Step 1

Before you can carry out a currency transaction, you will need to be a PEX FX client. To do so, simply fill out our account opening forms, these can be found in the ‘Become a PEX FX Client’ section of our website and return along with the relevant documentation.

There is no cost to set up the account and you are under no obligation to trade.

Once we receive the completed application forms and the correct documentation, we endeavour to open your account within 2 – 5 working days.

Step 2

A member of the PEX FX team will be in regular contact with you throughout the account opening process, constantly updating you as to when you will be able to trade. Once the account process is complete, you will receive an email inviting you to register at PEX FXPaynet, from this point you are free to trade online or over the phone, as often as you like.

If you decide to trade online, you will receive instant notification and details of the trade, alternatively, if you traded over the phone, we will send you, via email, the breakdown of the trade and the total sterling amount owed to PEX FX.

Step 3

Send the funds to PEX FX via BACS or CHAPS, once your funds hit our account, we will forward them on to your beneficiary as per your instructions.

Step 4

Your funds will arrive, swiftly, securely and without any beneficiary deductions.