Alternatives to TorFX

Compare site like TorFX in Canada for transferring money overseas.

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Stacie Hurst

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TorFX has been helping customers save on international money transfers since 2004. But if you want to send small amounts or transfer currencies the platform doesn’t support, you might need to explore TorFX alternatives. Narrow down your options with our list of sites like TorFX in Canada.

Compare sites like TorFX:
  1. OFX
  2. Remitly
  3. Wise
  4. XE Money Transfer
  5. WorldRemit

OFX
Finder Award
Not yet rated
Go to site
From $0
Transfer Fees
24 hours
Fastest Transfer Speed
$200 – Unlimited
Transfer Amount
OFX is a well-known transfer service focused largely on business transfers. But you can also use it for personal transfers. The $200 minimum transfer amount is larger than some, but you won't pay any fees for transfers of $10,000 or more. Full Review

Why it's one of the best

  • No maximum limit
  • No fees for transfers of $10,000+
  • Supports one-time and recurring transfers, limit orders and forward exchange contracts
  • Same or next business day transfers for major currencies
  • Highly-rated mobile app
  • No maximum amount
  • 24/7 customer support
  • $15 fee for transfers under $10,000
  • $200 minimum amount
Transfer Amount $200 – Unlimited
Payout Method Cash pickup location
Bank account
Pay By Method Debit card
Bank transfer
Direct debit (EFT)
Money order
Transfer Methods By phone call
Through app
Online
Remitly
Finder Award
Not yet rated
Go to site
From $0
Transfer Fees
N/A
Fastest Transfer Speed
$1 – $15000
Transfer Amount
Send over 100 currencies globally through Remitly's online or mobile app. Express delivery is available for an additional fee. If you're money doesn't arrive on time, you'll get your transfer fees back. Full Review

Why it's one of the best

  • Competitive transfer fees and exchange rates
  • Debit and credit card payment accepted
  • Electronic and cash delivery options
  • Some transfers are free
  • Flexible delivery methods
  • Special promotional offer for new customers
  • Transfer status notifications via text, email or mobile app
  • Low $15000 CAD maximum transfer (additional limits may apply)
  • Unpredictable transfer fees
Transfer Amount $1 – $15000
Payout Method Cash pickup location
Bank account
Mobile wallet
Home delivery
Pay By Method Credit card
Debit card
Bank transfer
Transfer Methods Online
Bank Account to Bank Account
Wise (TransferWise)
Not yet rated
Go to site
From 0.42%
Transfer Fees
24 hours
Fastest Transfer Speed
$1 – $1,500,000
Transfer Amount
Wise stands out from the competition for offering international transfers at the midmarket rate—meaning, you lose less money to fees and more money arrives in your recipient's pocket. Another stand-out feature is the Wise multicurrency account, which lets you receive eight currencies and spend in 50+ currencies. Full Review

Why it's one of the best

  • No exchange rate markup
  • Instant and same-day delivery for some transfers
  • Depending on the type of transfer, you can pay by debit, credit, wire transfer, bill payment, or Interac e-transfer.
  • Mid-market exchange rate
  • High maximum transfer limits
  • Supports Apply Pay, Google Pay and many other payment methods
  • Large transfers are expensive
  • Unpredictable fees
Transfer Amount $1 – $1,500,000
Payout Method Bank account
Alipay (China only)
Pay By Method Credit card
Debit card
Bank transfer
Interac e-Transfer
Online bill payment
Direct debit (EFT)
Transfer Methods Through app
Online
Xe Money Transfers
Finder Award
Not yet rated
Go to site
$0
Transfer Fees
Within minutes
Fastest Transfer Speed
$1 – $560,000 online (no max offline)
Transfer Amount
Send funds to 200+ countries around the world through Xe, an Ontario-based global transfer service provider. The platform supports 100+ currencies, and its exchange rate markups are very competitive. Full Review

Why it's one of the best

  • High online transfer limit of $560,000 online (no max offline)
  • Supports one-time and recurring transfers, forward contracts and limit orders
  • Depending on the type of transfer, you can pay by card, bank transfer, EFT, bill payment, or Interac e-transfer.
  • Send personal and business transfers just about anywhere
  • User-friendly mobile app
  • Competitive rates
  • Many payment and delivery methods
  • Transfer fee and exchange rate markup applies
  • No cash transfers
Transfer Amount $1 – $560,000 online (no max offline)
Payout Method Bank account
Pay By Method Credit card
Debit card
Bank transfer
Transfer Methods By phone call
Through app
Online
WorldRemit
Not yet rated
From $0
Transfer Fees
Within minutes
Fastest Transfer Speed
$1 – $40,000
Transfer Amount
WorldRemit is worth considering if you're looking for a variety of transfer options and don't need to send very large amounts. Not all transfer services let you send money from Canada to mobile wallets, but WorldRemit does. It also supports cash transfers, although service availability varies by country. Full Review

