XE vs Xoom Comparison

XE and Xoom are two prominent players in the international money transfer market, offering competitive rates and services to individuals and businesses worldwide.

XE, established in 1993 in Canada, has grown into a trusted name for currency exchange and global payments, handling over $10 billion annually.

Xoom, a PayPal service founded in 2001 and based in San Francisco, specializes in fast and secure remittances, bill payments, and mobile reloads across 131 countries.

Both companies aim to provide efficient, low-cost alternatives to traditional bank transfers, catering to a wide range of financial needs and preferences.


Company NameXEXoom
XE logo new
xoom logo
XE ReviewXoom Review
Customer rating4.3/54.0/5
# Rating Customers65,000+ on Trustpilot22,000+ on Trustpilot
Top 3 Pros
  • Great customer reviews
  • No fee for transfers over Β£1,000
  • Wide range of currencies
  • Fast transfers
  • Mobile reloads and bill pay
  • PayPal integration
Top 3 Cons
  • Β£1.99 fee for transfers under Β£1,000
  • No dedicated dealer for low volume traders
  • No virtual bank accounts
  • High fees for certain services
  • Not suitable for high-value transfers
  • Limited availability for senders


Company NameXEXoom
XE logo new
Office locationsUK, Spain, Canada, Australia, New ZealandUSA, Guatemala
# Currencies98+79


Company NameXEXoom
XE logo new
Regulated byFCA, FinCEN, ASIC, and othersFinCEN, FCA, FINTRAC
HTTPS SecuredYesYes
Segregated Customer AccountsYesInformation not provided
2FANot mentionedNot mentioned

Limits and Fees

Company NameXEXoom
XE logo new
Min transferNo minimumNo minimum
Max transferGBP 350,000 online, higher over the phone$2,999 to $50,000 depending on customer level
Fixed feesNo fee for large transfers, Β£1.99 under Β£1,000Varies by country and method
See rates before you log in?YesYes

Customer Support

Company NameXEXoom
XE logo new
Dedicated DealerYes (for high-value transfers)No
Live ChatNot mentionedNot mentioned
24/7Not mentionedYes

Ways to Transfer

Company NameXEXoom
XE logo new
Online SystemYesYes
Online AppYesYes
Multi-Currency AccountNoNo
Cash PickupYesYes
Card Top-UpNoYes

Additional Functions

Company NameXEXoom
XE logo new
Mass paymentsYesNo
Cash chequesNoNo
Multi-Currency Debit CardNoNo


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

  • A wider range of currencies available for transfer.
  • No fees for large transfers.
  • The availability of hedging options for managing currency risk.

XE is better for larger international money transfers and for individuals or businesses looking to manage currency risk through hedging options.

Xoom is better for fast transfers, including mobile reloads and bill payments, especially for users who value the integration with PayPal for ease of use.