Currencies Direct vs TorFX - Who is better? [UPDATED 2024]

When it comes to sending money across borders, we tested options like Currencies Direct and TorFX have emerged as leading choices. Both Currencies Direct and TorFX online platforms offer efficient and cost-effective and secure international money transfers from Currencies Direct and TorFX.

We compare Currencies Direct vs TorFX into the unique features and benefits that distinguish Currencies Direct vs TorFX, empowering you to make an informed decision based on your specific transfer needs like Currencies Direct vs TorFX fees, currencies available, available payment methods on Currencies Direct compared to TorFX, support options offered by Currencies Direct vs TorFX, speed and more.

Currencies Direct vs TorFX: Quick Feature Comparison

  1. Visit Currencies Direct alternative Currencies Direct Visit Currencies Direct

    Used By: 325,000
    Currencies Available: 22
    Transfer Fees: none
    Payment Methods: Bank transfer, debit card
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: none
    Max Transfer: 25000 GBP
    Year Founded: 1995

  2. Visit Currencies Direct alternative TorFX Visit TorFX

    Used By: 325,000
    Currencies Available: 39
    Transfer Fees: 1.91%-2.71%
    Payment Methods: chaps, swift, bacs, debit card, cheque
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: 200 USD
    Max Transfer: none
    Year Founded: 2004

Currencies Direct vs TorFX: Pros and Cons

Currencies Direct vs TorFX
Advantages

Currencies Direct Advantages TorFX Advantages
  • Currencies Direct has been serving clients for over 29 years
  • Currencies Direct is available internationally.
  • Currencies Direct has multiple currency options.
  • Currencies Direct provides phone customer support.
  • Currencies Direct provides email customer support.
  • Currencies Direct is available to iOS Apple device users.
  • Currencies Direct is available to Android mobile device users.
  • TorFX has been in operation for over 20 years.
  • TorFX operates in numerous international countries.
  • TorFX offers an extensive range of currency options for money transfers.
  • TorFX provides phone support.
  • TorFX offers registered customers email support.
  • TorFX has a Apple iOS app on Apple app store.
  • TorFX offers a Android Google Play Store mobile app.

Currencies Direct vs TorFX
Disadvantages

Currencies Direct Disadvantages TorFX Disadvantages
  • Currencies Direct has no PayPal support.
  • Currencies Direct has no Neteller payments support.
  • Currencies Direct has no Skrill payment support.
  • Currencies Direct does have a mobile digital wallet like some others.
  • No home delivery with Currencies Direct.
  • No cash pickups with Currencies Direct.
  • No money order support with Currencies Direct.
  • No live chat support with Currencies Direct.
  • TorFX has no PayPal option.
  • TorFX has no Neteller option.
  • TorFX has no Skrill option.
  • No digital wallets with TorFX.
  • No TorFX home delivery.
  • No TorFX Cash pickups.
  • No TorFX money order option.
  • No TorFX Livechat.

Currencies Direct vs TorFX Fees and Other Costs

Fee type Currencies Direct Fees TorFX Fees
Transfer Fees none 1.91%-2.71%
Min Transfer none 200 USD
Max Transfer 25000 GBP none
Payment Methods Bank transfer, debit card chaps, swift, bacs, debit card, cheque
Currencies AUD, CAD, DKK, EUR, HUF, INR, JPY, MUR, MAD, NZD, NOK, PLN, RON, SGD, ZAR, SEK, CHF, THB, AED, USD, HKD, RMB EUR, GBP, USD, CAD, AUD, NZD, JPY, ZAR, CHF, AED, BBD, BWP, BGN, CNY, HRK, CZK, DKK, XCD, FJD, HKD, HUF, INR, ILS, KES, MUR, MXN, MAD, TRY, NOK, PHP, PLN, RON, RUB, SGD, LKR, SEK, THB, TTD, UGX

Currencies Direct vs TorFX Restricted Countries

Currencies Direct Country Restrictions

Afghanistan, Aland Islands, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Barbados, Belize, Benin, Bhutan, Bonaire (including Sint Eustatius and Saba), Bouvet Island, British Indian Ocean Territory, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, Cocos (Keeling) Islands, Comoros, Congo, Democratic Republic of, Congo, Republic of, Cook Islands, Crimea, Cuba, Curacao, Djibouti, Equatorial Guinea, Eritrea, Faroe Islands, Fiji, French Guyana, French Polynesia, French Southern Territories, Gabon, Gambia, Greenland, Grenada, Guadeloupe, Guinea, Guinea-Bissau, Guyana, Haiti, Heard Island and Mcdonald Islands, Holy See (Vatican City State), Iran, Iraq, Ivory Coast (Cote d'Ivoire), Japan, Kiribati, Kosovo, Kyrgyzstan, Lao People’s Democratic Republic, Lebanon, Liberia, Libya, Macao, Mali, Marshall Islands, Martinique, Mauritania, Mayotte, Micronesia, Federated States of, Montserrat, Myanmar, Namibia, Nauru, New Caledonia, Niger, Niue, Norfolk Island, North Korea, Northern Mariana Islands, Palau, Palestinian Territory, Papua New Guinea, Reunion, Pitcairn, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Sao Tome e Principe, Seychelles, Sierra Leone, Sint Maarten, Solomon Islands, Somalia, South Georgia and the South Sandwich Islands, Sudan (North and South), Suriname, Svalbard and Jan Mayen, Syria, Tajikistan, Timor-Leste, Togo, Tokelau, Tonga, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Vanuatu, Venezuela, Wallis and Futuna, Western Sahara, Western Samoa, Yemen, Zimbabwe, Crimea, Cuba, Iran, Libya, North Korea, South Sudan, Sudan, Syria

