Currencies Direct Logo

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.

Pros

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Provides services to individuals, businesses and online sellers
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Dedicated account managers
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Headquartered in the UK, offices also in the U.S., France, Spain, Portugal, South Africa, India and China
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Lets you schedule transfers
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Offers spot transfers, forward contracts and limit orders
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Provides travel money solutions to residents of the UK
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Multilingual website
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Local phone support in various countries

Cons

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Services not available to residents of all U.S. states
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No cash pick up centers

WorldFirst Logo

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.

Pros

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Register as an individual, a business or an online seller
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Headquarters in the UK, offices also in the Netherlands, Australia, Singapore, Hong Kong and Japan
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Applies a transparent pricing band over existing real/interbank exchange rates
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Lets you schedule transfers
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Offers forward contracts and spot orders
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Multilingual website
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Creates unique offers for individual and business customers
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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
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Integrating the World Account with Xero is simple
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Local phone support in various countries

Cons

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You cannot register as a customer from the U.S.
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Varied minimum transfer limits
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No cash pick up centers

OFX Logo

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.

Pros

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Register as an individual, a business or an online seller
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Headquartered in Australia, offices also in the U.S., the UK, Hong Kong and New Zealand
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Do not pay fees by transferring more than preset threshold limits
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Aims to match or beat rates offered by its competitors
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Lets you schedule transfers
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Offers spot transfers, forward contracts and market orders
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Trade online or over the phone
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Local phone support provided in several countries

Cons

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Cannot trade in all currencies online – for some, you have to initiate transfers over the phone
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No multilingual website
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No cash pick up centers

Global Reach Group Logo

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. 

Pros

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Provides services for individuals and businesses
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Headquartered in the UK, offices also in Cyprus, South Africa and the Netherlands
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Gives customers access to currency specialists
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Lets you schedule transfers
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Provides forward contracts, limit orders and stop loss orders

Cons

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No multilingual website
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No cash pick up centers

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