Global Broker Regulation Inquiry App
WikiFX
No Regulation
Score
0
1
2
3
4
5
6
7
8
9
.
0
1
2
3
4
5
6
7
8
9
0
1
2
3
4
5
6
7
8
9
/10
KnightsbridgeFX
Canada
|
5-10 years
|
Suspicious Regulatory License
|
High potential risk
https://www.knightsbridgefx.com/
Website
Rating Index
Influence
Influence
B
Influence index NO.1
Canada 6.84Surpassed 15.80% brokers
Biz Area
Search Statistics
Advertising
Social Media Index
Contact
+1 877-355-5239-1
contact@knightsbridgefx.com
https://www.knightsbridgefx.com/
First Canadian Place 100 King Street West, Suite 5700 Toronto, Ontario M5X 1C7
Licenses
No valid regulatory information, please be aware of the risk!
Keywords 3
5-10 years
Suspicious Regulatory License
High potential risk
Warning: Low score, please stay away!
2025-10-29
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
3
Basic Information
Registered Region Canada
CanadaOperating Period
5-10 years
Company Name
Knightsbridge Foreign Exchange
Abbreviation
KnightsbridgeFX
Company employee
--
Customer Service Email Address
contact@knightsbridgefx.com
Contact Number
+187735552391
Company Website
Company Address
First Canadian Place 100 King Street West, Suite 5700 Toronto, Ontario M5X 1C7
Biz Area
Website
Company Summary
News
Wiki Q&A
Comment
Users who viewed KnightsbridgeFX also viewed..
FXCM
9.34
Score
Above 20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
FXCM
Score
9.34
Above 20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Official website
fpmarkets
8.88
Score
ECN Account Above 20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
fpmarkets
Score
8.88
ECN Account Above 20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Official website
Neex
8.73
Score
ECN Account 15-20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Neex
Score
8.73
ECN Account 15-20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Official website
VT Markets
8.68
Score
ECN Account 5-10 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
VT Markets
Score
8.68
ECN Account 5-10 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Official website
Website
knightsbridgefx.com
104.18.168.96
Server Location
United StatesICP registration
--
Most visited countries/areas
--
Domain Effective Date
--
Website
--
Company
--
Company 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) |
Keywords
- 5-10 years
- Suspicious 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
2023-11-09 14:03
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.
2023-10-24 18:39
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.
2023-10-12 14:22
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
2023-09-14 11:05
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.
2023-08-11 11:20
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.
2023-07-25 15:12
View More
Wiki Q&A
Shoofar 
1-2 years
In what ways does KnightsbridgeFX's regulatory standing help safeguard my funds?
From my experience as a forex trader who places a premium on safety and fund protection, regulatory standing is a critical consideration in my broker selection process. When I look at KnightsbridgeFX, I see that they operate without any form of recognized regulation in Canada—they are not licensed by IIROC or any provincial authority. This absence of oversight has substantial implications for clients like me.
Regulation serves as a layer of safety because licensed brokers are compelled to adhere to rigorous capital requirements, segregation of client funds, periodic reporting, and dispute resolution mechanisms. These processes help create legal recourse in cases of mismanagement and generally provide assurance that business practices are subject to ongoing third-party scrutiny. Without this oversight, I recognize there’s a heightened risk—if something were to go wrong, I might not have access to compensation schemes or regulatory intervention.
With KnightsbridgeFX, I see that there’s no external agency actively monitoring how client funds are handled or ensuring compliance with industry standards. For me, this means I have to exercise an extra degree of caution and accept that my funds do not benefit from the formal safeguards and protections that regulated brokers are required to maintain. As a risk-conscious trader, I would factor this heavily into my decision, and I would only proceed if I was fully comfortable with this level of exposure.
Broker Issues
Regulation
08-23
United States
Abu00saeed
1-2 years
How much do I need to deposit at a minimum to start a live trading account with KnightsbridgeFX?
