Create a real-time currency exchange rate alert.

Newmarket Currency Exchange.

Get the best rates 877-355-5239.

Send your money wherever it’s needed, whatever the reason.

  • Pay international student tuition fee
  • Competitive import/export exchange rate
  • Receive money from abroad
  • Property purchase
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  • 5-Star

    5-Star

    BBB Reviews

  • 130,000+

    130,000+

    Satisfied Customers

  • FINTRAC MSB Registration

    FINTRAC MSB Registration

    No. M09819788

  • AMF Regulated

    AMF Regulated

    No. 904210

  • Trading

    Trading

    since 2009

  • Best Rate

    Best Rate

    Guarantee

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David Newman - Property buyer, Toronto

“I saved a huge amount… about $3,000 over the bank quoted to U.S. dollars… everything went smooth as a dream.”

David Newman - Property buyer, Toronto
Preet Banerjee - Columnist, Toronto

“KnightsbridgeFX is an online currency exchange company that seeks to undercut exchange rates offered by larger financial institutions.”

Preet Banerjee - Columnist, Toronto
Terry Ritchie - Calgary-based financial planner

“You can save hundreds, if not thousands of dollars.”

Terry Ritchie - Calgary-based financial planner

Why choose KnightsbridgeFX

Why choose KnightsbridgeFX
  • Secure

    Secure

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

  • Fast

    Fast

    We offer same day delivery of funds to your desired destination if booked before bank cut-off.

  • Best rate

    Best rate

    We guarantee to beat your bank’s exchange rate. Period. In fact, we call the banks every morning to ensure our exchange rates are significantly better. You can save hundreds to thousands of dollars.

  • Transparent

    Transparent

    You’ll get a confirmation of the agreed upon exchange rate in writing before you send funds.

  • Convenient

    Convenient

    Register and book a transaction in minutes and send funds conveniently through any Canadian bank.

  • Great Customer Service

    Great Customer Service

    We understand that fast, efficient, and friendly service makes a difference.

Rahim Madhavji, the President of Knightsbridge Foreign Exchange Inc, interviewed by The Globe and Mail

Currency Exchange Newmarket

If you need to make a large international purchase, then having the right exchange rate to get the currency you need make a big difference in the amount you’ll spend. The bank is many people’s go to for currency exchange in Newmarket, but there are other options out there too. If you’re looking to get the best USD exchange rates in Newmarket, or the best foreign money exchange rates in Newmarket, you’ll definitely want to explore those other options. There is one provider that offers a simple and fast exchange process, all while providing the best currency exchange rates in Newmarket. That provider? Knightsbridge Foreign Exchange.

Where to Exchange Currency in Newmarket

You have a variety of different providers of currency exchange in Newmarket at your fingertips, and there are a lot of factors to consider when deciding where to exchange. Each provider can usually be classified as a bank, independent broker or exchange franchise. Each varying type has their own positives and negatives you can use to decide the best option for you and your situation. Banks provide a level of comfort and familiarity, along with an easy process.

But, with their high markup you won’t be getting the best currency exchange rates in Newmarket. With an independent broker on the other hand, you don’t get as easy or secure a process, but the rates are usually much better. There is a way, however, that you can get the safety and simple process of the bank, along with the best USD exchange rates in Newmarket and the best foreign money exchange rates in Newmarket. That’s by choosing Knightsbridge Foreign Exchange.

Airport Near Currency Exchange Services

Airport Near Newmarket Currency Exchange Services

You mat thinking about choosing the more convenient option of doing your currency exchange in Newmarket at the airport, since you’re heading there for your flight anyway. While this is certainly viable, be aware you won’t be getting the best USD exchange rates in Newmarket or the best foreign money exchange rates in Newmarket.

Major airports, including Toronto Pearson International Airport (the nearest to Newmarket), charge very high rent for their retail spaces which is why everything in the airport is so expensive. For airport brokers this comes to fruition in the markup they add to their exchange rates. This makes getting the best currency exchange rates in Newmarket at an airport broker nearly impossible. You’ll find that most customers of airport brokers are exchanging at the last-minute or have put their priority on the convenience factor.

Hotel Currency Exchange Services

Hotel Currency Exchange Services

If you’re driving about town you may run into some public exchange kiosks you can use for currency exchange in Newmarket. These kiosks are convenient for many, as they’re in common areas like shopping malls, popular tourist areas and hotels. The important thing to keep in mind about these locations is that they are still physical spaces, meaning they have fees to pay that add to their overhead.

When the costs add up, it leads to a markup that takes them out of the running for the best USD exchange rates in Newmarket or the best foreign money exchange rates in Newmarket. If you’re looking at using an independent broker, do remember to make sure you’ve done your research. For example, if they don’t require identification you know they aren’t to be trusted, and you can move on. Even the best currency exchange rates in Newmarket aren’t worth it if you’re using a shady company.

Currency Exchange Services

Banks in Newmarket Currency Exchange Service

Most people stick to the bank for their currency exchange in Newmarket, and they know it, which is why the banks don’t feel compelled to offer the best USD exchange rates in Newmarket or the best foreign money exchange rates in Newmarket.

They add a markup to their rates, usually of about 3%, that significantly higher than others and makes a huge difference. While the bank works for many, if you want to choose a provider that has the best currency exchange rates in Newmarket, try Knightsbridge Foreign Exchange.

Currency Exchange Brokers

Newmarket Currency Exchange Brokers

Exchange brokers know that just having better exchange rates isn’t enough to get a bigger portion of the market for currency exchange in Newmarket, which is why they explore different deals they can add to entice customers. A couple examples include lowered exchange rates for higher exchanged amounts and allowing customers to pay in multiple installments or even delay their payments.

For us at Knightsbridge Foreign Exchange, our focus is on providing amazing service and offering the best currency exchange rates in Newmarket. The reason we’re able to provide that is because we’re entirely online based, meaning that we don’t have all the expenses associated with it. With a lower overhead, we pass our savings on to you in the form of the best USD exchange rates in Newmarket and the best foreign money exchange rates in Newmarket.

How to Get the Best Currency Exchange Rates in Newmarket

Our customers of KBFX save about 1-2% per exchange compared to other major providers of currency exchange in Newmarket as we have the best USD exchange rates in Newmarket and the best foreign money exchange rates in Newmarket. If you need to see for yourself, then call us and a bank for a rate on the same currency. You`ll see we have the best currency exchange rates in Newmarket.

About Newmarket

Newmarket, Ontario is a town in the Greater Toronto Area, ranking 69th in Canada for population with over 84,000 residents. Newmarket is a common town for people who work in Toronto, but don`t want to live directly in the city. It was initially formed as a farming community, and it`s most notable landmark is the Upper Canada Mall.

We know the value of a reliable exchange provider as much as anyone who regularly exchanges currency, which is why we invite anyone interested in KBFX to give us a call at 1-877-355-5239 to allow us to take your through our simple and fast process, with a free no-obligation quote for any currency you want. Or, you can go online to fill out our fast, online application.

To find other cities serviced by Knightsbridge please visit the Currency Exchange in Canada page.

You can also find us elsewhere online here:

Get your FREE No Obligation Quote Today

With 130,000+ satisfied customers, you're in good hands.

Frequently Asked Questions

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.

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.

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.

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.

We are not able to accept payments by cash, cheque, or bank draft.

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.

Banks are required to work with us for anti-competitive reasons.

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.