HiFX Vs Money Corp
When were they established?
At the time of writing, HiFX has been in existence for some 19 years, established in 1998 with a desire to offer bank-beating rates on money transfers on all types of foreign currency.
Money Corp has been in operation for over 35 years and is now regarded as one of the UK’s most established foreign exchange and money transfer brands, processing millions of transactions to its customers located in more than 150 countries.
HiFX clients can take full advantage of up to 60 different currencies available for transfer at rates significantly better than those given by high street banks.
Money Corp customers can choose from an impressive spread of 90 available currencies for exchange and worldwide transfer.
– £50 (UK)
– £50 (UK)
– $50 (US)
– €50 (EU)
Can you convert and send funds online, by phone or email?
With its very own online trading platform, HiFX customers can log in to their dedicated accounts and place currency orders at the touch of a button. Alternatively, clients can call the HiFX team to complete their transactions over the phone.
The Money Corp online trading software is very intuitive and makes it easy to place orders at the touch of a button. Meanwhile its customer support team are on hand to take currency orders or money transfers via telephone.
Where do they have offices?
• New Zealand
Following more than 35 years of global currency exchange, Money Corp now has headquarters across Europe and beyond:
• Spain (x2)
Who are they regulated by?
The Financial Conduct Authority (FCA) regulates all HiFX operations in the UK. Meanwhile, the Financial Ombudsman Service (FOS) and the Financial Markets Authority (FMA) regulate HiFX in Australia and New Zealand respectively.
• HM Revenue and Customs (HMRC) – UK operations
• Financial Conduct Authority (FCA) – UK operations
• Full Banking License – Gibraltar operations
What are their fees?
Only money transfers below £3,000 will incur a transfer fee of £9 per transaction.
• 2-4 day money transfers – £5
• 0-2 day ‘express’ money transfers – £9
Positive or negative online reviews
Thanks to a healthy following of more than 11,000 TrustPilot reviews, HiFX boasts an ‘Excellent’ TrustPilot score of 9.3/10.
Despite its now global operations, Money Corp has successfully maintained exceptional levels of customer service, recording an ‘Excellent’ 97% on its Feefo page featuring 5,000 individual customer reviews.
Have they won any awards?
– 2011, Tech Innovation Awards NZ
– 2011, Australia Business Awards
– 2015/16, Top 3 Overall Rating (Money Transfer Comparison)
– 2015, Travel Money Provider of the Year (Consumer MoneyFacts)
– 2011, Best Financial Services Provider (OPP Awards)
Alternative Currency Brokers and Money Transfer Firms
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|Currencies Direct have helped more than 325,000 customers move money internationally since they were founded in 1996. With them customers can transfer 40+ currencies to 120+ countries. They have more than 20 global offices and employ over 500 currency experts.||24/7 transfers online, over the phone and by app No transfer fees Personal currency expert Spot and forward contracts, limit orders and rate alerts Specialist business transfer services and risk management solutions|| Get A Quote|
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