Profee vs XE: Fees, Rates & Speed Compared
Profee
4.1Profee offers international money transfers with competitive rates, particularly strong on European and CIS country corridors.
XE
4.4XE is a trusted name in currency exchange, offering international money transfers with competitive rates and no transfer fees for most corridors.
Profee and XE are both popular choices for international money transfers, but they take different approaches. Profee, founded in 2017 and headquartered in London, UK, is best known for fast, small remittances. XE, operating since 1993 from Newmarket, Canada, focuses on large transfers and business payments. This comparison uses real transfer data collected from both providers across 6 popular corridors to show you exactly which one offers better value for your specific needs. Our data shows the difference can be significant — on a £500 GBP → PKR transfer, Profee delivers ₨12970.68 more to the recipient.
In this comparison
Live comparison: Profee vs XE across popular corridors
The table below shows how much the recipient receives when sending through Profee vs XE on 6 popular corridors. Data is refreshed every 6 hours from provider APIs and websites.
| Corridor | Profee | XE | Winner |
|---|---|---|---|
| USD → INR($1,000) | — | ₹96,033.71 | N/A |
| GBP → EUR(£1,000) | €1,118.71 | €1,146.94 | XE (+€28.23) |
| USD → PHP($500) | — | ₱28,827.34 | N/A |
| USD → MXN($1,000) | — | MX$17,191.59 | N/A |
| GBP → PKR(£500) | ₨187,141.42 | ₨174,170.74 | Profee (+₨12970.68) |
| USD → NGN($200) | — | — | N/A |
Amounts shown are what the recipient receives. Based on current scraped data, updated every 6 hours.
Key differences between Profee and XE
Profee vs XE: Feature comparison
| Feature | Profee | XE |
|---|---|---|
| Overall rating | 4.1/5 (Good) | 4.4/5 (Excellent) |
| Fee structure | From $0 depending on corridor | No transfer fees |
| Exchange rate markup | 0.5% - 2% above mid-market | 0.5% - 1.5% above mid-market |
| Transfer speed | Minutes to 2 days | 1-4 business days |
| Supported countries | 100+ | 130+ |
| Supported currencies | 40+ | 130+ |
| Max transfer | $10,000 | $500,000 |
| Payment methods | Bank Transfer, Debit Card, Credit Card | Bank Transfer, Debit Card, Credit Card |
| Delivery methods | Bank Deposit, Card Deposit | Bank Deposit |
| Regulators | FCA | FCA, FinCEN, ASIC, FINTRAC |
| Founded | 2017 | 1993 |
Pros and cons
Profee
Pros
- Competitive rates to Eastern Europe and CIS
- Card-to-card transfers
- Simple fee structure
Cons
- Lower transfer limits
- Limited brand recognition
- No cash pickup option
XE
Pros
- Well-known and trusted brand
- No transfer fees for most transfers
- Supports 130+ currencies
- Rate alerts available
- Excellent currency data and tools
Cons
- Exchange rates include a markup
- No cash pickup option
- Transfer speed can be slow
When to choose Profee vs XE
Choose Profee if:
- You want the real mid-market exchange rate with no hidden markup
- You want zero transfer fees (From $0 depending on corridor)
- Speed is your top priority — transfers can arrive in minutes
Choose XE if:
- You want the real mid-market exchange rate with no hidden markup
- You're sending large amounts (XE supports up to $500,000)
- You want to lock in an exchange rate with a forward contract
- You need a business account for commercial payments
Verdict: Profee or XE?
Cost: Too close to call
Profee and XE are closely matched on cost. Across our 6 sample corridors, neither provider consistently delivers more to the recipient. The best choice depends on your specific corridor.
Faster: Profee
Profee is generally faster, with transfers arriving in Minutes to 2 days, compared to 1-4 business days for XE.
Wider coverage: XE
XE has broader coverage with 130+ countries and 130+ currencies. XE also offers Bank Deposit.
Bottom line
Overall, XE edges ahead for most users thanks to transparent pricing with the real mid-market exchange rate. That said, Profee is the better pick if you need fast, small remittances.
Frequently asked questions
Is Profee or XE cheaper for international transfers?
It depends on the corridor. Our data across 6 routes shows Profee and XE are closely matched on total cost. Profee charges From $0 depending on corridor with a 0.5% - 2% above mid-market exchange rate markup, while XE charges No transfer fees with a 0.5% - 1.5% above mid-market markup. We recommend comparing rates for your specific transfer using our calculator.
Which is faster, Profee or XE?
Profee typically completes transfers in Minutes to 2 days, while XE takes 1-4 business days. Actual speed depends on the corridor, payment method, and delivery option you choose. Bank transfers tend to be slower than card-funded transfers, and bank deposits are generally faster than cash pickups.
Are Profee and XE safe to use?
Yes, both are regulated money transfer services. Profee is regulated by FCA and has a 4.1/5 Trustpilot rating. XE is regulated by FCA, FinCEN, ASIC, FINTRAC with a 4.4/5 Trustpilot rating. Both companies are required to safeguard customer funds under their respective regulatory frameworks.
What are the transfer limits for Profee vs XE?
Profee has a maximum transfer of $10,000 (minimum $10), while XE allows up to $500,000 (minimum $1). Limits may vary by corridor, account verification level, and payment method. New accounts typically start with lower limits that increase over time.
Can I get cash pickup with Profee or XE?
Profee offers Bank Deposit, Card Deposit. XE offers Bank Deposit. Neither provider offers cash pickup — both deliver to bank accounts only.
Should I use Profee or XE to send money internationally?
For most users, XE offers better overall value thanks to transparent pricing with the real mid-market exchange rate. However, Profee is the better choice if you need fast, small remittances. The best provider for you depends on your corridor, transfer size, and whether you need features like Card Deposit.