Both Caxton and Currency Solutions are popular international money transfer services. But which one is better?
Below we compare them on their fees and reviews.
Fees
Caxton | Currency Solutions | |
Homepage | ![]() | ![]() |
Transfer Fee | No fee | £10.00 fee for transfers below £3,000; £0.00 fee for transfers above £3,000. |
Average Exchange Rate Markup | N/A | 0.5% – 1% |
Minimum Transfer Amount | £100 (or currency equivalent) | £100 |
Maximum Transfer Amount | £100,000 (or currency equivalent); £10,000 if paying with a debit card. | No limit for transfers over the phone Online transfers £20,000 for personal accounts £50,000 for business accounts |
Top Rated Money Transfer Service
Currencies Direct are the top rated International Money Transfer Service on our list.
- 4.9 out of 5 on Trustpilot based on over 8,000 reviews
- No transfer fees
- Bank-beating rates
- Award-winning service
- Exclusive Amazon gift card offer for users of MoverDB.com
Reviews
Caxton | Currency Solutions | |
Trustpilot Rating | 4.8 | 4.7 |
Number of Trustpilot Reviews | 4,700 | 2500 |
iOS App Rating | 4.6 | N/A |
Number of iOS App Reviews | 7 | N/A |
Android App Rating | N/A | N/A |
Number of Android App Reviews | N/A | N/A |
Features
Caxton | Currency Solutions | |
App Transfers | Yes | No |
Online Transfers | Yes | Yes |
Phone Transfers | No | Yes |
In-person Transfers | No | No |
Available Countries | 170 | 160 |
Number of Currencies | 28 | 40 |
Payment Methods | Bank account Debit card | Bank account Debit card |
Receiving Methods | Bank account | Bank account |
Cash Pickup Option | No | No |
Payments Flexibility | Web platform Mobile app | Web platform Phone |
Supported Languages | English | English |
Transfer Speed | 1-2 days | 3 hours-2 days |
Dedicated Dealer | Only for business clients | Yes |
Instant Custom Quote | No | No |
Business Features | Spot contracts Forwards contracts Batch payments Risk management tools Rate alerts API integration | Spot contracts Forwards contracts Market orders Options contracts Risk management Recurring transfers API integration |
Debit Card | Caxton Currency Card | None |
Cancellation Policy | While Caxton does offer a cancellation policy, the ease of canceling an international money transfer largely depends on how quickly you act and the status of the transaction. | The company allows for transfers to be canceled and refunded if the transaction hasn’t been completed. Refunds may be subject to exchange rate changes and additional charges depending on the circumstances. |
Suitability | Small and large money transfers | Small and large money transfers |
Top Rated Money Transfer Service
Company Comparison
Caxton | Currency Solutions | |
Year Founded | 2002 | 2003 |
Headquarters | London, UK | London, UK |
Other Office Locations | No other offices | Amsterdam (the Netherlands), Dublin (Ireland), and Paphos (Cyprus) |
Annual Trading Volume | £1 billion | £1 billion |
Number of Employees | 170 | 70 |
Number of Clients | 660000 | 150000 |
Regulatory Institutions | FCA and the HMRC in the UK | FCA in the UK |
Awards | FX Provider of the Year (FT and Investors Chronicle Awards, 2018) 5 Star Travel Prepaid Card (Moneyfacts, 2018) | The Best Currency Transfer Provider (Trade Finance Global Currency Awards, 2016) Top-rated International Money Transfer Provider (Trustpilot, 2017 – 2020) |
Caxton Pros & Cons
Caxton Pros
- A variety of different payment choices
- Exceptional customer service
- Strong Trustpilot score
- No transfer fees
- Personalized service with dedicated account managers
- Beneficial travel card
- Fast international money transfers
- Option for exchange rate notifications
- Worldwide service availability
Caxton Cons
- Little support for uncommon currencies
- No instant custom quote feature
- Exclusively accessible for UK residents
- Non-transparent exchange rates
Currency Solutions Pros & Cons
Currency Solutions Pros
- Outstanding customer support
- Impressive Trustpilot rating
- Fee-free transfers for larger amounts
- Competitive exchange rates
- Service availability in over 160 countries
- Robust currency offerings with support for 40+ global currencies
- Longstanding industry experience
- Quick fund transfers
- Advanced business FX features, including market orders and options contracts for effective currency risk management
- Personalized service through dedicated account managers
Currency Solutions Cons
- Charges apply for smaller transfer amounts
- Lack of a mobile application
- Limited availability of exotic currencies
- Lack of an instant quote feature
- Customer support is not available around the clock
Top Rated Money Transfer Service
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