Foreign Exchange - Currency Exchange

Welcome to Nowall, the site for finding Currency Exchange. Whether you’re buying an asset abroad, have employees based in another country and need to find a way to pay for them, are going on holiday and need options for travel money (traveller’s cheques, travel cash or Travel FX Cards), or simply wish to send money to family or friends overseas - Nowall lists competitive solutions.

Foreign Currency Exchange Brokers

Please see a list of Foreign Exchange Services in the table below. Foreign Exchange specialists are ideal for buying or transferring large amounts of foreign currency, in other words around £5,000 and above. For example, you may need to transfer £17,000 from your GBP account to a Euro account. Using a Foreign Exchange service will not only guarantee you the best exchange rates, but also a much quicker and simpler process. Anyone who’s ever tried to transfer money between currencies with their regular bank knows it can be a lengthy procedure and then the rates are poor too – meaning money is wasted in the exchange. Foreign Exchange banks not only get great rates, but they pass these on to their customers. You may need to transfer or buy foreign currency for a range of reasons, be it buying overseas property, emigrating or for business purposes. In all cases, a Foreign Exchange Specialists can make the process easy. Simply apply (use the “Apply” button next to your chosen company below) and a broker will call you to arrange an account set-up. This is so quick that in most cases you can make the transfer within hours.

Company Spread / Margin Fees FSA HM Rev & Cust Transfer Methods Transfer Options Min CCY Accounts More Info

World First

0.1-0.7% £0 above £5000, £15 fee under £5000 Yes Yes Regular Payments, Forward Contacts, Spot Contracts, Stop Loss Orders, Limit Orders, Hedging strategies, Currency Options UK bank to foreign bank or vice versa £1000 47 Currencies HSBC Trust Accounts
World First is the UK's leading currency exchange broker, offering private individuals and companies the ability to achieve significantly better foreign currency exchange rates with exceptional levels of service. They are headquartered in London with offices in Australia and New Zealand. World First was the first foreign exchange broker FSA authorised to offer 'currency options' (hedging strategies).

Currencies Direct

0.2-1% £0 Yes Yes Regular Payments, Forward Contacts, Spot Contracts, Stop Loss Orders, Limit Orders UK Bank to Foreign Bank or vice versa £1000 33 Currencies HSBC Trust Accounts
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.

Moneycorp

0.25-1% £0 above £5000 Yes Yes Regular Payments, Forward Contacts, Spot Contracts, Stop Loss Orders, Limit Orders International Transfers £5000 76 Currencies HSBC Trust Accounts
Moneycorp is a foreign exchange and international payments specialist. They will monitor the currency markets on your behalf – achieving the best possible rates of exchange, no matter how complex your requirements. Moneycorp offer free information and guidance on the markets, helping you decide on the best time to buy your currency.

TorFX

1% Max £0 above £5000 No Yes Regular Payments, Forward Contacts, Spot Contracts, Stop Loss Orders, Limit Orders UK Bank to Foreign Bank - Telegraphic Transfer / CHAPS / BACS Anywhere In The World £250 68 Currencies BARCLAYS Trust Accounts
Leaders in Foreign Exchange "Our company's mission is to provide outstanding exchange rates, expert guidance and a simple, friendly service that people will want to recommend to others." TorFX is one of the UK's leading currency brokers, providing individuals and companies with money saving foreign exchange services.

Halo Financial

0.1-1% £15 fee under £5000 No Yes Spot Contracts, Forward Contracts, Regular Currency Transfers, Automated Currency Orders UK bank to foreign bank or vice versa and foreign bank to foreign bank £1000 31 Currencies BARCLAYS Trust Accounts
Halo Financial, a UK based foreign exchange broker, has developed a reputation for delivering excellent value and valued expertise in the provision of currency services. They are regularly interviewed on financial television channels such as Bloomberg and CNBC and are entrusted to manage the currency requirements of private individuals as well as international businesses. Halo Financial Ltd provides a cost effective alternative to your bank; providing a far more efficient and effective way for you to save time and money when transferring currency overseas.

Smart Currency Exchange

0.1-1% £10 fee under £3000 Yes Yes Spot Contracts, Forward Contracts, Regular Currency Transfers UK Bank to Foreign Bank or anything else £500 27 Currencies BANK OF IRELAND Trust Accounts
Smart is the only UK currency exchange that doesn't pay traders any commission. Smart is therefore able to offer good customer service, avoid a conflict of interest, and give bank-beating exchange rates to clients. Smart has been in business for 5 years and have gone from strength to strength delivering excellent service, minimising hassle from money transfers and currency fluctuations; and using currency strategies that banks won't tell you about to save you even more.