Currencyfair vs TransferGo Comparison

CurrencyFair, established in 2009, has carved a niche for itself with its innovative peer-to-peer exchange platform, allowing users to achieve competitive exchange rates. It boasts a wide global reach and a transparent pricing model, making it a favorite among those looking for cost-effective transfer options.

On the other hand, TransferGo, founded in 2012, has quickly risen to prominence by offering fast, reliable, and low-cost money transfer services. With a strong focus on customer satisfaction, TransferGo has earned a high approval rating, particularly for its same-day transfer capabilities.

Both companies have garnered good customer reviews and offer distinct advantages, making them reliable options for international money transfers.


Company NameCurrencyFairTransferGo
Logotransfergo new logo
CurrencyFair ReviewTransferGo Review
Customer rating4.5 / 54.8 / 5
# Rating Customers6,000+22,500+
Top 3 Pros
  • 0.4% to 0.6% Overall Markup
  • Transparent Pricing
  • First 5 Transfers Free
  • 96% client approval rating
  • Same-day transfers
  • Low fixed fees
Top 3 Cons
  • Not as Known
  • No Dedicated Dealers
  • Only 22 Currencies Available
  • Can only send from 8 currencies
  • Free transfers slow
  • Margins not as tight as competitors


Company NameCurrencyFairTransferGo
Logotransfergo new logo
Office locationsUK, EU, USA, HK, UAEUK, Lithuania, Germany, Poland, Turkey
# Currencies2260+


Company NameCurrencyFairTransferGo
Logotransfergo new logo
Regulated byCentral Bank of Ireland, ASICFinancial Conduct Authority, Bank of Lithuania
HTTPS SecuredYesYes
Segregated Customer AccountsYesYes

Limits and Fees

Company NameCurrencyFairTransferGo
Logotransfergo new logo
Min transferΒ£/€/$ 8No minimum
Max transferNo limitNo limit
Fixed fees€3 fixed fee per transactionΒ£0 – Β£2.99 depending on speed
See rates before you log in?YesYes

Customer Support

Company NameCurrencyFairTransferGo
Logotransfergo new logo
Dedicated DealerNoNo
Live ChatNoNo

Ways to Transfer

Company NameCurrencyFairTransferGo
Logotransfergo new logo
Online SystemYesYes
Online AppYesYes
Multi-Currency AccountYesNo
Cash PickupNoNo
Card Top-UpNoNo

Additional Functions

Company NameCurrencyFairTransferGo
Logotransfergo new logo
Mass paymentsNoYes
Cash chequesNoNo
Multi-Currency Debit CardNoNo


On MoneyTransferComparison, CurrencyFair has received a higher editorial score. The advantages of CurrencyFair over TransferGo are these:

  • CurrencyFair offers a unique peer-to-peer exchange platform that can potentially offer better exchange rates.
  • It has a broader global reach with services available in more countries.
  • It provides the opportunity for first 5 transfers for free which is a great incentive for new users.

CurrencyFair is better for users looking for potentially lower costs on currency exchanges through its peer-to-peer platform, and for those making large transfers who might benefit from its transparent pricing structure.

TransferGo is better for users needing fast, same-day transfers and for those who prioritize ease of use and convenience, particularly within Europe.