TorFX Country Restrictions

Afghanistan, Aland Islands, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Barbados, Belize, Benin, Bhutan, Bonaire (including Sint Eustatius and Saba), Bouvet Island, British Indian Ocean Territory, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, Cocos (Keeling) Islands, Comoros, Congo, Democratic Republic of, Congo, Republic of, Cook Islands, Crimea, Cuba, Curacao, Djibouti, Equatorial Guinea, Eritrea, Faroe Islands, Fiji, French Guyana, French Polynesia, French Southern Territories, Gabon, Gambia, Greenland, Grenada, Guadeloupe, Guinea, Guinea-Bissau, Guyana, Haiti, Heard Island and Mcdonald Islands, Holy See (Vatican City State), Iran, Iraq, Ivory Coast (Cote d'Ivoire), Japan, Kiribati, Kosovo, Kyrgyzstan, Lao People’s Democratic Republic, Lebanon, Liberia, Libya, Macao, Mali, Marshall Islands, Martinique, Mauritania, Mayotte, Micronesia, Federated States of, Montserrat, Myanmar, Namibia, Nauru, New Caledonia, Niger, Niue, Norfolk Island, North Korea, Northern Mariana Islands, Palau, Palestinian Territory, Papua New Guinea, Reunion, Pitcairn, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Sao Tome e Principe, Seychelles, Sierra Leone, Sint Maarten, Solomon Islands, Somalia, South Georgia and the South Sandwich Islands, Sudan (North and South), Suriname, Svalbard and Jan Mayen, Syria, Tajikistan, Timor-Leste, Togo, Tokelau, Tonga, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Vanuatu, Venezuela, Wallis and Futuna, Western Sahara, Western Samoa, Yemen, Zimbabwe, Crimea, Cuba, Iran, Libya, North Korea, South Sudan, Sudan, Syria

Currencies Direct vs TorFX Transfer Speeds

Transfer Speed Currencies Direct TorFX
Account Opening 1-3 days 1-3 days
Money Transfer Speed 1-10 days 1-10 days

Currencies Direct vs TorFX Languages

Currencies Direct Supported Languages

TorFX Supported Languages

Currencies Direct vs TorFX Verdict - Which is better?

Which is best out of Currencies Direct and TorFX depends on your needs.

  • Currencies Direct vs TorFX Transfer Fees: Transferring money with Currencies Direct costs none while TorFX charges 1.91%-2.71%.
  • Currencies Direct vs TorFX Supported Currencies: Currencies Direct deals in over 1, where as TorFX offers transactions in 1.
  • Currencies Direct vs TorFX Payment Methods: Currencies Direct accepts Bank transfer, debit card, while TorFX allows transactions via chaps, swift, bacs, debit card, cheque.
  • Currencies Direct vs TorFX Transfer Limits: Currencies Direct allows transfers between none and 25000 GBP. TorFX's range is 200 USD to none.
  • Currencies Direct vs TorFX Minimum Age for Account Creation: Currencies Direct requires users to be at least 18 years old, where as TorFX has a minimum age requirement of 18.
  • Contact Number: You can reach Currencies Direct at 44 (0) 20 7847 9400 and TorFX at 44 (0) 1736 335 250 .
  • Currencies Direct vs TorFX Countries of Operation: Currencies Direct operates in over 1 countries but has restrictions in over 1 countries. TorFX serves 1 countries and restricts operations in 1 countries.
  • Currencies Direct vs TorFX Client Base: Currencies Direct is used by 325, where as TorFX serves 325.
  • Currencies Direct vs TorFX Year Founded: Currencies Direct was established in 1995 and TorFX began its operations in 2004.
  • Currencies Direct vs TorFX Customer Rating: Currencies Direct holds a rating of 3, in contrast, TorFX has a rating of 3.
  • Currencies Direct vs TorFX Headquarters: Currencies Direct has its headquarters at London (GB), while TorFX is based at Cornwall, UK.
  • Currencies Direct vs TorFX Employee Count: Currencies Direct employs 276 individuals, where as TorFX has a team of 100.
  • Currencies Direct vs TorFX Estimated Annual Turnover: Currencies Direct turnover stands at 257,000,000 USD , while TorFX boasts a turnover of 20,000,000,000 USD.
  • Currencies Direct vs TorFX Founder: Currencies Direct was founded by Leo Markides, holding the position of Chief Operating Officer. On the other hand, TorFX was the brainchild of Jon Beddell, currently holding the position of CEO.
  • Currencies Direct vs TorFX Supported Languages: Currencies Direct offers support in over 1 languages. TorFX communicates in 1.

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Currencies Direct vs TorFX Alternatives Guides

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Screenshots

Currencies Direct Screenshot

Currencies Direct Screenshot

TorFX Screenshot

Currencies Direct Screenshot