Established in 2008, Gapex assists individuals and entities in an advisory and intermediary role in foreign exchange, money market and derivative instruments, with solutions that save time, money and administration. Our services make FX trading simpler and keep risk minimal due to our competence, focus and 45 years of combined forex experience.
We offer a world-class service to importers, exporters & individuals looking for industry dominance, costing advantage, preferential exchange rates and bank fees through accessibility, innovation and importance in this cut-throat industry – receiving and offering the benefit of preferential rates to our clients through transparent margins and therefore eradicating unnecessary commission structures and exorbitant additional bank TT fees. Our goal is to be your trusted forex advisor and to guide you through the forex industry, reducing your costs, maximising your profit and contributing to your bottom line so that you reach your full potential.
Gapex (Pty) Ltd is authorised by the Financial Services Conduct Authority (FSCA) as a licensed financial services provider & is South African Reserve Bank (SARB) approved. Since International money transfers are one of the highest regulated industries in the world, we comply with rigorous compliance, disclosure, security and operating requirements. All transactions are executed in the client’s name with an Authorised Dealer (Licensed SA Bank) and clients’ funds are never transmitted through any Gapex bank accounts.
Gapex doesn’t require you to switch banks in order to use our services or access our best forex rates. We open a new bank account in your name at one of our partner Banks. The account is free of charge and we can complete it electronically online and have your forex account open in less than 24hrs. When transferring money, you will always deposit funds into your own account – which means we will never keep your funds in any account in Gapex’s name.
Most SME’s don’t trade in the quantity or values needed to negotiate better rates with the bank. Gapex deals with hundreds of SME clients & thousands of individual clients – we use the combined volume from all these clients & trades to negotiate better rates with our partner banks, which we then pass onto our clients.