Should I use KBR FX for money transfers?
Pros:
Cons:
Services Offered by KBR FX
Official Website:
KBR FX Review: Executive Summary
KBR FX is a small, UK based, currency broker, that enables users to trade in a variety of currencies. The broker provides access to a range of currency pairs, as well as a variety of tools and dedicated dealers to help users make informed decisions about their trades. The company does not allow its customers to transact online, which is a big drawback for many potential customers that are used to do everything on their mobile phone. Overall it is a fairly small competitor in the fx space without any distinct advantages over competitors.
5
0Not Top 10 Ranked
Where is KBR FX Available?
Our Top Rated KBR FX Alternatives
On Money Transfer Comparison, we have reviewed 80+ money transfer services, 40+ of which could be considered direct KBR FX competitors. View our best rated KBR FX money transfer alternatives which have received higher ratings below:
Currencies Direct: Best Overall for International Money Transfers
Why Choose Currencies Direct?
- 96% Positive Feedback from Customers, Since 1996
- Service Oriented - Specialising in Large Transfers - Friendly Dealers
- Very Competitive Rates, No Wire Fees
- Global Leader in International Money Transfers - £10bn in Annual Turnover
- 20+ Global Offices
TorFX: Strong Guidance and Staff - Property Specialists
Why Choose TorFX?
- Headquarters Outside of London - Lower Staff Costs Rolled Over to the Client
- Quick Onboarding Process and Highly Professional
- Trading Desk with 100+ Years of Experience
- Excellent Online System
- Competitive Exchange Rates
Key Currency: Up and Coming Currency Broker with Local Presence UK/Spain
Why Choose Key Currency?
- Fastest Growing UK Currency Transfer Provider
- Strong Onboard Team, Get an Immediate Callback
- Recipient of Multiple Industry Awards
- Close and Personal Touch, Excellent Support
- Specialists in the UK-Spain Corridor with Local Offices
Xe: Biggest Name in Currency Exchange Since 1993
Why Choose Xe?
- Easy to Register With - Less Than a 2 Minute Process
- Global Company, Conglomerate Owned, Running Since 1993
- A Very Familiar Name (xe.com used to the biggest foreign exchange hub)
- A Combination of a Work-Of-Art Online System with Brokerage for Large Transfers
- Superb Customer Reviews
moneycorp: Oldest and Most Reputable Foreign Exchange Service
Why Choose moneycorp?
- Providing FX Services since 1979
- Very Recognisable Brand with Excellent Reputation - £36.9bn Transfers Annually with Offices in Every Continent
- Business Specialists
- Long-Term Forward Contracts Available, With Many Other Hedging Tools
- Sophisticated Payment Solutions
OFX: Known Provider - Specialising in eCommerce Customers
Why Choose OFX?
- Traded Publicly
- £20bn Turnover per Year
- Multi-Currency Collection Account for eCommerce Customers
- Global Presence
KBR FX are a UK currency broker with a focus on personalized service and competitive rates. This review will cover the company’s background, services and customer reviews.
Is KBR FX Safe?
Company size:
KBR has approximately 15 to 20 employees based on the company’s linkedin page, with a single office Tilbury, UK. The company operates to serve both corporate and private clients. KBR FX was founded in 2007 but there is very little information about the firm other than kbrfx.com’s own about us page.
Awards:
KBR FX has been recognised with an “Outstanding Company” award in 2015 by Plimsoll Publishing Ltd.
KBR FX has been recognised as one of LSE’s 1000 companies to inspire Britain
KBR FX has been recognised one of the top Essex businesses in 2013 and 2014 based on the Essex Limited Report.
Conclusion:
The company’s own description on it Linkedin page speaks volumes about its reputation
Exact quote –
KBR Foreign Exchange PLC is possibly one of the UK’s fastest growing foreign exchange providers, working with both corporate and private clients.
The word “possibly” pretty much says it.
KBR FX Customer Reviews
Research:
The only hint of customer reviews online for KBR FX, which isn’t a large enough sample size, is 3 Google reviews. All the reviews were 5 out of 5 rated.
Conclusion:
There are essentially no customer reviews for KBR FX online. Whether this indicates a red flag, or that they’re still a very small operation, is up for interpretation. The 3 Google reviews are positive and it’s better than nothing, but it’s not enough to persuade us that that the company does offer a good service.
KBR FX Exchange Rates & Fees
Fees:
No fixed fees.
Exchange Rates:
KBR does not disclose their exact exchange spread. There is evidence that on the 26th of June 2019, KBR facilitated a transfer at the GBP/USD price of 1.2600 which represents an approximate 0.9% margin which is about average in this industry.
Conclusion:
Impossible to say much about KBR FX’s level of competitiveness without client reviews to testify about their satisfaction or lack of satisfaction with KBR FX’s rates.
KBR FX Global Reach & Service
Research:
- Dedicated Dealer: Yes
- Offices: UK
- Ways to approach: Phone, Email
- Translations: No
- Accepts clients: Not mentioned
- Currencies Handled: 55+
- Client reviews: 5/5 on Google Reviews, but just 4 reviews
Conclusion:
Very localised service at most.
Kbr FX
kbr Review Summary
kbr FX is a relatively unknown firm with less than 20 employees based on their own Linkedin page. We see no advantage to using them instead of using one of the better known companies in this space.