XE vs Caxton: Fees & Reviews Compared (2025)

Both XE and Caxton are popular international money transfer services. But which one is better?

Below we compare them on their fees and reviews.

Sections

Fees

Top Rated Money Transfer Service

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

	XE	Caxton
Trustpilot Rating	4.3	4.8
Number of Trustpilot Reviews	61,500	4,700
iOS App Rating	4.3	4.6
Number of iOS App Reviews	5,300	7
Android App Rating	3.5	N/A
Number of Android App Reviews	113,000	N/A

Data taken from relevant websites at time of publication.

	XE	Caxton
App Transfers	Yes	Yes
Online Transfers	Yes	Yes
Phone Transfers	No	No
In-person Transfers	Yes	No
Available Countries	170	170
Number of Currencies	50	28
Payment Methods	Bank account Debit card Credit card Check Direct debit BillPay BPAY PayID Interac	Bank account Debit card
Receiving Methods	Online wallet Bank account Cash pickup	Bank account
Cash Pickup Option	Yes	No
Payments Flexibility	Web platform Mobile app	Web platform Mobile app
Supported Languages	English, German, Spanish, French, Portuguese, Italian, Swedish, Arabic, Japanese, and Chinese	English
Transfer Speed	1-4 days	1-2 days
Dedicated Dealer	Only for customers transferring above $70,000	Only for business clients
Instant Custom Quote	Yes	No
Business Features	Spot contracts Forwards contracts Market orders Digital multi-currency wallet Rate alerts API portal	Spot contracts Forwards contracts Batch payments Risk management tools Rate alerts API integration
Debit Card	None	Caxton Currency Card
Cancellation Policy	Only for cash pick-up transfers when the cash hasn’t been collected by the recipient	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

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

	XE	Caxton
Year Founded	1993	2002
Headquarters	Newmarket, ‎Ontario‎, ‎Canada	London, UK
Other Office Locations	Canada, Australia, the US, the UK, and New Zealand	No other offices
Annual Trading Volume	£15 billion	£1 billion
Number of Employees	350	170
Number of Clients	150000	660000
Regulatory Institutions	FinCEN in the USA FINTRAC and OSFI in Canada FCA in the UK ASIC in Australia	FCA and the HMRC in the UK
Awards	International Money Transfers Outstanding Value Award (Canstar, 2021)	FX Provider of the Year (FT and Investors Chronicle Awards, 2018) 5 Star Travel Prepaid Card (Moneyfacts, 2018)

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:

	XE	Caxton
Homepage
Transfer Fee	£2.00 under £250 (UK) €2.00 under €250 (EU) No fee for other sums	No fee
Average Exchange Rate Markup	0.2% to 1.4%	N/A
Minimum Transfer Amount	$1	£100 (or currency equivalent)
Maximum Transfer Amount	£350,000 (UK and EU) $535,000 (US) CAD $535,000 (Canada) NZD $750,000 (New Zealand)	£100,000 (or currency equivalent); £10,000 if paying with a debit card.