Score
KnightsbridgeFX
https://www.knightsbridgefx.com/
Website
Rating Index
Influence
Influence
B
Influence Index NO.1
Contact
Forex License
No forex trading license found. Please be aware of the risks.
- This broker lacks valid forex regulation. Please be aware of the risk!
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Verified Site
knightsbridgefx.com
104.18.168.96Server LocationUnited States
ICP Registration No.--Top Visitor Locations--Creation Date--Website Name--Company--
Company Profile
Company Profile
Review summary
| KnightsbridgeFX Review Summary | |
| Founded | 2009 |
| Registered Country/Region | Canada |
| Regulation | No regulation |
| Services | Foreign currency exchange for individuals & businesses, bank-beating rates |
| Minimum Deposit | $2,000 CAD |
| Customer Support | Toll-Free (Canada/USA): (877)-355-KBFX (5239) ext. 1 |
| Local: (416) 800-5552 / (416) 479-0834 | |
| Email: contact@knightsbridgefx.com | |
| Address: First Canadian Place, 100 King St W, Suite 5700, Toronto, ON, M5X 1C7 | |
KnightsbridgeFX Information
KnightsbridgeFX is not a regulated financial service company in Canada. It is not licensed by the IIROC or provincial regulators. Although it is a genuine currency exchange business, it is not regulated by established financial agencies.

Pros and Cons
| Pros | Cons |
| Offers better exchange rates than major Canadian banks | No regulation |
| Same-day transfers available for most transactions | |
| No deposit/withdrawal fees |
Is KnightsbridgeFX Legit?
KnightsbridgeFX is not a regulated financial service provider. It does not hold any licenses from the Investment Industry Regulatory Organization of Canada (IIROC) or any provincial authorities in Canada, where it is registered.

According to WHOIS records, the domain knightsbridgefx.com was registered on June 11, 2009, last updated on June 7, 2023, and will expire on June 11, 2029. Its status is “clientTransferProhibited”, meaning that the domain is secure and live, protected from illegal transfers or modifications.

KnightsbridgeFX Services
KnightsbridgeFX is a Canadian currency exchange company that provides foreign exchange services to individuals and small businesses, with a focus on better exchange rates than banks. It caters to snowbirds, real estate buyers, expats, international students, and import/export firms, offering no hidden fees, same-day transfers, and personalized service.
| Services | Supported |
| Currency Exchange (CAD/USD & other FX) | ✔ |
| Real Estate Currency Transfers | ✔ |
| Tuition & International Student Payments | ✔ |
| Business FX for Import/Export | ✔ |

Minimum Exchange Amount
The minimum amount that can be exchanged with KnightsbridgeFX is normally $2,000 CAD per transaction. While that is their baseline level, they admit there is some flexibility based on the circumstances.

Deposit and Withdrawal
KnightsbridgeFX does not charge fees for deposits or withdrawals. Fees may be charged by intermediate and receiving banks when sending payments internationally. The minimum deposit (exchange amount) is usually $2,000 CAD, but they may offer some leeway.
| Payment Method | Minimum Amount | Fees | Processing Time |
| Bill Payment | $2,000 CAD | 0 | Same day (typically) |
| Wire Transfer | Same day or 1 business day | ||
| EFT (Electronic Funds Transfer) | Same day (typically) |

Company Profile
- 5-10 years
- Questionable Regulatory License
- High Potential Risk
News

News Canadian Dollar Update – Canadian dollar gives back gains
USD/CAD Open: 1.3748-52, Overnight Range: 1.3689-1.3756, Previous Close: 1.3700

News Canadian Dollar Update – Canadian dollar dives
The Canadian dollar was sideswiped by surging US Treasury yields yesterday, and it continued to feel the effects overnight. USDCAD soared from 1.3618 to close at 1.3717 yesterday, then extended the gains to 1.3741 just before NY opened today.

News Canadian Dollar Update – Canadian dollar trading with negative bias
The Canadian dollar remains under pressure due to external forces. Political dysfunction in America and a very hawkish US interest rate outlook have soured global risk sentiment and caused a spike in Treasury yields.

News Canadian Dollar Update – Canadian dollar rises with improved risk sentiment
USD/CAD Open: 1.3596-68, Overnight Range: 1.3587-1.3640, Previous Close: 1.3640

News Canadian Dollar Update – Canadian dollar gains ahead of US CPI
The Canadian dollar traded with a bullish bias overnight on the back of broad US dollar weakness.

News Monthly FX Update | July 2023
June, saw divergent economic outlooks. Initially, the US dollar was under pressure as many believed the Federal Reserve had completed its last rate hike for this cycle. However, this perception changed following the release of robust US economic data and hawkish projections in the FOMC dot-plot.
Wiki Q&A
Is KnightsbridgeFX safe and reliable?
According to WikiFX data, KnightsbridgeFX holds a low overall score of 1.60 out of 10 and is not regulated by any recognized financial authority. This indicates a high-risk profile with no external oversight to ensure fund safety or fair practices. Potential traders should exercise extreme caution.
Is KnightsbridgeFX regulated?
KnightsbridgeFX is not regulated by any known financial regulatory authority. WikiFX data shows no valid forex trading licenses, meaning the broker operates without official oversight.
What is the minimum deposit of KnightsbridgeFX?
The minimum deposit for KnightsbridgeFX is not publicly disclosed by the broker.
Does KnightsbridgeFX support MT4 or MT5?
KnightsbridgeFX does not publicly list support for MetaTrader 4 or MetaTrader 5 platforms. The trading platform details are not available.
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