FairFX review

FairFX (now part of Equals Group) provides international payments and multi-currency cards for personal and business use from the UK. FairFX is a specialist currency broker, founded in 2007 and based in London, UK. It is regulated by FCA, holding client funds under the safeguarding rules those regulators require.

FairFX's fees are structured as from £0 for bank transfers, card fees apply, but the bigger cost is usually the exchange-rate markup of 0.5% - 1.5% above mid-market, which is built into the rate rather than shown as a line item. Transfers run from a minimum of $100 up to $250,000 per transaction. Because that markup scales with the amount you send, it is worth comparing the final receive amount rather than the fee alone.

FairFX quotes transfer times of 1-2 business days, and the service reaches 130+ countries across 40+ currencies. You can fund a transfer by Bank Transfer and Debit Card, with money delivered via Bank Deposit. That combination of speed and reach is what shapes where FairFX is most competitive.

Where FairFX stands out — good rates for gbp transfers, multi-currency travel card available and high transfer limits. That makes it a sensible choice for larger, planned transfers such as property purchases, tuition or business payments. The main trade-offs to weigh: uk-focused (limited for other markets) and less competitive than wise on most corridors. As always, run your exact amount and currency through a live comparison before sending — the provider you pick usually affects the final amount more than any single fee.