Currency Brokers

Currency Brokers

You will find many Currency Brokers on the web, some large and some are quite small FX companies, they will all be offering you the best exchange rates, best currency exchange service etc and probably a lot more.
When you decide to use a Currency Broker you should always do your homework first.

1: The Broker should be using Client Segregated Accounts and be able to prove it.

2: Always make sure they are covered by HM Revenue & Customs for Money Laundering Regulation.

3: Always make sure they are authorised and or regulated by the Financial Services Authority.

If one or all of the questions are no then buyer beware!

What Currency Broker do you use?

When you can confirm the above, you should then talk to the account manager that will be looking after you. Don't be afraid to ask as many questions as you like. He or she should be very happy to answer them and explain everything in plain English, not jargon. If you don't understand, tell them.

If at this stage you are happy with the Foreign Exchange Broker and your Account Manager is being honest and feel you are getting a good service, then this is the company to use.

I have worked in the Industry for a number of years and would always recommend Baydonhill FX PLC.
Baydonhill FX offer you goods rates of exchange and are honest with clients.

To Get a FREE No Obligation Currency quote