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Bringing You The Best Value Currency Deals

Raising the Standard in Foreign Currency Exchange & International Money Transfers

Office hours : Monday to Friday - 8am till 6pm

Minimising currency risk whilst maximising opportunity

Mission Statement

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MSP Foreign Exchange Services was born

out of one man's disappointment and
frustration at the lack of informed opinion
and honest professional advice offered
by many of the commercial FX providers
and high street banks.

MSP Foreign Exchange Services is different,
and exists to provide a bespoke advisory
facility and execution platform in physical
FX delivery for the Corporate and Private
sectors from someone who has actually
been there, seen it, done it and is still doing it!

Our clients benefit from improved foreign currency exchange rates but also receive the best independent advice from a highly successful former interbank FX trader to execute deals at the optimum moment, given your time frame and prevailing market conditions.

MSP Foreign Exchange Services offers complete security of funds by executing trades only through preferred FSA and HMRC regulated providers.

Commercial rates of exchange

Fast and easy to use

No hidden fees


Secure bank to bank transfers

Honest professional advice

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Free transfers ( deals over £30k )

Personal Clients

Business Clients

When you need to transfer money overseas or bring money home MSP will save you time and money.

MSP provides a tailored service to help your business make international payments and mange foreign exchange risk

Buying or Selling overseas property?


MSP prides itself on working with corporate clients to help maximise FX opportunity whilst minimizing risk. We are acutely aware that executing currency deals is not your main core business but to deal more effectively will make a huge difference to your bottom line. 

Business Clients

One-off or regular foreign payments?

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Whatever your reason, MSP FX guarantee to beat the banks and make sure your money arrives quickly and safely.

Travel money


Get better rates than M&S, the Post Office or your high street bank

Commission free currency banknotes and travellers cheques

Free same-day delivery service in the City of London and Canary Wharf. Free next working-day delivery service nationwide on orders over £750.

The best rates of exchange always comission free


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We help a wide range of clients every year with their foreign exchange and international payment requirements.



''Mike provides a hands-on quality service both to me and my clients and has always produced research which is very accurate which ultimately leads to enhanced foreign exchange on our respective capital. His value proposition is further delivered by an excellent back office infrastructure which can expedite deals quickly and efficiently, which is of great importance in this market. I had looked to find this type of service for many years and feel more than confident with reference to introducing more clients to Mike and his team"

Barry Fromson MD- PFP Strategic Planning

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Informed market commentary from FX analyst Mike Paterson

The MSP Update

Tuesday 16 October 2018 Brexit in focus still as EU summit looms

Foreign Exchange Services

Apologies for lack of update yesterday due to some internet gremlins but normal service now resumed. Important UK cabinet meeting the focus this morning where PM May will attempt to get everyone on side ahead of tomorrow's key summit amid renewed talk of rebellion. GBPUSD has been down to 1.3082 and back up to 1.3198 on the uncertainty with UK wages and jobs data also in the mix at 09.30 BST. Sell interest now poised at 1.3200 and 1.3220 then 1.3250 again with the larger resistance area/sell interest still between 1.3280-00 with barrier option interest at 1.3300 expected to be defended should we get close. Immediate demand now around 1.3160 with larger interest into the 1.3130-40 area then 1.3100 and 1.3080 still. I remain a GBP rally seller for the moment but with a little caution still and happy to buy back in the dips. EURGBP has been up to 0.8826 (GBPEUR down to 1.1330) and remains supported around 0.8780 for the moment. Sellers poised now around 0.8800 then 0.8830 and 0.8850. Bids/support around 0.8780 then larger between 0.8750-60, 0.8730 and 0.8700. EURUSD has failed above 1.1600 again but equally has support into 1.1550 still with large option contract interest rolling off there again today .Decent bids/support now around 1.1575-80 then that larger interest between 1.1550-60 then 1.1520 and 1.1500 with sellers now poised at 1.1600,then 1.1620-30 and 1.1650 still. USDJPY has found a bit of dip demand into 111.60 demand/USD supply tones but continues to range tightly.. Bids/demand now around 112.00,111.85 and 111.60 still with sell interest into 112.30 then 112.50 still

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With over 38 years experience in the industry Mike’s knowledge and market intelligence converts into the best advice for his clients.

The MSP Update is essential for both personal and business clients alike who want to be kept informed on a daily basis. If you would like to discuss your requirements then give us a call now with no obligation on you to trade.

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MSP Foreign Exchange Services Limited 2 Blackmoor, Roodlands Lane , Four Elms TN8 6PG UK Company Number 8708683  MSP Foreign Exchange Services only uses companies regulated by the Financial Services Authority under the Payment Services Regulations 2009, and authorised by HMRC for the provision of payment services.

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