EasyFX Money Transfer Review

This EasyFX review is intended to highlight the pros and cons of using the company for your money transfer needs. We focus on the important aspects like fees and exchange rates, the quality of the online trading platform, and the level of service provided.

📝 EasyFX is no longer offer international money transfer service. The firm was was previously advertising itself as a currency brokerage, now focus exclusively on travel credit cards for personal and business use. View VFX financial review which used to be EasyFX’s parent company (potentially still is).

We have kept this review live just for educational reasons, the information here may not be correct anymore. View foreign exchange payment  alternatives here.

LogoEasy FX logo
🏛️ Established2005
🌎 International ClientsAccepted Globally
💱 Currencies Offered50
💷 Minimum Transfer£100
📲 Trading viaOnline Platform, Telephone or Email
🏢 Offices InUK
⚖️ Regulation✓ Sister company of VFX – FCA Authorised
🤯 FeesNo Fees
Promotional CodeNone
👨‍👩‍👧‍👦 Client Reviews
240 reviews on TrustPilot
⭐ Client Rating8.8
👍 Advantages

No Fixed Fees Per Transfer

Award Winning Mobile App

👎 Disadvantages

No Media Coverage of the Firm, or its Sister Company

Not a huge sample of client reviews and a very average score

Small Firm, in Comparison to Industry Leaders

No Global Offices

Our Rating: Pending

Status: Not In MTC’s Most Recommended List

View Why This Review is Pending

View Recommended Alternatives:

EasyFX is not that easy for you? Discover EasyFX competitors below:

  • Supported Currencies: 120.
  • Clients From: Globally with offices in UK, USA, France, Spain, Ireland, Australia, HK, UAE, Brazil, Gibraltar and Romania.
  • Authorised? Yes, by the FCA.
  • Guidance / Dedicated Dealer: Yes.
  • Online System: Yes, including an app.
  • Strong Point: Credibility, Reputation, Liquidity, Level of Service, Best Credit Rating among Peers.
  • Operating Since 1979 and Maintaining Excellent Reputation Since. An Industry Leader.
  • Rating:
    4.6 /5 on Feefo
    Editorial (Corporate): 99.4%
Currencies Direct Logo
  • Supported Currencies: 59.
  • Clients From: Globally , with the exception of certain U.S states. Offices in UK, EU, USA, Canada, China, South Africa and India.
  • Authorised? Yes, by the FCA.
  • Guidance / Dedicated Dealer: Yes.
  • Online System: Yes, including an app.
  • Strong Point: Superb Service, Experienced Dealers, Batch payments, Forward contracts, Multi-Currency Wallets and Rate Alerts.
  • One of the leading currency brokerages turning over £7.5bn annually.
  • Rating:
    4.8 / 5 on TrustPilot
    Editorial: 97.8%
  • Supported Currencies: 121.
  • Clients From: Only accepts corporate clients & does not accept U.S businesses.
  • Authorised? Yes, by the FCA.
  • Guidance / Dedicated Dealer: Yes.
  • Online System: Yes, including an app.
  • Strong Point: Exchange Rate Margins of 0.25%-0.15% for Large Turnovers.
  • Trading more than $7bn each year.
  • Rating:
    9.8 /10 on Feefo
    Editorial: 91.4%

Read More:

Company Information and Credibility

Company size:  

EasyFX is an offshoot of VFX Financial. VFX owns several other companies in the remittances area, established in 2006, and its a self-proclaimed “leader in international payments” (but based on our research of the firm there is little known about it).

EasyFX also operates from a single London office to our best understanding. It was founded in 2011 to simplify the currency exchange process even more than industry competitors already had, and branded as the electronic payment platform of VFX.

The firm also has its own branded MasterCard for multiple currencies named “One Card”.

Regulated By: 

FCA (UK) – Through its parent company VoltexFX


It does not establish trust when the company you’re contemplating on using, for a  sensitive purpose such as high-volume international money transfers, has little to no presence online, and its website is not comprehensive. Similar issue to its parent company VoltrexFX.

Client Feedback


Up until our 2019 review update of EasyFX money transfer, we were not able to find online reviews attesting for the quality of the firm, although it has been in operation since 2005. In 2019 we have finally discovered an amount of 240 reviews on TrustPilot by clients. The number by itself is still a drop in the ocean if you compare it to the volume of reviews that leading companies in this industry are getting, for example: Moneycorp, Currencies Direct, TorFX and World First all have a minimum of 2,000 reviews, while Transferwise boasts more than 20,000 – although it is operating for 7 years less than EasyFX.


