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IFX
IFX
        
International Foreign Exchange (IFX) is a leading FSA regulated currency exchange specialist providing expert and highly cost-effective foreign exchange and money transfer services, helping its clients reduce the risk from currency fluctuations. Based in Mayfair, London IFX offers a proactive service working with clients to achieve the maximum rate of exchange within their timescales. IFX can help minimise the risk associated with foreign exchange transactions, provide peace of mind and save you money. All IFX private clients are assigned a dedicated account manager who will take the time to fully understand your requirements and concerns, and will work with you through every step.
Locations: UK
Forward ContractsRegular Payments
Join Mailing List
Join IFX mailing list and receive free foreign exchange reports.
Advantages
1. Fixed margin between 0.1%-0.9% depending on size of transaction.
2. Large buyers of currency which enables us to achieve tighter rates from our bank.
3. One point of contact throughout your transaction process keeping you informed of market. movements and working with you to achieve the maximum rate within your timescales.
4. Prepaid currency card available to all IFX customers.
5. Free registration with no obligation to trade.
6. Able to offer no receiving bank charges.
7. All client funds are held in a segregated account with our banking partner Barclays.
8. Daily market reports available on request.
Disadvantages
1. Longer registration process no non UK residents.
Terms and Conditions
See website for details.
Additional Services
1. Spot Contracts - Allows you to buy currency for immediate delivery
2. Forward Contract - Buy currency at today’s rates for delivery at a future date protecting you against market fluctuations.
3. Limit Orders - Nominate your target rate and IFX will monitor market movements over an extended period if necessary and execute the trade once the desired rate is achieved.
4. Stop Loss - Set a minimum rate you wish to trade at.
5. Prepaid Currency Card - Avoid airport Bureau de Change costs and save on overseas bank charges.
Transfer and Currency
Transfer Options:
UK bank to foreign bank or vice versa
Transfer Speed:
Same day EUR, USD & CAD. Other currencies 24 hours.
Minimum Exchange: £1000
Currencies Available: 50 Accounts
Trust Accounts: BARCLAYS Trust Accounts
Costs, Rates and Fees
Margin: 0.9%
Margin Explained: 0.1-0.9% based on volume
Fee: £0.00
Improved FX Rate with Larger Volume: Yes
Online Registration: Yes
Regulation
FCA Regulated: Yes
HM Revenue & Customs Regulated: Yes
        
REVIEWS
International Foreign Exchange (Which Way To Pay - 8/10/2009)
International Foreign Exchange is ranked 4 out of 5. Based on 1 review.

4 Star Rating

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