Voltrex handles currency conversion and foreign exchange both for private individuals and businesses, so whatever your life necessitates, we are here for you. Voltrex is known for providing high quality and efficient services at the lowest rates possible.
Thanks to the experienced brokers at Voltrex, we now are able to handle millions of pounds every day. No matter the amount you are looking to transfer, we are ready to help you with outstanding knowledge and care.
- Open an account free of charge
- No commission charged for transactions over £1,000
- Online access to your accounts
- Highly competitive low exchange rates
- No receiving fees guaranteed
Margin | 1% |
Margin explanation | 0.10% to 1% dependent on volume trading |
Financial service authority Regulated | YES |
HM revenue & Customs Regulated | NO |
Fee | £0.00 |
Minimum transaction | £1,000 |
Trust account | Royal Bank of Scotland |
Transfer options | Bank to Bank transfer |
Currencies | 27 currencies |
More: | Improved FX Rate with Larger Volume; Online Registration |
Forward contracts
Forward contracts allow you to select your currency and the sum you would like the transfer today, or whenever you think the rates are most favourable, and hold the rate for up to 12 months. This helps mediate the risk of a fall in the currency and allows you to know well in advance exactly how much will be sent and received for the period. After paying a usual deposit of 5%-10%, you don't have to pay the remainder until the arranged date of trade.
Regular international payments
If you have an ongoing financial commitment, Voltrex can take the hassle out of making regular payments. In this situation, people often have to continue converting currency very frequently- for a mortgage, for business payments, for any number of things. However, your payments may be vulnerable to currency fluctuations, and could cost you thousands of dollars a year. Voltrex has established a simple system of allowing you to automate your currency transactions and fix in a rate yearly without any transfer fees.
All client funds are held in a segregated client account separate from Voltrex Ltd company accounts. Funds do not form part of Voltrex Ltd company balance sheets and are only used for the purposes of foreign exchange transactions on the instruction of the client.