About us

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Our Company was incorporated to provide a cost effective alternative to the foreign exchange services offered by the High Street banks.

Traditionally individuals and businesses have changed their currency with the banks mostly at unattractive rates of exchange.  Our attraction is in offering a superior service in comparison to other providers, whilst maintaining excellent rates which are rarely matched by our competitors. 

Whether Clients are buying a property abroad or exchanging currency as part of their business requirements our Specialist Currency Traders are on hand to provide the very best service in managing their exposure to the currency markets.  By processing large volumes of trades we can guarantee to quote the most competitive rates. 

Our aim is to ensure that transactions are handled in the most simplistic, efficient and automated manner.  Our focus and investment has been on streamlining our processes enabling us to create the ultimate hassle free, low cost foreign exchange experience.

The close relationship between First Rate FX and Barclays Bank enables us to hold Client funds securely in specially designated Client accounts and to utilise Barclays on-line payment system to transmit same day payments with the utmost security.

We are fully compliant with HM Revenue and Customs and Money Laundering Regulations (MLR No. 12223022).  Company Registration No. 5610566 for England and Wales