Leaders in Foreign Exchange
“Our company’s mission is to provide outstanding exchange rates, expert guidance and a simple, friendly service that people will want to recommend to others.”
TorFX is one of the UK’s leading currency brokers, providing individuals and companies with money saving foreign exchange services. Our success to date has been driven by an unwavering commitment to customer service, and our desire to exceed our clients’ expectations. Strong growth in transaction volumes has been underpinned by investment in people and technology. Customers of TorFX benefit from dealing with a company that applies the highest standards of compliance, has a strong balance sheet and credit rating, and operates segregated client accounts with Barclays Bank Plc.
Key Facts:
- In 2008 TorFX transacted over £300,000,000 in foreign exchange.
- Hundreds of UK companies use TorFX for currency transactions and advice.
- Member of the Association of International Property Professionals.
- Regulated by HM Revenue & Customs.
- Segregated client accounts held with Barclays Bank Plc.
- In 2008 TorFX achieved 2nd place in the Sunday Times Fast Track 100 list, for being one of the Uk's fastest growing independent companies.
Our Partners
Bankers - Barclays Bank Plc |
|
Auditors - Burton Sweet |
|
Regulators – HM Revenue & Customs |
|
AIPP |
|
UKMTA |
|
DIRECTORS
Jon Beddell - Managing Director
After gaining a degree in business management from the University of East Anglia, Jon entered the financial markets as a stockbroker in the city of London. Joining TorFX as head of operations in 2004, Jon has helped build the company’s annual transaction volumes to over $500m. As an MSTA qualified analyst, and FSA registered investment advisor, Jon aims to instill a culture of professional excellence in our trading operations.
Edward James - Chairman
Edward has been involved in the foreign exchange markets for over 25 years as a timber importer. Before establishing his own timber importing business he was managing director of a family business, established by his grandfather, with timber, coal and oil subsidiaries. He has served as a council member of the Timber Trades Federation and President of the Western and Southern Counties Timber Trades Association. His interest in international politics together with knowledge of market forces drew his attention to the lack of focus offered by major banks in the Foreign Exchange market. TorFX was founded to provide competitive exchange rates and a better quality of service.
Susan Benstead
Susan has 30 years experience in sales and marketing. She was the founder and owner of the UK’s largest manufacturer and supplier of timber conservatories. Currency transactions were a regular requirement for this business, sourcing timber from all over the world. The company was sold in 2004, since when Susan has turned her attentions to TorFX.
Ashley Warden, FCA
After obtaining a computer science degree and qualifying as a Chartered Accountant at Ernst &Young, Ashley was a founding partner of a start-up business solutions provider that was successfully sold to a trade buyer. Subsequently, he became a founding partner of an FMCG gift business, later sold to an American company. At the same time he also established and grew the Independent Fragrance Company; a global operation with offices and factories across the world. Most recently, he was Managing and Financial Director of Baltic Pine Timber Corp Plc, responsible for the restructuring of the group and growing it into the largest bespoke timber conservatory business in Europe. Ashley’s wealth of experience is now helping to underpin the development and growth of TorFX.
Tracy Jackson
As sales and marketing director of Baltic Pine plc, Tracy was responsible for sales growth from £3m per annum to in excess of £24m, establishing and managing sales teams across the UK. Tracy joined TorFX in February 2005 as head of sales and marketing, and has helped to build the business to its present level. Tracy's aim is to continue to build on the strong team of foreign exchange professionals at TorFX, and to actively recruit and train in line with our expansion programme.
Tor Currency Exchange Ltd is registered with HM Revenue and Customs as a Money Transmitter.
HM Revenue and Customs Money Laundering Registration Number: 12191606.
Company Registration Number: 5193147
All client funds are held in segregated client accounts at Barclays Bank PLC.
|
