CanadianForex Foreign Exchange Services Reviews - www.canadianforex.ca

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★★★☆☆
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Media Gallery for CanadianForex Foreign Exchange Services - www.canadianforex.ca

CanadianForex Foreign Exchange Services - www.canadianforex.ca

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Latest Reviews

★☆☆☆☆

“My personal non-experience with Canadian Forex”

Written on: 10/10/2015 by YanM (1 review written)

To begin with, you have to make a difference between the Customer Service Team and Somewhere. Please allow me to elaborate on these 2 very different parts of Canadian Forex. The Customer Service Team is 5 stars, no second thought. They are based in Toronto, if I understand well, and they called me within 30 minutes upon registration. On the other part, there is Somewhere. Somewhere is the Compliance department. You do not kn ow where they are located. You do not know who is the person you… Read Full Review

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★★☆☆☆

“Get all the details before you start”

Written on: 22/09/2015

I will give there customer service and the signup process a 4 star. However there is a great deal more information not present on their website or their introductory phone calls you should be aware of. Here is the information they asked to verify your identity. NOTE: this may be a Canadian regulation requirement. "Thank you for setting up your account with us. To finalise your account we need to verify your ID, after which you will be able to book your first deal. Please refer to below which… Read Full Review

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★★☆☆☆

“Debit Transfers Not At All Timely As Promised”

Written on: 06/08/2015 by Englishss70 (1 review written)

Set up debit transfer following provision of all documentation. Funds were removed from my Canadian institution and held for 4 business days, not 3 as indicated. Beneficiary U.S. account was not an overnight transfer, but middle of business day on day 5 of process. Consequently, funds were not available when needed. Allow 12 business days to make it happen… Read Full Review

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★☆☆☆☆

“Worst waste of time”

Written on: 09/08/2014 by Valerie170 (1 review written)

For 3 days, I've tried to open an account for the business. We provided every thing they requested, ask director to sign. Days goes by, and finally they came back to us, told me he needed 2 directors signature. (But its a small company, and the 2nd director only own only a few % of the company, and he is abroad all the time). So to sum up, the owner of the company(90%+) who can legally take any decision cannot open a foreign exchange account with CanadianForex... Ridiculous. what a waste of… Read Full Review

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★★☆☆☆

“Money was not transferred in a timely manner.”

Written on: 22/03/2014 by anDay147 (1 review written)

I completed all the paperwork to setup the account...everything was set and ready to go. On the day of my AUD currency purchase, I received a call from a CDN Forex Rep to confirm the purchase. 4 business days later I check my account only to find that the funds were never withdrawn from my bank to begin the transfer, and as a direct result never arrived at the intended location. Had to cancel the transaction and make he payment using VISA since it would take an additional 3 Days for the funds… Read Full Review

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★★☆☆☆

“Very slow wire transfer in Asian countries”

Written on: 19/02/2014

Our money was in the Forex account Jan 29th. My son did not receive his living expenses in his account until Feb 17th. It took Canadian Forex 14 business days to wire transfer which was not what I was lead on to believe. Their first excuse was Chinese New Year Holidays, their second excuse was they need to do due deligence and their third excuse when I called, was because the bank in Taiwan was holding the funds for 5 business days. This they claimed was very regular when dealing with… Read Full Review

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★★★★★

“Excellent and simple service”

Written on: 16/01/2014 by cwlh (1 review written)

Over the years I have tried various mechanisms for what appeared initially to be the simple task of transferring money from my UK to my Canadian bank account. This has resulted in frozen bank accounts, extremely high fees and enormous delays (up to 8 weeks!). Less than a week ago I found CanadianForex and the timeline has been: 1. Sunday morning: created an account with CanadianForex. 2. Sunday lunchtime telephoned by a chap from CanadianForex presumably to make sure that I wasn't laundering… Read Full Review

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★★★★★

“Easy, reliable, better than the Canadian Banks, by far!”

Written on: 19/07/2013

I've used CanadianForex to accumulate US dollars for major purchases, love that there are no fees on many transactions, and that the exchange rates were often the best available to me - even better than the rate reserved for bank employees or preferred customers. I also buy Mexican pesos to transfer to an account there or for paying peso bills. My only real beef is that there is a lack of information/analysis on the reasons for the performance of the CDN$ versus the MXN currency. I suspect… Read Full Review

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★★★★★

“Excellent service, and results”

Written on: 03/04/2013

Used them for a transfer overseas, and they were always available (except weekends) and I did not have to wait. Nor did I have to chat with machines. They were very helpful, and always friendly. But most of all, my money got to where it needed to be, within a day. I had concerns, especially as it was in the tens of thousands. We always think of the safety of our own bank. But they were completely legit, and trustworthy. And I paid no fee as advertised, and the exchange rate was better than the… Read Full Review

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★★★★★

“Bones71”

Written on: 15/03/2013

Great Service all around. I would like to see the minimun reduced to $10,000.00… Read Full Review

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★★★☆☆

“Rates could be better”

Written on: 17/11/2012

The technology is fine, the service is polite and helpful, but the rates are ho hum. I found that unless I was transferring very large sums of money (over GBP10k) I could find a better rate on the high street… Read Full Review

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★★★★★

“Canadianforex is for me!!!”

Written on: 09/08/2012

Fantastic service from start to finish. The staff are amazingly helpful. They go the extra mile every time. I had never thought of using a foreign exchange business before. However when I looked at what my bank was going to charge me it was a no brainer. I highly recommend them!… Read Full Review

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★★★★★

“Couldnt ask for a better service!”

Written on: 01/08/2012 by brookeharper (1 review written)

This company has made my life so much easier! I have had so much trouble and stress doing wire transfers through the bank. but now that i have signed up with canadianforex, not only are they quick, reliable and easy to use, i love being able to speak to a real personal when i need assistance on the first few rings and each person i have spoken to, has been extremely friendly and helpful. Thank you Canadianforex, you guys rock!… Read Full Review

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★★★★★

“Easy, quick and reliable transfer”

Written on: 26/07/2012 by Richard1066 (1 review written)

I use Canadian Forex to convert $CAN to $US for travel. Process was easy to set up and transfers are quick and reliable to execute… Read Full Review

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