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

Join 70,000 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.

Compare your bank fees with ours

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

Mike K, KnightsbridgeFX Customer

“As a snowbird wintering down South, I obviously pay close attention to exchange rates. Since I started using KnightsbridgeFX, I have saved literally hundreds of dollars on each transaction compared to what I had been getting from my bank. 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

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 October 2020

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We’ve transferred over $2 billion for our customers and saved people and businesses millions of dollars in hidden fees. Every. Single. Transaction.

For Canadians buying US real estate, moving to another country, sending money to family, and paying foreign tuition. Get consistent bank beating currency exchange rates, free same day transfers, and professional, personal service.

Fill in the amount you want to exchange and find out how much you could save

Interbank Equivalent
Current interbank rate: 0.7639

Exchanging with KnightsbridgeFX vs your bank could save you CAD$ 265

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Create your free account, get a personalized quote from our team and exchange your funds, all from the comfort of your own living room

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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.

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

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Better Business Bureau

Stop overpaying with
your bank on foreign exchange

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

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Knightsbridge Foreign Exchange is registered and regulated by FINTRAC (a government of Canada agency). 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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We are FINTRAC regulated. Our registration number is
M09819788.

70,000+
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*

Knightsbridge Foreign Exchange is a BBB Accredited Business. Click for the BBB Business Review of this Foreign Currency Exchange Broker in Toronto ON
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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?