• 0.2% service fee

    The only charge for using freemarket is a service fee, equivalent to 0.2% on your transaction. So if you exchange currency worth £10,000, the service charge is £20.

    This compares to an average 0.8% commission among traditional currency providers; some banks charge as much as 3%.

    For registered charities and social enterprises, the service is entirely free.

  • Mid-market rate

    For scheduled exchanges between members, we strive to achieve the mid-market rate. This is exactly halfway between the prices traders use to buy and sell, so you don’t lose money in either direction, and no profit margin is applied.

  • Free to join

    Joining freemarket costs nothing, and there is no obligation to use your account. You can exchange currency as often, or as infrequently, as you wish.

  • X

    Membership

    Free

  • U

    Spread margin

    Zero

  • O

    Service charge

    0.2%

If this all sounds simpler and fairer to you, then take control of your own foreign exchange and apply for membership now.

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6

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  • £1=€1.1571

The rate used in this example is the rate freemarket achieved on 19 Apr 2018 at 12.49pm. The “RECEIVE” amount indicated is what could have been achieved had this example participated in that transaction. The rate used is inclusive of freemarket’s fee.