Kantox Alternatives and Competitors

September 7, 2020

UK-based Kantox is a FinTech company that provides currency related solutions for small to mid-sized businesses as well as corporate clients. Founded in 2011, this company simplifies making international payments and provides different hedging tools.

If you are looking for an alternative to Kantox, consider your businesses requirements. For example, not all overseas fund transfer companies provide hedging tools.

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

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

low

Fees

medium

2-3 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

Jump to an alternative provider

Currencies Direct

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WorldFirst

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Global Reach Group

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OFX

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Currencies Direct

Currencies Direct serves businesses, online sellers and individuals. This Kantox alternative gives online sellers the ability to convert sales from popular international ecommerce platforms without requiring receiving accounts in matching currencies. You get segregated accounts within the main account so receiving multiple currencies is easy. A centralized system simplifies how you manage transfers.

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

Multilingual website

Travel money solutions provided in the UK

Pay international suppliers in local currencies

Segregated accounts let you receive payments and hold funds in multiple currencies

Get access to a dedicated account manager

Choose from limit orders, forward contracts and scheduled transfers

Services not provided in all American states

WorldFirst

WorldFirst lets you register as a business, an online seller, or an individual. This alternative to Kantox provides receiving accounts in multiple currencies through its World Account. Making cross-border payments is easy. It provides forward contracts.

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

Multilingual website

Local phone support in some countries

Receiving accounts provided in GBP, USD, EUR, CAD, JPY and CNY

Making supplier payments is straightforward

Lets you choose from forward contracts and scheduled transfers

Businesses and online sellers may use the World Account to receive funds and make payments in different currencies through matching currency accounts

You can integrate the World Account with Xero easily

Adds a transparent margin over existing mid-market/real exchange rates

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

The country of the transfer’s origin and the transfer method affect sending limits

Global Reach Group

You may register with Global Reach Group as a business or an individual. This Kantox alternative provides different hedging tools. The company deals in over 140 currencies.

Serves businesses and individuals

UK-based, offices also in the Netherlands, South Africa and Cyprus

Get over-the-phone access to a currency specialist

Provides limit orders, stop loss orders and forward contracts

Lets you schedule transfers

No multilingual website

OFX

This Kantox competitor lets you sign up as a business, an online seller or an individual. Online merchants may get local collection accounts in different currencies. You pay no outgoing fees when withdrawing funds from your OFX account into your local bank account.

Serves businesses, online sellers and individuals

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

Local phone support in some countries

Local currency accounts provided in GBP, USD, EUR, CAD, AUD, HKD and JPY

Online sellers may automate delivery of funds

Online sellers get to transfer funds without incurring fees

Provides market orders, forward contracts and scheduled transfers

Personal transfers come with fee-free thresholds

Transfer funds online or over the phone

Website access only in English

Need to speak with an OFX representative over the phone to trade in some currencies