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

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

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

Placid vs TorFX: Quick Feature Comparison

  1. Visit Placid alternative Placid Visit Placid

    Used By: 500000
    Currencies Available: 10
    Transfer Fees: none
    Payment Methods: debit ard, credit card, placid express
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: none
    Max Transfer: 2900 USD/day, 7000 USD/month, 20000 USD/3 months
    Year Founded: 1895

  2. Visit Placid 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

Placid vs TorFX: Pros and Cons

Placid vs TorFX
Advantages

Placid Advantages TorFX Advantages
  • Placid has been serving clients for over 129 years
  • Placid is available internationally.
  • Placid has multiple currency options.
  • Placid provides phone customer support.
  • Placid provides email customer support.
  • Placid is available to iOS Apple device users.
  • Placid 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.

Placid vs TorFX
Disadvantages

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

Placid vs TorFX Fees and Other Costs

Fee type Placid Fees TorFX Fees
Transfer Fees none 1.91%-2.71%
Min Transfer none 200 USD
Max Transfer 2900 USD/day, 7000 USD/month, 20000 USD/3 months none
Payment Methods debit ard, credit card, placid express chaps, swift, bacs, debit card, cheque
Currencies BDT, INR, IDR, NPR, PKR, LKR, PHP, VND, EUR, FIM 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

Placid vs TorFX Restricted Countries

Placid 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

Placid vs TorFX Transfer Speeds

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

Placid vs TorFX Languages

Placid Supported Languages

TorFX Supported Languages

Placid vs TorFX Verdict - Which is better?

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

  • Placid vs TorFX Transfer Fees: Transferring money with Placid costs none while TorFX charges 1.91%-2.71%.
  • Placid vs TorFX Supported Currencies: Placid deals in over 1, where as TorFX offers transactions in 1.
  • Placid vs TorFX Payment Methods: Placid accepts debit ard, credit card, placid express, while TorFX allows transactions via chaps, swift, bacs, debit card, cheque.
  • Placid vs TorFX Transfer Limits: Placid allows transfers between none and 2900 USD/day, 7000 USD/month, 20000 USD/3 months. TorFX's range is 200 USD to none.
  • Placid vs TorFX Minimum Age for Account Creation: Placid requires users to be at least 18 years old, where as TorFX has a minimum age requirement of 18.
  • Contact Number: You can reach Placid at 1-718-392-3500 and TorFX at 44 (0) 1736 335 250 .
  • Placid vs TorFX Countries of Operation: Placid operates in over 1 countries but has restrictions in over 1 countries. TorFX serves 1 countries and restricts operations in 1 countries.
  • Placid vs TorFX Client Base: Placid is used by 500,000, where as TorFX serves 325.
  • Placid vs TorFX Year Founded: Placid was established in 1895 and TorFX began its operations in 2004.
  • Placid vs TorFX Customer Rating: Placid holds a rating of 3, in contrast, TorFX has a rating of 3.
  • Placid vs TorFX Headquarters: Placid has its headquarters at New York, US, while TorFX is based at Cornwall, UK.
  • Placid vs TorFX Employee Count: Placid employs 250 individuals, where as TorFX has a team of 100.
  • Placid vs TorFX Estimated Annual Turnover: Placid turnover stands at 20,000,000 USD, while TorFX boasts a turnover of 20,000,000,000 USD.
  • Placid vs TorFX Founder: Placid was founded by Marcy Miller,, holding the position of CEO. On the other hand, TorFX was the brainchild of Jon Beddell, currently holding the position of CEO.
  • Placid vs TorFX Supported Languages: Placid offers support in over 1 languages. TorFX communicates in 1.

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Placid vs TorFX Alternatives Guides

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Screenshots

Placid Screenshot

Placid Screenshot

TorFX Screenshot

Placid Screenshot