Business currency exchange built for companies that move money internationally

Importing businesses

Paying overseas suppliers in EUR, USD, or other currencies? A 2% bank margin on a £500,000 annual payment run costs your business £10,000 per year. IFA Markets FX reduces that cost significantly.

Exporting businesses

Receiving payments in foreign currency and converting to GBP? Lock in rates with forward contracts so your sterling revenue is predictable, regardless of exchange rate movements.

Companies with overseas staff or offices

Regular payroll transfers, office costs, and operational expenses abroad. We set up automated regular payment plans at competitive rates so your international obligations are met without manual intervention.

Property developers and investors

Acquiring overseas property for development or investment. We've worked alongside property professionals making multi-currency transactions worth hundreds of thousands to multi-million pounds.

Professional services firms with international clients

Receiving fees in foreign currencies, or paying overseas contractors. We streamline the conversion and payment process with minimal friction.

Better exchange rates

Banks routinely apply a 1.5--3% margin on business currency exchange. IFA Markets FX operates at a fraction of that. On £1,000,000 of annual foreign exchange, a 1.5% saving is £15,000 returned to your bottom line.

Zero transfer fees

No fixed fees per transaction. Your cost is in the exchange rate margin only -- and our margins are lower than the alternatives.

Forward contracts for budget certainty

Lock in today's exchange rate for payments up to 12 months in the future. If you have predictable future payment obligations in a foreign currency, a forward contract removes your rate risk entirely and makes budgeting straightforward.

Dedicated business account manager

You're assigned a relationship manager who knows your business, your payment patterns, and your currency exposure. They proactively alert you to rate opportunities and are available to answer queries.

Batch payments

Make multiple payments to multiple beneficiaries in a single instruction. Particularly useful for businesses with overseas payroll or multiple supplier payments.

Spot transfers

Execute immediately at today's live interbank rate. Suitable for ad hoc payments where timing flexibility exists.

Forward contracts

Fix today's rate for a future payment date -- up to 12 months ahead. Remove currency risk from your cash flow and make foreign currency costs predictable.

Regular payment plans

Automate recurring international payments (payroll, rent, mortgage, subscriptions) at competitive rates. Removes the admin burden of monitoring rates for each transaction.

Market orders

Set a target rate and we execute the transfer automatically when the market hits it. Useful when the payment is non-urgent and a specific rate would materially improve your position.

Hedging strategies

For businesses with significant FX exposure, we'll discuss a tailored hedging approach. This typically combines forward contracts with options to provide both certainty and upside participation.

1. 1

   Step 1: Register your business

   Complete our online registration form. You'll need your company number, registered address, and details of the directors and beneficial owners. Registration is free.

2. 2

   Step 2: Verification

   As a regulated payment institution, we carry out standard KYC checks. You'll need to provide ID for directors and evidence of the source of funds for large transactions. This typically takes one to two business days.

3. 3

   Step 3: Add beneficiaries

   Set up your overseas bank account details -- supplier accounts, payroll accounts, or any other recipients. These are saved to your account for future payments.

4. 4

   Step 4: Request a quote

   Call or email your account manager or log into our online platform to request a live rate. Agree the rate, send your funds, and we complete the payment.

We provide transaction confirmations and a full payment history for every transfer. Export transaction records for your accounts team or accountant. All payments are made in your business name to your authorised beneficiaries.

For businesses subject to HMRC reporting requirements on foreign currency transactions, we provide a clear audit trail of every transfer, including the exchange rate applied and the value in both currencies.