I’ve worked in the foreign exchange industry for 14+ years. I’ve seen first-hand just how murky this industry can seem and how stressful it can be to send large amounts of money around the world, especially without the proper guidance.

I realised that half the problem with the industry is that there is a huge over-focus on “getting the absolute best rate”.

This leads businesses and individuals to hold off or rush their transaction, without thinking about the fundamentals like “Where is my money going?” and “Will it definitely get there?”

That is the single most important thing about a large currency transaction – not the marginal gains you might create from shopping around.

So yes, I care about the rate you get, but our first and foremost priority is to make the experience as seamless as possible.

So I set out to create Lucid Financial Markets, which has two distinct goals:

Demystify currency markets, so you understand fully what’s happening and why,

To give you the confidence that the transaction you’re making is the right one, so you don’t have to sit at a computer or on a currency exchange app staring into the abyss.