When you exchange currency with banks

3% of your hard-earned money goes on bank fees

This means that for every $10,000 you exchange, you are giving the bank $300 which should actually be in your pocket.

Why be so generous to the banks? It's time you start saving and exchange currency in a smarter, better way.

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    • 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 July 2024

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KnightsbridgeFX has an A+ rating with the Better Business Bureau.

When you convert your funds with KnightsbridgeFX, your savings add up.

You could be one step closer to that dreamy exotic trip once the pandemic is gone, to giving your home office a cozier touch or even making a deposit for your long-desired new car.

Think about it. Would you rather give this money to the bank or keep it to yourself?

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


Your savings when exchanging with KnightsbridgeFX instead of your bank.

Lock your exchange rate

Trusted by 130,000+ customers

We've transferred over $20 Billion for our customers and save people and business millions of dollars in hidden fees.

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

How come we are so determined to save you money?

Because we know how much hard work goes into that money and it's only fair you make the most out of it.

You see, back in 2009, when KnightsbridgeFX was founded, our president Rahim Madhavji had just quit his $200.000 job as an investment banker. There was one idea that kept him awake at night: finding a better way to exchange currency than most banks were offering.

Given his background, Rahim knew all about the fees banks were charging and saw how commissions kept adding up, creating real expenses for you, the customers.

The money you save when exchanging currency with KnightsbridgeFX could mean better education for your kids, refreshing the design of your home, or maybe increased profit of your company.

Whatever the reason for your currency exchange, we are here to help you save money.

Rahim Madhavji

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.

George Papazov - CEO of TRADEPRO Academy

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

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)

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Stop overpaying with
your bank on foreign exchange

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

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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

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

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?

You can also download our application form below:

Download Private Client Form Download Corporate Form