About the Author

Founder & author

Gavan started iCompareFX in 2014 after discovering the easiest way to wire money internationally was through a specialist provider and not the big banks. Working with global clients, he has become an expert in comparing money remittance companies. An ex-financial/IT nut turned entrepreneur, he reviews the best and cheapest providers available on the market.

Spot contracts

Multi-currency wallet

EasyFX debit card

Payment options

Bank transfer

 

Payout options

EasyFX debit card

Bank transfer

 

Transfer options

Online

 

Regular transfers

Not available

Send money to

GBP, EUR, EUR, CZK, DKK, HUF, ISK, EUR, NOK, PLN, EUR, EUR, SEK, CHF, BGN, EUR, LVL, TRY, RON, CAD, MXN, USD, KES, MUR, MAD, SCR, ZAR, TAD, HKD, INR, ILS, JPY, QAR, SAR, SGD, THB, TRY, AED, AUD, NZD, FJD

Contact form - https://www.easyfx.com/contact


Personal Features

33

  • Spot transfers. This is the simplest way to make a one-off transfer and it comes with an agreement to exchange currencies at a predetermined rate. Settlement usually happens in two days.
  • Same day/next day. If you are in a hurry to get money across, you may set up a transfer through VFX Financial that the company will settle quicker than usual.
  • EasyFX currency card. With the EasyFX multi-currency Mastercard, you get easy access to funds in your account.

Business Benefits

44


Fees & Exchange Rates

12.5

  • Forward contracts. With a VFX Financial forward contract you get to fix an exchange rate for the future. This gives you the ability to eliminate risk and uncertainty. You will need to pay a deposit to set up a forward contract.
  • Forward time option contract. While these work quite like forward contracts, you get the ability to draw funds in full or partially before contract maturity.
  • EasyFX currency card. With the EasyFX multi-currency Mastercard, you get easy access to funds in your account.

Ease of Use

64

How to Sign Up with EasyFX?

You may sign up with EasyFX online in a matter of minutes. The online application requires information such as your complete name, phone numbers, email address, and residential address. The company needs to verify your identity and address before activating your account.

How Do You Send Money Through EasyFX?

Setting up an overseas money transfer through EasyFX is easy and takes little time.

  • Provide recipient’s details. This includes the recipient’s name, bank account number, the bank’s name, and the bank’s SWIFT / ABA / Sort / BSB code or IBAN number.
  • Provide transfer details. Enter the amount you wish to transfer and choose from spot transfers, forward contracts, limit orders, and stop orders.
  • Pay. Pay for your transfer. EasyFX will not process your transfer until it receives your payment.

Support & Countries

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Supported Countries

GBP,EUR,EUR,CZK,DKK,HUF,ISK,EUR,NOK,PLN,EUR,EUR,SEK,CHF,BGN,EUR,LVL,TRY,RON,CAD,MXN,USD,KES,MUR,MAD,SCR,ZAR,TAD,HKD,INR,ILS,JPY,QAR,SAR,SGD,THB,TRY,AED,AUD,NZD,FJD
 

EasyFX Customer Service

Most customers of EasyFX have good things to say about the company, although you will find some negative reviews out there as well. On Trustpilot, the company gets an average score of 8.3 out of 10. The general consensus is that the company does well on the customer service front, but some users feel that its online interface can be better.

You may find answers to commonly asked questions through the support page of the EasyFX website. You can contact the company by sending an email using their online platform or by calling +44 (0) 20 7959 6995, Monday through Friday, 9am to 5:30pm.


Trust & Transparency

50

EasyFX keeps client money in segregated accounts with the Royal Bank of Scotland. Its website uses high levels of encryption to keep user data safe. VFX Financial, the company that owns and operates EasyFX, is registered with and regulated by the UK Financial Conduct Authority (FCA).

FAQs

Summary

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UK-based EasyFX provides forex services to individuals and businesses. It offers hedging tools such as forward contracts and limit orders through its parent company. Personal transfers are fee-free. EasyFX also provides a multicurrency prepaid Mastercard. This is not a credit card and you may refer to it as a currency card, debit card, money card, currency prepaid card, or EasyFX card. You may use this card for travel money, ATM withdrawals, and for purposes of spending money abroad. Please be aware ATM fees may apply at some machines.

Pros

    Cons