FX solutions
33 FX specialists and 10 multi-currency accounts, side by side: the exchange margin each one publishes, whether it offers forward contracts, what account you hold and where it is licensed. For most specialists, the comparison starts with a quote.
10
of 33 specialists publish an FX price
The rest quote each trade: ask for the margin over mid-market in writing.
19
offer forward contracts
Fix today's rate for a payment months ahead, against a deposit.
10
multi-currency accounts to benchmark
Wise, Airwallex, Revolut and others that publish their margin.
From each provider's own price list, fee schedule, terms and hedging pages, checked October 2026. "As low as" marketing figures are never used as a rate.
Compare
Filter by where the provider is licensed, by forward contracts or by a published price. A figure marked floor is the lowest rate published, not the rate most businesses get.
| Provider | FX price as published | Forward contracts | What you hold | Currencies | Licensed in |
|---|---|---|---|---|---|
| Alpha GroupFX specialist with an accountPart of Corpay since November 2025 | Quoted per trade | Not published | Dedicated IBANs in the company's name | 145 | GB, MT, CA, AU |
| AmnisFX specialist with an account | 0.2–0.4%By plan. Higher on conversions under CHF 10,000 | Offered | IBAN in your company's name (LI and DE) | 29 | LI |
| Atlantic MoneyFX dealer, no accountOwned by Deel | 0% markup + £3 / €3 | Not offered | No account: each transfer is funded from your own bank account against a quote, converted and paid out; nothing is held | 9 | GB, BE |
| BoundFX dealer, no account | 0.25–0.75% | Offered | E-money wallets issued by Bound, one per currency, in 36+ currencies, pooled in safeguarding accounts; no account details in your name published | 36 | GB |
| CaxtonFX specialist with an account | Quoted per trade | Up to 12 months | Not published | 28 | GB |
| Clear TreasuryFX dealer, no account | Quoted per trade | Up to 12 months | Pooled payment account per currency, funded by paying into Clear Treasury's bank account with a reference; no account details in your name | 35 | GB |
| ConveraFX dealer, no account | Quoted per trade | Up to 24 months | Pooled holding balance in 60+ currencies for up to 180 days; no account details in your name | 140 | GB, LU, SG, AU, HK, CA, US |
| CorpayFX specialist with an account | Quoted per trade | Offered | Local account details in the company's name | 25 | GB, IE, AU, SG, CA, US |
| Currencies DirectFX specialist with an accountSame group (Redpin) as TorFX | Quoted per trade | Up to 24 months | Not published | 40 | GB, ES, PT |
| Currency SolutionsFX specialist with an account | Quoted per tradeA markup is added to the exchange rate | Offered | Local UK, EU and US account details in the company's name | 34 | GB |
| CurrencyFairFX specialist with an account | 0.53%On average, as stated by CurrencyFair; a margin on the live rate, or a rate you set on the marketplace | Not published | None: pooled accounts with your CFID | 23 | IE, SG, HK, AU |
| CurrenxieFX specialist with an account | 0.35–0.6%At the mid-market rate. 0.35% for 15 main currencies, 0.40% AED and CZK, 0.50% HUF, IDR, ILS, INR, PHP, THB, VND and ZAR, 0.60% MXN, MYR, RON and SAR, and 0.10% between USD and HKD | Not published | Virtual bank accounts in 15 currencies | 17 | HK, GB, IE, AU, CA, MX, ZA, US |
| EburyFX specialist with an account | Quoted per trade | Up to 10 years | Local collection accounts in 13 currencies | 28 | GB, AE, BE, AU, NZ, CA, LT, CY, CH, HK, SG, BR, ZA, MX, CL |
| Equals MoneyFX specialist with an account | Quoted per trade | Offered | Multi-currency IBAN | 60 | GB |
| FinmoFX specialist with an account | 0.5–1%0.5%: USD, EUR, GBP, JPY, AUD, NZD, CAD, CHF, NOK, SEK and SGD; 1%: Other currencies | Not published | Named business accounts with local account details | Not published | SG, AU, NZ, GB, US, CA, AE, HK |
