The Midpoint Concept

The Evolution of Exchange

The evolution of online business has increasingly driven a more efficient and dynamic interface between the service provider and the user. This has dramatically increased efficiencies whilst at the same time reducing costs.

Midpoint harnesses the advantages of global connectivity to any business or individual wanting access to fair and transparent Foreign Exchange.

Eliminating Bank Spread from the FX Transaction

Midpoint is the world’s first authentic peer to peer (P2P) international currency matching & payments platform offering mid-market foreign exchange rates via our patented matching technology.

By directly matching businesses and individuals with opposite currency needs, we can eliminate the ‘spread or margin’ component from all transactions saving customers money with every payment. Banks and brokers generate billions in additional profits each year from the spreads they charge in the foreign exchange markets.

Transparent Fees & Rates

Our fees and rates are clear and transparent. We charge a single fee, depending on the value of your transaction.

This includes the delivery of funds to your beneficiary’s bank account. Our rate is always the midpoint of the current interbank rate and is set at the time of a currency match.


The rates set by banks and brokers are arbitrary and hidden.They favour large corporates who conduct large transactions.

This scenario might discriminate against the smaller and infrequent users (i.e. most SME businesses and individuals). By using Midpoint, everyone receives the same exchange rate no matter how frequent or how large the size of the transaction.

Your Funds are Always Safe

Although we take the banks out of the foreign exchange part of the transaction, we do use them for deposit taking to ensure the security of your funds. Your money moves from your bank account to a segregated trust account at a major bank using our payments platform Earthport Plc. The funds for your beneficiary are transferred from a segregated trust account at a major bank to your beneficiary’s bank account. Your funds are therefore always safe and secure.

Note: Like all clearing and settlement systems, Earthport works on a cleared funds basis and requires its clients to provide liquidity funding prior to the execution of payment instructions. Were Earthport to cease trading, any funds held in client segregated accounts would be unwound and returned to their beneficial owner in full. As Earthport segregates all client funds and such funds never form part of Earthport’s corporate assets or balance sheet, therefore, any client credit risk is fully mitigated.

A Brief History

The idea of offering businesses and consumers the opportunity to buy foreign exchange at the midpoint (or cost rate) for a flat fee over the internet was conceptualised by a group of industry experts in 1998.

Over time, the implementation of this concept embraced many challenges in terms of intellectual property, banking compliance and security. However, with the increase in online payments and other peer to peer finance models, we have continued to push forward with this project in the belief that we could really offer a great value proposition to a broad range of potential customers.


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Contact Info

Toll Free UK: 0800 211 8620

Intl: +44 20 7448 3082

26 Finsbury Square London EC2A 1DS United Kingdom