1st Contact Forex
Suite 8.06, 9 Yarra Street, South Yarra, VIC 3141, Australia
1st Contact Forex are specialists in foreign exchange and international remittance to and from major global destinations. We can help you move funds across the globe in your private capacity by securing better exchange rates and lower fees than your bank can offer.
In 2001, we saw an opportunity to offer a user-friendly, fast, secure and cost-effective money transfer service and began operating an international foreign exchange remittance service for our clients. The service proved incredibly popular and we now serve over 60,000 registered clients and process over 140,000 transactions per year with offices in the United Kingdom, the United States, Australia, South Africa and Hong Kong.
Our clients include small and medium-sized businesses who import / export goods and need to pay suppliers, dividends, bills and make other international capital transfers.
Dealing and delivery
We help you optimise your position and reduce the risks associated with currency fluctuations and volatile exchange rates. We do this by offering a few options when making an international money transfer:
- Spot contracts are used when you need an immediate settlement for a transfer
- Forward contracts allow you to secure an exchange rate for an agreed time in the future
Price volatility increases risks, but it can also present new opportunities. With exchange rates fluctuating every few seconds, there can be marked differences in value within the space of a few hours.
1st Contact Forex can help identify, evaluate and mitigate the risks you face on day-to-day transfers, and give you the tools to take advantage of any opportunities.
We have market order, stop-loss order and limit order capabilities to meet all your requirements.
Please contact us if you have any questions or would like to register an account with us.
Money Transfers and Foreign Exchange