Foreign Exchange FAQs
Foreign Currency Exchange FAQs

CURRENCY EXCHANGE RATES

Currency exchange rates * live exchange rates * foreign currency exchange rates * Euros * Pound * buy currency * emigrating * buying overseas property * get the best currency exchange rates from a foreign exchange broker who understand the currency markets

1) Why WindsorFX?
WindsorFX is able to obtain highly advantageous rates of exchange through our established relationships with major UK currency brokers, providing clients with great rates, and a high level of personal service compared to dealing through your bank.

2) Is my money safe?
Only brokers who are regulated by HM Revenue & Customs will be recommended by WindsorFX. Any broker recommended by WindsorFX will operate segregated client currency accounts for complete security of funds. This should be a major consideration when selecting an FX broker.

3) How does it work?
Once you request a quote from WindsorFX, we will put you in touch with an accredited currency broker who is best suited to your transaction type. Once you have registered, you are able to trade direct with your account manager over the telephone.

4) How easy is it to open an account?
Account opening is simple and will only take you a few minutes. You will be asked to complete a one page registration form, and provide a photocopy of your passport/other photo I.D. and a recent utility bill from your home address. Forms can be faxed or emailed for same day account processing.

5) Why shouldn't I use my bank?
Dealing through your bank will probably result in an exchange rate significantly worse than that obtainable from an independent currency broker. The difference could be as much as 4%, which is very costly on a large transfer. In addition to making significant savings, you will also be able to talk to a dedicated currency specialist who can explain the process and help guide you through your transaction, ensuring you have access to market information and advice, so you can make an informed decision.

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