Both VertoFX and Currency Solutions are popular international money transfer services. But which one is better?
Below we compare them on their fees and reviews.
Fees
VertoFX | 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 | 0.2%-0.6% | 0.5% – 1% |
Minimum Transfer Amount | $1 | £100 |
Maximum Transfer Amount | No limit | 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
VertoFX | Currency Solutions | |
Trustpilot Rating | 3.9 | 4.7 |
Number of Trustpilot Reviews | 500 | 2,500 |
iOS App Rating | N/A | N/A |
Number of iOS App Reviews | N/A | N/A |
Android App Rating | N/A | N/A |
Number of Android App Reviews | N/A | N/A |
Features
VertoFX | Currency Solutions | |
App Transfers | Yes | No |
Online Transfers | Yes | Yes |
Phone Transfers | No | Yes |
In-person Transfers | No | No |
Available Countries | 200 | 160 |
Number of Currencies | 51 | 40 |
Payment Methods | Bank account Debit card Credit card Online wallet | Bank account Debit card |
Receiving Methods | Bank account Online wallet | 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 | Yes | Yes |
Instant Custom Quote | No | No |
Business Features | FX solutions Currency marketplace Market orders Local and global accounts Corporate cards Treasury management Digital multi-currency wallet API integration | Spot contracts Forwards contracts Market orders Options contracts Risk management Recurring transfers API integration |
Debit Card | Multi-Currency Corporate Card | None |
Cancellation Policy | If your transfer hasn’t been completed, you can request a cancellation and refund. Once a transfer has been finalized and the money has been sent to the recipient, it’s generally not possible to cancel 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
VertoFX | Currency Solutions | |
Year Founded | 2017 | 2003 |
Headquarters | London, UK | London, UK |
Other Office Locations | India, Kenya, South Africa, etc. | Amsterdam (the Netherlands), Dublin (Ireland), and Paphos (Cyprus) |
Annual Trading Volume | $4 billion | £1 billion |
Number of Employees | 100 | 70 |
Number of Clients | 3000 | 150000 |
Regulatory Institutions | FinCEN in the USA De Nederlandsche Bank in the EU Central Bank of Kenya in Kenya FSCA in South Africa | FCA in the UK |
Awards | Best Cross-Border Payments Infrastructure (Payment Awards, 2022) | The Best Currency Transfer Provider (Trade Finance Global Currency Awards, 2016) Top-rated International Money Transfer Provider (Trustpilot, 2017 – 2020) |
VertoFX Pros & Cons
VertoFX Pros
- Diverse payment methods
- Exceptional customer support
- Excellent Trustpilot score
- Zero transfer fees
- Competitive foreign exchange rates
- Comprehensive informational resources
- Peer-to-peer currency trading marketplace
- Digital wallet supporting multiple currencies
- Worldwide service reach spanning over 200 countries
- Robust currency offerings with 51 global currencies
- A plethora of business FX options
- Fast money transfer services
- Flexibility with no set lower or upper transfer limits
VertoFX Cons
- Relatively new in the international money transfer market
- Not ideal for individual money transfers
- Extensive verification documentation needed
- No iOS-compatible mobile application
- Lack of real-time custom quotes
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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