XE vs Currencies Direct: Fees & Reviews Compared (2025)

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	Currencies Direct
Trustpilot Rating	4.3	4.9
Number of Trustpilot Reviews	61,500	9,400
iOS App Rating	4.3	3.5
Number of iOS App Reviews	5,300	100
Android App Rating	3.5	3.5
Number of Android App Reviews	113,000	500

Data taken from relevant websites at time of publication.

	XE	Currencies Direct
App Transfers	Yes	Yes
Online Transfers	Yes	Yes
Phone Transfers	No	Yes
In-person Transfers	Yes	Yes
Available Countries	170	200
Number of Currencies	50	70
Payment Methods	Bank account Debit card Credit card Check Direct debit BillPay BPAY PayID Interac	Bank account Debit card Credit card Check
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 Phone In person
Supported Languages	English, German, Spanish, French, Portuguese, Italian, Swedish, Arabic, Japanese, and Chinese	English, French, Spanish, Portuguese, Italian, Norwegian, Swedish, German, Chinese, and Korean
Transfer Speed	1-4 days	1-2 hours within Europe 1-2 days for overseas transfers
Dedicated Dealer	Only for customers transferring above $70,000	Yes
Instant Custom Quote	Yes	N/A
Business Features	Spot contracts Forwards contracts Market orders Digital multi-currency wallet Rate alerts API portal	Spot contracts Forwards contracts Limit orders Stop-loss orders Recurring transfers Digital multi-currency wallet Rate alerts API portal
Debit Card	None	Currencies Direct multi-currency debit card
Cancellation Policy	Only for cash pick-up transfers when the cash hasn’t been collected by the recipient	N/A
Suitability	Small and large money transfers	Large money transfers

Top Rated Money Transfer Service

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

	XE	Currencies Direct
Year Founded	1993	1996
Headquarters	Newmarket, ‎Ontario‎, ‎Canada	London, UK
Other Office Locations	Canada, Australia, the US, the UK, and New Zealand	Orlando (USA), Saint John (Canada), Mumbai (India), Albufeira (Portugal), 3 locations in South Africa, and 19 locations in Spain
Annual Trading Volume	£15 billion	£9.5 billion
Number of Employees	350	550
Number of Clients	150000	430000
Regulatory Institutions	FinCEN in the USA FINTRAC and OSFI in Canada FCA in the UK ASIC in Australia	FinCEN in the USA FINTRAC in Canada FCA in the UK Bank of Spain in Spain and the EU ACPR in France FSB in South Africa
Awards	International Money Transfers Outstanding Value Award (Canstar, 2021)	Credit Rating of Level 1 (Dun & Bradstreet Corporation, 2010) National Business Awards Finalist (National Business Awards, 2016) Most Positive Client Reviews (Money Transfer Comparison, 2017) Consumer Champion of the Year (Money Age Magazine, 2017) Money Transfer Provider of the Year (Money Age Magazine, 2016, 2017,2018, 2019, 2020, and 2021) Best Rated Money Transfer (Money Transfer Comparison, 2019, 2020, 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:

	XE	Currencies Direct
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%	0.4% to 1.4%
Minimum Transfer Amount	$1	$1
Maximum Transfer Amount	£350,000 (UK and EU) $535,000 (US) CAD $535,000 (Canada) NZD $750,000 (New Zealand)	£25,000 through the mobile app £300,000 by placing a special request