MoneyGram vs TorFX - Who is better? [UPDATED 2024]

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

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

MoneyGram vs TorFX: Quick Feature Comparison

  1. Visit MoneyGram alternative MoneyGram Visit MoneyGram

    Used By: 150000000
    Currencies Available: 46
    Transfer Fees: 1.99$
    Payment Methods: Bank transfer, debit/credit card, cash
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: $1.00
    Max Transfer: $10,000.00 (varies)
    Year Founded: 1940

  2. Visit MoneyGram 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

MoneyGram vs TorFX: Pros and Cons

MoneyGram vs TorFX
Advantages

MoneyGram Advantages TorFX Advantages
  • MoneyGram has been serving clients for over 84 years
  • MoneyGram is available internationally.
  • MoneyGram has multiple currency options.
  • MoneyGram provides phone customer support.
  • MoneyGram provides email customer support.
  • MoneyGram is available to iOS Apple device users.
  • MoneyGram 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.

MoneyGram vs TorFX
Disadvantages

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

MoneyGram vs TorFX Fees and Other Costs

Fee type MoneyGram Fees TorFX Fees
Transfer Fees 1.99$ 1.91%-2.71%
Min Transfer $1.00 200 USD
Max Transfer $10,000.00 (varies) none
Payment Methods Bank transfer, debit/credit card, cash chaps, swift, bacs, debit card, cheque
Currencies AED, AUD, BND, CAD, CHF, CZK, DKK, EUR, FJD, HKD, HUF, IDR, ILS, INR, IRR, JPY, KRW, KWD, LKR, MAD, MXN, MYR, NGN, NZD, OMR, PEN, PGK, PHP, PKR, PLN, SAR, SCR, SDG, SEK, SGD, THB, TOP, TRY, TWD, USD, VND, VUV, WST, XOF, XPF, ZAR 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

MoneyGram vs TorFX Restricted Countries

MoneyGram Country Restrictions

North Korea

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

MoneyGram vs TorFX Transfer Speeds

Transfer Speed MoneyGram TorFX
Account Opening 1-3 days 1-3 days
Money Transfer Speed 1-10 days 1-10 days

MoneyGram vs TorFX Languages

MoneyGram Supported Languages

English, Spanish, French, Danish, German, Arabic, Czech, Hungarian, Indonesian, Italian, Japanese, Korean, Malaysian, Norwegian, Polish, Portuguese, Romanian, Russian, Thai, Turkish, Ukrainian, Chinese

TorFX Supported Languages

MoneyGram vs TorFX Verdict - Which is better?

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

  • MoneyGram vs TorFX Transfer Fees: Transferring money with MoneyGram costs 1.99$ while TorFX charges 1.91%-2.71%.
  • MoneyGram vs TorFX Supported Currencies: MoneyGram deals in over 1, where as TorFX offers transactions in 1.
  • MoneyGram vs TorFX Payment Methods: MoneyGram accepts Bank transfer, debit/credit card, cash, while TorFX allows transactions via chaps, swift, bacs, debit card, cheque.
  • MoneyGram vs TorFX Transfer Limits: MoneyGram allows transfers between $1.00 and $10,000.00 (varies). TorFX's range is 200 USD to none.
  • MoneyGram vs TorFX Minimum Age for Account Creation: MoneyGram requires users to be at least 18 years old, where as TorFX has a minimum age requirement of 18.
  • Contact Number: You can reach MoneyGram at 448457223344 and TorFX at 44 (0) 1736 335 250 .
  • MoneyGram vs TorFX Countries of Operation: MoneyGram operates in over 1 countries but has restrictions in over 1 countries. TorFX serves 1 countries and restricts operations in 1 countries.
  • MoneyGram vs TorFX Client Base: MoneyGram is used by 150,000,000, where as TorFX serves 325.
  • MoneyGram vs TorFX Year Founded: MoneyGram was established in 1940 and TorFX began its operations in 2004.
  • MoneyGram vs TorFX Customer Rating: MoneyGram holds a rating of 3, in contrast, TorFX has a rating of 3.
  • MoneyGram vs TorFX Headquarters: MoneyGram has its headquarters at Dallas, US, while TorFX is based at Cornwall, UK.
  • MoneyGram vs TorFX Employee Count: MoneyGram employs 2,300 individuals, where as TorFX has a team of 100.
  • MoneyGram vs TorFX Estimated Annual Turnover: MoneyGram turnover stands at 900,000,000 USD, while TorFX boasts a turnover of 20,000,000,000 USD.
  • MoneyGram vs TorFX Founder: MoneyGram was founded by Alex Holmes, holding the position of Chairman & CEO. On the other hand, TorFX was the brainchild of Jon Beddell, currently holding the position of CEO.
  • MoneyGram vs TorFX Supported Languages: MoneyGram offers support in over 1 languages. TorFX communicates in 1.

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MoneyGram vs TorFX Alternatives Guides

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Screenshots

MoneyGram Screenshot

MoneyGram Screenshot

TorFX Screenshot

MoneyGram Screenshot