Overview
Whether you’re converting funds or sending international payments, accessing the best possible FX rate directly impacts your bottom line.
Loop provides real-time, transparent exchange rates with low markups that scale with your plan — not your transaction size.
Unlike banks or traditional FX providers, Loop doesn’t hide extra fees or limit savings to large-volume clients.
Check out our Loop FX Calculator. to view today’s live rates and see how much you can save.
You can also review plan-specific pricing here: Loop Pricing.
Why Loop FX stands out
Market-leading rates that save you money on every transfer.
No hidden markups or inflated base rates.
Simple, scalable pricing that grows with your business.
Instant access to live rates for transparency before you convert.
Loop’s FX pricing ensures your business benefits from the same competitive rates — regardless of transaction volume.
How to get the best rate with Loop
1. Convert currencies through Loop
To convert between CAD, USD, EUR, and GBP directly between your Loop accounts:
Go to the Accounts page in your Loop Dashboard.
Select the currency account you want to convert from.
Click Convert.
Choose the “To” (or “Buying”) currency.
Review the live rate, confirm, and complete the transaction.
Your conversion executes instantly at the live rate displayed.
2. Use Loop FX rates for global payments
When sending international payments, Loop automatically applies the same competitive FX rate used for currency conversions.
Go to Send Payments in your Loop Dashboard.
Click Add Payee and enter the recipient’s details.
Select the currency for your payment.
Review the rate and confirm your transfer.
Loop handles both the FX conversion and the payment — fast, secure, and cost-effective.
Tips for maximizing your FX savings
Use the FX Calculator to preview rates before converting or sending funds.
Choose the right Loop plan — higher-tier plans (like Loop Plus or Loop Power) offer lower FX markups.
Convert during active market hours for the most accurate live rates.
Send and receive in local currencies to avoid double conversions.
FAQs
Does Loop charge extra fees?
No — the FX markup (0.1%–0.5%) is included in the rate shown before you confirm a transaction.
Can I see the rate before converting?
Yes. Loop always displays the live rate upfront — nothing hidden.
How often do rates update?
Rates are live and refresh automatically in real time while you transact.