How KnightsbridgeFX saves people and businesses millions of dollars in hidden fees.
We’ve transferred and converted over $14 Billion and have offered better rates than the banks in 100% of our cases. We commit to the best exchange rates, watch the video to learn how we work.
Financial Transactions and Reports Analysis Centre of Canada (M09819788)
How we secure the best rates for our customers
Large transaction power
Our large transactional volume allows us to obtain purchasing power from the banks – we buy in bulk and pass on the great exchange rates to you, along with free wire transfers.
Banks have a very complex infrastructure which requires that they charge hidden fees to cover their costs, another reason KnightsbridgeFX is able to offer competitive rates.
Rates personalized for you
The rates we offer to our clients changed based on the amount you want to exchange. We guarantee to offer the best exchange rates (that will beat your financial institution).
To get started, fill in the amount you want to exchange, and find out how much you could save with our rates:
Exchanging with KnightsbridgeFX vs your bank could save you CAD$ 265Get an exact quote
“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 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
“It was easy to use, very friendly stuff… I exchanged Candian for US dollars and everything worked out quickly just in time for my trip to the States and everything worked out quickly just in time for my departure. Would highly recommend it to anyone wanting to exchange funds.“
David F. - traveler
Getting started is simple
Create your free account, get a personalized quote from our team and exchange your funds, all from the comfort of your own living room
Register for free
Create your account and sign up on our website for free using your email address.
Get your quote
Our staff will give you a call at a convenient time for you, and give you the best possible rates that fit your needs.
Send the funds
you want to exchange
You send your funds in the cheapest and most convenient way for you using a bank transfer, bill payment, or EFT.
We handle the rest, converting the money and sending it in fastest possible way that saves you money
Your savings with KnightsbridgeFX on $10,000 compared to Canadian Bank rates
Complete Security of Funds
Client funds are held in a segregated account at a major Canadian bank and are completely secure.
Rest assured, your funds are safe - we have set aside $1,000,000 for consumer protection.
A trade confirmation contract on our letterhead is issued to you by email 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 to your specified destination in Canada or the US.
We are registered and regulated by FINTRAC (Government of Canada agency).
Over several billions of dollars have been converted for our Canadian clients and we have a number of client testimonials in third party reputable media (CBC News, Toronto Star, Globe and Mail).
Our client trust account and relationship with our bank is in good standing and they are willing to verify this with a bank letter or phone reference (please contact us if required).
Financial Transactions and Reports Analysis Centre of Canada (M09819788)
“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.”
Mike K - KnightsbridgeFX Customer
“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
Stop overpaying with
your bank on foreign exchange
We are built to beat bank exchange rates and save you money
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.
Frequently Asked Questions
1 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.
2 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.
3 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.
4 Why don’t you show your rates online?The rates change based on the amount you exchange. 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.
5 Can I pay with physical cash, cheque, or bank draft?We are not able to accept payments by cash, cheque, or bank draft.
6 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.
7 Why banks allow you to use them when you are a competitor?Banks are required to work with us for anti-competitive reasons
8 How do I register as a Corporation?Fill in the Corporate Form here.