| iBanFirstFX specialist with an account | Quoted per trade | Up to 24 months | IBANs in your company's name, with local details in nine countries | 25 | BE, GB |
| IFX PaymentsFX specialist with an account | Quoted per trade | Offered | Dedicated virtual IBANs in your business name | 66 | GB, AE |
| InstaremFX specialist with an accountPart of Nium | Quoted per tradeThe rate is shown and locked when you set up the payment; no margin is published | Not published | Local bank details in eight currencies (Global Collection Account, on approval) | 8 | SG, AU, GB, LT, HK, MY, ID, JP, CA, US |
| LianLian GlobalFX dealer, no account | 0.5% (UK and US sites) | Not offered | Pooled e-money wallet with collection accounts for marketplace payouts; LianLian collects as your agent and only from payers it approves; no account details in your name published | 6 | LU, GB, HK, US |
| LumonFX specialist with an account | Quoted per trade | Not published | Not published | 57 | GB, IE, PT |
| Millbank FXFX specialist with an account | Quoted per tradeMillbank FX earns from the spread | Offered | Named multi-currency account in the business's name | 38 | GB |
| MoneycorpFX specialist with an account | Quoted per trade | Up to 24 months | Multicurrency IBAN | 130 | GB, AE |
| OFXFX specialist with an account | Quoted per trade | Up to 12 months | Local account details in GBP, EUR, USD and CAD | 34 | GB, AU, IE, SG, HK, NZ, CA, US |
| PingPongFX specialist with an account | Quoted per tradeThe live rate is shown on the withdrawal and payment pages before you confirm; no margin is published | Not published | Receiving accounts in your business name with IBANs or local account details, one per platform | 31 | GB, LU, HK, SG |
| PrivalgoFX specialist with an account | Quoted per tradeQuoted per trade: a percentage that varies by currency pair and amount; the portal shows Privalgo's buy rate next to yours | Up to 24 months | Named accounts in your company's name and virtual IBANs | 38 | GB, NL |
| SokinFX specialist with an account | From 0.3%floorMajor currencies from 0.3%, others from 0.8% | Not published | Local and international account details | 30 | GB, NO, US, CA, AU, AE, SG |
| SunrateFX dealer, no account | Quoted per trade | Offered | Virtual sub-accounts on bank accounts Sunrate owns, with a multi-currency balance; its agreement says the bank account does not belong to you | Not published | SG, GB, HK, CN |
| TazapayFX specialist with an account | Quoted per tradeTazapay sets the rate and may include its own markup; customised FX on the Custom plan | Not published | Named collection accounts in your company's name with a local account number or IBAN, held by Tazapay | 51 | SG, CA, US, AU, HK |
| TorFXFX dealer, no accountSame group (Redpin) as Currencies Direct | Quoted per trade | Up to 24 months | Pooled e-money wallets per currency, funded by paying into a TorFX bank account; no account details in your name | 40 | GB, ES |
| VertoFX specialist with an account | Quoted per trade | Not published | Account details in USD, EUR and GBP | 48 | GB, US, ZA, AE, CA |
| WorldFirstFX specialist with an account | Up to 0.5%0.3% for the first six months | Up to 24 months | Local account details in your name | 92 | GB, NL |
| XTransferFX specialist with an account | Quoted per tradeNo separate conversion fee ('currently free of charge'); the margin in the rate is not published | Not published | Receiving accounts in your company's name (sub-accounts at partner banks) | 41 | HK, GB, NL, SG, AU |
| YouBizFX specialist with an account | 0.1–0.4%The difference YouBiz states between its exchange rates and wholesale rates ('typically 0.1 to 0.4%'). The '0% FX fees' headline means no separate fee on card spending abroad or on exchanges between your currency accounts | Not published | One account number in your company's name for all eight currencies (not an IBAN) | 19 | SG, AU |
