Foenix Partners specialises in Foreign Exchange (fx) solutions to UK companies and individuals with international business. In a volatile and uncertain market, our success is founded on simplicity and expertise.
Our core service is to provide sharp pricing and smooth settlement on currency conversion and international payments.
Exclusive to the Foenix approach is receiving a consistent contact point in the form of a dedicated sales trader, getting free access to our market research and being provided with bespoke risk management guidance in line with your currency needs.
We can’t control where the Inter-Bank (official) rates are trading, but super-sharp pricing ensures you achieve a rate very close to it.
Our best-in-class retention rates are because we don’t exploit the trust of our clients and continue to reward their loyalty
by pricing transactions in a way that is transparent and consistent. For those considering an alternative provider for the first time,
a short call could reveal staggering savings.
For those who have been disappointed by multiple providers - frustrated by unfulfilled promises, self-serving advice or changes to transaction pricing – it can end with a call.
Fast and efficient settlement is the most fundamental feature of our service.
Ensuring prompt payment without hidden charges is too often overlooked. We recognise that the pricing and execution provided by our Sales Traders would mean little without the right delivery. If queries arise, our Support and Operations teams are always happy taking direct calls from our customers during UK working hours.
A friendly and experienced hand responsible for overseeing your FX deals: from initial discussions to executing the transactions and even fielding any initial queries regarding settlement or post-trade.
He or she will quickly understand your requirements
with regards to transaction types, levels you are targeting and your information preferences.
We’ll look for the opportunity to monitor markets on your behalf and proactively get in touch,
but are happy to oblige if all you want is a quick call and a sharp price.
In addition to bespoke updates that our strategists and traders send out around market events,
our regular publications deliver accurate and impartial information to support you in forming a view - and a strategy - for your currency requirements.
Emailed every morning, The Daily provides
a short summary of the key themes and main events affecting the major currencies.
The focus is typically on GBP, USD and EUR, but we’ll always aim to capture the headlines from across the financial markets.
Reuters, the news agency, polls economists across a group of financial institutions for their
1, 3, 6 and 12 month forecasts for interest rates and currency majors.
We compile these into a short and digestible presentation along with our own commentary.
Quarterly report, incorporating market trends, technical reports and one-off articles.
Your dedicated Sales Trader is always available to discuss currency moves, market events or the economic outlook. If ever you want more bespoke information, we are happy to prepare this for our active clients – complimentary, of course!
Our service begins and ends with simplicity.
The FX markets are volatile and uncertain but our risk management approach is as simple or as complicated as the needs of our customer. What begins with a simple approach of understanding the business (budget or costing levels, contract anomalies, payment terms, etc.) will always end with simple products.
Any movement of funds outside your banking provider comes with perceived risk: in the case of Foenix Partners, this is without justification as the FCA’s Safeguarding Requirements re-allocate risk related to the credit-worthiness of Foenix, limiting exposure to that of the custodian bank.
All client funds are held in segregated accounts in accordance with the FCA requirements and we undergo regular audits to accredit our full compliance.
Funds in the client accounts remain client money which is not available to an insolvency practitioner on an insolvency of Foenix. The FCA maintains a complaints-driven approach to regulation and would revoke our licence if we were not providing the right duty of care in all client dealings.
Non-banking provider of Foreign Exchange conversion services.
We offer the full suite of traditional Foreign Exchange products (spot, forward, payments, swaps, orders, etc.). The strength and depth of Foenix Partners is in the service built around the currency conversion - our discussion can be as simple or as complex as you need.
Existing resources were pooled from across the UK Foreign Exchange market and launched as Foenix Partners in 2011 with the backing of a large international venture capital firm listed on the Hong Kong Stock Exchange.
Almost the entire team of Sales Traders began their careers on the trading floors of corporate and investment banks,
giving the team a unique markets and risk management pedigree.
Offices and trading floor are in Liverpool Street, in the heart of the City of London.
We welcome visits from our customers.
Because for the same level of security of funds you will achieve a better service and substantially better pricing.
We regularly offer savings of 2-3% (of notional) versus banking providers. The relationship with our customers is stand-alone and does not fall within a broader relationship.
This means our success with customers is based entirely on the value we add in assisting with their Foreign Exchange and the relationship continues on those merits alone.
Register as a client of Foenix.
Completing our Terms of Business enables us to transact but comes with no obligation to do so.
DAKS Simpson Group has recently started dealing with Foenix Partners for many of its significant currency transactions.
They always seem to be able to offer a better rate than any of my other contacts, and I am delighted by the efficiency, courtesy and professionalism of their staff.
Anita Larsen / Head of Group Finance . DAKS
We recently engaged with Foenix to provide our Foreign Exchange needs to support the purchase of a holiday home in the US.
Foenix were invaluable during this process providing a fast, reliable and customer friendly level of service and advice.
It didn't matter who we dealt with the speed of response and the customer experience was always of the highest standard. We continue to count ourselves as loyal customers of Foenix and will most certainly be using their services again.
Mark Jones / Director . Nestle UK
16 Holywell Row
London . EC2A 4XA
For existing customers, your dedicated Sales Trader will be the best starting point for any enquiry.
If you are new to Foenix Partners, let us know how we can help:
+44 (0) 207 397 3535
+44 (0) 207 397 3535
+44 (0)20 7397 3521
+44 (0) 207 397 3526
We will consider direct applications
for the following positions:
Internships (Post-graduate only)
Operations (Middle Office and Settlements)
To submit your CV or request further information
on current vacancies, please email us.
Foenix Partners is a UK limited company – our number is 07677978 – and can be found on the Companies House website.
Foenix Partners Ltd is registered with Her Majesty’s Revenue and Customs (“HMRC”) as a Money Service Business under the Money Laundering Regulations – no. 12647529.
Foenix Partners Ltd is registered with the Financial Conduct Authority (“FCA”) as an Authorised Payment Institution under the Payment Services Regulations 2009 for the provision of payment services. Our FCA registration number is 764322. Within this regulatory status, Foenix Partners has opted into the FCA’s Safeguarding Requirements.
Please provide us with some basic information and we’ll be in touch to get you set up as a client of Foenix Partners. No obligation to transact, but ensures that if you want to deal, you can move quickly to capture the right rate in a moving market.