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.“






Your savings with KnightsbridgeFX on exchanging US$10,000 compared to Canadian Bank rates
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BankSourceCAD Saved
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Scotia Bank$ 285
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TD Bank$ 310
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BMO Bank of Montreal$ 296
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CIBC$ 323
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Desjardins$ 308
Based on publically available information
KnightsbridgeFX is not affiliated with any bank
Updated August 2025
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.
Exchange currency
Check how much you’ll save from now on
CAD 265 saved!
Your savings when exchanging 10,000 CAD with us instead of your bank.
We are verifying the documents you uploaded. Once completed, we will let you know via email & SMS that you can already book a transaction.
Before you book transactions, we must verify your account. Please submit missing information.

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
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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
Book a transaction
Book your exchange online (via your Knightsbridge FX account), or through our customer service (phone, email, chat).
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)

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
Exchange your funds securely
Your funds are safe - we have set aside $1,000,000 for consumer protection. KnightsbridgeFx is registered with FINTRAC, under the MSB registration number M09819788.
All transactions are secure, transparent and designed to secure your funds.


Our experts work for you
Get round the clock support and assistance from KnightsbridgeFX’s experts.
Our customer support team works around the clock to help you make informed decisions, and exchange your funds in the fastest and simplest way.
Beat the bank's rates, every time
We’ve transferred and converted over $20 Billion and have offered better rates than the banks in 100% of our cases.
Our team is dedicated to delivering the best exchange rates to our customers. Guaranteed.


Fast, simple and reliable
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.

Better Business Bureau
Ron H.
03/04/2022
We just used Knightbridge for first time and they are very good everything they told me was exact including time for transactions and dollar amounts so much better rates than banks so from me it's a five star plus.
David F.
17/03/2022
Easy to use, very friendly staff on the trading floor. Exchanged Canadian for US dollars with Tangerine for both accounts, everything worked out quickly just in time for my trip to the states. Would highly recommend it to anyone wanting to exchange funds.
Sam J.
21/08/2021
I'm giving 5 stars, For their Very supportive people, they have great fast response, they provide good exchange rate. Thank you!
Judy W.
06/08/2020
10/10! Our dealings with your company have been great to date. I find the service provided very convenient to send US funds to our daughter studying in California. Love that I can pay through my *** account as a bill payee. All good!
Joyce M.
23/06/2020
This is the most wonderful company to do business with. On $20 thousand I saved $1100.00 com paired to CIBC! They are fast and super efficient. Try them!
Frequently Asked Questions
Tell me about Knightsbridge Foreign Exchange's Best Rate Guarantee.
We are guaranteed to offer you a better exchange rate than your financial institution. If you find a better rate from a competitor, once we verify the exchange rate quote we guarantee that we will beat their rate.
What is the minimum amount I can exchange?
Our typical transaction size is between $2,000 per transaction and up to $40 million annually. We like to keep our minimum to $2,000 but we have some flexibility.When sending funds outside of Canada, intermediary banks and receiving banks may charge the receiving customer to receive a transfer.
Tell me more about the security of funds.
Client funds are held in segregated client account at a major Canadian financial institution, separate from operating accounts, and are completely secure. A trade confirmation contract on our letterhead is sent to you upon execution of your currency transaction confirming all agreed upon details for your records. All transactions have a confirmation number and can be traced electronically with Canadian banks. Funds can be transferred quickly, generally same-day or next business day back to your specified destination. Funds are transferred securely by wire transfer or direct deposit.
All companies that transmit money in Canada must be registered and regulated by FINTRAC. We are registered and regulated by FINTRAC ( a Government of Canada agency) and our registration number is M09819788.
Over several billions of dollars have been converted for thousands of our Canadian clients and we have a number of testimonials in third party reputable business media including the Toronto Star and Globe and Mail.
Our client account and relationship with our Canadian financial institution is in good standing and they are willing to verify this with a bank letter or phone reference (please contact us if required).
We are conveniently integrated with all Canadian banks and you can test our service with a small amount to see how it works.
Why don’t you show your rates online?
The rates change based on the amount you exchange. You can check the rate at any point by using the exchange calculator in your online account or our website . Furthermore, if you call or email us with the amount you want to exchange, we can give you the rate inclusive of our fees based on the dollar amount you are exchanging.
Can I pay with physical cash, cheque, or bank draft?
We are not able to accept payments by cash, cheque, or bank draft.
How can you get an exchange rate better than what banks offer?
Our large transactional volume allows us to obtain purchasing power – we buy in bulk and pass on the great exchange rates to you along with free wire transfers. Moreover, unlike us, banks have very complex infrastructures and charge hidden fees to be able to cover their costs.
Why banks allow you to use them when you are a competitor?
Banks are required to work with us for anti-competitive reasons.
How do I register as a Corporation?
You can easily open a free corporation account by clicking here or navigating to the Sign Up page in the top menu. Follow the registration steps, provide your company information, and upload the required validation documents. Once your account is activated, you can start booking your first trades.