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Open Account
Open Account

Reduce the Costs and Risks
of doing business internationally

|
Multi-currency Accounts
|
Cross-border Payments
|
Currency Exchange and Hedging Online
|
Affordable, transparent rates
|
| Multi-currency Accounts
| Cross-border Payments
| Currency Exchange
| Online Hedging
| Affordable, transparent rates
Open Account
Speak with us first
Open Account
Speak with us first
Become our partner >
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As featured in:
FX SPOT

Halve your conversion costs

Exchange foreign currency for 50% less than you pay now:

No onboarding fees, subscription fees, or hidden charges
24/7, self-serviced access
See exactly how much we’ll charge you, before you execute the trade
Open Free Account

1,000+

UK businesses served

£100m+​

projected FX savings
by 2028

100%

self-service
and automated

50%

cheaper than your
current provider

We’re authorised and regulated in the UK
by the Financial Conduct Authority​

Committed to lowering market rates to support the
needs of business owners and finance professionals​

FX FORWARDS

Hedge Later at .04% per month

Get a fixed future currency exchange rate.

Fixed / Flexible / Windows Forwards
Up to 24 month Tenors
34+ currencies
Up to £30m
Real-time transparency on our mark-up pre-trade
Open Free Account
FX OPTIONS

Hedge Now, Pay Later​ at .02% per month

Tailor made solutions to protect your margins.

Simple insurance-style protection
Up to 24 month tenors
34+ currencies
Up to £30m
Real-time pre-trade transparency of our mark-up
Capped margin call products
Get a Quote
X HEDGE

Come for the Spot.
Stay for the Hedging.

Our X Hedge platform brings multi-currency solutions made accessible, simple and transparent for finance and treasury teams worldwide.

Simplifed access

Access the right multi-currency and hedging products, cost-effectively and intuitively.

Better informed decisions

Make educated hedging decisions to protect your financial operations from the inherent risks of cross-border financial operations.​

Ultra low, transparent costs

Benefit from some of the, if not the, lowest rates on the market, sustainably and transparently, thanks to our straight-through process automation capabilities.​

Our Commitment to Costs Transparency​

At ALT21, we believe that the way you hedge or exchange currencies can be improved significantly, saving your business time and money. We are so confident in our offering that we give you full transparency on how much we make from the total transaction fees, in real-time before and after any transaction. This will keep us honest in offering ultra-low rates consistently in the long-term.

Transparency is given on all products and currency pairs.
This way you’ll always get a fair price, be it low-cost spot conversion or hedging.

Don’t be the finance team​ that doesn’t hedge​

Protect profits and balance sheet against undesired, unexpected
or unfavourable fluctuations in currency exchange rates.​

Try the ALTernative

Why they love us​

“We are long-standing clients of the ALT21 service, which is designed with the needs of businesses in mind. For a company of our international scale, it has significantly improved our daily financial operations. The ALT21 team has been fantastic throughout our journey, and we remain committed to our ongoing relationship.”

Leslie FitzPatrick – CFO at Collen Construction Group,
a leading international construction specialist delivering projects in Ireland, the UK and Europe.

“The ALT21 platform has been a great ally in our international expansion across EMEA. Their reliable service has significantly minimized the costs and risks of our cross-currency operations.”

Ljudmila Peters – VP of Finance at Tuum,
a banking technology company with multi-country operations

“As a small business paying suppliers abroad, making FX conversions and international payments used to be a hassle. The ALT21 user experience is seamless and offers us significant savings. Their thorough, bank-like onboarding process instilled confidence from the very beginning. It’s great to have an online service where we can still speak to human support representatives, avoiding endless chatbot frustrations.

Amar Kharaud – Managing Director at Harper Kitchens,
an independent London-based kitchen specialist company with suppliers in both the UK and Germany

Frequently asked questions​

ALT21 offers multi-currency accounts designed to simplify and reduce the cost of cross-border payments and currency exchange. These accounts are available for both Individuals and Businesses of all sizes, making it easier to manage international transactions efficiently.

Whether you’re someone with a large cross-currency transaction coming up, a freelancer dealing with clients overseas, a small business expanding globally, or a large corporation with complex financial needs, ALT21 provides a solution tailored to meet your requirements. With competitive exchange rates and low fees, ALT21 ensures that your cross-border financial activities are both affordable and hassle-free.

Opening an ALT21 account is quick, straightforward and free (there is no account opening fee, activation fee or monthly subscription fee).

It should take approximately 10 minutes to complete the required forms. Before the onboarding process can be finalized, our Compliance team will review your account application. The duration of the onboarding process may vary based on the complexity of your company and the documents you submit.

As a business, to open your ALT21 account, we’ll need to know:
– Your business registration details
– Proof of address
– Proof of business activity
– Details on how you intend to use your business account
– Details of directors or board members

As an individual, we’ll need:
– Your personal details
– Details on how you intend to use your account
– Proof of identity
– Proof of address
– Proof of source of income

We promise we’ll make it easy. Create an account now.

