense of humour, make him a super-star asset to ukforex!

    I am most grateful for his first-rate, customer-care focused service. Thanks to the recruitment personnel who recognised his genius!

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