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About Us
About Us
Your Trusted Currency Exchange Partner
Expands with trust (RBI-licensed), reliability (transparent & secure), and audience (travelers, students, businesses).
Formax Forex India Pvt. Ltd. is a 100% RBI-licensed currency exchange provider located on Central Kotwai Road, Malipura, Ujjain (near Narendra Talkis). Since 2019, we’ve delivered transparent and competitive foreign exchange services tailored for travelers, businesses, and investors.
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Our Services
Comprehensive Forex Solutions, All in One Place
From currency exchange and international transfers to forex cards and advisory services, we provide reliable and secure solutions to meet all your foreign exchange needs.
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Currency Exchange
Competitive rates for buying and selling a wide range of currencies—no hidden fees.
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International Money Transfers
Fast, secure transfers with low costs and favorable rates.
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Forex Trading Advisory
Expert guidance to help navigate the forex market.
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Risk Management Solutions
Custom strategies to mitigate currency fluctuation risks.
Why Choose Us
Why Formax Forex is Your Go-To Choice for Foreign Exchange
RBI-approved, reliable, and customer-focused, we offer competitive rates, fast service, and multiple branches across India to make your currency exchange and international transfers hassle-free.
Transparent & Competitive Rates
Real currency exchange without markup—like Wise’s mid-market rates.
Convenient and Digital Options
Fast, digital, and door-step delivery for forex cards.
Licensed and Secure Services
Trustworthy operations, fully authorized under RBI norms.
Countries Covered
Include major travel and business destinations, like the US, UK, UAE, Singapore, Australia, Japan, Canada, European countries, etc.