| 3S MoneyMulti-currency account | 1%The fee for each conversion is shown when you start it | Not published | Local IBANs in your company's name | 57 | GB, LU, AE, HK |
| AirwallexMulti-currency account | 0.5–1%0.5% on 11 major currencies, 1% on the rest | Not published | Local account details in 15 currencies | 24 | GB, AU, CA, CN, HK, ID, IL, JP, LT, MY, NL, SG, US |
| AspireMulti-currency account | From 0.46%floor | Not published | Local and international account numbers | 8 | SG, HK, AU, NL, CA, ID |
| FloatMulti-currency account | 0.25–1.5%0.25%: Conversions between CAD and USD inside Float, on top of the live interbank rate; 1.5%: Send Money and Bill Pay payments in a currency other than your CAD or USD balance | Not published | CAD and USD account numbers for your business; SWIFT details are an IBAN at a UK partner bank | 21 | CA |
| LoopMulti-currency account | 0.12–0.47%By plan. Conversions between your Loop accounts and international payments, built into the rate shown | Not published | Local account details for CAD, USD, EUR (IBAN) and GBP (sort code) | 29 | CA |
| PayoneerMulti-currency account | 0.5%Between your Payoneer balances | Not published | Local receiving account details | 19 | GB, IE, US, SG, HK, JP, AU, IN |
| Revolut BusinessMulti-currency account | 0.6%Above your plan's monthly allowance (£1,000 on Basic, £15,000 on Grow, £60,000 on Scale); 1% outside market hours | Up to 24 months | GBP current account with local details in other currencies | 36 | GB, LT, CY, GI |
| StatrysMulti-currency account | From 0.1%floorMajor currencies from 0.1%, others from 0.15% | Not published | Local account details in your company's name | 18 | HK, SG |
| VennMulti-currency account | 0.25–0.45%By plan. Conversions between your balances and transfers converted into another currency | Not published | Local account details for CAD, USD, GBP and EUR | 33 | CA |
| Wise BusinessMulti-currency account | From 0.24%floorVaries by currency; a volume discount applies once you convert more than £20,000 (checked 19 October 2026) | Not offered | Account details in 22 currencies, local in 10 | 40 | GB, BE, AU, BR, CA, HK, ID, JP, MX, PH, SG, TH, AE, US |
Bank
Convenient, often the most expensive: the margin is built into the rate and rarely stated. Rates for larger amounts are negotiable.
Multi-currency account
Wise, Airwallex, Revolut Business and others publish their margin and give you account details in several currencies. Few offer forward contracts.
FX specialist
Brokers and payment institutions that quote per trade, offer forward contracts and assign a dealer. Best for larger amounts and known future payments.
Published prices
The rest say the rate is set when you trade. That makes them hard to compare from the outside, but not more expensive by default: a dealer quoting per trade can beat a published price on a large amount. What matters is the margin over the mid-market rate on your amount, in writing.
Ask each provider for three things before you sign: the margin over mid-market on your typical amount and currency pair, any fee per payment on top, and the deposit for a forward contract.
The margin is the gap between the mid-market rate and the rate you get. Every 0.1% is 100 on a 100,000 conversion, in whatever currency you convert from.
| Margin | Cost on 100,000 | On 1,000,000 a year |
|---|---|---|
| 0.25% | 250 | 2,500 |
| 0.5% | 500 | 5,000 |
| 1% | 1,000 | 10,000 |
| 2% | 2,000 | 20,000 |
| 3% | 3,000 | 30,000 |
Hedging
Spot
Exchange now at today's rate, settled within two working days. Every provider on this page does it.
Forward contract
Fix today's rate for a payment on a later date, usually up to 12 or 24 months ahead, against a deposit. You must complete it even if the rate turns in your favour.
Limit or stop order
Set a target rate and the provider exchanges automatically when the market reaches it, or caps the loss if it moves the other way.
