For snowbirds, foreign property purchasers, international students,
expats and small business importers and exporters…

Join 130,000+ customers who use KnightsbridgeFX to beat their bank fees and save money on every exchange rate.

Banks charge as much as 2.5% (or more) hidden fees within the exchange rate that you see, every time you exchange currency. KnightsbridgeFX guarantees to reduce those fees (up to 5X), save you money and give you the 1-on-1 assistance you need.

I have saved literally hundreds of dollars on each transaction compared to what I had been getting from my bank…

Mike K, Snowbird & Property Buyer

“As a snowbird wintering down South, I obviously pay close attention to exchange rates. The entire process is very, very easy, and on top of that, their customer service is exceptional.“

BNN CTV The Globe and Mail logo Toronto Star CBC
BNN CTV CBC Toronto Star The Globe and Mail logo

Your savings with KnightsbridgeFX on exchanging
US$10,000 compared to Canadian Bank rates

    • Bank
    • Source
    • CAD Saved
    • Scotia Bank
    • View
    • $ 285
    • HSBC Canada
    • View
    • $ 256
    • TD Bank
    • View
    • $ 310
    • BMO Bank of Montreal
    • View
    • $ 296
    • Desjardins
    • View
    • $ 308

Based on publicly available information. KnightsbridgeFX is not affiliated with any bank Updated March 2024

Use our savings calculator to see how much you can save on your next transaction

Take advantage of the best exchange rates when buying US real estate, moving to another country, sending money to family, and paying foreign tuition.

Free same-day transfers, no hidden fees and professional service.

Our converter uses mid-market rates. The rate is subject to change.

Interbank Rate: 1 USD = 1 USD

265

Your savings when exchanging with KnightsbridgeFX instead of your bank.

Lock your exchange rate

KnightsbridgeFX saved us over $37,000 a year on exchange fees alone! When it comes time to converting money, this is the only place we use and trust for our needs. You can count on amazing service, quick turnaround and the trading desk is full of people who are friendly, professional and most importantly get you the best rate possible. We highly recommend KnightsbridgeFX to anyone for their exchange needs.

George P. - CEO at Tradepro Academy

I have been doing business with KnightsbridgeFX for about 5 years now. Customer service is top-notch, never had any issues with the transfers. The exchange rates are unbeatable. Never going back to the Big Banks

S. Persaud

I bought a 35-year-old townhouse in Burlington, Ont. When closing the deal, I used a specialized dealer (Knightsbridge Foreign Exchange in downtown Toronto) and saved a huge amount, about $3,000 over what the bank quoted for U.S. dollars. Everything went smooth as a dream.

David N. - home buyer

Here's how you can get the best exchange rate in Canada and save money

  • 01

    Sign Up

    Register and submit your documents

    (ID and bank statement).

    3 minutes to complete
  • 02

    Get verified

    You get approved upon validation of your documents.

    Usually less than 1 business day.
  • 03

    Get a quote

    Book your exchange via phone, email or chat and then fill in the exchange order.

    Usually under 5 minutes
  • 04

    Send your funds

    Transfer your funds to us by: Bill Payment, Wire Transfer or EFT.

    Usually Same Day Processing (based on transfer method)
  • 05

    Receive your funds

    Your converted funds are transferred to the specified account (yours, someone else's or to a company)

    Usually Same Day Processing (if requested by wire)

Get started

This is super easy and much better pricing than the banks. We have used your services in the past and will continue to do so with our US investments. Highly recommend just doing it through the chat bar on their home screen, so easy.

A. Chlebowski

KnightsbridgeFX has been a game changer for us. As a Canadian company that bills in USD but operates in CAD otherwise, we needed a really easy way to convert currencies at a great rate. KnightsbridgeFX has been perfect - super easy to set up a trade and phenomenal rates We're saving thousands a year!.

Andrew Cross - CEO at GooseChase

Built by an investment banker, who knows
Canadians deserve better, more transparent rates

After years of working for one of Canada’s top banks in mergers and acquisitions, and getting recruited to work in a $550 million private equity firm, Rahim Madhavji knew the banks (who typically charge 2.5% or more in hidden fees on all exchange rates), weren’t offering competitive fees for their customers.

He saw countless customers throw their hard earned money away, and knew he had to find a way to offer more competitive rates that save people money.

13 years later, KnightsbridgeFX is now THE leading currency exchange service in Canada, dedicated to serving all your foreign currency exchange needs.

Get a custom quote

Better Business Bureau

Stop overpaying with your bank on foreign exchange

We are built to beat bank exchange rates and save you money

Get started

KnightsbridgeFx is registered with FINTRAC, under the MSB registration number M09819788. Like most financial institutions, we are required to validate the identity of all clients. We have strict measures in place to protect your privacy.

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KnightsbridgeFx is registered with FINTRAC, under the MSB registration number
M09819788.

130,000+
Satisfied customers

There is no obligation
to transact and
no hidden fees.

We guarantee to
beat your bank's rate
100% of the time.

Are you or any close relative a Politically Exposed Foreign Person?

I confirm I am not transacting on behalf of a third party and I have read and I agree to the Terms and Conditions*

Frequently Asked Questions

  • 1

    Tell me about Knightsbridge Foreign Exchange's Best Rate Guarantee.

  • 2

    What is the minimum amount I can exchange?

  • 3

    Tell me more about the security of funds.

  • 4

    Why don’t you show your rates online?

  • 5

    Can I pay with physical cash, cheque, or bank draft?

  • 6

    How can you get an exchange rate better than what banks offer?

  • 7

    Why banks allow you to use them when you are a competitor?

  • 8

    How do I register as a Corporation?