Martin, one of the founding partners of FC Exchange, has held the position of Financial Director since the firm was established in May 2005. Previously from the Bond Trading Division at Deutsche Bank, London, Martin qualified as a Chartered Accountant with Deloitte South Africa and worked with Deloitte on energy trading clients in the United States, including American Electric Power and Columbia Gas.
Foreign Currency Exchange
About Us
The Company
FC Exchange is a trading name of Foreign Currency Exchange Limited (5452483), a leading UK foreign exchange broker and international payment solution provider, based in the City of London, with further satellite offices around the world.
FC Exchange has a global portfolio of clients approaching 10,000, comprising both private individuals and corporate bodies and has over 1000 affiliates worldwide. Trading in over 450 different currency pairs and having transacted over £1.5 billion, nearly 50% of FC Exchange’s business is derived from recommendations.
FC Exchange defines itself as being different to comparable firms by adopting a one broker per client service so as to build long-term relationships and an understanding of each of its clients’ needs.
Our clients include private individuals purchasing property and sending regular payments abroad, as well as large businesses with complex currency exchange requirements. We buy currency at wholesale rates directly from the market, which are generally not available to individuals, and pass our cost savings on to our clients.
We are passionate about providing a simple, straightforward service, keeping our clients aware of market movements during the buying process and deliver any currency, bought or sold, accurately and on time.
Security
- Our principal clearing bank is Lloyds TSB where we hold our segregated client accounts in order to guarantee safety of client funds
- We have an A2 Credit Rating from Dun and Bradstreet, the global ratings agency. This rating shows significant financial strength and you can look us up on the Dun and Bradstreet website under our DUNS number 34-646-7629
- Grant Thornton has produced our full audited accounts for the past 5 years, all of which are lodged at Companies House
Regulation and Authorisation
- Foreign Currency Exchange Limited is authorised by the Financial Services Authority (No. 511266) under the Payment Service Regulations 2009 for the provision of payment services
- We are also registered with H M Customs & Excise under MLR No.12215508
Corporate Responsibility
At FC Exchange, we believe in fairness and doing the right thing. We maintain core principles and aim to develop our on-going responsibilities and commitments to our customers, the immediate and wider community, and the environment. Find out how we are doing this below:
FC Exchange Management Team
Martin Steenkamp
Financial Director
Nicholas Fullerton
Managing Director
Nicholas was appointed Managing Director in 2009 and is one of the founding members of FC Exchange. Nicholas worked within the foreign exchange markets before FC Exchange and until 2004 his time was spent in advertising, working for WPP Group on the accounts of Jaguar, Nike and BP before returning to the finance sector.
Daniel Wray
Dealing Director
Appointed Dealing Director of FC Exchange in March 2010, Daniel joined the company in 2007. He has over 9 years experience within the finance and banking sectors. Daniel came to FC Exchange from Societe Generale where he was a Money Market Dealer. Previously Daniel worked in the City for Martin Brokers.
Natasha Espinosa
Communication Manager
Natasha joined FC Exchange in October 2010 having previously worked at the FTSE 100, Capital Shopping Centres (CSC), formally part of the Demerged Liberty International. She has experience of both the private and public sectors having previously worked for the NHS and for the international Mars & Co Consulting.