Get a currency quote in minutes
Live mid-market reference rate, transparent margin disclosed before you trade, and a same-day call back from a named dealer. No app, no chatbot.
An FX quote is the exchange rate available to you for a specific transfer.
The mid-market rate shown above is the wholesale reference rate published by the European Central Bank — it is indicative only and not the rate at which any provider trades. Your live trading rate depends on the currency pair, transfer size, timing, and your provider’s margin. To confirm your live rate, request a quote and a Cambridge Currencies specialist will call you back.
How a Cambridge Currencies quote works
Four simple steps from initial enquiry to live trading rate. We confirm everything before you trade.
Submit your enquiry
Use the calculator above or call us directly. Tell us the currencies, amount, and roughly when you need the funds.
Speak to a specialist
A named dealer calls you back. We discuss the corridor, the use case, and the appropriate FX strategy — spot, forward, or limit order.
Live rate confirmed
You receive a firm trading rate against the live mid-market — this is the rate you trade at, with our margin disclosed upfront.
Trade and settle
If you accept the rate, we book the trade and send settlement instructions. Funds typically arrive same day or next business day.
Bank quote vs app quote vs Cambridge Currencies quote
Most providers do not quote against the mid-market — they quote a rate that already includes their margin, with no clear way to see what you’re actually paying. Here’s how the three main routes compare on what really matters:
| What’s in the quote | High-street bank | Currency app | Cambridge Currencies |
|---|---|---|---|
| Mid-market rate disclosed | Rarely | Sometimes | Always shown |
| Margin disclosed before trade | No | Sometimes | Yes, every time |
| Typical margin (FX spread) | 2.5% – 4% | 0.4% – 1.5% | 0.15% – 1% |
| Transfer fee on £5,000+ | £15 – £40 per transfer | Variable | None |
| Forward contracts available | Limited | Some providers | Yes, up to 24 months |
| Named dealer to call | No | No | Yes — every time |
| UK regulator | FCA / PRA | FCA (varies) | FCA partners |
Margin ranges shown are indicative only. Actual rates depend on currency pair, transfer size, timing, and market conditions. See our guide to large international money transfers for tier-specific pricing.
“A quote is meaningless without context. We always show clients the live mid-market rate alongside the rate we’re offering, so they can see exactly what our margin is. That transparency is the difference between a price and a quote you can trust.”
Common reasons our clients request a currency quote
Cambridge Currencies handles transfers from £1,000 to £5m+. Some of the most common scenarios our specialists quote on:
Buying property abroad
Quoting on deposit transfers, completion payments, and forward contracts to lock in your Spain, France, Italy or Portugal purchase rate up to 24 months ahead.
Business international payments
Supplier payments, invoice settlement, and payroll for SMEs and corporates. See our business foreign exchange service for full corporate quote support.
Large private transfers
Inheritance, sale proceeds, retirement transfers, and high-value personal transfers — all with premium tier rates from 0.15% on £100k+. See large international money transfers.
Tuition and pension payments
Recurring payments for overseas school fees and retirement income, with regular payment plans and forward cover where useful.
“Most clients we quote for aren’t comparing rates in isolation — they’re weighing timing, structure, and risk. A property buyer worried about a euro spike before completion needs a forward, not just a spot rate. We quote on the full picture, not just the headline number.”
— Will Stead, Senior FX Specialist, Cambridge CurrenciesBuilt for clients who want a quote they can verify
Regulated and protected
- Cambridge Currencies operates with FCA-authorised payment partners who provide the regulated infrastructure for every trade
- Currencycloud — payment partner, FCA-authorised, FRN 900199 on the FCA Register
- ScioPay — payment partner, FCA-authorised, FRN 927951 on the FCA Register
- All client funds held in segregated safeguarding accounts with UK banks via our partners
- Robust anti-money laundering and identity verification on every transaction
What you get with every quote
- Live mid-market reference rate shown alongside our trading rate
- Margin disclosed in basis points — no hidden FX spread
- Named dealer handling your enquiry from quote to settlement
- No transfer fees on payments over £5,000
- Optional forward contracts to fix the rate up to 24 months ahead
- Same-day or next-business-day settlement on most major currencies
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Common questions about currency quotes
Clear answers on how our quotes work, what’s included, and how to get the best rate.
How do I get a currency quote from Cambridge Currencies?
Use the calculator on this page to see the indicative mid-market rate, then submit your details. A Cambridge Currencies dealer will call you back during UK business hours with your live trading rate. You can also call us directly on +44 1223 608 232.
Why is the rate on the calculator different from the rate I’ll trade at?
The calculator shows the live mid-market rate — the wholesale rate published by the European Central Bank as reference data. No retail provider trades at the mid-market. Your live trading rate includes our margin, which we disclose to you in full before you accept the trade.
Is a currency quote binding?
A live quote from a dealer is firm for a short window — usually a few seconds in volatile markets, longer in calmer conditions. Once you accept the rate, the trade is booked at that rate. The indicative mid-market rate shown on this page is not a binding quote.
Are there any fees on top of the quoted rate?
Cambridge Currencies charges no transfer fees on payments over £5,000. Below that threshold a small fixed fee may apply, which we confirm before you trade. Receiving banks occasionally apply their own intermediary charges — we will flag this if it applies to your corridor.
Can I lock in a quote for a future date?
Yes — through a forward contract. A forward lets you fix today’s rate for settlement on a future date, up to 24 months ahead. This is widely used by property buyers and businesses managing currency risk on known future payments.
Do I need to provide ID to receive a quote?
No ID is needed to request or receive a quote. ID and source-of-funds documentation are required before you trade, in line with FCA and HMRC anti-money laundering rules. Cambridge Currencies operates with FCA-authorised payment partners — Currencycloud (FRN 900199) and ScioPay (FRN 927951) — who provide the regulated payment infrastructure and handle the onboarding process.
What’s a fair margin on a currency quote?
Margin depends on the size and currency pair. As a guide: high-street banks typically charge 2.5%–4%, currency apps 0.4%–1.5%, and specialist brokers like Cambridge Currencies 0.15%–1% depending on transfer tier. We always disclose our margin before you accept the trade.
Can I get a quote outside UK business hours?
You can submit an enquiry at any time and we’ll call you back when the FX market is open. Live trading quotes are available Monday to Friday during the global FX trading day. The calculator on this page shows indicative mid-market rates 24/7, refreshed during European market hours.
Do you handle quotes for businesses as well as private clients?
Yes. Roughly half of Cambridge Currencies’ transfers are corporate — supplier payments, invoice settlement, payroll, and treasury hedging for SMEs and larger businesses. See our business foreign exchange service for full details.
Why trade by phone instead of through an app?
For large or strategic transfers, talking to a dealer means you can ask about timing, structure, and FX strategy — not just click a button. Our clients value having a named specialist who knows their account. For routine smaller transfers, an app may be more convenient — we’ll tell you honestly which approach suits your need.
Ready to request your quote?
Submit your enquiry and a Cambridge Currencies specialist will call you back during UK business hours with your live trading rate. No obligation, no pressure — just a transparent quote and a named dealer who knows your account.