An ALT21 account is powered by our flagship X Hedge platform, and will offer everything you need for cross-border and cross-currency operations, including converting and trading 34+ currencies all from your secure, self-service client area on our X Hedge platform.

Our platform offers a comprehensive range of foreign exchange instruments, including Spot, Forwards, and Options. You can effortlessly send money, manage third-party payments, and track all your transactions. Adding and managing beneficiaries is simple, and all payments can be made directly through your online ALT21 account. When you log in, you’ll have access to your balances and transaction history, making audit tracking straightforward. Additionally, we enhance security and minimize errors with optional multi-level payment authorization.

ALT21 is authorised and a dual-regulated firm by the Financial Conduct Authority (FCA) under both the Markets in Financial Instruments Directive (MiFID) and the Payment Services Directive (PSD) – (FRN 783837).

To comply with both client money regulations under MiFID, and the safeguarding obligations under PSD – “Client Money”, and “Relevant funds” are held in the appropriate Client Money and Safeguarding Accounts with a regulated Credit Institution. This ensures that all client money and relevant funds are kept separate from company money or assets. In other words, these accounts are designated specifically for your funds, ensuring that your money is kept separate from the funds used for our business operations.

We undergo an annual external audit to review our systems, controls and governance of our effectiveness in meeting these obligations, and the Board and FCA receive a copy of this report as part of our regular reporting requirements.

As a riskless principal, ALT21 ensures that when you enter a hedge transaction with us, we simultaneously enter a corresponding hedge trade with our counterparty. We do not speculate on the currency markets with your hedging trades.

Our Terms and Conditions detail the scope of our activities with clients.

Take control of your foreign finances

Quickly achieve stable and predictable foreign cash flows while minimizing currency
risk and losses.​

Create Account
Get in touch

Resources

Hedging News
Mar 2025

ALT21 Secures $12.5 Million in Oversubscribed Series A Funding

Hedging News
May 2024

ALT21 joins Temenos Exchange to provide banks with automated and affordable FX hedging solutions for SME Banking services

Hedging Insights
Jun 2024

Spot the difference: are you still losing money on foreign exchange?

Become our partner

Fintechs

Unlock the embedded finance opportunity with
hedging and payment solutions.

Marketplaces

Embed self-service hedging solutions in your
marketplace UX.

Banks

White-label our technology to add automated
hedging services for SMEs.

Regulatory disclaimer

ALT 21 Limited is authorised and regulated by the Financial Conduct Authority under both the Markets in Financial Instruments Directive and the Payment Services Directive (FRN: 783837). ALT21 Limited is authorised and regulated by the Financial Conduct Authority as an investment Firm to execute trades in FX Spot, Forwards and Options.

The information provided on this website is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject ALT21 Limited or its affiliates to any registration requirement within such jurisdiction.

ALT 21 Limited may provide general commentary or educational material available on its website or otherwise, which is not intended as investment advice. The information provided on this website is provided for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any products referenced. Eligibility criteria and T&Cs apply for all products referenced.

ALT 21 Limited assumes no liability for errors, inaccuracies or omissions; does not warrant the accuracy, completeness of information, text, graphics, links or other items contained within these materials. You should read and understand ALT 21 Limited’s Terms and Conditions prior to taking any further action.​

Risk Disclaimer (Options): 
Trading in leveraged financial derivatives such as Options carries a high level of risk and may not be suitable for everyone. Using such financial products may run the risk of substantial capital losses which may exceed your initial deposit. You should carefully consider your financial situation and needs and seek independent advice from a duly authorised financial adviser. For more information read our complex products risk warning.

Partnerships Disclaimer: 
Approved partners refer potential customers to ALT 21 Limited under a shared revenue agreement. Any customer (person or entity) which purchases a product or service on the ALT 21 Limited platform enters a direct client relationship with ALT 21 Limited and as such must first satisfy our stringent point-of-entry processes as well as meet all ongoing customer due diligence requirements thereafter.

Frauds & Scams: 
Protect yourself and read more here.

Solutions

FX Spot
FX Forwards
FX Options

Company

About Us
News and Press Room
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Contact Us

Complaints

Do You Have a Complaint?

If you feel something isn’t right, then please let us know by emailing us at compliance@alt21.com.

If you would prefer, please telephone Customer Support on +44 20 8068 7318.

We believe you deserve a courteous, fair, and prompt service. We strive to treat all our customers fairly. If there is an occasion when our service does not meet your expectations please contact us to help us deal with your issue quickly and effectively. As an FCA regulated firm we are obliged to follow best practices.

For a copy of our Complaints Policy in full please download it at the following link.

If we are unable to do this, or you are still dissatisfied with our final response, you may be entitled to refer the complaint to the Financial Ombudsman Service (subject to various conditions e.g. you cannot be a large charity or trust or business of certain size).

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ALT 21 Limited is authorised and regulated by the Financial Conduct Authority (FRN: 783837). ALT 21 Limited is a company registered in England and Wales (number 10723112). The registered address is 45 Eagle Street, London WC1R 4FS, United Kingdom.

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