Our promise to you

Excellent pricing

We will ensure we offer best prices at all times on payments in and out

Simple transactions

Quick and safe transactions make FX transfers easy


We will always be honest and straightforward to deal with


Held in safeguarded accounts in accordance with FCA rules


Security & regulation

  • FCA regulated
  • Data protection act
  • Operating abroad

Effective FX Limited is authorised and regulated by the Financial Conduct Authority as an Authorised Payment Institution. Reference number: 590535

The FCA requires us to meet standards across three areas. Effective FX Limited exceeds all three of these standards which cover:

  • Capital Adequacy – The levels of capital requirements are based on our level of activity. The FCA reviews our capital adequacy on an annual basis.
  • Client Protection – Our client funds are held in segregated accounts, entirely separate from our own operating accounts, so client funds are always safe.
  • Robust Internal Risk Management – We have strict governance and operational processes in place to scrutinise the accuracy of each of our transactions, with appropriate involvement from our Directors. Compliance with our governance and processes is regularly audited.

Effective FX is registered with the ICO under the UK Data Protection Act; our registration number is ZA454813. We do not share any client information with third parties and all client information is held securely on our remote servers. Client information, paper or electronic, is handled with due care; in line with Effective FX’s internal guidelines.

Effective FX partner with other regulatedElectronic Money Institutions and therefore is able to passport its licence to offer its services in all EEA Member states. Full details of the Effective FX licence can be found on the FCA register, here.


Executive team

Founded in 2012 and based next to the Bank of England, we are in the heart of the city.

Amir Mehrad


14 years experience in deliverable foreign exchange, over 7 as CEO of Effective FX.

Jas Bhacu


Over 20 years accounting and financial services experiences. Held finance roles at some of the UK’s biggest companies.


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