WorldFirst Logo

WorldFirst

UK-based World First also has offices in the Netherlands, Japan, Hong Kong and Singapore. This alternative to Key Currency began operations in 2004. The company serves individuals, businesses and online sellers. It operates dedicated multilingual websites for different countries.

Pros

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Register as an individual, a business or an online seller
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Headquartered in the UK, offices also in the Netherlands, Japan, Hong Kong and Singapore
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Dedicated multilingual websites for the UK, France, the Netherlands, Australia, Japan, Hong Kong and Singapore
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Pay a nominal and transparent margin over existing interbank/real exchange rates
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Provides forward contracts and scheduled transfers
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Get free bank account details in different currencies through the World Account, and save in fees when reconciling payments using matching currency accounts
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Integrating the World Account with Xero is easy
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Initiate your transfer online or over the phone

Cons

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Does not provide services in all American states
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Has minimum transfer limits
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No cash pickup centers

Global Reach Group Logo

Global Reach Group

Global Reach Group has its headquarters in the UK and offices in South Africa, the Netherlands and Cyprus. This alternative to Key Currency has been around since 2002. You may register with Global Reach Group as an individual or a business. Access to its website is only in English.

Pros

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Serves individuals and businesses
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Headquarters in the UK, offices also in South Africa, the Netherlands and Cyprus
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All customers get access to currency specialists
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Choose from forward contracts, limit orders and stop loss orders
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Allows scheduling of transfers

Cons

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No cash pickup centers
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No multilingual website

Currencies Direct Logo

Currencies Direct

UK-based Currencies Direct also has offices in the U.S., Spain, Portugal, France, India and South Africa. This Key Currency competitor began operations in 1996. It serves individuals, businesses and online sellers. Website access comes in different languages.

Pros

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Register as an individual, a business or an online seller
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Accepts customers from most countries
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Headquartered in the UK, offices also in the U.S., Spain, Portugal, France, India and South Africa
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Multilingual website
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Offers forward contracts, market orders and scheduled transfers
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Provides travel money solutions in the UK

Cons

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Does not provide services in all American states
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No cash pickup centers

OFX Logo

OFX

OFX is an Australia-based company with offices also in New Zealand, the UK, the U.S., Canada and Hong Kong. This Key Currency alternative began operations in 1998 as an information-only website. The company serves individuals, businesses and online sellers. Its website is only in English.

Pros

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Sign up as an individual, a business or an online seller
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Headquarters in Australia, offices also in New Zealand, the UK, the U.S., Canada and Hong Kong
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Operates dedicated websites for Australia, the UK, the U.S. and Canada
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Offers local phone support in some countries
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Fee-free transfers if you send more than preset thresholds
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Provides forward contracts, market orders and scheduled transfers
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Initiate your transfer online or over the phone

Cons

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Allows trading of some currencies only over the phone
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Website access limited to English
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No cash pickup centers

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