OFX Logo

OFX

OFX has been around since 1998, although it operated as OzForex until 2015. The company now operates various region-specific websites. Since its inception, it has handled more than $100 billion in fund transfers. Headquartered in Australia, the company also has offices in New Zealand, the U.S., the UK, Canada and Hong Kong. 

Pros

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Register as an individual, a business, or an online seller
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Dedicated websites for the U.S., Canada, the UK, Australia, New Zealand, Hong Kong and Singapore
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Offices in the U.S., the UK, Australia, Canada and Hong Kong
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No transfer fees for amount that exceed preset thresholds
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Choose from spot transfers, forward contracts, limit orders and scheduled transfers
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Sign up for the Global Currency Account for online sellers and get bank account details in multiple currencies
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Local phone support for residents of different countries
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Initiate transfers online or over the phone

Cons

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Website access only in English
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Trading in some currencies requires contacting OFX over the phone
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No cash pick up centers

TorFX Logo

TorFX

The TorFX group has been around since 2004. Today, it processes around £3 billion in overseas fund transfers each year. This UK-based specialist money transfer company also has offices in mainland Europe, Australia, South Africa, and the U.S. In 2013, it launched a dedicated website for the Australian market. Start reading the TorFX review to determine if this company is right for you.

Pros

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Provides services to individuals and businesses
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No transfer fees for personal transfers
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Offers scheduled transfers, spot contracts, forward contracts, limit orders and stop loss orders
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Provides travel money solutions in the UK

Cons

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Website access only in English
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Offices only in the UK and Australia
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No cash pick up centers

Currencies Direct Logo

Currencies Direct

In 1996, Mayank Patel and Peter Ellis launched Currencies Direct, enabling a viable alternative to banks when transferring funds overseas. Headquartered in the UK, this Azimo competitor now has offices in the U.S., France, Spain, Portugal, India, and South Africa. Depending on your country of residence, you can use the Currencies Direct website in languages including French, Italian, Portuguese, Norwegian, Dutch, Spanish, Swedish, and Chinese. Read this review to learn more about Currencies Direct.

Pros

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Register as an individual, a business, or an online seller
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Accepts clients from most countries
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Offices in the U.S., the UK, France, Portugal, Spain, South Africa, India and China
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Website access in multiple languages
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Choose from spot transfers, forward contracts, scheduled transfers and limit orders
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Provides travel money solutions in the UK through a partnership with ICE Travel Money
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Local phone support available in different countries

Cons

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Services not available in all U.S. states
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No cash pick up centers

Global Reach Group Logo

Global Reach Group

UK-based Global Reach Group also has offices in the Netherlands, Cyprus, and South Africa. You may sign up with this international money company as an individual or a business. This Azimo competitor does not operate a multilingual website.

Pros

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Serves individuals and businesses
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Headquartered in the UK, offices also in the Netherlands, Cyprus and South Africa
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Provides access to currency dealers
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Lets you choose from scheduled transfers, stop loss orders, limit orders and forward contracts

Cons

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Transfer amount might have a bearing on fees
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Website access only in English
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No cash transfers