Both Moneycorp and Caxton are popular international money transfer services. But which one is better?
Below we compare them on their fees and reviews.
Fees
Moneycorp | Caxton | |
Homepage | ![]() | ![]() |
Transfer Fee | No fee for online transfers £15 for transfers over the phone. | No fee |
Average Exchange Rate Markup | 1% – 2% | N/A |
Minimum Transfer Amount | 50 | £100 (or currency equivalent) |
Maximum Transfer Amount | £100,000 (or currency equivalent) for online transfers. No limit for transfers over the phone. | £100,000 (or currency equivalent); £10,000 if paying with a debit card. |
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
Moneycorp | Caxton | |
Trustpilot Rating | 4.3 | 4.8 |
Number of Trustpilot Reviews | 6,300 | 4,700 |
iOS App Rating | 2.1 | 4.6 |
Number of iOS App Reviews | 120 | 7 |
Android App Rating | N/A | N/A |
Number of Android App Reviews | N/A | N/A |
Features
Moneycorp | Caxton | |
App Transfers | Yes | Yes |
Online Transfers | Yes | Yes |
Phone Transfers | Yes | No |
In-person Transfers | No | No |
Available Countries | 190 | 170 |
Number of Currencies | 35 | 28 |
Payment Methods | Bank account Debit card Check | Bank account Debit card |
Receiving Methods | Bank account | Bank account |
Cash Pickup Option | No | No |
Payments Flexibility | Web platform Mobile app Phone | Web platform Mobile app |
Supported Languages | English, Portuguese, French, Romanian, and Spanish | English |
Transfer Speed | 1-2 days | 1-2 days |
Dedicated Dealer | Yes | Only for business clients |
Instant Custom Quote | No | No |
Business Features | Spot contracts Forwards contracts Market orders Limit orders Stop-loss orders Recurring transfers Vanilla options Zero-cost options Rate alerts | Spot contracts Forwards contracts Batch payments Risk management tools Rate alerts API integration |
Debit Card | None | Caxton Currency Card |
Cancellation Policy | Each individual transfer’s cancellation can be discussed upon contacting a Moneycorp representative. Generally, most transfers that haven’t been completed can be canceled and refunded. | 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. |
Suitability | Small and large money transfers | Small and large money transfers |
Top Rated Money Transfer Service
Company Comparison
Moneycorp | Caxton | |
Year Founded | 1979 | 2002 |
Headquarters | London, UK | London, UK |
Other Office Locations | Dublin (Ireland), Toronto (Canada), Gibraltar, Madrid, Costa Blanca, and Costa Del Sol (Spain), Bucharest (Romania), Dubai (UAE), Washington DC, Orlando, and Providence (USA), Hong Kong, and São Paulo (Brazil) | No other offices |
Annual Trading Volume | £38 billion | £1 billion |
Number of Employees | 900 | 170 |
Number of Clients | N/A | 660000 |
Regulatory Institutions | FinCEN and the Federal Reserve Bank of New York in the USA FINTRAC in Canada FCA and the HMRC in the UK Dubai Financial Services Authority in UAE Central Bank of Brazil in Brazil Central Bank of Ireland in Ireland CED in Hong Kong GFSC in Gibraltar | FCA and the HMRC in the UK |
Awards | Travel Money Provider of the Year (Moneyfacts Consumer Awards, 2015,2016) Top Track 250 (The Sunday Times, 2017) Gold Trusted Service Award (Feefo, 2018, 2019) Best Money Transfer Service Provider (The World Banking Awards, 2019) Platinum Trusted Service Award for consistently delivering excellence (Feefo, 2020) Money Transfer Provider of the Year (MoneyAge Awards, 2019, shortlisted in 2020) Best Cross-Border Payments Service (Payment Awards, shortlisted in 2020) Best Cross-Border Payments Infrastructure (Payment Awards, shortlisted in 2020) Foreign Exchange Services finalist (The Private Equity Service Provider Awards, 2020) | FX Provider of the Year (FT and Investors Chronicle Awards, 2018) 5 Star Travel Prepaid Card (Moneyfacts, 2018) |
Moneycorp Pros & Cons
Moneycorp Pros
- Exceptional customer support
- Respectable Trustpilot rating
- Zero fees for transfers conducted online
- Unlimited transfer amounts for phone transactions
- Operational in more than 190 nations worldwide
- Impressive range of supported currencies
- In-depth local expertise
- Decades of industry experience
- Speedy money transfers
- Broad array of features for businesses
- Multilingual services
- Robust regulatory compliance
Moneycorp Cons
- Limited funding methods
- Lack of support for less-common currencies
- No option for instant personalized quotes
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
Top Rated Money Transfer Service
See More Comparisons:
Moneycorp vs Corpay
Moneycorp vs Currency Solutions
Caxton vs Corpay
Caxton vs Currency Solutions
Corpay vs Currency Solutions