/Reviews/Currencyflow Review

Currencyflow - Review of New UK FX Broker

Currencyflow is a new currency broker brand in the UK, led by a team of experienced FX traders.

Do they make for a good alternative to established brokers like TorFX or money transfer apps like Wise?

Let's take a look at what they're offering.

Luke Eales
Author 
Luke Eales
2 minutes
May 19th, 2025
Currencyflow launched in the UK in early 2025, aiming to provide an alternative to the existing crop of FX brokers.

Targeting higher value transfers from £2,000 up to £2m, Currencyflow is using the proven playbook of high-touch customer service to attract customers.

It's worked well for many similar companies. Given that Currencyflow is led by Andy Dyer - previously of TorFX, IFX, Key Currency and most recently Regency FX - you can expect that Currencyflow knows what customers want from a money transfer company.

Exchange rates and fee structure

As is the norm with currency brokers, Currencyflow charges no fees for its services, however it won't give you the mid-market rate. You'll be quoted a rate that includes some margin, which could vary from 0.2% up to 1.5% depending on the currencies, market dynamics and nuances of your transfer.

This FX markup is very competitive with banks, and should hold its own with most FX brokerages too.

Of course, no brokers tend to use fixed pricing, so you'll have to contact them directly to see how competitive they are for your needs.

Currencyflow.com website homepage
Currencyflow.com website homepage

Customer service

Currencyflow is very new to the market, so there is a lack of online reviews or testimonials from customers.

Service is the main USP of the brand, and I'd expect to see that come through in time. The trading team is accessible by phone, live chat and WhatsApp, which is impressive compared to most money transfer companies and brokers. The team also has deep experience in the currency broker business, so you'll be able to tap into decades of know-how.

So while on paper Currencyflow is very likely to be offering five star service, we don't (yet) have the proof from a large customer base that they're delivering.

Product

Currencyflow is not a modern fintech; it is more of a service-based broker business. To deliver their services, they use a third party FX platform called Sciopay. You can access this on web and mobile, though there is no mobile app available. It works just fine for creating an account and making your own currency exchanges.

Alternatively, you can skip most of this and just deal online if you'd prefer - once you're registered and have provided any necessary documentation.

Safety

While Currencyflow is not directly authorised by the FCA at this point, it delivers its services using Sciopay, which is itself regulated by the FCA. This ensures that customer funds are kept safe.

It should be noted that certain shareholders of the parent company of SendAbroad.co.uk are also minority shareholders in Currencyflow Limited. This does not affect our reviews or scores, which are unbiased.

Other top rated FX brokers

Key Currency review
But this is a crowded space, and FX brokers are flooding the market. Let's find out whether Key Currency deserves to cut through the noise.
February 12th, 2025
TorFX review
As a currency specialist, TorFX has a big advantage over traditional international bank transfers (for example, sending to a foreign bank account directly from Lloyds Bank or Barclays).
September 13th, 2024

Contributors

Luke Eales
Luke is the founder of SendAbroad and is based in London, UK. His aim with SendAbroad is to help Brits be smart with their international money moves.