CurrencyTransfer vs TorFX
When transferring money internationally, there are many currency exchange platforms you can choose from instead of going directly through the banks. Below, we’ve compared two popular currency exchange platforms: CurrencyTransfer and TorFX.
Use this page to easily compare the differences between these two platforms, or alternatively view all our currency exchange platform comparison tables. You can also contact us if you have any questions.
What does CurrencyTransfer do?
CurrencyTransfer is a global payment network that helps customers secure the best international transfers in terms of rates and service. CurrencyTransfer’s main focus is on guidance, access, and transparency, with more than 25 currencies supported.
What does TorFX do?
TorFX offers international payments for both personal and business accounts through their online platform (for trades under £25,000) or over the phone. With TorFX you can transfer money 24/7 through over 30 currencies.
In order to help you decide which is the most suitable for your needs, we have put together the comparison table below so you can see at-a-glance the differences between CurrencyTransfer and TorFX.
Which one is right for you?
One of the key differences between CurrencyTransfer and TorFX is the number of options you get. CurrencyTransfer allows for mass payments, options trades, and for you to request payments which TorFX does not. These can be key features in your foreign exchanges and are worth considering when choosing a platform. CurrencyTransfer also offers considerably more information on the industry compared to TorFX which can be useful for those keen to find the best rates and deals. For example, CurrencyTransfer releases daily vlogs, weekly currency graphs and even monthly currency reports, which all help its customers’ knowledge of market trends.
On the other hand, TorFX has a lower minimum transfer, allowing for minimum transfers of £100 compared to CurrencyTransfer’s £5,000.
CurrencyTransfer Key Features
CurrencyTransfer offers unrivalled services as a currency exchange platform, the key features offered are: