Who Are TorFX?

In short Torfx are a leading provider of currency exchange services for both private  individuals and companies. They pride themselves on saving customers money.

The TorFX company mission is ‘to provide outstanding exchange rates, expert guidance and a simple, friendly service that people will recommend to others’.

They are a currency exchange broker and deal direct with the currency markets, which is how they can offer highly competitive exchange rates on all major currencies, often beating the bank’s rate by over 3%.

With their in depth knowledge of what drives the foreign exchange markets, TorFX can help you optimise the timing of your transaction so that you achieve the best exchange rate.

As a currency exchange broker, they are authorised and regulated by the Financial Conduct Authority (FCA) under the Payment Service Regulations 2009 for the provision of payment services

They are licensed as a money transmitter by HM Revenue & Customs and they hold the highest credit rating with Dun & Bradstreet.

Firms authorised by the FCA under the PSR’s are required to;

• safeguard client funds in accordance with the regulations
• maintain a defined level of regulatory capital at all times
• apply stringent governance and risk management procedures throughout the business.

With offices in the UK, mainland Europe, Australia, the USA and South Africa, the group employs over 300 highly-skilled financial services employees.

They process in excess of 3 billion Pounds in foreign exchange and international payments per annum, with 50,000 private clients and over 4,000 corporate clients.

Considering a TorFX review, it is clear that there are many satisfied clients.

Some take the time to post their comments on review sites, such as Trustpilot.com.

These show first hand the positive feedback from customers and provide some confirmation that the TorFX mission, to provide outstanding exchange rates with a service that people are willing to recommend to others, is absolutely being achieved.

The company is winning some great accolades too, for example

• In 2016 and 2017 they won the Moneyfacts Consumer Award for International Money Transfer Provider of the year
• In 2016 and 2017 they won the Moneyfacts Consumer Best Customer Service award.

So whether you are buying overseas property, emigrating, paying bills or making a foreign currency transaction for another reason, Torfx are well placed to help you.

For more information, open an account or simply request a quote, see the TorFX website.