Compare World First to Alternative Currency Brokers
World First are one of the oldest and largest money transfer firms in the UK.
As a currency broker they offer 121 different currencies, have offices in the UK, Europe, America, Hong King and Singapore. They also do not charge any fees for transfers above £1,000 (which is their minimum). On many currency broker comparison sites they also rank at the top or near the top when it comes to customer service as well.
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|Currency broker OFX have transferred over £78b in currency conversions for 1 million customers around the global. They have a network of 115 global banking patterns, offer over 55 currency pairs, are regulated by over 55 global regulators and offer 24/7 customer service.||OFX offer personal and business currency brokerage with zero commission. They offer same-day payments and forwards online or over the phone with 80% of all major currency transfers processed in 24 hours.||Read Sarah Webb Interview|| Get A Quote|
|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|
|TorFX have been connecting their customers with great exchange rates and no transfer fees since 2004. They’ve won the Moneyfacts Consumer Award for International Money Transfer Provider of the Year five times (2016 – 2020) and have also won the Best Customer Service award four times (2016, 2017, 2019 and 2020). They have a five-star ‘Excellent’ TrustScore on Trustpilot.||Dedicated account management The ability to transfer over the phone, online or by app Great exchange rates and hidden fees Tailored transfer services Free market updates|| Get A Quote |
|Linear Int Payments|| Linear International Payments is a currency broker that cater primarily to large currency transfers and conversions. Personal service and expert advice.|| Online :|
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|Ram FX specialise in personal service for corporates, funds, family offices and high net-worth currency brokerage for individuals.|| Online :|
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|Assure Hedge specialise in online OTC FX Options for hedging|| Online :|
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World First was founded in 2004 by Jonathan Quin and Nick Robinson and has gone on to win numerous awards such as, Queen’s Award for Enterprise in 2016, Customer Experience Awards in 2013, UK National Business Award in 2011 and the Sunday Times Virgin Fast Track 100 in 2011.
World First offer a few different ways to transfer money and are one of the only money transfer companies to offer options. If you are not familiar with currency options they are a way to hedge your currency exposure by having the option to buy a certain amount of currency at a certain point. You pay a little premium for this but are not obliged to to so if you change your mind. Currency options are a fairly sophisticated way of hedging. For most private and commercial transactions a simple currency forward should be enough.
There a few minor bad points to World First such as it’s size for example – sometimes a personal relationship with a small firm is better as larger currency brokers can feel a bit like call centres at times.
However, during this World First review the good points highlighted are clearly the simple sign up process, a very experienced team from the top down as well as glowing reviews on sites like feefo and trust pilot.
World First as a big currency broker that is regulated – you will probably have seen their Mr Men adverts at stations and some rather amusing animals on facebook.