Who Are TorFX?

In short Torfx are a leading provider of currency exchange services for both private  individuals and companies. They pride themselves on saving customers money.

The TorFX company mission is ‘to provide outstanding exchange rates, expert guidance and a simple, friendly service that people will recommend to others’.

They are a currency exchange broker and deal direct with the currency markets, which is how they can offer highly competitive exchange rates on all major currencies, often beating the bank’s rate by over 3%.

With their in depth knowledge of what drives the foreign exchange markets, TorFX can help you optimise the timing of your transaction so that you achieve the best exchange rate.

As a currency exchange broker, they are authorised and regulated by the Financial Services Authority under the Payment Service Regulations 2009 (PSRs) for the provision of payment services.

Firms authorised by the FSA under the PSR’s are required to;

• safeguard client funds in accordance with the regulations
• maintain a defined level of regulatory capital at all times
• apply stringent governance and risk management procedures throughout the business.

Based in Cornwall, they have over 50 employees and more than 20,000 clients. Turnover in 2010 exceeded £600,000,000.

Considering a TorFX review, it is clear that there are many satisfied clients.  Some take the time to post their comments on review sites, such as reviewcentre.com.

These show first hand the positive feedback from customers and provide some confirmation that the TorFX mission, to provide outstanding exchange rates with a service that people are willing to recommend to others, is absolutely being achieved.

The company is winning some great accolades too, for example

• In 2010 it was awarded ‘Best European Currency Broker’ by Overseas Living Magazine
• In 2010 it achieved 23rd place in the Sunday Times Fast Track 100 list, for being one of the UK’s fastest growing independent companies.

So whether you are buying overseas property, emigrating, paying bills or making a foreign currency transaction for another reason, Torfx are well placed to help you.

For more information, open an account or simply request a quote, see the TorFX website.