TorFX Review

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TorFX are Leaders in Foreign Exchange

“TorFX mission is to provide outstanding exchange rates, expert guidance and a simple, friendly service that people will want to recommend to others.” – Jon Beddell (Managing Director).

Key Facts:

• In 2009 TorFX transacted over £400,000,000 in foreign exchange.
• TorFX is authorised and regulated by the Financial Services Authority under the Payment Service Regulations 2009 for the provision of payment services.
• Over 60 employees.
• More than 20,000 clients.
• Member of the UK Money Transmitters Association.
• Segregated client accounts held with Barclays Bank Plc.
• In 2008 TorFX achieved 2nd place in the Sunday Times Fast Track 100 list, for being one of the UK’s fastest growing independent companies.
• In 2010 TorFX was awarded “Best European Currency Broker” by Overseas Living Magazine.

In 2008, around one third of our currency transactions were made by individuals repatriating funds. If you are moving funds back to the UK, you could make a substantial profit from the exchange rate. Using a foreign bank to make your currency exchange could be expensive due to poor rates and unexpected charges.

Using TorFX for the repatriation of your money gives you access to our highly competitive exchange rates, resulting in more sterling than if you used the bank.

TorFX can offer you:

• Unbeatable exchange rates with no commission or charges, up to 5% better than the banks.
• Ability to fix your exchange rate up to one year ahead
• Fast, free international money transfers
• Regular market updates by email
• Expert advice and guidance
• Direct access to your own currency account manager
• Online account opening in just two minutes
• Regular payments plans

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