Currencies Direct Logo

Currencies Direct

This Skrill competitor is one of the oldest players in the field. Currencies Direct began operations out of the UK, in 1996. Now, it has offices in US, France, Portugal, Spain, India and South Africa; and operations in Ireland, Scandinavia and Malta. This alternative to Skrill offers its services to individuals, businesses and online sellers.

Pros

Remove Circle Icon
Open an individual, a business or an online seller account
Remove Circle Icon
Get access to an account manager
Remove Circle Icon
Allows scheduling of transfers
Remove Circle Icon
Lets you choose from spot orders, limit orders and forward contracts
Remove Circle Icon
Headquartered in the UK, offices also in China, France, India, Portugal, South Africa, Spain and the U.S.
Remove Circle Icon
Website access in English, Chinese, French, Italian, Norwegian, Portuguese, Spanish and Swedish
Remove Circle Icon
Provides local phone support in some countries
Remove Circle Icon
Offers travel money solutions in the UK

Cons

Remove Circle Icon
Transfers only to bank accounts

Global Reach Group Logo

Global Reach Group

Global Reach Group first started in 2002. Since then, this company has witnessed considerable growth. This alternative to Skrill has its headquarters in the UK, and offices also in the Netherlands, Cyprus and South Africa. Setting up regular transfers through Global Reach Group is easy. Access to the company’s website comes only in English.

Pros

Remove Circle Icon
Sign up as an individual or a business
Remove Circle Icon
Get access to a currency specialist
Remove Circle Icon
Schedule transfers easily
Remove Circle Icon
Choose from forward contracts, stop loss orders and limit orders
Remove Circle Icon
Headquarters in the UK, offices also in the Netherlands, South Africa and Cyprus

Cons

Remove Circle Icon
Transfers only to bank accounts
Remove Circle Icon
Website available only in English

TorFX Logo

TorFX

TorFX is another alternative to Skrill that offers better exchange rates than banks. You can use its services as an individual or a business. This UK-based money transfer company has been around since 2004. While the UK-based website has been operational since its inception, its Australian website only started in 2013. Other than the UK and Australia, this money transfer company has offices in Europe, US and South Africa. Check this page for more information about TorFX.

Pros

Remove Circle Icon
Register as an individual or a business
Remove Circle Icon
Aims to offer better rates than its competitors
Remove Circle Icon
No fees for personal transfers
Remove Circle Icon
Easy to schedule transfers
Remove Circle Icon
Lets you choose from spot orders, limit orders, stop loss orders and forward contracts
Remove Circle Icon
Offers travel money solutions in the UK

Cons

Remove Circle Icon
Transfers only to bank accounts
Remove Circle Icon
Headquarters in the UK and one office in Australia
Remove Circle Icon
No multilingual website

OFX Logo

OFX

This money transfer company operated as OZForex until 2015. When it began operations in 1998, it was no more than a foreign exchange information-only website. The OFX group previously comprised of international money transfer websites such as UKForex, USForex, NZForex, and CanadianForex. They all operate as OFX now. This company continues to have its headquarters in Australia, and also has offices in New Zealand, US, Canada, the UK and Hong Kong. It offers services to individuals and businesses.

Pros

Remove Circle Icon
Sign up as an individual, a business or an online seller
Remove Circle Icon
Tries to offer rates that match or beat those offered by its competitors
Remove Circle Icon
Pay no fees by transferring more than predetermined threshold limits
Remove Circle Icon
Transfer funds online or over the phone
Remove Circle Icon
Scheduling transfers is simple
Remove Circle Icon
Choose from spot orders, market orders and forward contracts
Remove Circle Icon
Headquarters in Australia, offices also in Hong Kong, New Zealand, the UK and the U.S.
Remove Circle Icon
Provides local phone support in some countries

Cons

Remove Circle Icon
Transfers only to bank accounts
Remove Circle Icon
You can trade in some currencies only over the phone
Remove Circle Icon
Website access only in English

Tags