Which company is better, HiFX or World First?
A lot of people are interested in comparing two of the largest money transfer companies in the world – HiFX and WorldFirst. Right off the bat, you can tell these are two serious contenders for the “Best International Payments” crown, but what separates World First from HiFX and vice versa? Which is safer? cheaper? has better reputations? more functions?
We will try to help you with this question by comparing World First and HiFX on the chart below.
Glamouring review. Rated 98 / 100. Privately owned and operated since 2004. HQ in London with offices in 3 continents. Especially in the UK, Australia and East Asia. Combination of strong tech and high liquidity. Boast more than 75,000 active clients. 121 currencies offered, can accept clients from almost anywhere in the world. Regulated by FCA and ASIC. Special program for online merchants – collection accounts abroad Transparent and cheap rates. View World First rates here. Top to bottom registration online. More local offices and closer to different type of customers. Relatively high minimum transfer of £1,000 as a first timer, but you can transfer less after becoming a client Not the most inviting website design Accepts ONLY corporate clients No FX options Doesn’t accept US customers
Not reviewed by us, but has strong reputation. Owned by public firm Euronet. HQ in London with offices in Europe and Australia. Combination of strong tech and high liquidity. One of the largest providers in the world. 60 currencies offered, can accept clients from Europe and Australia. £9 per small transfer. Regulated by FCA, FMA, FOC Special program for online merchants – collection accounts abroad No transparent rates. Sign up to get current rates offered. Not as widespread or comprehensive as World First Accepts US customers Euronet, its owners, also owns XE.COM and RIA which have a lot of complaints online Not as smooth sign up process No promotions for our visitors Sub-par mobile app Doesn’t offer transparent rates before sign up
*As of Feb 2021, World First announced that they will stop working with private clients and focus ONLY on corporate clients. If you are an individual that wants to make money transfers to family and friends, we will have to recommend you using HiFX, or any of our Best rated money transfer companies we have reviewed so far.