GBP/EUR— GBP/USD— EUR/USD— GBP/CAD— GBP/SAR— EUR/SAR— GBP/AED— EUR/AED—
Spot exchange

Live rates today.
Booked in seconds.

A spot exchange is the simplest form of currency trade — you see today's rate, you book it, the money moves. No forwards, no hedging, no complexity. Just a competitive mid-market rate, a clear spread, and settlement as early as the same business day.

Get started on WhatsApp See how it works
<30 sec
Quote to booked
T+0 / T+1
Typical settlement
140+
Currency pairs
1–3%
Typical saving vs banks
What you get

Built for speed and transparency

Every spot trade through SummitFX comes with the same commitments — competitive rates, full breakdown before you commit, and a dealer on hand if you need one.

Live market rates

You see the live mid-market rate and our spread in the same quote — no padding, no drift, no surprise adjustments between quote and booking.

Same-day settlement

Most major currency pairs settle same day (T+0) or next day (T+1). Exotics take longer, but we'll tell you exactly when funds will arrive before you book.

Rate lock on confirmation

Once you reply CONFIRM, the rate is locked — even if the market moves while your funds are in transit. No requotes, no re-bookings.

A dealer, not a bot

Every client gets a named dealer who knows your payment patterns and preferred pairs — reachable on WhatsApp whenever the market's open.

How it works

From quote to settled in four steps

The whole process usually takes under two minutes — from sending us a message to having your rate locked in.

1
Message us
Send us the pair and amount on WhatsApp — for example, 'I need to sell £50k for EUR.'
2
Receive your live quote
We reply within seconds with the live mid-market rate, our all-in rate, and the amount you'll receive.
3
Confirm
Reply CONFIRM to lock the rate. We send you payment instructions immediately.
4
Funds settle
Send us your funds. Most major corridors settle the same business day — often within hours.
Common scenarios

Real situations clients use spot for

Personal
Salary remittance

You earn abroad and send income home each month — to a mortgage, to family, or just to a sterling account. A spot trade fixes today's rate and your money lands the same day.

Overseas property
Property purchase

You've agreed the purchase price in EUR and need to move sterling to complete. A spot trade fixes today's rate and gets funds to your solicitor the same day.

B2B
Supplier payment

A wholesaler bills you in USD and payment is due by Friday. Book spot today, funds arrive in your supplier's account same day.

Personal
Investment

You're buying into a USD-denominated fund or overseas property deal. Convert at today's rate and deploy capital immediately — no waiting on a bank SWIFT window.

B2B
Repatriate sales revenue

Revenue is sitting in a foreign currency account after overseas sales. Convert back to sterling in seconds and move it to your operating account the same day.

Personal
Paying school fees

Your child's university fees are due in CAD. One message gets you a competitive rate and a booking in under a minute — no portal login required.

Any amount
Urgent transfer

Something's come up and you need EUR by end of day. Spot settlement is the fastest option available for most major pairs.

Common questions

What most people ask

What's the minimum I can exchange?
There's no formal minimum — we've handled trades from £500 to £5m+. Smaller trades may have a slightly wider spread to cover the fixed cost of execution, which we'll always tell you before you commit.
How is your rate better than my bank's?
Banks typically mark up the mid-market rate by 2–4% (sometimes more) and call it 'no fees'. Our spread is 0.2–0.6% depending on the pair and size — everything else goes to you.
What does T+0 or T+1 mean?
'T+0' means settlement on trade day (today). 'T+1' means the next business day. Most major currency pairs (GBP, EUR, USD, CAD, AUD) can settle T+0 if we book early enough. Exotics take longer.
Do you charge per trade?
No per-trade fee. Our spread is built into the rate you see, so the rate we quote is the rate you get — no receiving bank fees on our end either.
What happens if the market moves after I confirm?
Nothing to you. Once you reply CONFIRM, your rate is locked. Even if the market spikes or drops before your funds clear, your rate stays exactly where we booked it.

Ready for a live rate?

Send us a message on WhatsApp and we'll have a quote back in seconds.

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