Moneycorp vs CurrencyFair Comparison

Moneycorp, established in 1979, has grown into a global presence, renowned for its comprehensive range of services tailored to both individual and business clients. With a robust infrastructure, Moneycorp offers a wide array of financial solutions, including hedging and forward contracts.

On the other hand, CurrencyFair, founded in 2009, distinguishes itself with competitive exchange rates and a unique peer-to-peer exchange platform. It caters primarily to individuals and small businesses, focusing on providing low-cost, efficient transfers.

This comparison aims to highlight their features, benefits, and suitability for different transfer needs.


Company NameMoneycorpCurrencyFair
Moneycorp ReviewCurrencyFair Review
Customer rating4.3/54.3/5
# Rating Customers6,3006,800
Top 3 Pros
  • Exceptional customer support
  • Wide global reach with offices in multiple countries
  • Comprehensive range of services for both individuals and businesses
  • Competitive exchange rates
  • Excellent customer service
  • Quick international transfers
Top 3 Cons
  • Charges for phone transfers
  • Limited to 35 currencies
  • “Oldschool” feel
  • Limited to 22 currencies
  • No dedicated dealers for individual clients
  • Poor user rating for the Android mobile app


Company NameMoneycorpCurrencyFair
Office locationsUK, Spain, USA, and othersIreland, Australia, Singapore, and others
# Currencies3522


Company NameMoneycorpCurrencyFair
Regulated byFCA, FinCEN, and othersCentral Bank of Ireland, ASIC, and others
HTTPS SecuredYesYes
Segregated Customer AccountsYesYes

Limits and Fees

Company NameMoneycorpCurrencyFair
Min transferΒ£50Β£7
Max transferNo limit€10,000,000
Fixed feesNo fee for online, Β£15 for phone transfersΒ£2.50 (UK), €3 (EU)
See rates before you log in?YesYes

Customer Support

Company NameMoneycorpCurrencyFair
Dedicated DealerYesOnly for business clients
Live ChatYesNo

Ways to Transfer

Company NameMoneycorpCurrencyFair
Online SystemYesYes
Online AppYesYes
Multi-Currency AccountYesYes
Cash PickupNoNo
Card Top-UpNoNo

Additional Functions

Company NameMoneycorpCurrencyFair
Mass paymentsYesNo
Cash chequesNoNo
Multi-Currency Debit CardNoNo


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

  • A wider global reach with offices in multiple countries.
  • A comprehensive range of services for both individuals and businesses.
  • The ability to handle unlimited transfer amounts over the phone.

Moneycorp is better for larger transactions and business needs due to its dedicated dealer support, extensive currency options, and advanced financial tools such as hedging and forward contracts.

CurrencyFair is better for individuals looking for competitive exchange rates, lower fees for smaller transfers, and a user-friendly platform for quick international transfers.