Frequently asked questions
The questions CFO teams most often ask us before a first meeting.
The online tool
Is the tool really free?
Yes. The tool on this page is fully free, with no sign-up and no usage limit. You can analyse as many bank proposals as you want. We only charge for the advisory engagements some users then choose to commission — never for the tool itself.
How accurate is your tool?
We price on OTC market data — spot rates, swap points and volatilities read off professional screens, the same ones trading desks use. Not retail indicative rates, and not an average of the documents we receive. The margin of error is therefore very small: it comes down mostly to the timestamp gap between our reading and the moment your bank quoted you. The margin we display is the one the bank actually added to the market price.
How will I know if my bank's proposal will be recognised?
Our tool recognises the formats used by the main French banks and most large European banks. If a document isn't read correctly, you can switch to manual mode and enter the parameters yourself (rate, amount, maturity, etc.). The tool works just as well that way.
Is my data confidential?
By default, we retain an anonymised version of your document — a text with everything that could identify you removed (your company name, email, phone, bank account details, registration number, address). This anonymised version helps us improve the tool for every user. If you'd rather not contribute, a checkbox lets you refuse BEFORE upload. You can also request deletion at any time by writing to contact@eleggfinance.com.
Advisory engagement
How are you different from a broker or my bank?
Your bank plays two roles at once: it advises you AND it sells you hedging products. That's a natural conflict of interest — its interests aren't necessarily aligned with yours. A broker, in turn, is paid commission on transactions by the bank that brings the deal. With us, the software and the advisory work are paid for by you, our client — never by a bank, never as a percentage of your trades. The pricer is free because it is funded by our broker partners: if they take you on as a client through this site, they pay us. You are never required to go through them, and not using them costs you nothing: the pricer stays free and our advice doesn't change by a word. These partnerships are set out in our legal notice.
How much does an advisory engagement cost?
It depends on what you need. Analysing a single bank proposal starts around €3,000. A full 12-month engagement (diagnosis of your situation, strategy design, operational monitoring) typically runs between €15,000 and €40,000 depending on your currency volume. The first 30-minute call is always free and no-commitment: it's the opportunity to scope your need and to give you a precise range.
Which companies do you work with?
We mainly work with French and European mid-market corporates with revenue between €5M and €500M and at least €500k of annual currency flows (USD, GBP, etc.). All sectors: industry, trading, distribution, agri-food, services. What our clients have in common: international purchases or sales that expose their margin to FX moves.
How long does a typical engagement take?
Analysing a single proposal: 5 to 10 business days. Designing a custom hedging strategy: 3 to 6 weeks. Engagement with ongoing monitoring: annual rolling commitment with monthly check-ins. We typically start with a short (free) diagnostic to scope the engagement.
Will you replace my treasurer?
No, we complement them. We never execute operations on your behalf — that's your bank's job. Our role: bring the technical expertise on hedging products that few mid-market companies have in-house. Concretely: verify the margin taken by your bank, run competitive pricing across 2-3 banks, audit your existing strategies. Your treasurer (or CFO) always makes the final decision.
Our status and independence
Are you regulated by the French markets authority (AMF)?
The firm isn't, and that matches what it does: we sell no financial product and we never recommend that you buy or sell a specific one — that activity falls outside the AMF's regulated scope. The advisors working with you, however, hold the AMF professional certification, the one trading floors require of their own staff. All details are in our legal notice.
Do you sell financial products?
No, never. We're not a bank, not a broker, not an insurer. We earn no commission on products you might buy from your bank after consulting us. Our advisory and software revenue comes from our clients alone; the free pricer is funded by our broker partners, which changes nothing about what you pay (see above).
Are you covered by professional liability insurance?
Yes. We carry professional indemnity insurance covering our advisory activity. The policy number is communicated to our clients as part of the engagement contract.
Getting started
What does a first meeting look like?
30 minutes by video call (Teams or Google Meet at your preference). We listen to your context (currency purchase or sales volume, internal organisation, specific issue), explain concretely how we could help, and tell you honestly whether an engagement makes sense for you or not. No commitment, no quote to sign at the end of this first call — it's just a scoping conversation.
What if I don't yet have a bank proposal to analyse?
You can use our Exposure module to measure how currency moves affect your commercial margin. You enter your forecasted monthly flows (e.g. €200,000 of dollars to buy each month), pick an economic scenario, and see in seconds the potential impact on your annual margin. The first call is open to all companies, proposal or not.
How do I book a call?
Via the contact form, or by writing directly to contact@eleggfinance.com. Reply within one business day. No pushy follow-ups: if we don't reach out again, it's because you asked us not to.