Currency Audit
Our currency health check service will give you a full understanding of your conversion costs, accurately quantify your currency risk, and present ways to improve your currency management operations.
Book Your Currency ReviewThree questions
Be honest...
Do you know what you're being charged for FX transactions?
Would you benefit from transparent pricing?
Can you accurately quantify and articulate your FX risk?
Do you know your maximum potential loss amount?
Is your currency strategy producing consistent results?
When did you last review your FX performance?
Transform your data into powerful analytics
All we need is a spreadsheet of your currency conversions and we'll crunch the numbers.
Book Your Currency ReviewHow it works
Send us your conversion data
A spreadsheet of your currency conversions: trade dates and times, currencies, amounts and rates. That's it. Book a call and we'll let you know how to send it over.
We crunch the numbers
The cost analysis takes a couple of hours, and the risk analysis might take 1-2 days.
You get your bespoke report
Your conversion costs in % and £, your currency risk, a market update for your key currency pairs, and our suggestions for improvements.
We walk you through it
A call to go through the findings and answer your questions. No account needed, and no expectation to sign up.
Professional, board-ready charts and data pack
Your custom report includes a market update for your key currency pairs in addition to statistical analysis of your FX trading, transaction cost analysis, and our suggestions for improvements.
Book Your Currency ReviewIt's all upside
You don't need to open an account for your Currency Audit.
72%
of SMEs
Incur losses due to currency fluctuations
90%
of businesses
Would cut FX costs with Oku Markets
£0
cost
Our FX Audit is a free service
Get your hands on your report
Each report is completely bespoke, with actionable insights on your currency transaction costs, currency risk, and our expert suggestions for improvements.
We're sure you'll benefit
from our Currency Audit by benchmarking your rates and reviewing your currency performance.
You don't need to open an account for the Currency Audit, but we're sure you'll be pleased with our work.
We'll provide you with our commentary and suggestions for improvements, and if you'd like to take the next step in improving your currency management, we'd love to welcome you aboard.
Rest assured that if we don't think we're the right fit for your business, we'll be honest and suggest somebody else who we think would fit the bill!
Thinking about switching? Read how to choose a business FX providerExpect more
Get more from your currency provider
Get More
- Fair and transparent pricing
- Superior FX risk expertise
- Personal, high-value service
Do More
- Trade in 130+ currencies
- Own-name currency accounts
- Full range of FX products
Stay Safe
- Secure online platform
- Safeguarded client funds
- FCA-authorised partners*
*Oku Markets Limited is not itself FCA-authorised. We partner with a panel of FCA-authorised firms for payment services, electronic money issuance, and derivatives execution.
Learn moreCurrency Audit FAQs
What is a Currency Audit?
We take your trading data (currency conversions) and prepare a report outlining your costs of conversion (in % and £, what you're paying to trade), calculate your currency risk, and make suggestions for improvements.
What data will you need?
All we need is your conversion data. That means trade dates and times, currencies, amounts and rates. That's it.
How long will it take?
The cost analysis takes a couple of hours, and the risk analysis might take 1-2 days. Depending on what you need, we can be quite nimble for you.
How is it different?
We go a lot deeper than other firms, using our specialist experience and technology to provide accurate risk analysis and hedging strategy improvements. We can even perform back-testing and random walk analysis against hedging strategy ideas!
What does it cost?
We don't charge for this service because around 90% of recipients eventually become a client of ours, so we see it as a nice way to get to know each other. There's no expectation to sign up with us, though! The worst case for us is we learn a bit more and practise a bit more.
Do I need to open an account?
No. You don't need to open an account for your Currency Audit. All we need is a spreadsheet of your currency conversions and we'll crunch the numbers.
What happens after I get my report?
We'll walk you through it on a call, with our commentary and suggestions for improvements. If you'd like to take the next step in improving your currency management, we'd love to welcome you aboard. If we don't think we're the right fit for your business, we'll be honest and suggest somebody else who we think would fit the bill.
Is my data kept confidential?
Yes. We only use your data to prepare your report, and we don't share it with anyone else.