What We Do
We exchange currencies at the best rate and make international payments and money transfers simple.
We save you time and money by offering the best rates, zero commission and no fees. Online and anytime, 24/7.
How It Works
See how easy it is by viewing our 45 second demo.
What's New
Choose the target rate for your currency exchange.read more... FTT underwritten by A-rated insurer to £1M per claim.read more... Euro, US and Canadian Dollar payments settled same day.read more... NY listed broker partners with FTT.read more...Currency Conversion Rates
Currency markets are the fastest moving and most difficult to predict of all financial markets. Markets move every few seconds so visit this page for up to the second currency conversion rates.
Note: The conversion rates in this table are indicative and should be used as a guide only. For a tradable conversion rate for the exact amount required that you need to trade, please visit our homepage.
Types of Currency Exchange
Cash FX – Exchanging one currency for another when you have cash is a simple way to perform an FX transaction. However, be aware that you are likely to pay between 2% and 8% when you perform this type of FX transaction.
Currency Broker FX – You can use a currency broker to convert currencies instead of you Bank. Brokers hold accounts in all currencies. Transfer the currency that you are paying, the broker will convert the funds to the required currency and will then wire the converted funds to the destination bank. Brokers typically charge between 0.75% and 1.5%
FTT FX – FTT Currency enables you to send funds in any currency to any bank account in the world. The FTT system is available on-line, 24x7. You can convert immediately, book a forward FX contract or set a target rate for your FX transaction. FTT typically charge between 0.25% and 0.5%.
FTT SERVICES
Online System - Our unique and simple to use system enables clients to book Instant FX, Forward FX and FX Order Contracts online, 24 hours a day, 7 days a week. We are the only company who provide this range of services to private individuals and small business clients.
Telephone Services - Call us during UK business hours and speak with one of our highly experienced FX traders. All of our trading staff have over 20 years experience in the FX markets. We do not hire junior sales people
and give them scripts to sound like FX experts.
Our Traders will help you with advice on the types of FX products available and how best to use them.
NOTE: WE WILL NEVER PREDICT THE FX MARKET DIRECTION. IF WE KNEW WHERE IT WAS GOING WE WOULD ALL BE RETIRED AND LIVING ON OUR YACHTS BY NOW. DON’T TRUST ANYONE WHO TRIES TO TELL YOU WHERE THE FX MARKET IS GOING. THEY ARE GUESSING TO TRY AND IMPRESS YOU TO GET YOUR BUSINESS.
Risk Advisory - If you have more complex or a series of FX needs over a period of time, we are happy to talk this through with you and make recommendations on which tools and strategies might best address your needs.
Latest Currency Conversion Rate News
08 September 2010 15:28 - Anglo Irish Bank break up
The Irish government is breaking up the nationalised Anglo Irish Bank. The failed lender will be split in two. There will be a funding bank and an asset recovery bank.
FTT Trading Desk: www.fttcurrency.co.uk
08 September 2010 15:26 - Canada interest rate change
The Bank of Canada has raised interest rates by a quarter-point to 1% in its third rise this year. Canada became the first of the leading Group of Seven developed nations to move rates higher since the start of the economic crisis when it increased lending rates to 0.5% in June.
FTT Trading Desk: www.fttcurrency.co.uk
07 September 2010 21:20 - Euro price decline
The Euro exchange rate has dropped due to emerging reports that some of the European banks may not have reported their exposures to sovereign debt properly. In addition, there was further bad news due to a decline in German factory orders.
FTT Trading Desk: www.fttcurrency.co.uk
24 June 2010 16:14 - Currency Rate Update
The pound has hit a 19-month high as debt woes weigh down on the Euro. Sterling touched 1.2222 Euros during trading on Thursday. This is the highest Sterling has reached since the Financial crisis. Markets continue to worry about the European debt crisis, with the perceived risk of a default by Greece hitting an all-time high.
FTT Trading Desk: www.fttcurrency.co.uk
16 June 2010 18:47 Currency Update
The Euro rose 0.9% against the US Dollar and was trading at $1.2332. The gain in the Euro signalled growing confidence with Europe's ability to deal with its debt crisis.
FTT Trading Desk: www.fttcurrency.co.uk
First impressions: Google Instant search (CNET Australia)
First impressions: Google Instant search (CNET Australia)
Hugh Muir's Diary (Guardian)
Hugh Muir's Diary (Guardian)
China rejects currency pressure amid US visit (SignOnSanDiego.com)
China rejects currency pressure amid US visit (SignOnSanDiego.com)
NBN green-lit, but Labor on notice (CNET Australia)
NBN green-lit, but Labor on notice (CNET Australia)
Strong yuan would hurt China: economists (Reuters)
Strong yuan would hurt China: economists (Reuters)
Strong yuan would hurt China: economists (Reuters) (Yahoo!)
Strong yuan would hurt China: economists (Reuters) (Yahoo!)
Peer review is no picnic | Jenny Rohn (Guardian)
Peer review is no picnic | Jenny Rohn (Guardian)
Toyota Feels Exchange-Rate Pinch as Rivals Gain (New York Times)
Toyota Feels Exchange-Rate Pinch as Rivals Gain (New York Times)
US home sales in record July slump (Guardian)
US home sales in record July slump (Guardian)
StarCraft II: Wings of Liberty price check (Guardian)
StarCraft II: Wings of Liberty price check (Guardian)
Stock Market News for August 4, 2010 - Market News (Zacks)
Stock Market News for August 4, 2010 - Market News (Zacks)
The Clean-up Crew (INC.com)
The Clean-up Crew (INC.com)
The government's pension tax reforms are a welcome relief (Guardian)
The government's pension tax reforms are a welcome relief (Guardian)
Top stories of the day: China macroeconomy ? Sept. 1 - istockAnalyst.com (press release) (Google News)
Top stories of the day: China macroeconomy ? Sept. 1 - istockAnalyst.com (press release) (Google News)
Neutral On Liberty Global - Analyst Blog (Zacks)
Neutral On Liberty Global - Analyst Blog (Zacks)
China trade surplus widens further (Financial Times)
China trade surplus widens further (Financial Times)
August 20, 2010: Organ Donation (pbs)
August 20, 2010: Organ Donation (pbs)
Can non-linear real shocks explain the persistence of PPP exchange rate disequilibria? (Wiley InterScience)
Can non-linear real shocks explain the persistence of PPP exchange rate disequilibria? (Wiley InterScience)
China central bank man urges more flexible yuan (The Sydney Morning Herald )
China central bank man urges more flexible yuan (The Sydney Morning Herald )


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