Create a real-time currency exchange rate alert.

“I wish I’d switched sooner!”

“Never going back to exchanging with my bank again”.

Most people are surprised to learn how much money they can save, and how easy it is to use KnightsbridgeFX.

Now you can join over 130,000 customers who stopped paying hidden and unnecessary fees to their bank when exchanging currency.

Image
BNN CTV The Globe and Mail Toronto Star CBC

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)

Get A Better Rate Than Your Bank's Best Offer

Get 2.5% more for your money

Get 2.5% more for your money

You get access to better exchange rates because of our high transactional volume. As we buy in bulk and save on currency exchange, we pass on these savings to you, providing the best exchange rates available, along with free wire transfers.

Dedicated human support

Dedicated human support

Whenever you need help, our team is here to assist you. Forget talking to robots or automated chatbots that rarely provide you with a solution. We’re real people, just like you, and we’re happy to provide all the support that you need.

Custom-made rates

Custom-made rates

Our rates are tailored to your specific exchange amount, ensuring that you receive the best deal. Take advantage of our competitive rates, free from hidden fees typically imposed by traditional banks due to their complex infrastructure and high operating costs.

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

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

Complete Security of Funds

Client funds are held in a segregated account at a major Canadian bank and are completely secure.
Rest assured, your funds are safe - we have set aside $1,000,000 for consumer protection.

A trade confirmation contract on our letterhead is issued to you by email 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 to your specified destination in Canada or the US.

We are registered and regulated by FINTRAC (Government of Canada agency).

Financial Transactions and Reports Analysis Centre of Canada (M09819788)

Over several billions of dollars have been converted for our Canadian clients and we have a number of client testimonials in third party reputable media (CBC News, Toronto Star, Globe and Mail).

Our client trust account and relationship with our bank is in good standing and they are willing to verify this with a bank letter or phone reference (please contact us if required).

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.