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Currencies Direct

Currencies Direct review

4.9Est. 1996
By Awais Imran · Reviewed by Awais ImranData updated every 6 hoursOur methodology

Currencies Direct is a UK-based FX specialist offering competitive exchange rates for large international transfers, with no transfer fees and dedicated account managers.

Countries

200+

Currencies

40+

Speed

1-2 business days

Fees

No transfer fees

Currencies Direct overview

Founded in 1996 and based in London, UK, Currencies Direct is a specialist currency broker. Currencies Direct's regulators: FCA, CNMV, BdP. Trustpilot: 4.9/5 across roughly 19,886 reviews, which we rate excellent.

Across the 16 corridors we track for Currencies Direct, its median rate sits 1.42% from mid-market — compare that with the 0.3% - 0.7% above mid-market it publishes.

Pros

  • No transfer fees
  • Competitive rates for large transfers
  • Dedicated account managers
  • Forward contracts and limit orders

Cons

  • Not ideal for small transfers
  • No cash pickup
  • Bank transfer funding only

Currencies Direct features

Forward contracts
Limit orders
Business accounts
Regular payment plans

Currencies Direct transfer details

HeadquartersLondon, UK
RegulatedYes
RegulatorsFCA, CNMV, BdP
Min Transfer$100
Max TransferNo limit
Payment MethodsBank Transfer
Delivery MethodsBank Deposit
Exchange Rate Markup0.3% - 0.7% above mid-market

Published by Currencies Direct. Not measured by us; Currencies Direct’s limits and methods vary by country.

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