What could you save using MTFX vs Bank?

Transfer CAD $25,000 to USD and you could get up to USD $422 more.

The comparison savings are based on a single transfer of CAD $25,000 to USD. Savings are calculated by comparing the exchange rate including margins and fees provided by each bank and MTFX on the same day (March 23, 2023).

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Why choose MTFX?

Bank Beating Rates

Lower your conversion costs and keep more of your money.

Send Money Worldwide

Send money in 50+ currencies to over 200+ countries.

24/7 Online Money Transfers

Check rates, view balances and transfer money online quickly and efficiently with our secure online platform.

Global Payment Experts

Our team will help ensure your transfers get to where the need to be, quickly and efficiently.

The Preferred Choice

Since 1996, we’ve being helping individuals and business with personalized FX solutions to meet their needs.

Transact with Confidence

MTFX has been in business for over 25 years. We are regulated by FINTRAC.

Register in less than 5 minutes.

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How it works

Open an account

Opening an account is simple, fast and free. You can monitor live exchange rates 24/7.

Book a great rate

You can send transfers in over 50 currencies to more than 200 countries. You can fund your account via bank transfer or bill payment.

We’ll do the rest

Track your transfer online. Most transfers are delivered within 24-48 hours.

Real Time Exchange Rates

	Rate	Change	Trend	Add / Remove

MTFX Currency Exchange Tools

Currency Converter

Use the MTFX Live Currency Rate Calculator to get top global foreign exchange currency exchange rates.

Get Rates

Currency Charts

Access current and historical charts for any currency pair in the world. These charts present live mid-market rates*, otherwise known as the interbank rate.

View Charts

MTFX Rate Alerts

Want to know when a currency pair hits a certain rate? MTFX Rate Alerts can notify you when your desired exchange rate is reached for your selected currency pairs.

Create Alert

Try us out on your next money transfer.

Great rates, lower conversion costs and excellent service.

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Daily Currency Forecast

24 Mar 2023

USD Rebounds

The US dollar has once again spiked against the Canadian dollar. Yesterday, the greenback flirted to its lowest level since March 7 near 1.3630 and subsequently recovered to around 1.3735.

Read today’s Fx comment

Hear what our customers are saying

We have exclusively worked with MTFX for +15 years utilizing their entire suite of solutions for international business payments, always receiving the best in market rates. Their team of market experts are the best in the business and their customer experience is unparalleled. They help us mitigate risk, international payments processing and settlements as well as developing strategies to keep our business on the right track.

Hylton Karon

President and CEO

Coconut Groves Intimates | iFabric Corp

Industry: Textiles, PPE | Solutions: Risk management, forward contracts, global payments

Having an online business marketplace gives us access to customers all over the globe. To ensure we can manage business growth while controlling FX risk when selling overseas, we found MTFX to be the only solution for us. Their solutions protect us from market risk and their global payment solutions help our business to run smoothly while protecting our cash flow.

Jason Gonclaves

Co-Founder

Perma Brands Corporation

Industry: Online seller | Solutions: Multi-currency accounts, incoming payments, global payments

Ensuring that we protect our business from market volatility and currency exchange risk is why we chose to work with the team at MTFX. Their solutions for risk management are customized specifically for our needs. This matched with having access to market rates that always beat the bank has kept our relationship ongoing year after year.

Paul Harjono

Principal

Tortech Group of Companies

Industry: Computer hardware | Solutions: Market orders, forward contracts, currency exchange

Our business requires us to be able to meet the demands of our customers at any time, day or night. Our processes need to be simple, fast, and cost-effective to be successful. Thus, we have the same expectations for our international payment’s provider. This is exactly why we chose MTFX.

Richard Caldwell

Founder and CEO

SOS Floral

Industry: Florist | Solutions: Forward contracts, global payments, spot contracts

To grow our business into new markets we chose MTFX to manage our risk exposure. We compared everyone in the industry for the best rates and MTFX always came on top. MTFX solutions that they customized specially for our business support our growth across borders.

June Yamamoto

CFO

UNI-RAM Corporation

Industry: Industrial manufacturing | Solutions: Currency exchange, spot contracts, forward contracts

Our business is international. To continue to grow our business overseas, while mitigating risk and protecting our cash flow, we work with MTFX. Their market rates and solutions for global payments help support our goals of growing our revenues when doing business overseas.

Cora Gomez

CEO

NP Group

Industry: Wholesaler/distributor | Solutions: Currency exchange, global payments

MTFX is my go-to solution for our currency exchange needs. They always have the best price and the best customer experience. We look to MTFX for all our currency exchange needs in order to make the most cost-efficient exchanges for our business.

Jack Greenburg

Principal Lawyer

The Law Offices of Jack Greenburg

Industry: Legal | Solutions: Currency exchange

Our business is global, and we chose MTFX as our global payments partner to protect us from the volatile exchange marketplace. We utilize their solutions for risk mitigation and global payments processing to ensure we keep our business on track, no matter which country or currency we are working in.

Eli Abitbol

Founder and CEO

Gateways International

Industry: Travel | Solutions: Market orders, forward contracts, global payments, risk management

The vast amount of currencies and countries that MTFX has access to is exactly why we chose them for our global payments business. Our high-end offerings require us to exchange large volumes on an ever-evolving basis and MTFX constantly has the best rates in the industry to protect our business from market volatility.

Roman Cholasta

CEO

Minotti Toronto

Industry: Boutique furniture distributors | Solutions: Forward contracts

Using MTFX’s international tuition payments solution, PayMyTuition, was seamless to implement. PayMyTuition directly integrated into our student information system and the dashboard was easy to use as it helped our staff see the real-time status of student tuition payments at anytime.

Carly Crosson

Manager, Accounting – Revenue

Thompson Rivers University

Industry: Education | Solutions: Incoming payments, international payments

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Currency Exchange and International Payments Made Easy

Keep more of your money by reducing your currency conversion costs.