Regency FX review

Regency FX is a UK-based foreign exchange specialist offering bank-beating exchange rates with a dedicated account-management approach. FCA-authorised payment institution suited for larger personal and business transfers. Founded in 2013 and based in London, UK, Regency FX is a specialist currency broker. Regency FX is authorised and regulated by FCA, which means customer money is safeguarded separately from company funds. It currently holds a Trustpilot score of 4.8 out of 5 from roughly 495 reviews, which we rate excellent.

On fees, Regency FX charges nothing upfront on the majority of corridors (no transfer fees), but the bigger cost is usually the exchange-rate markup of 0.3% - 0.9% above mid-market, which is built into the rate rather than shown as a line item. The minimum transfer is $1,000, with no fixed upper limit on most corridors. Because that markup scales with the amount you send, it is worth comparing the final receive amount rather than the fee alone.

Delivery speed is quoted at same day to 2 business days, and the service reaches 60+ countries across 50+ currencies. You can fund a transfer by Bank Transfer, with money delivered via Bank Deposit. The mix of funding and payout options is a good guide to which corridors Regency FX handles best.

On the plus side: dedicated account managers for every client, no transfer fees and bank-beating rates on larger transfers. That makes it a sensible choice for larger, planned transfers such as property purchases, tuition or business payments. Worth keeping in mind: higher minimum suited to larger transfers and no card or mobile-wallet funding. As always, run your exact amount and currency through a live comparison before sending — the provider you pick usually affects the final amount more than any single fee.