Software Alternatives & Reviews

CurrencyFair Reviews and details

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  • CurrencyFair Landing page
    Landing page //
    2021-09-22

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Transferwise vs CurrencyFair - Which One Is Better

Foreign Currency Exchange Easier, and CHEAPER?! [CurrencyFair] (2020) | Expats Everywhere

CurrencyFair Review

Social recommendations and mentions

We have tracked the following product recommendations or mentions on various public social media platforms and blogs. They can help you see what people think about CurrencyFair and what they use it for.
  • How to buy US based ETFs from outside of the US (SCHD, JEPI etc)
    They only support bank wire transfers or transfers via currencyfair which is cheaper and quicker than a bank transfer. Their conversion rate is really nice (at least for EUR/ USD) but you will be charged an extra 20$ per transaction because of a 3rd party bank that comes into play. Source: over 1 year ago
  • Foreign conversion rates
    Use either Currencyfair https://currencyfair.com/ or Wise https://wise.com/. I have used both and I have a slight preference for Currencyfair for one-off transfer. Source: over 1 year ago
  • $$$ TOP AFFILIATE PROGRAMS 2022 $$$
    CurrencyFair -- Earn €20-200 Per Transfer -- https://currencyfair.com -- Finance. Source: almost 2 years ago
  • Multi currency account ING
    I should be much cheaper for you if you use sites like wise.com or currencyfair.com or other similar. Also change rate in ING might be different for others. Source: over 2 years ago
  • Soon to be US-expat for the first time. Looking for any and all advice.
    In the Netherlands, many places do not accept credit cards. They accept Dutch debit cards, or cash. Cash is not commonly accepted either. It's weird, it's annoying, but I recommend applying for a debit card ASAP upon arrival. ING or ABNAMRO are the primary options, both suck, but it is what it is. The best rate for transferring money has been https://currencyfair.com/ imo. Source: over 2 years ago
  • money transfer to Australia
    With Wise and IBKR am I right to assume that they have NZ bank accounts? So one transfers $ from a NZ bank acc. To i.e., Wise's NZ bank acc. And then from Wise's AU bank acc into one's own AU bank account? Just asking because I saw that currencyfair.com asks you to transfer NZ$ to a British acc first - which I assume would result in significant fees probably? Source: over 2 years ago
  • Irish domiciled person using Firstrade
    There are many sites for sending FX efficiently - I mostly use transferwise.com but you can use currencyfair.com or Revolut & many others....take your pick. Source: about 3 years ago

External sources with reviews and comparisons of CurrencyFair

Top 7 Wise Alternatives
Another cost you should be aware of is the receiving bank charges in countries where CurrencyFair doesn’t have a local bank account (they don’t have local bank accounts in Canada and New Zealand yet, so receiving CAD and NZD can be relatively expensive for smaller amounts as the receiving banks charge a fee usually $15 – $30).

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This is an informative page about CurrencyFair. You can review and discuss the product here. The primary details have not been verified within the last quarter, and they might be outdated. If you think we are missing something, please use the means on this page to comment or suggest changes. All reviews and comments are highly encouranged and appreciated as they help everyone in the community to make an informed choice. Please always be kind and objective when evaluating a product and sharing your opinion.