Exchange4free offers a safe alternative to sending money worldwide through banks or unregulated brokers.
Our company has been operating since 2004 with over 30,000 clients worldwide ensuring that you are dealing with a highly reputable company. The business operates a pure brokerage model and does not speculate against client trades or run unhedged foreign exchange exposures with dealer banks.
Exchange4free South Africa
Our South African business operates in strict accordance with exchange control and South African Reserve Bank (SARB) regulations.
We work via Intermediary Agreements with local Authorised Dealer banks and client funds are held in bank accounts that are owned and controlled by the Authorised Dealer banks. Funds are not held in Exchange4free owned accounts and we have no access to or control of this money.
Regulations and Licences
Exchange4free is regulated as a Money Service Business (MSB) in the following regions:
Online Systems and Technology
Exchange4free uses a secure, encrypted online platform over HTTPS using an SSL certificate from Geo Trust.
We employ a high level of automated anti-money laundering and compliance data analysis techniques to ensure data integrity and security for our clients.
Our system also use Verisign Trust Seal to ensure our system is 100% secure and malware free for all our clients.