26th February 2015 by LauraParsons
The foreign currency exchange services supplied by TorFX can benefit wealth managers and independent financial advisors in a number of ways.
The currency market is notoriously volatile and a sudden shift in an exchange rate’s value could cost a business or individual a fortune. A perfect example of this was the shock decision by the Swiss National Bank (SNB) to ditch its 1.20 cap with the Euro earlier this year. The announcement stunned global financial markets and a number of companies went bust as the Swiss Franc exchange rate suddenly rocketed in value. That event highlights the dangers currency risk poses to individuals and businesses with international dealings.
While some events are impossible to predict, TorFX can keep you informed of all of the latest market movements so you can keep your clients up to date with current exchange rate trends.
As specialists in currency trading, TorFX also spends its time and resources watching the markets so you don’t have to. With analysts always on hand to discuss market strategies, you can help your clients take a proactive approach when it comes to managing their foreign currency exchange requirements and see that they achieve the best deal.
Whether your client is considering buying a new car from abroad, purchasing real estate overseas or splashing out on a top of the line luxury yacht, they should be able to feel confident in the security of their currency transfer and know that they are getting the best return on their currency exchange. As TorFX is well established, FCA authorised broker, it can provide this peace of mind by supplying expert insight and offering flexible contract options.
Customers of TorFX benefit from dealing with a company that applies the highest standards of compliance, holds the highest level of creditworthiness with Dun & Bradstreet and operates segregated client accounts with Barclays Bank Plc.
In summary, TorFX can offer your clients;
As one of the UK’s leading foreign exchange companies, TorFX has been recognised as one of the fastest growing independent companies in the UK and is continually endorsed by corporate and private clients for providing an unrivalled level of customer service.