CurrencyFair vs OFX - Who is better? [UPDATED 2024]

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

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

CurrencyFair vs OFX: Quick Feature Comparison

  1. Visit CurrencyFair alternative CurrencyFair Visit CurrencyFair

    Used By: 150,000
    Currencies Available: 17
    Transfer Fees: 0.45%
    Payment Methods: Bank transfer, debit card
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: £5.00 (or equivalent)
    Max Transfer: £10,000,000.00 (or equivalent)
    Year Founded: 2009

  2. Visit CurrencyFair alternative OFX Visit OFX

    Used By: 1000000
    Currencies Available: 54
    Transfer Fees: 15 AUD below 10k AUD
    Payment Methods: ETF, BPAY (Australia), Direct debits
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: 1000 USD
    Max Transfer: none
    Year Founded: 1998

CurrencyFair vs OFX: Pros and Cons

CurrencyFair vs OFX
Advantages

CurrencyFair Advantages OFX Advantages
  • CurrencyFair has been serving clients for over 15 years
  • CurrencyFair is well rated among clients.
  • CurrencyFair is available internationally.
  • CurrencyFair has multiple currency options.
  • CurrencyFair provides phone customer support.
  • CurrencyFair provides email customer support.
  • CurrencyFair is available to iOS Apple device users.
  • CurrencyFair is available to Android mobile device users.
  • OFX has been in operation for over 26 years.
  • OFX boasts a high rating for sending money.
  • OFX operates in numerous international countries.
  • OFX offers an extensive range of currency options for money transfers.
  • OFX provides phone support.
  • OFX offers registered customers email support.
  • OFX has a Apple iOS app on Apple app store.
  • OFX offers a Android Google Play Store mobile app.

CurrencyFair vs OFX
Disadvantages

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

CurrencyFair vs OFX Fees and Other Costs

Fee type CurrencyFair Fees OFX Fees
Transfer Fees 0.45% 15 AUD below 10k AUD
Min Transfer £5.00 (or equivalent) 1000 USD
Max Transfer £10,000,000.00 (or equivalent) none
Payment Methods Bank transfer, debit card ETF, BPAY (Australia), Direct debits
Currencies AED, EUR, PLN, AUD, GBP, SEK, CAD, HKD, SGD, CHF, HUF, USD, CZK, NOK, ZAR, DKK, NZD AED, AUD, CAD, CHF, CZK, DKK, EUR, GBP, HKD, JPY, NOK, NZD, PLN, SEK, SGD, USD, ZAR, AZN, BGN, BHD, BND, CNY*, EGP, FJD, HUF, IDR, ILS, INR, KRW, KWD, LKR, MAD, MGA, MXN, MYR, OMR, PEN, PGK, PHP, PKR, RUB, SAR, SBD, SCR, TOP, THB, TRY, TWD, TZS, VND, VUV, WST, XOF, XPF

CurrencyFair vs OFX Restricted Countries

CurrencyFair 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

OFX 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

CurrencyFair vs OFX Transfer Speeds

Transfer Speed CurrencyFair OFX
Account Opening 1-3 days 1-3 days
Money Transfer Speed 1-10 days 1-10 days

CurrencyFair vs OFX Languages

CurrencyFair Supported Languages

English, French, German

OFX Supported Languages

CurrencyFair vs OFX Verdict - Which is better?

Which is best out of CurrencyFair and OFX depends on your needs.

  • CurrencyFair vs OFX Transfer Fees: Transferring money with CurrencyFair costs 0.45% while OFX charges 15 AUD below 10k AUD.
  • CurrencyFair vs OFX Supported Currencies: CurrencyFair deals in over 1, where as OFX offers transactions in 1.
  • CurrencyFair vs OFX Payment Methods: CurrencyFair accepts Bank transfer, debit card, while OFX allows transactions via ETF, BPAY (Australia), Direct debits.
  • CurrencyFair vs OFX Transfer Limits: CurrencyFair allows transfers between £5.00 (or equivalent) and £10,000,000.00 (or equivalent). OFX's range is 1000 USD to none.
  • CurrencyFair vs OFX Minimum Age for Account Creation: CurrencyFair requires users to be at least 18 years old, where as OFX has a minimum age requirement of 18.
  • Contact Number: You can reach CurrencyFair at +353 1 526 8411 and OFX at +442076144194.
  • CurrencyFair vs OFX Countries of Operation: CurrencyFair operates in over 1 countries but has restrictions in over 1 countries. OFX serves 1 countries and restricts operations in 1 countries.
  • CurrencyFair vs OFX Client Base: CurrencyFair is used by 150, where as OFX serves 1,000,000.
  • CurrencyFair vs OFX Year Founded: CurrencyFair was established in 2009 and OFX began its operations in 1998.
  • CurrencyFair vs OFX Customer Rating: CurrencyFair holds a rating of 4, in contrast, OFX has a rating of 3.
  • CurrencyFair vs OFX Headquarters: CurrencyFair has its headquarters at Dublin, Ireland, while OFX is based at Sydney, Australia.
  • CurrencyFair vs OFX Employee Count: CurrencyFair employs 99 individuals, where as OFX has a team of 250.
  • CurrencyFair vs OFX Estimated Annual Turnover: CurrencyFair turnover stands at 64,000,000 USD, while OFX boasts a turnover of 8,000,000.
  • CurrencyFair vs OFX Founder: CurrencyFair was founded by Paul Byrne, holding the position of CEO & President. On the other hand, OFX was the brainchild of Reuben Sorensen, currently holding the position of CEO & Co-Founder | OFX.
  • CurrencyFair vs OFX Supported Languages: CurrencyFair offers support in over 1 languages. OFX communicates in 1.

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Screenshots

CurrencyFair Screenshot

CurrencyFair Screenshot

OFX Screenshot

CurrencyFair Screenshot