Based on my research and direct experience evaluating brokers, I can share that the minimum exchange amount to start using KnightsbridgeFX is typically $2,000 CAD per transaction. This requirement strikes me as relatively high when compared to most retail forex brokers, which often allow much smaller initial deposits. The rationale behind such a minimum, in my view, is closely tied to KnightsbridgeFX's business model: they primarily focus on currency exchange services for individuals and small businesses rather than catering to active retail forex traders.
In practice, this means you’ll need at least $2,000 CAD ready to begin, although KnightsbridgeFX has indicated there may be rare flexibility depending on specific circumstances. Such flexibility, however, shouldn’t be relied upon as a guarantee. Importantly, there are no specific deposit or withdrawal fees charged by KnightsbridgeFX, but I would urge caution regarding any potential charges from intermediary or receiving banks, especially with international payments.
For me, the high minimum transaction size, combined with the absence of proper regulation, is a significant factor to weigh. If your trading plan or currency exchange needs fit this higher entry point, KnightsbridgeFX might be technically accessible. However, I cannot stress enough the importance of fully vetting your options and understanding the risks before moving forward, particularly when a firm is not regulated by recognized authorities.
Broker Issues
Deposit
Withdrawal
08-09
United States
sinopi
1-2 years
Would it be safe and trustworthy for me to trade through KnightsbridgeFX?
As someone who’s been trading forex for many years, I always prioritize the regulatory background and transparency of any broker before considering their services. With KnightsbridgeFX, I immediately noticed several risk flags in my due diligence. The company isn’t licensed by IIROC or any Canadian provincial authorities, so it operates entirely outside the framework of regulated financial oversight. This lack of regulation means that, if any dispute or problem arises, there may be no formal recourse or investor protections available—something I consider a non-starter for holding or transferring significant funds.
While KnightsbridgeFX has been in operation since 2009 and focuses on offering competitive exchange rates (often attractive compared to Canadian banks), I find that the absence of regulatory checks greatly overshadows any such advantage. The company highlights same-day transfers and no deposit or withdrawal fees, but for me, none of these features compensate for the high potential risk from lack of oversight.
I noticed that at least one user review didn’t report major issues at the outset, but there’s minimal independent feedback overall, and crucially, there’s a documented finding that no physical office was located during a visit. For me, until KnightsbridgeFX earns proper regulatory approval, I would not consider them a safe or reliable choice for my trading. Personally, I always stick to brokers who are fully licensed by reputable authorities, as financial safety and legal recourse take precedence over potentially better rates.
Broker Issues
Regulation
08-07
United States
Sanjay sirohi
1-2 years
Does KnightsbridgeFX offer fixed or variable spreads, and how are those spreads affected during periods of high market volatility or major news releases?
Based on my close examination of KnightsbridgeFX, it’s important to recognize that it operates primarily as a currency exchange service rather than a typical forex trading platform. My experience searching through their details showed no clear mention of spreads, either fixed or variable, in the traditional sense—something I’m usually vigilant about when selecting a broker. Instead, KnightsbridgeFX emphasizes providing better exchange rates compared to major Canadian banks for currency conversion transactions, focusing on services for businesses, international students, and real estate dealings.
Because this company isn’t regulated by IIROC or any provincial authority, and given the lack of transparent information about trading spreads or order execution models, it isn’t possible for me to verify how, or even if, spread adjustments occur during volatile market events or significant news releases. In conventional forex trading environments, spreads—especially variable ones—can widen considerably in fast-moving markets. However, within KnightsbridgeFX’s service framework as outlined, such mechanisms and associated risks are neither described nor visible.
Given the absence of regulation and specifics about spreads, I personally approach KnightsbridgeFX with caution. For my needs as a trader, transparency around pricing and execution is critical, especially when market conditions are unstable. Without clear spread disclosure, I would not use KnightsbridgeFX for speculative trading, and I believe anyone prioritizing these factors should consider regulated alternatives that provide transparent trading conditions.
Broker Issues
Fees and Spreads
08-05
United States
View More
Write a review
Exposure
Neutral
Positive
Content you want to comment
Please enter...
Submit now
Comment 1
Write a comment
1
TOP 
Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now