CurrencyFair vs WorldFirst

Is WorldFirst better than CurrencyFair?

Although both WorldFirst and CurrencyFair are well-proven, regulated and effective money transfer companies, with bank-beating rates and fees, and much quicker delivery, than banks. However, there are some distinctive differences between the two. First and foremost, CurrencyFair is the only solution of the two available for the USA residents. On top of that, the unique peer-to-peer system allowing the lowest exchange rates possible, and a nominal minimum limit make CurrencyFair a better choice between the two.

Established
Established
2009
2004
TrustPilot Rating
TrustPilot Rating
Office Locations
Office Locations
Ireland, Australia, UK
UK, NL, Australia, Hong Kong, Singapore, Japan
Regulation
ASIC (Australia)
ASIC (Australia)
FCA (UK)
FCA (UK)
CBI (Ireland)
CBI (Ireland)
Other
Other
AFS
FinCen
Safety
Two-factor payment authentication
Two-factor payment authentication
Information stored in a secure data center
Information stored in a secure data center
Biometric systems
Biometric systems
Segregated customer accounts
Segregated customer accounts
256-bit website encryption via SSL from VeriSign
256-bit website encryption via SSL from VeriSign
Fees & Charges
Transaction Fee
Transaction Fee
Fixed €3 fee
No Fees for personal transfers. £0 to £15 per transaction for business transfers
Exchange Rate
Exchange Rate
Mid-market
Mid-market
Other Fees
Other Fees
Minimum Transfer Amount
Minimum Transfer Amount
€/£/$8
£1,000
Sending & Receiving Options
Scheduled & Recurring Payments
Scheduled & Recurring Payments
Delivery Speed
Delivery Speed
0 - 2 Days
0 - 3 Days
Countries
Countries
160
100+
Currencies
Currencies
20+
60+
Customer Support
Phone Assistance
Phone Assistance
Email
Email
Live Chat
Live Chat
24/7, 7 days/week
24/7, 7 days/week
Fits Large Transfers (Mostly $10K+)
Overseas Property Buyers
Overseas Property Buyers
Foreign Retirement
Foreign Retirement
Business
Business
Transfer Limit
Transfer Limit
No limit
No limit
Business Transfers Features
Bulk/Mass Payments
Bulk/Mass Payments
FX hedging
FX hedging
Risk Management
Risk Management
Transfer Methods
Bank transfer
Bank transfer
Credit/Debit Card
Credit/Debit Card
Cash
Cash
Cheque
Cheque
Onboarding Simplicity
Onboarding time
Onboarding time
Within minutes
Within minutes
eKYC
eKYC
Ease of use
Ease of use
Easy
Easy
Currency Exchange Features
Real-time Marketplace for User-Defined FX Rates (bids)
Real-time Marketplace for User-Defined FX Rates (bids)
Limit Orders
Limit Orders
Forward contracts
Forward contracts
Saving Features
Free multi-currency wallet
Free multi-currency wallet
Choose your own rate
Choose your own rate
Rate alerts
Rate alerts
Unique Features
Peer-To-Peer Direct Transfers
Peer-To-Peer Direct Transfers
“Express Transfers” within 1 day
“Express Transfers” within 1 day
First 3 Transactions Fee Free coupon
First 3 Transactions Fee Free coupon
Zero Fees on Transfers
Zero Fees on Transfers
On first 10 transfers
Mobile Transfers
Full Featured App
Full Featured App
Mobile Adaptive Website
Mobile Adaptive Website
App UX
App UX