AFEX Reviews - Associated Foreign Exchange Limited



Margin Rate2%
Minimum Transfer5000
Transaction FeesDepends on size & destination of payments
Transfer FundsSameday Transfers to 48 hours
FCA Reg Numberyes

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AFEX Review

Is Associated Foreign Exchange reliable?
AFEX offers a comprehensive range of international payment and foreign exchange services. In addition, including foreign currency drafts, wire transfers, risk management tools and designated corporate account managers. Also, AFEX can handle every aspect of a client’s foreign payment needs, from risk consultation to transaction execution

Whats good about Associated Foreign Exchange?
AFEX brings reliability and value to all its commercial and personal client transactions. Since 2003, the company has expanded rapidly, with a ten-fold increase in its UK business, expansion to the east coast of America, and new operations in Australia, New Zealand, and Sweden, as well as further expansion planned in the next months into Asia and Europe. AFEX is the fastest growing top-tier independent commercial foreign exchange provider in each of the markets in which it operates.

Whats not so good about Associated Foreign Exchange?
AFEX deal with all major currencies but due to banking restrictions do not deal with all currencies.

What is Associated Foreign Exchange Customer service like?
Efficient is one word, from opening an account you will be assigned an account manager if you are not happy a senior manager is always available to assist and the senior management team are always there to offer ways to save businesses money.

What is the Fee structure for AFEX
If you are transferring it depends on the number, size and destination of your payments if you transfer under then any bank charges may be payable.

Can I trust AFEX with my money?
AFEX hold consumer and business funds in a separate client account making sure your funds are protected at all times. In addition, Authorized and registered by the FCA.



  1. Open an account
    To create an account with Associated Foreign Exchange, you can register online in minutes. So, which will enable you to make or manage your money transfers 24/7. During registration Associated Foreign Exchange will need to know some basic information about you, along with your reasons for transferring money.

Once you have completed your registration, you will receive an email to activate your account and will be on the way to making your first transfer.

  1. Remittance information
    Once you have access to our online payments system, all you will need to do is tell us the recipient’s account details. Also, the currency and the country which you are sending funds and the amount you need to send.

  2. Live quote
    Based on your remittance information, Associated Foreign Exchange system will give you a live quote, so you will know exactly how much currency your recipient will receive.

  3. Payment
    Once you are happy to proceed, you will need to choose a method of payment. Associated Foreign Exchange has made this as convenient as possible. You can choose to pay by credit card, debit card or bank transfers.

Not only is transferring money simple with Associated Foreign Exchange but it is also secure and cheap, so you get the best price and your money is always.


Associated Foreign Exchange

Additional benefits and Services for AFEX?

  • 24/7 access to global trading
  • Associated Foreign Exchange Live currency rates
  • Online spot and forward transactions
  • Multiple levels of security
  • Pay beneficiaries by wire, CHAPS, BACS, or draft.
  • Choose from several different settlement methods including wire, CHAPS, BACS, cheque and multiple settlement accounts through direct debit.
  • Multi-user options with separate approval levels
  • Associated Foreign Exchange Daily market updates
  • Also, Access to detailed transaction history

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Company Details

4th Floor 40 StrandWC2N 5RW

Tel: 0207 004 3939

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