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FAIRFX
FairFX
        
FairFX has taken a revolutionary approach to the whole foreign exchange market for both individuals and businesses. We cut out the middle man and use state of the art technology to execute your orders and get your money to you. FairFX was created to provide much needed value-for-money and transparency in the Foreign Exchange markets for both individual consumers and for businesses. From businesses involved in importing/exporting or with foreign currency income/expenses through to private individuals buying/selling a property abroad, emigrating or importing items. FairFX customers will get a consistent, transparent and FAIR price.
Locations:
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Join FairFX mailing list and receive free foreign exchange reports.
Advantages
1. FairFX offer the security of dealing with a Public Limited Company.
2. FairFX offers their clients market leading and finely priced foreign exchange rates.
3. FairFX will advise you on the best product to use for your foreign exchange requirements- FairFX Currency Card/Travel Money/ Bank Transfer.
4. FairFX will not charge any commissions.
5. FairFX do not charge any management fees
6. FairFX have no hidden charges.
7. FairFX charge low bank transfer fees.
8. FairFX will quote forward rates as far as two years in the future, offering clients the flexibility to securing a rate today for a future purchase.
9. FairFX will remit your funds via a reliable, efficient and secure international payment network.
10. FairFX offer facilities to transfer less than 2,500.00
11. FairFX offers a service where you can speak directly with experienced professionals who are specialist in the foreign exchange sector.
Disadvantages
1. No Online Registration
Terms and Conditions
FairFX PLC is required to comply with Anti-Money Laundering regulations. FairFX do not charge customers to set up an account and there is no obligation to trade. When buying/selling currency you enter into a legally binding contract and the foreign exchange rate is fixed for you.
Extra Services
1. Spot FX Pricing
2. Forward FX Pricing
3. Stop Loss Orders
4. Limit Orders
5. FairFX Currency Card
6. Travel Money
Transfer and Currency
Transfer Options:
Telegraphic Transfer / CHAPS / BACS
Transfer Speed:
Once client funds have been received, beneficiary funds will usually be transferred within 24 hours.
Minimum Exchange: 2500
Currencies Available: Accounts
Trust Accounts:  Trust Accounts
Costs, Rates and Fees
Margin: 0.9%
Margin Explained: Maximum 0.9% from Interbank spot rate
Fee: £0.00
Improved FX Rate with Larger Volume: Yes
Online Registration: No
Regulation
FCA Regulated: No
HM Revenue & Customs Regulated: Yes
        
REVIEWS
FairFX (Which Way To Pay - 15/7/2008)
FairFX is ranked 4 out of 5. Based on 1 review.

4 Star Rating

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