19 of the 21 specialists whose hedging page we read offer forward contracts. Use the "Offers forwards" filter in the table.
Find the providers that take your company
Where the provider's group holds a licence. A licence in your country usually means a local contract, local safeguarding rules and a regulator you can complain to.
Alpha Group, Caxton, Corpay, Currencies Direct, Currency Solutions, Currenxie, Ebury, Equals Money, Finmo, iBanFirst, IFX Payments, Instarem, Lumon, Millbank FX, Moneycorp, OFX, PingPong, Privalgo, Sokin, Verto, WorldFirst, XTransfer, Atlantic Money, Bound, Clear Treasury, Convera, LianLian Global, Sunrate, TorFX
Alpha Group, Amnis, Corpay, Currencies Direct, CurrencyFair, Currenxie, Ebury, iBanFirst, Instarem, Lumon, OFX, PingPong, Privalgo, Sokin, WorldFirst, XTransfer, Atlantic Money, Convera, LianLian Global, TorFX
Corpay, Currenxie, Finmo, Instarem, OFX, Sokin, Tazapay, Verto, Convera, LianLian Global
Alpha Group, Corpay, Currenxie, Ebury, Finmo, Instarem, OFX, Sokin, Tazapay, Verto, Convera
CurrencyFair, Currenxie, Ebury, Finmo, Instarem, OFX, PingPong, Tazapay, XTransfer, Convera, LianLian Global, Sunrate
Corpay, CurrencyFair, Ebury, Finmo, Instarem, OFX, PingPong, Sokin, Tazapay, XTransfer, YouBiz, Convera, Sunrate
Alpha Group, Corpay, CurrencyFair, Currenxie, Ebury, Finmo, Instarem, OFX, Sokin, Tazapay, XTransfer, YouBiz, Convera
Profiles that name import and export businesses among their clients and publish a forward-contract product.
Profiles that name marketplace sellers among their clients: collect payouts on local account details and convert them home.
Profiles that name funds, family offices or financial institutions among their clients.
Compare the FX margin, not the transfer fee: on a large payment the margin is most of the cost. Of the 33 FX providers on this page, 10 publish a price (Amnis, CurrencyFair, Currenxie, Finmo, Sokin, WorldFirst, YouBiz, Atlantic Money, Bound, LianLian Global); the rest quote per trade, so ask two or three for a quote on the same amount and currency pair on the same day, and compare each with the mid-market rate.
The difference between the mid-market rate (the midpoint between what banks pay each other to buy and sell a currency) and the rate you are given. A 0.5% margin on a 100,000 conversion costs 500. Some providers show the margin as a separate fee; most build it into the rate.
Their price depends on your volume, the currency pair and the product (spot or forward). The price lists of most dealers say the rate is set at the time of the trade. That is not a reason to accept it: ask for the margin over mid-market in writing.
An agreement to exchange an amount at a rate fixed today, for a payment on a later date. It protects a known future payment, such as a supplier invoice due in three months, from a rate move. Most providers ask for a deposit and can ask for more if the rate moves against you. You must complete the exchange even if the rate later turns in your favour.
A multi-currency account (Wise, Airwallex, Revolut Business) suits frequent payments at a published price, done in an app. An FX specialist suits larger or irregular amounts, forward contracts and a person who deals for you. Many businesses use both: the account for everyday payments and the specialist for large conversions and hedging.
Payment and e-money institutions must safeguard the money you send them for payments, kept apart from their own money, but it is not covered by a deposit guarantee scheme as a bank deposit is. Check each provider's licence on its page. Deposits held against forward contracts can be treated differently from payment money: ask how they are held.
Yes, with a provider that issues local collection accounts: a UK sort code, a US account number or a EUR IBAN in your company's name, so customers and marketplaces pay you as a local payment. The 'What you hold' column shows what each provider gives you. FX dealers usually give you no account: you pay them from your own bank and they pay your beneficiary.
Trading FX or CFDs yourself as a broker? See business accounts for forex and trading companies.
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