What is a Currency Broker?

Until approximately fifteen years ago, the term Currency Broker was used to describe a firm which brought together traders within the wholesale currency market. They, to all intents and purposes, “made the market” by quoting the best bid and offer prices available for various currency pairs.

With the advent of fintech and the creation of payments firms, the term “Currency Broker” has taken on a broader meaning. The new generation of payments firms are the new currency brokers as they provide pricing from the market direct to the consumer be that corporate or retail.

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CurrencyTransfer.com has a team of experienced advisors who help our clients on every aspect of the FX market from advice on hedging products using the most up to date techniques to ensuring you receive the best price in the market for the deal itself.

Our service does not stop there. We ensure that payments are made in the most efficient manner possible through our network of over (insert number) correspondents and agents worldwide.

CurrencyTransfer.com offers a unique service to our clients where we show the mid-market price for the relevant currency pair and the best available price at which you can complete your transaction.