Currencies Direct vs Moneycorp Comparison

Established in 1996, Currencies Direct has carved a niche for itself with its customer-centric approach, offering a wide range of currency exchange and transfer services to both individuals and businesses. With no fixed transfer fees and a global presence, it has facilitated transactions for over 425,000 customers worldwide.

On the other hand, Moneycorp, with its inception in 1979, brings decades of experience to the table. It has grown to become a significant player in the foreign exchange market, handling Β£73bn in trades in 2022 alone. Moneycorp’s sophisticated payment solutions cater to a broad spectrum of clients, from private individuals to large corporations, emphasizing its commitment to providing transparent and efficient services.

Both companies offer a secure, reliable, and cost-effective way to manage international money transfers, each with its unique strengths and services.


Company NameCurrencies DirectMoneycorp
Currencies Direct ReviewMoneycorp Review
Customer rating4.9/5 (TrustPilot)4.4/5 (TrustPilot)
# Rating Customers9,500+6,300+
Top 3 Pros
  • No fixed transfer fees
  • Extensive reach with 22 offices worldwide
  • Professional and courteous staff
  • Sophisticated payment solutions
  • Attentive to client complaints
  • Very transparent
Top 3 Cons
  • Not suitable for remittances to Asia and South America
  • Online platform less intuitive than competitors
  • Online app functional but not a work of art
  • Negative reviews for mobile app
  • “Oldschool” compared to fintech alternatives
  • Fees on transactions


Company NameCurrencies DirectMoneycorp
Office locations22 offices worldwideOffices in UK, USA, France, Spain, Ireland, and Brazil
# Currencies60+120+


Company NameCurrencies DirectMoneycorp
Regulated byFCA, FinCEN, and othersFCA, FinCEN, and others
HTTPS SecuredYesYes
Segregated Customer AccountsYesYes

Limits and Fees

Company NameCurrencies DirectMoneycorp
Min transferΒ£100Β£50
Max transferNo upper limitΒ£100,000 (online), no limit over the phone
Fixed feesNo fixed feesYes (waived for our readers)
See rates before you log in?YesYes

Customer Support

Company NameCurrencies DirectMoneycorp
Dedicated DealerYesYes
Live ChatNoNo

Ways to Transfer

Company NameCurrencies DirectMoneycorp
Online SystemYesYes
Online AppYesYes
Multi-Currency AccountYesYes
Cash PickupNoNo
Card Top-UpNoYes (Explorer card)

Additional Functions

Company NameCurrencies DirectMoneycorp
Mass paymentsYesYes
Cash chequesNoNo
Multi-Currency Debit CardYes (We Swap)Yes (Explorer card)


On MoneyTransferComparison, Currencies Direct has received a higher editorial score. The advantages of Currencies Direct over Moneycorp are these:

  • No fixed transfer fees.
  • A more extensive reach with 22 offices worldwide.
  • Professional and courteous staff.

Currencies Direct is better for individuals and businesses looking for fee-free transactions and a wide global presence for personal and business transfers.

Moneycorp is better for those requiring sophisticated payment solutions, especially in the corporate sector, and values transparency and a long-established history in the currency exchange market.