EasyFX Alternatives and Competitors

September 7, 2020

EasyFX, the electronic trading site of UK-based VFX Financial PLC, provides reliable international money transfer services, as well as a multi-currency payment card. If you wish to use the fund transfer services of this company, taking a look at its competition can be worthwhile. After all, not everyone who wishes to send money across borders has the same requirements.

When looking for an EasyFX competitor that will work well for you, it is important that you identify your individual needs. Do you wish to transfer a major or exotic currency? Do you want to register as a business or an online seller?

Forward contracts and limit orders
Scheduled transfers
Travel money solutions for residents of the UK
Multilingual website

low

Fees

medium

2-3 days

Go to Site

Low Transparent fee structure
Forward contracts
Scheduled transfers
Dedicated account manager
Live chat support

low

Fees

fast

1-2 days

Go to Site

0.4% margin for new customers referred by iCompareFX
Fee-free transfers
Scheduled transfers
Online and phone transfers

low

Fees

medium

2-3 days

Go to Site

Fee-free transfer limit
Forward contracts
Stop loss orders
Limit orders

low

Fees

medium

2-3 days

Go to Site

Jump to an alternative provider

Currencies Direct

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WorldFirst

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OFX

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Global Reach Group

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Currencies Direct

Currencies Direct has been around since 1996. The company has its headquarters in the UK, and offices also in the U.S., Spain, Portugal, France, India and South Africa. Other than individuals and businesses, Currencies Direct also provides specialist services for online sellers. This EasyFX alternative operates dedicated websites for the UK, the U.S., Spain, Portugal, France, Italy, Germany, Norway, Sweden and China. Website access is offered in local languages.

Provides services to individuals, businesses and online sellers

Dedicated account managers

Headquartered in the UK, offices also in the U.S., France, Spain, Portugal, South Africa, India and China

Lets you schedule transfers

Offers spot transfers, forward contracts and limit orders

Provides travel money solutions to residents of the UK

Multilingual website

Local phone support in various countries

Services not available to residents of all U.S. states

No cash pick up centers

WorldFirst

Headquartered in the UK, this alternative to EasyFX also has offices in the U.S., Hong Kong, Singapore and Australia. It began operations in 2004. Depending on which World First website you choose, you can register as an individual, a business or an online seller. The company operates websites for the UK, France, Australia, China, Japan, Singapore and Hong Kong. Website language options include English, Japanese, Chinese and French.

Headquarters in the UK, offices also in the Netherlands, Australia, Singapore, Hong Kong and Japan

Applies a transparent pricing band over existing real/interbank exchange rates

Lets you schedule transfers

Offers forward contracts and spot orders

Multilingual website

Creates unique offers for individual and business customers

Use the “World Account” to receive and pay bills in a host of currencies through exclusive bank account numbers, and avoid paying currency conversion fees

Integrating the World Account with Xero is simple

Local phone support in various countries

You cannot register as a customer from the U.S.

Varied minimum transfer limits

No cash pick up centers

OFX

When OFX began operations as OZForex in 1998, it functioned as no more than an information-only website. Now, this Australia-based business also has offices in the UK, the U.S., Canada, New Zealand and Hong Kong. You can register with OFX as an individual, a business or an online seller.

Headquartered in Australia, offices also in the U.S., the UK, Hong Kong and New Zealand

Do not pay fees by transferring more than preset threshold limits

Aims to match or beat rates offered by its competitors

Lets you schedule transfers

Offers spot transfers, forward contracts and market orders

Trade online or over the phone

Local phone support provided in several countries

Cannot trade in all currencies online – for some, you have to initiate transfers over the phone

No multilingual website

No cash pick up centers

Global Reach Group

This UK-based EasyFX competitor began operations in 2002. Other than its headquarters in London, it has offices in Cornwall, Cyprus, South Africa and the Netherlands. You may register with Global Reach Group as an individual or a business. Access to the company’s website is available only in English.

Provides services for individuals and businesses

Headquartered in the UK, offices also in Cyprus, South Africa and the Netherlands

Gives customers access to currency specialists

Lets you schedule transfers

Provides forward contracts, limit orders and stop loss orders

No multilingual website

No cash pick up centers