TorFX is a UK-based international money transfer provider and currency brokerage, established in 2004 in Penzance, Cornwall. The company specializes in facilitating large-volume currency transfers for both personal and business clients, offering competitive exchange rates and personalized customer service.
One of TorFX's distinguishing features is its commitment to fee-free transfers, meaning clients are not charged additional fees beyond the exchange rate margin. The exchange rate margin varies depending on the currencies involved and the transaction amount, typically ranging between 0.5% and 2%. This structure often results in more favorable rates compared to traditional high-street banks.
Clients benefit from a range of transfer options, including spot contracts for immediate currency exchanges, forward contracts that allow locking in exchange rates for future transactions, and market orders to target specific exchange rates. Each client is assigned a dedicated Account Manager to provide personalized guidance and support throughout the transfer process.
TorFX is authorized and regulated by the Financial Conduct Authority (FCA) in the UK and the Australian Securities and Investments Commission (ASIC) in Australia, ensuring adherence to stringent compliance and security standards. The company holds the highest credit rating with Dun & Bradstreet, reflecting its financial stability and reliability.
With a presence in multiple countries and the capability to handle over 40 global currencies, TorFX has garnered a strong reputation for its customer-centric approach. This is evidenced by its 'Excellent' rating on Trustpilot, with a 4.9 out of 5 score based on over 6,000 reviews, highlighting client satisfaction with its services.
In summary, TorFX offers a comprehensive suite of international money transfer services characterized by competitive exchange rates, fee-free transactions, and personalized customer support, making it a preferred choice for individuals and businesses seeking efficient and cost-effective currency exchange solutions.
