UK

UKForex Review

✓ FCA Regulated

Independent expert review - Updated January 2026

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1998
Established
££1000
Min. Transfer
50
Currencies
521566
FCA Number

At a Glance

Pros

  • FCA regulated for your protection
  • Online dealing platform available
  • Phone support for personal service
  • Segregated client accounts
  • Established provider (28+ years)

Cons

  • Account registration required

Overview

UKForex launched in 2005 as global provider of online international payment services for consumer and business clients. UKForex acts as a subsidiary of OzForex Group, which employees over 200 people and spans the globe from Sydney to San Francisco.

Each year, the group completes 460,000 fund transfers, and AUD$9.1 billion in foreign exchange transactions. UKForex works closely with large banks such as, Barclays, UBS and Westpac. As an FCA authorized and regulated payment solution UKForex provides a smarter, online alternative to existing currency exchange services.

The company has won a string of awards, including: Deloitte Fast 500 and UK Trade and Investment International Business Award.

Services & Currencies

Currency Types Spot contract, Forward contracts, Limit orders, Stop Losses.
Currencies Supported 50
Private Clients Overseas Property, Emigration, Paying Suppliers, Family Payments
Corporate Clients Paying Invoices, Importers, Exporters, Manufacturers, SME's, Agencies, Freelancers

Payments & Fees

Minimum Transfer ££1000
Maximum Transfer No maximum
Payment Methods Bank to Bank Transfer
Fee Structure Free above £3000
Online Dealing ✓ Yes
Phone Dealing ✓ Yes

Security & Regulation

Established 1998
FCA Registration 521566
HMRC Registration 12219180
Segregated Accounts ✓ Yes
Annual Volume AUD$13.6 billion in foreign exchange transactions last yea
Awards Deloitte Fast 50, BRW Fast 100, Finalist UK Invest Trade and Investment

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FCA Regulated
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600,000+
Users helped
10+ Years
Trusted service
100% Free
No hidden fees
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