Why it's one of the best

  • Pay by debit or credit card, pre-paid card, Apple Pay or Interac e-Transfer
  • Supports one-time and recurring transfers, forward contracts and limit orders
  • Depending on the type of transaction, you can send cash transfers, bank transfers or mobile wallets top ups, including airtime transfers.
  • Low transfer fees
  • Variety of payment methods, including cash and mobile wallet top-up
  • Highly-rated mobile app
  • Many transfers arrive in minutes
  • Low $40,000 maximum daily amount
  • No currency hedging options like stop-loss orders or forward contracts
Transfer Amount $1 – $40,000
Payout Method Cash pickup location
Bank account
Mobile wallet
Home delivery
Prepaid phone credit
Pay By Method Credit card
Debit card
Bank transfer
Apple Pay
Transfer Methods Through app
Online

Still looking for other options?

Compare features, fees and transfer speeds of more TorFX alternatives. When you’re ready to send money, select Go to site.

10 of 10 results
Updated regularly
Filter Values Fastest Transfer Speed Fees (Pay by Bank Transfer)
Wise logo
Wise (TransferWise)
Finder Award
24 hours
From 0.33%
Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies.
Go to site More info
Compare product selection
RemitBee logo
RemitBee
Within minutes
From $0
Send money to 100+ countries via Debit Card, EFT, e-Transfer, and more or exchange USD/CAD between bank accounts online.
More info
Compare product selection
Xe logo
Xe Money Transfers
Finder Award
Within minutes
$0
Xe has fast transfers with low fees and a range of foreign currency tools.
Go to site More info
Compare product selection
InstaReM logo
Instarem
Within minutes
From $0
Enjoy a special exchange rate and zero fees on your first transfer. Valid until February 10, 2026. T&Cs apply.
Instarem offers inexpensive transfers and the opportunity to earn rewards points.
Go to site More info
Compare product selection
Africhange logo
Africhange
Within minutes
From $0
Send money in CAD to Africa on this blockchain and P2P powered provider.
Go to site More info
Compare product selection
Remitly logo
Remitly
Finder Award
Within minutes
From $0
New customers can access special offers like free transfers and better exchange rates. T&Cs apply.
Remitly has quick, affordable transfers around the world, with both express and economy options.
Go to site More info
Compare product selection
MoneyGram logo
MoneyGram
Finder Award
Within minutes
From $0
For a limited time, get $0 fees on your first money transfer from Canada. T&Cs apply.
MoneyGram has fast cash pick-up transfers to more than 350,000 agent locations worldwide.
Go to site More info
Compare product selection
OFX logo
OFX
Finder AwardExclusive
24 hours
From $0
Finder exclusive: Discounted exchange rates for your first and ongoing transactions. $0 transfer fee. T&Cs apply.
OFX has no maximum limit transfers, with competitive exchange rates for 50+ currencies.
Go to site More info
Compare product selection
Xe logo
Xe Money Transfers
Finder Award
Within minutes
$0
Xe has fast transfers with low fees and a range of foreign currency tools.
Go to site More info
Compare product selection
Airwallex logo
Airwallex
Within an hour
$0 - $35
Get up to $500 in FX fees refunded for international money transfers sent within the first 3 months of opening a new account. T&Cs apply.
Airwallex has transparent fees and fast transfers. Make business payments to 150+ countries in 60+ currencies.
Go to site More info
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About TorFX

TorFX is a UK-based global money transfer services provider that serves both individual and business customers. It supports sending money in more than 40 currencies. Many transfers arrive the same day, but sending to some exotic destinations can take up to two business days.

On the plus side, TorFX is a FINTAC-registered money services business that doesn’t charge any transfer fees. On the downside, its fees are worked into the exchange rate and you can find other money transfer services that let you send a greater range of currencies.

Sources

Stacie Hurst's headshot
Written by

Associate editor

Stacie Hurst is an editor at Finder, specializing in loans, banking, investing and money transfers. She has a Bachelor of Arts in Psychology and Writing, and she has completed FP Canada Institute's Financial Management Course. Before working in the publishing industry, Stacie completed one year of law school in the United States. When not working, she can usually be found watching K-dramas or playing games with her friends and family. See full bio

Stacie's expertise
Stacie has written 282 Finder guides across topics including:
  • Banking
  • Stock Trading
  • Cryptocurrency
  • Personal Loans
  • Car Loans
  • Credit Cards
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