Who we are
Founded in 2024, Canada Digital Foreign Exchange inc. (CDFE) was established to offer an alternative to traditional banking exchange rates, providing Canadians with an option to save on every transaction. Over the years, we have expanded our services, harnessing technology and industry insights to serve a growing client base nationwide.
Fares Sultan
Founder / CEOOur mission
Our mission is to empower individuals and businesses to access competitive, transparent, and efficient financial services that help them save and grow.
We aim to simplify currency exchange and trading to provide more value and less hassle for our customers.
Our Core Values
We prioritize honest, clear communication with our clients, ensuring there are no hidden fees or unexpected costs.
Our clients are at the heart of everything we do. We are committed to understanding their needs and providing tailored solutions that make a positive difference.
Security and Trust
Trust is essential in financial services, and we are dedicated to maintaining the highest standards of security and compliance
Our platform operates with strict adherence to regulatory standards, giving our clients confidence in every transaction.
Innovation and Efficiency
We are committed to continually improving our processes and technology to ensure our services are efficient, and secure.
By embracing the latest advancements, we enhance transaction speed, accuracy, and security, while delivering a seamless user experience.
Why choose us?for Currency exchange Transfers
Choosing the right service for currency exchange and transfers is crucial for ensuring a seamless, cost-effective experience. Here are some reasons why you should choose us for your currency exchange transfers:(Not sure which solution is right for you? Speak with an Account Manager today!)
Transparent Fees
We strive to minimize costs by offering low or zero fees for currency transfers, unlike many traditional banks and money transfer services that may charge high fees for domestic and international transactions.
Fast and Secure Transfers
We understand the importance of time and security when it comes to money transfers. Our system uses top-notch encryption and security protocols, ensuring that your funds reach their destination quickly and safely.
Bank-Beating Rates
We offer some of the most competitive rates in the industry, ensuring that you get more value for your money. Our transparent exchange rates are updated in real-time to reflect the best available deals.
Reliable and Trusted
We have a strong track record of providing reliable and trustworthy currency exchange services. Our reputation for efficiency and customer satisfaction speaks for itself.
Flexible Transfer Options:
We offer various methods for transferring funds, whether it's through bank accounts, mobile wallets, or cash pick-up services, giving you flexibility based on your preference.
24/7 Customer Support
our dedicated customer support team is available to assist with any questions or issues that may arise during your transaction. We ensure that you're supported throughout the process.
We offer fast and secure currency exchange transfers for…
- Buy Property in the US:For many international buyers, exchange rates are often overlooked, but they can have a significant impact on the overall cost of purchasing property in the US.
- Relocate to Another Country:Emigrating is a major life decision that comes with numerous challenges, including navigating complex requirements and managing financial matters across borders.
- Send Money to Your Family:Sending money abroad to family can lead to recurring costs due to high bank fees. Over time, these fees can add up, affecting the amount you’re able to send.
- Pay for International Tuition:If you're a Canadian student heading to the US for higher education, you’ll likely face international tuition fees. Understanding the exchange rate is key to managing the cost effectively.
- Handling Business FX Transactions:We support businesses of all sizes engaged in trade across North America, Europe, and Australia.
- Regular International Payments:Frequent international money transfers can expose you to exchange rate fluctuations and costly wire transfer fees, which can negatively affect your financial planning.
- Managing Import Costs:For Canadian importers, effective foreign exchange management is essential for controlling costs and optimizing business operations on a daily basis.
- Controlling Export Expenses:As a business owner, safeguarding your profit margins is critical. Strategic foreign exchange management ensures your export expenses are optimized and competitive.
How it Works
Determine the type of account you need based on your banking requirements.
Sign Up
Register and submit your documents (ID and bank statement).
Get Verified
You get approved upon validation of your documents.
Get a quote
Book your exchange via phone, email or chat and then fill in the exchange order.
Send your funds
Transfer your funds to us by: Bill Payment, Wire Transfer or EFT.
Receive your funds
Your converted funds are transferred to the specified account (yours, someone else's or to a company)
When you exchange currency with banks
3% of your hard-earned money goes on bank fees
This means that for every $10,000 you exchange, you are giving the bank $300 which should actually be in your pocket.
(905)-286-1117
Check today rates
Fast and secure transfers at bank-beating rates.
Bank / Financial Institute |
Source |
Saving% |
$10k USD to CAD |
$CAD Saved |
|---|---|---|---|---|
| Canada Digital Foreign Exchange (CDFE) |
+3% |
$14,201 |
$380 More |
|
| TD Bank |
-2.26% |
$13,887 |
$314 less |
|
| BMO Bank of Montreal |
-2.74% |
$13,822 |
$379 less |
|
| CIBC |
-2.31% |
$13,880 |
$321 less |
|
| Desjardins |
-2.20% |
$13,896 |
$305 less |
|
| RBC |
-2.32% |
$13,878 |
$323 less |
|
| Scotia Bank |
-2.17% |
$13,900 |
$301 less |
Disclaimer: The prices listed are estimated based on current market trends and publicly available data gathered from various institutions online. We recommend verifying these estimates directly through the institution's website or by visiting in person for the most accurate information. (Updated: April 2025)
Our team of financial experts is ready to assist you with any account-related inquiries, guide you on the best times to exchange currency, and provide answers to all your FX questions.
What our customers say About us
Alex T. – Small Business Owner, Toronto
Happy ClientThis exchange offers the best rates for CAD to USD and EUR. Transactions are fast, and customer support is always quick and helpful. I appreciate their transparency—no hidden fees. I’ve saved money and trust them completely for my business.
Rachel S. – Freelancer, Vancouver
Best ReviewAs a freelancer, I need fast and reliable currency exchange, and this company delivers. The rates are excellent, and I save on fees. Customer support is responsive and transparent about all charges. I won’t use anyone else.
Thomas L. – International Investor, Calgary
Happy ClientI’ve found the best rates here for converting CAD to USD and EUR. Transactions are quick, and their customer support is top-notch. The transparency in fees has saved me money, and I trust them for all my exchanges.
Megan D. – Travel Blogger, Montreal
Happy ClientI travel a lot and use this exchange for all my currency needs. The rates are great, transactions are fast, and customer support is always helpful. No hidden fees, just great service and savings.
800+
Happy Customer
20+
Years in FX
150+
Business
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