Alternatives to CurrencyFair

Want the best value for money? Explore some alternatives to CurrencyFair to see if there's a better deal for you.

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CurrencyFair is known for low fees and competitive rates, but it isn’t available everywhere and has a limited range of currencies. If CurrencyFair doesn’t work for you or if you just want to see what else is out there, it’s worth comparing alternatives.


WorldRemit logo Image: Supplied

WorldRemit

WorldRemit operates in a wide range of countries and currencies, and offers flexible options for receiving money, including sending money directly to a recipient’s phone as mobile airtime.

Why pick WorldRemit instead?

  • Varied delivery options including mobile money, cash pick-up, airtime top-up and cash delivery
  • A wide range of currencies, including all the most popular and plenty of exotic ones
  • Instant transfers available

Downsides

  • Fees and rates can vary widely depending on the situation
  • A maximum transfer amount of $40,000 may rule out large transfers


TorFX logo Image: Supplied

TorFX

TorFX doesn’t charge any fees and instead takes a cut from exchange rate margins. Plus, it has a price beat guarantee for competitor exchange rates.

Why pick TorFX instead?

  • $0 transfer fee
  • Competitive rates, plus a price beat guarantee

Downsides

  • Slow transfers compared to Azimo
  • Fewer currencies available
  • Bank transfers only
  • You can’t send less than $2,000
  • You can only see exchange rates if you have an account


OFX logo Image: Supplied

OFX

OFX has a wide range of countries and currencies available, along with advanced features that let you lock in exchange rates or wait for exchange rates to swing in your favour.

Why pick OFX instead?

  • Wide range of countries and currencies
  • No fees for transfers above $10,000
  • Limit orders and forward contracts
  • No maximum transfer amount

Downsides

  • $15 fee for transfers under $10,000
  • $150 minimum transfer size
  • Bank transfer only
  • Exchange rates may not always be the most competitive


WorldFirst logo Image: Supplied

WorldFirst

WorldFirst has a wider range of currencies than CurrencyFair and can be especially convenient for quickly sending money to Europe, the UK and US.

Why pick WorldFirst instead?

  • More currencies
  • No transfer fees
  • Limit orders and forward contracts
  • Same-day transfers available for GBP, EUR and USD
  • Offers a price promise deal to match competitor rates if you find a better quote

Downsides

  • $2,000 minimum transfer
  • Rates may not be the best without the price promise
  • Takes payment with bank transfer only


Remitly logo Image: Supplied

Remitly

Remitly serves a wide range of countries, with an emphasis on southeast Asia. It offers quick transfers and cash pick-ups in areas where few other providers do.

Why pick Remitly instead?

  • Can pay through card or bank transfer
  • Pick-up options include bank transfers, cash pick-ups and mobile wallet deposits
  • May waive fees for slower transfers
  • Express transfers available at extra cost
  • Specialises in sending to the Philippines

Downsides

  • Flat fees can vary widely
  • Express transfers typically cost more
  • Low maximum transfers without requesting raised limits


MoneyGram logo Image: Supplied

MoneyGram

MoneyGram is known for covering an exceptionally wide range of countries and currencies, along with an extensive network of agent locations. MoneyGram lets you pay with cash, but the rates aren’t very competitive.

Why pick MoneyGram instead?

  • Wide variety of payment and pick-up options available
  • Can send to most countries
  • Same-day transfers available
  • Low $1 minimum transfer amount

Downsides

  • Rates and fees can vary widely
  • Maximum transfers of $990


Still looking for other options?

The best money transfer service depends on the situation. Some are better for larger transfers, while others focus on smaller transfers or certain currencies.

To help find the one that’s right for you, try entering the details of your transfer into the table below.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
CAD 1 1 - 2 days CAD 1.99 0.736 USD
7,363
Quick, affordable transfers around the world. Remitly also has an express option that can transfer your money in minutes for a higher fee. The cheaper option takes several days. Go to site Show details
USD 150 1 day CAD 0.00 0.742 USD
7,416
Exclusive offer: Discounted exchange rates for your first and ongoing transactions. $0 transfer fee.
A higher exchange rate applies to non-finder customers. Send money in 45 currencies.
Go to site Show details
CAD 2,000 1 day CAD 0.00 0.742 USD
7,416
TorFX guarantee to beat any competitor's exchange rate for a transaction. Conditions apply.
Send money overseas in 45 currencies.
Go to site Show details
GBP 3,000 1 day CAD 0.00 0.742 USD
7,416
Global Reach will match any competitor's exchange rates. Conditions apply.
Get no fees for both business and personal transfers when you send your money overseas with Global Reach.
Go to site Show details
CAD 0 Within an hour CAD 3.99 0.741 USD
7,409
Use code FINDERCA and pay zero fees on your first transfer. Conditions apply.
An online money transfer service with cash pick-up, bank account to bank account and airtime transfers available.
Go to site Show details
CAD 1 1 - 2 days CAD 90.00 0.745 USD
7,379
Make online transfers with transparent exchange rates, low fees and low minimum amounts. Go to site Show details
CAD 0 1 day CAD 0.00 0.741 USD
7,409
Send money in more than 60 currencies. Fee-free international money transfers with a global brand. Go to site Show details
GBP 5,000 1 - 2 days CAD 0.00 0.741 USD
7,414
Aimed at larger transfers, CurrencyTransfer is an online marketplace that lets you shop around for the best exchange rate. Go to site Show details

Compare up to 4 providers


The “Rate” and “Amount Received” displayed are indicative rates that have been supplied by each brand or gathered by Finder.

Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention “Finder” before you commit to a brand.

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