Money Transfer - 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
FTT statement on Crown Currency liquidation.read more... 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 same day payments.read more... NY listed broker partners with FTT.read more...Currency Broker
Traditionally, all Foreign Exchange has been transacted by Banks.
Banks tend to give poor exchange rates for amounts below £1,000,000. Banks typically charge 1.5% to 4% of the amount converted when dealing with personal or small business clients.
In response to the poor rates offered by Banks, Currency Brokers have become more mainstream over the last 10 years. Currency Brokers bulk transactions from many clients into larger amounts. They then trade these larger amounts on the wholesale currency markets which gains them better exchange rates. Currency Brokers can save money for clients when compared with transacting through a Bank. However, traditional Currency Brokers operate expensive business models as they employ large numbers of highly paid traders to price and book transactions over the telephone. The cost of these traders is passed onto the client in terms of poorer exchange rates. Traditional Currency Brokers typically charge 1.0% and 1.5% of the amount converted when dealing with personal or small business clients.
FTT Currency is one of the few truely online currency exchange
companies in the world. Our online system allows you to exchange currencies 24
hours per day, 7 days per week. As many of our clients deal online, we don't need to employ as many high paid staff as traditional Currency Brokers and these savings are passed onto our clients. Support is a key aspect of the FTT service and we have used a portion of the funds saved employing less voice traders to employ technical, settlement and foreign exchange specialists based in the UK to support our clients. FTT typically charge less than 0.5% when dealing with personal or small business clients.
The Currency Exchange Rates in this table are indicative and should be used as a guide only. For a tradable quote for the exact amount that you need to trade, please use the tool above or visit our homepage.
GBP
USD
EUR
AED
AUD
CAD
CHF
CZK
DKK
HKD
HUF
INR
JPY
MXN
NOK
NZD
PLN
QAR
SAR
SEK
SGD
THB
TRY
XCD
ZARFTT 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.