-Customers appear to praise the customer service

-Find the prepaid currency card a very useful product

-A simple and easy to use service


-Not the best rates

-International currency card not working properly


Here at MoneyTransferComparison, client reviews are the bread and butter of an editorial review. The industry itself is quite competitive and companies do not tend to reveal their exchange rates and other proprietary information about how they operate. We rely on client reviews to see what clients really think about a certain company, and with a small amount of reviews we unable to provide a good analysis. 


Exchange Rate & Fees

Fees: No fees (previously, £3 for transfers under 3,000).

Exchange Rates: Rates are not visible on the website, and there are no client testimonials online to verify whether the exchange rates are any good, so… we don’t know.

Limits: Min £100 per transfer.


Big unknown.

Global Reach & Service


  • Dedicated Dealer: Yes.
  • Offices: UK.
  • Ways to approach: Email, Callbank form, Telephone and Online Platform.
  • Translations: No.
  • Accepts clients: Unknown.
  • Currencies Handled: 50.
  • Client reviews: None we could find.


EasyFX is a small brand, at least based on the very limited information supplied on its website and on VoltrexFX’ website. The firm seems to be operating from a single office in the UK, and there is absolutely no information about whether international clients are accepted.

Additional Functionalities

For Businesses: EasyFX offers a wide variety of hedging options. Some of those are: Spot Contracts, Same Day/Next Day Orders, Forward Contracts, Limits, Stops, Time Options, and Value Date Swaps.

App: Great iPhone app with positive reviews and strong functionality (watch rates but also transact on the go).

Platform: EasyFX’s online money transfer system is its pride and joy, and the unique selling point highlighted across its website. Particularly for its International Currency Card which appears to be its primary focus now above bank to bank transfers. There are some nice screenshots describing the exact functionality of the online system, which seems to be on  par with other online systems by larger operators.


Good offering for both businesses and individuals.

📝 EasyFX is no longer offering an international money transfer of corporate foreign exchange service. This review was kept for educational purposes only.


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7 years ago

Poor functionality compared to world’s first imho

5 years ago

g fine

Toni James-Moore
5 years ago

Very disappointed with this currency card. As a young traveller I do not expect my card to stop working twice within 2 months when abroad as it is putting myself in a very stressful and unneeded situation. When going to an ATM wanting to withdraw money it says I have ‘insufficient funds’ where as when I look on my online banking it says otherwise. The help and contact that I have received in order to resolve this is nil, and it does not help that their offices are not open over the weekend. I advise anyone who wants to use… Read more »

5 years ago

My experience is not positive unfortunately. As the other users say, when you have money in the account , it wont allow me withdraw money stating insufficient funds. Totally negates the purpose of the card.

5 years ago

I have used this card for one week only, in Tenerife. I was somewhat nervous about it, but the first cash withdrawal worked fine, without any charges. On the next occasion that I tried to use it, paying for a meal, it was declined twice. Feeling somewhat aggrieved, I paid cash and resigned myself to having to make a complaint. However, when I returned to the apartment, I found that there were two messages from EasyFX Customer Service, telling me that they had a problem with their server for a few miniutes earlier that day, that my failed transaction had… Read more »

4 years ago

I have had it for a while now, and never had any problems. Would be nicer if didn’t have to load a minimum but with no fees i am not so bothered about this.

4 years ago

I can send Pounds to the card. can I send Euros?

4 years ago

This company has taken money from my bank account.Thankfully my bank moniter all my transactions so VFX easy FX were unlucky be aware of them.

Peter Thomas
2 years ago

We have been using the Easyfx card for around 3 years now, in Europe, India Australia and NZ and on the whole it is a positive experience. The rates are not the absolute best, but the charge free use of ATMs (But not all I hasten to add) helps compensate. The lack of charges to put money on your card from a bank or debit card, having experienced the eyewatering charges that my bank made for me driving across France on the toll roads, it’s a good deal. Not all ATMs are free indeed in Crete Chania bank has recently… Read more »

Ukeje Amanfu
2 years ago

Popularity does not matter to me if i get the service i want.