Accurate currency benchmarking for smarter decisions

Get transparency on spot and forward trades

Compare your deal against others

Track data and generate detailed reports

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Benefits

Why CFOs, Heads of Treasury and Financial Managers choose to Benchmark?

Optimise transactions
Make informed decisions
Gain confidence
Save money
features

Uncover the profits Banks and FX Brokers make from your transactions

PRICE CHECKING

Get full transparency on spot and forward trades

DATA DRIVEN

Gain insights into your FX portfolio

How It Works

Designed for simplicity and maximum impact

Input your data

Enter the details of your currency exchange transaction, including the amounts and currencies involved.

Get real-time rates

Instantly access up-to-date spot and forward exchange rates.

Analyse results

View a clear breakdown of the transaction, including net amounts received and margins charged.

Identify savings

See potential savings by comparing different rates and understanding the profit margins of banks and brokers.

Testimonials

Others who have gained visibility and better rates

"Using Bracket I negotiated my company a 32% improvement in execution pricing and a margin call free credit facility with a listed UK provider.”
Kevin Sammut
Financial Risk Manager
Fishing
"Working with Bracket helped our company to have better visibility on the pricing applied by our different FX partners on the hedging instruments we use to mitigate our FX exposure."
Romain Pirenne
Finance Director
Fishing
"Using the benchmarking tool I was able to negotiate fixed margins with brokers and, using this technology, I am now able to see precisely where the forward market is priced to make sure that agreements are kept."
Luke Catania
CFO
Fishing

Reduce FX cost in minutes

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Frequently asked questions

Get a question? We've got answers

Why should I use the Bracket Benchmarker?

The Bracket benchmarker gives its users full visibility on the exact cost of Spot and Forward transactions. It also gives users an indication how their pricing compares to other users on the platform.

What are Forward Points?

FX forward points refer to the difference between the spot exchange rate (the current exchange rate) and the forward exchange rate (the agreed exchange rate for a future transaction). They are used in foreign exchange markets to adjust the spot rate to determine the forward rate for currency contracts.

What impacts Forward Points?

Positive Forward Points: If the currency you are buying in the future has a lower interest rate than the one you are selling, forward points will be added to the spot rate, resulting in a higher forward rate.

Negative Forward Points: If the currency you are buying has a higher interest rate than the one you are selling, forward points will be subtracted from the spot rate, giving a lower forward rate.

How often do the Forward Points change?

Forward rates in the foreign exchange (FX) market can change frequently, often multiple times a day, depending on several factors. The frequency of these changes is influenced by the dynamics of the financial markets.

What do I do if my benchmarker rates are showing as expensive?

Try our liquidity pool to access multiple providers at the click of a button and see if you can negotiate fixed pricing improvements. Alternatively contact your Bracket representative for a more detailed conversation

Is there a limit on how many trades I can benchmark?

No, the benchmark usage is unlimited for spot, forward and historic.

How many users does the subscription allow?

The subscription fee covers 1 user, additional users within the same company receive a 50% discount