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What is TorFX?

Every business has distinct needs, and our wide-ranging currency transfer services are designed to be customized to address those specific requirements while protecting your financial gains. We assure you of access to the most competitive exchange rates whenever you need to carry out an urgent transaction. By locking in an exchange rate for up to two years ahead, you can manage your budget more efficiently and protect your assets from unfavorable market shifts. Our Limit Order feature enables you to aim for a better exchange rate than the current one, allowing us to automatically execute your transfer once the market hits your preferred target. Moreover, you can reduce the risk of an unforeseen drop in exchange rates by setting a worst-case scenario rate, enabling you to wait for more advantageous conditions while ensuring that your transfer remains safeguarded against possible declines. Our dedication to keeping you updated on the latest currency trends, along with support from a dedicated Account Manager, empowers your business to time its currency transfers optimally. This proactive strategy not only helps you respond to market fluctuations but also encourages you to plan strategically for the future. By leveraging our services, you can navigate the complexities of currency exchange with confidence and clarity.

What is Nexto?

Nexto offers a robust cloud accounting and operational software solution specifically designed for businesses engaged in currency exchange, such as money changers and remittance offices. This platform adeptly monitors currency transactions, fees, transfers, and expenses while also managing cash flow and banking operations through double-entry bookkeeping, which results in comprehensive balance sheets and transaction reports for multiple currencies. Employees are equipped to keep track of exchange-rate fluctuations and assess trading profitability, as well as manage cash reconciliations and oversee remittance commitments along with scheduled payments. The system boasts various features, including role-based access permissions, an audit trail to ensure accountability, automated data backups, and periodic reports to bolster daily operational effectiveness. Moreover, an integrated WhatsApp inbox leverages artificial intelligence to analyze uploaded receipts and trade messages, producing draft vouchers for staff to review and confirm. The platform is accessible via web browsers and can be either hosted online or installed on a client's server while also offering mobile functionality through a downloadable web app. In addition, Nexto simplifies financial management for its users by enabling the transfer of existing data and creating reconciliation reports, ensuring a seamless transition and enhanced operational efficiency. Overall, this comprehensive suite of tools is designed to empower currency exchange businesses to optimize their financial processes and improve their overall performance.

Media

Media

Integrations Supported

Integrations Supported

WhatsApp

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

39 USDT/month
Basic is 39 USDT/month or 390 USDT/year and includes 2 users, up to 200 customers, and 1 connected WhatsApp line. Standard is 69 USDT/month or 690 USDT/year; Professional is 99 USDT/month or 990 USDT/year. Annual billing is discounted. The lifetime server-installation license is quote-priced. An optional Nexto Box costs 1,200 USDT one-time in addition to the license. Migration of previous-software records is included. A 7-day demo with sample data is available without a credit card.
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS
On-Prem
Linux

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
On-Site Training

Training Options

Documentation Hub

Company Facts

Organization Name

TorFX

Date Founded

2004

Company Location

United Kingdom

Company Website

www.torfx.com/business/risk-management.php

Company Facts

Organization Name

Avesta Trading Teknoloji Dış Ticaret Ltd. Şti.

Company Location

Turkey

Company Website

nextofx.com/en

Categories and Features

Currency Exchange

Not specified

Money Transfer

Not specified

Categories and Features

Currency Exchange

Not specified

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