Create a real-time currency exchange rate alert.

The only exchange rate service made exclusively to beat your bank’s rates and save you money

130,000++ Canadians are already using KnightsbridgeFX’s personalised exchange rate service to save money, easily and quickly.

Client Testimonial

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. 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 Toronto Star CBC
Your savings with KnightsbridgeFX

Your savings with KnightsbridgeFX on exchanging US$10,000 compared to Canadian Bank rates

  • Bank
    Source
    CAD Saved
  • Scotia Bank
    $ 285
  • TD Bank
    $ 310
  • BMO Bank of Montreal
    $ 296
  • CIBC
    $ 323
  • Desjardins
    $ 308

Based on publically available information

KnightsbridgeFX is not affiliated with any bank

Updated August 2025

“I almost decided to take the bank's horrible exchange rate...”

When it comes to exchanging money,

The banks are great for convenience…

You know any bank will convert currencies for you,

But it comes at a price.

Exchange your funds securely
Our experts work for you

A hefty one.

Sure, they’re providing a service you need to pay for…

But what you want to do is simple,

Should it really cost this much?

Perhaps if you tried online, instead of on the phone, it would reduce the price?

Well, turns out, that if you use the bank’s website to exchange currency and skip the in-person support…

(Drum roll please)...

You get charged...

The same exact fees by the banks.

But you’re not really surprised by this, are you?

Probably not.

Foreign exchange rates are a profit-generation goldmine, for the banks,

And with the bank's fees starting at the 2.5% mark…

It’s painfully clear how much money you are really losing, for the sake of “convenience”.

But is it really that convenient?

Exchange your funds securely

“The rates the banks offer look particularly bad when compared with the currency quotes you get online.” says director of cross-border wealth services at Cardinal Point Wealth Management.

He’s not alone in saying this. A simple comparison tool proves it:

Better exchange rates

Better exchange
rates

Better exchange rates

Better personal service
with professional brokers

Better exchange rates

And, all done from the
comfort of your own home.

This is the exact reason over 130,000 Canadian travelers, snowbirds and business professionals use KnightsbridgeFX to save hundreds of dollars on every transaction.

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.

Mike K, Snowbird & Property Buyer


A. MacKenzie

I love this company…I’ve saved hundreds of dollars in exchange. They are nice, easy to deal with and once your account is set up it’s a breeze. I just did a trade for USD over chat, while I was working on other things. Took less than 3 minutes! Happily recommend over any major bank!

A. MacKenzie


David F. – traveler

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

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

    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)
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A. Chlebowski

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


Andrew Cross – CEO at GooseChase

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

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.