CurrencyTransfer vs Instarem: Fees & Reviews Compared (2025)

Below we compare them on their fees and reviews.

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Fees

Top Rated Money Transfer Service

Currencies Direct are the top rated International Money Transfer Service on our list.

	CurrencyTransfer	Instarem
Trustpilot Rating	4.8	4.4
Number of Trustpilot Reviews	900	8,000
iOS App Rating	N/A	3.7
Number of iOS App Reviews	N/A	530
Android App Rating	N/A	4.3
Number of Android App Reviews	N/A	7,800

Data taken from relevant websites at time of publication.

	CurrencyTransfer	Instarem
App Transfers	No	Yes
Online Transfers	Yes	Yes
Phone Transfers	No	No
In-person Transfers	No	No
Available Countries	170	60
Number of Currencies	28	30
Payment Methods	Bank account	Bank account Debit card Credit card PayNow PayID POLi FPX Interac
Receiving Methods	Bank account	Bank account Alipay wallet in China Cash pickup in the Philippines
Cash Pickup Option	No	Only for the Philippines
Payments Flexibility	Web platform	Web platform Mobile app
Supported Languages	English	English
Transfer Speed	1-4 days	1-2 days
Dedicated Dealer	Yes	No
Instant Custom Quote	Yes	Yes
Business Features	Spot contracts Forwards contracts Market orders Batch payments FX derivatives Rate alerts API integration	Bulk Payments
Debit Card	None	amaze by Instarem
Cancellation Policy	Booked currencies can be bought back from the selling provider with the costs falling on the customer	Without a cancellation fee if the transfer hasn’t been processed. Contact customer services to discuss cancellation if the transfer has been processed.
Suitability	Large money transfers	Small money transfers

Top Rated Money Transfer Service

Currencies Direct are the top rated International Money Transfer Service on our list.

	CurrencyTransfer	Instarem
Year Founded	2015	2014
Headquarters	London, UK	Singapore
Other Office Locations	Tel Aviv (Israel)	Canada, the United States, the United Kingdom, Lithuania, India, Hong Kong, Japan, Malaysia, Indonesia, and Australia
Annual Trading Volume	$500 million	$3 billion
Number of Employees	23	300
Number of Clients	20000	1 million
Regulatory Institutions	FCA and HRMC in the UK	FinCEN in the USA FINTRAC in Canada FCA in the UK ASIC in Australia The Bank of Lithuania in the EU MAS in Singapore CED in Hong Kong Central Bank of Malaysia in Malaysia Bank of Indonesia in Indonesia Kanto Local Finance Bureau in Japan Reserve Bank of India in India
Awards	Top 9 Startups (Swift Innotribe Startup Challenge, 2014) Presented at FinovateEurope – a FinTech-based conference (2014)	Singapore Fintech Award (Singapore Fintech Festival, 2017) FinTech Rising Star Award (India FinTech Awards, 2017) Outstanding Digital Cross-Border Money Transfer Service (India FinTech Awards, 2017) Blockchain Innovator Award (Swell by Ripple, 2018) Excellence in Payments (Fintech Australia, 2018) Best Value International Money Transfer Provider Award (Mozo Experts Choice, 2020 and 2021)

Data taken from company websites and other third-party sites. It was believed to be accurate at the time of publication but may have since changed.

Top Rated Money Transfer Service

Currencies Direct are the top rated International Money Transfer Service on our list.

See More Comparisons:

	CurrencyTransfer	Instarem
Homepage
Transfer Fee	No fee	Depends on the selected countries, the transfer amount, and the selected payment method.
Average Exchange Rate Markup	0.007	0.3% – 0.6%
Minimum Transfer Amount	£5,000 (or currency equivalent)	$1 ($50 for India)
Maximum Transfer Amount	No limit	Depends on the origin country and the selected payment method.