Company Information

Get to know Commonwealth Foreign Exchange

Founded in 1999 in Providence, Rhode Island, Commonwealth Foreign Exchange specialized in business-to-business (B2B) foreign currency exchange and international payment solutions. The company focused on helping corporate clients manage currency risk and streamline cross-border transactions. In 2011, it was acquired by Cambridge Mercantile Group, which was subsequently acquired by FLEETCOR Technologies, Inc. in 2017. The business operations of Commonwealth Foreign Exchange are now fully integrated and operate under FLEETCOR's Corpay Cross-Border brand, which continues to provide global payment and currency risk management solutions.

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Financial PaymentPRIMARY
Financial Other Service

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Commonwealth Foreign Exchange

United States

Founded in

1997 (29 Years)

Founded

Last online: No recent activity

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.