Thanks for the replies.
That was something I noticed, I have no idea why unless they have a large number of clients there.
Another thing I learned both from their website and talking to them is that they are regulated in each of the countries where they have offices, as two of them are in the EU that means the regulation is EU wide.
I'll see how I get on. Based on yesterday's exchange rate they were offering 8c on the £ more than my bank without any additional charges.
I did a rough calculation based on exchange rate differences between the bank, the market, and the company, as well as charges.
By my calculations, taking everything into account (sorry about that
) it costs around 7% through the bank and close to 1% through them.
That is a big difference!
The Boss is one of your fellow-countrymen, what can I say?