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Good Money Guide
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Currency brokers can save you money when converting and transferring large amounts of money abroad for property purchases or business. They offer better exchange rates than banks and advice on when to convert currency.
Here, Good Money Guide brings you the best currency brokers in America for large international currency transfers ranked by customer and expert reviews.
Compare The Best USD Currency Brokers
| Currency Broker | Number of Currencies | Min Transfer | Forward Contracts | Same Day | Currency Options | GMG Rating | Get Quote |
|---|---|---|---|---|---|---|---|
 | 40 | £100 | 12 months | ✔️ | ❌ | Request Quote | |
 | 40 | £100 | 24 months | ✔️ | ❌ | Request Quote | |
 | 55+ | £250 | 12 months | ✔️ | ❌ | Request Quote | |
 | 30+ | £3,000 | 24 months | ✔️ | ✔️ | Request Quote |
Our Picks Of The Best Currency Brokers In America
❓ Methodology: We have chosen what we think are the best currency brokers based on:
- 20 years in the currency brokerage industry
- Interviews with the currency broker CEOs and senior management
- Over 20,000 customer reviews and votes in our annual awards
- Analysis and testing of the platforms and pricing
You can use our guide to compare how many currencies they offer, the minimum and maximum transfer, what type of transfers they offer and more.
Find out more about how we review financial providers in our How We Rate page.
OFX: Excellent For High Value Transfers & High Touch Service
- Currencies: 55+
- Minimum transfer: 250 USD
- Forward contract: 12 months
- Annual transfers: 2.4bn USD
- Number of customers: 1,000,000
OFX Review
Name: OFX
Description: OFX is a leading currency broker offering currency services to more than 170 countries around the world. Originally known as OzForex, it was launched by Matthew Gilmour in 1998 as an information only website. Since then, it has grown rapidly handling more than AUD$2000bn transfers for more than a million individual and business customers worldwide.
Is OFX a good currency broker?
Yes, we rate OFX as a very good currency broker as they offer discounted exchange rates, personal service for individual buying a property abroad of for businesses needing more complex services like integrated Amazon payments or currency hedging strategies.
Pros
- Bank beating exchange rates
- Personal service and good tech
- Currency hedging solutions
Cons
- Better for larger transfers
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Exchange Rates
(4.5)
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Available Currencies
(4.5)
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Online Platform
(4.5)
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Customer Service
(5)
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Research & Analysis
(4)
Overall
4.5What next?
Currencies Direct: Best All-Round Currency Broker
- Currencies: 40+
- Minimum transfer: 100 USD
- Forward contract: 12 months
- Annual transfers: 7.5bn USD
- Number of customers: 325,000
In our 2023 awards Currencies, Direct won “best currency broker”. They scored very highly in our customer survey, with very high scores in customer satisfaction and pricing. Currencies Direct is also a well-established provider founded in 1996 and has 22 offices around the world.
Currencies Direct Review
Name: Currencies Direct
Description: Currencies Direct is a specialist award-winning currency broker that can help you send large amounts of money abroad. They were founded in 1996 and are now part of a group that processes around £10bn in international money transfers per year.
Are Currencies Direct a good currency broker?
Yes, Currencies Direct offer a good service for large international money transfers. They are a well-established and competitive currency broker for buying a property abroad or for international business payments at bank-beating exchange rates.
Pros
- Great for large currency transfers
- Get a dedicated account executive to help with transfers
- You can send money over the phone or do transfers online
Cons
- Better for large transfers
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Pricing
(4.5)
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Market Access
(4.5)
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Online Platform
(3)
-
Customer Service
(4.5)
-
Research & Analysis
(4)
Overall
4.1What next?
Corpay: Great For Business & Complex Transfers
- Currencies: 30+
- Minimum transfer: 3,000 USD
- Forward contract: 24 months
- Annual transfers: 6bn USD
- Number of customers: 30,000
Corpay Currency Transfer Review
Name: Corpay
Description: Corpay is a currency broker that manages money transfers and currency exchange for corporate and business clients. Founded in 2001 in Canada, they have grown steadily and now handle more than £5bn in transactions each year. The platform covers all major currencies plus a host of ‘exotics’ and has an impressive 97% satisfaction rating on Trust Pilot.
Summary
Corpay is one of the few currency brokers that also offers currency options. Whilst they do provide excellent exchange rates for currency transfers, this also means they can help with personal and business currency exposure hedging.
Pros
- Excellent exchange rates
- Currency hedging facilities
- Personal service
Cons
- Suitable for large clients only
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Exchange Rates
(4.5)
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Available Currencies
(4.5)
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Online Platform
(4.5)
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Customer Service
(5)
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Research & Analysis
(3.5)
Overall
4.4What next?
TorFX: Good For Large International Transfers & Forwards
- Currencies: 40+
- Minimum transfer: 100 USD
- Forward contract: 24 months
- Annual transfers: 7.5bn USD
- Number of customers: 325,000
TorFX Review
Name: TorFX
Description: TorFX is a currency specialist and currency broker founded in 2004 offering foreign exchange conversion services in 40 currencies. TorFX converts and transfers around £7.5 billion a year and is based in Cornwall, UK.
Summary
A good choice if you are buying a property abroad and want bank beating exchange rates and personal service to help with the tansfer.
Pros
- Personal service
- Bank beating exchange rates
- Currency forwards
Cons
- Not great for small transfers
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Pricing
(4)
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Market Access
(4.5)
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Online Platform
(4)
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Customer Service
(4.5)
-
Research & Analysis
(3.5)
Overall
4.1What next?