iCompareFX

  • Global Money Transfers
    • Personal Money Transfer
    • Business Money Transfer
    • Why Specialists?
  • Online Sellers
  • Reviews
    • Azimo
    • CurrencyFair
    • Currencies Direct
    • Currency Solutions
    • FC Exchange
    • FrontierPay
    • OFX
    • PayPal
    • Skrill
    • TorFX
    • TransferWise
    • Travelex
    • WorldFirst
    • WorldRemit
    • XE
    • XOOM
  • Comparison
  • Blog
  • About
    • Disclaimer
    • Contact Us
Home » Money Transfer Comparison » FrontierPay Vs Currencies Direct – A Comparison That Tells You All You Need to Know

FrontierPay Vs Currencies Direct – A Comparison That Tells You All You Need to Know

January 16, 2017 by iCompareFX Leave a Comment

Transparent spacing image size 100x150
  •    User Rating 
    TrustPilot or Feefo User Ratings
  •    Transfer Type
  •    Coupon

  •    Fee
  •    Speed
  •    Regular Payments
  •    Mobile App
  •    Min Transfer Amount

FrontierPay

FrontierPay Global Money Transfer Logo 100x150
  • 9.7/10
  • Online
    Phone
    One off transfers Regular transfers
  • NO FEES
    No fees are charged on any transaction
  • Visit Website
  • NO FEE
  • 1 - 3 Days
  • $1,000
Visit Website

Currencies Direct

Currencies Direct Logo 100x150
  • 9.1/10
  • Online
    Phone
    One off transfers Regular transfers Forward Contracts Limit orders Stop loss orders
  • NO FEES
    Currencies Direct regularly offer great rewards for new clients.

    Check back again soon for their latest offers…
  • Visit Website
  • NO FEE
    They charge no fees on 90% of transactions. If fees apply you are informed upfront.
  • 1 - 3 Days
  • Their website is responsive so it auto-scales to your screen size.
  • £1 / $1 / €1
Visit Website

FrontierPay Vs Currencies Direct - Comparison between overseas money transfer companies by iComapreFxChoosing between FrontierPay (previously known as The FX Firm) and Currencies Direct generally depends on the size of the transfer. However, while both companies offer noticeably better deals than most banks, your selection requires paying attention to other aspects as well. Is one better than the other? The answer can vary depending upon individual requirements.

The Currencies Direct vs. FrontierPay comparison on Trustpilot puts one company slightly ahead of the other. While Currencies Direct averages at 9.1 out of 10, FrontierPay score is slightly better, at 9.6 out of 10. Note that this does not mean FrontierPay is better for everyone who wishes to transfer funds overseas.

Picking Currencies Direct or FrontierPay requires that you address different factors, which is why I am dividing this comparison into multiple sections:

  • Exchange Rates
  • Fees
  • Countries
  • Ease of Use
  • Security
  • Regular Overseas Payments
  • Coupons

Foreign Currency Exchange Rates

Both specialist fund transfer companies offer substantially better rates than most leading banks. However, this aspect of FrontierPay vs. Currencies Direct comparison does not always result in a clear winner because of volatility in the exchange rates market.

FrontierPay

  • When transferring large sums, the rate decreases.
  • You can receive free rate quotes without registering as a customer.
  • If you want to transfer funds when a chosen currency exchange rate reaches a desired level, you can make use of the company’s rate watch service.

Currencies Direct

  • As a registered user, you view actual exchange rates by logging into the Currencies Direct website.
  • You do not have to log into the website to view currency charts that give you access to historical exchange rates.
  • Signing up for rate alerts is simple and free of charge.

Worldwide Money Transfer Fees

Whether you choose FrontierPay or Currencies Direct should not depend on this aspect alone, given that the exchange rate affects the cost of the transfer as well. When compared to banks, using either of these companies can lead to savings in fees.

FrontierPay

  • The fees this company charges depends on the amount you wish to transfer, as well as the destination country.
  • FrontierPay makes a disclosure of the fees it charges prior to the transfer.

Currencies Direct

  • Up to 90% of the fund transfers this company processes do not attract any fees.
  • If you have to pay a fee, you will find out about it before finalizing your transfer.

Destination Countries for International Money Remittance

In this section of the Currencies Direct vs. FrontierPay comparison, little sets these two companies apart. Both companies deal in a myriad of major and exotic currencies, letting you transfer funds to a number of countries.

  • Click here to check the list of countries that FrontierPay supports.
  • Find out which countries Currencies Direct supports by reading the Currencies Direct Review..

Ease of Use

Here you will find differences that can tilt the scale in favor of either company, depending on your needs. Registering with both companies is simple. You begin the process by submitting an online application, and the verification of your details will follow.

FrontierPay

  • FrontierPay lets customers transfer funds online and over the phone.
  • Once you register with the FrontierPay, the company gives you round-the-clock access to a personal dealer.
  • Your personal dealer can provide you with live rates, 24/7.
  • You can access FrontierPay website only in English.
  • The company does not provide apps for mobile devices as of now.

Currencies Direct

  • Other than English, access to the Currencies Direct website is offered in Chinese, French, Italian, Norwegian, Portuguese, Spanish, and Swedish.
  • The company accepts payments in different ways, including debit cards, electronic bank transfers, checks, and direct debits.
  • Currencies Direct provides an app for iOS devices.

Security

You can select Currencies Direct or FrontierPay without worrying about the safety of your information or money. Websites of both fund transfer companies make use of high encryption levels to protect the transfer of information through the Internet. Your money remains in a segregated bank account until the chosen company processes your transfer.

FrontierPay

  • The UK Financial Conduct Authority (FCA) has authorized and regulates this company.
  • It is also regulated by Her Majesty’s Revenue and Customs (HMRC).

Currencies Direct

  • This UK-based company also comes under the purview of the FCA, and it follows the Bank of England Non-Investment Products Code.
  • It received the highest possible credit rating of Level 1 from Dun & Bradstreet.

Regular Overseas Payments

You can turn to FrontierPay or Currencies Direct to set up routine transfers according to your requirements.

Coupons

Saving additional money is possible if you make use of promotional offers provided by Currencies Direct and FrontierPay.

FrontierPay

Use the No More Fees deal offered by FrontierPay.

Currencies Direct

If someone you refer to Currencies Direct uses its services to make an overseas fund transfer, you stand to get a £25 Amazon voucher.

Go to top

Learn More

  • Is CurrencyFair similar to TransferWise?
  • Learn how to redeem the exclusive UKForex voucher
  • Read more on UKForex’s features here.

FrontierPay Vs Currencies Direct Updates

  • 16th January 2017: The FX Firm has been renamed and re-branded to FrontierPay.
Show more
Show less

Related Posts:

  • FC Exchange Vs FrontierPay – Considering Factors That…
  • FrontierPay Vs World First – An Unbiased Comparison
  • FrontierPay Vs WorldRemit – How to Choose Wisely
  • UKForex Vs Currencies Direct – Should You Choose One Over…
  • FrontierPay Vs Azimo – Giving You a Clear Perspective
  • TransferWise Vs Currencies Direct | Which Company Should You
  • Currencies Direct Vs Ria – Which Company Wins This Battle…
  • CurrencyFair Vs Currencies Direct | Want to Transfer Funds…
  • FrontierPay Vs TorFX – Does This Contest Produce a…
  • FrontierPay Vs CurrencyFair – No Clear Winner Here

Filed Under: Money Transfer Comparison Tagged With: Compare Money Transfer, Currencies Direct, Fx Firm

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

iCompareFX.com Sidebar Graphic

Search Articles…

Exclusive Coupons
Transferwise: £3000 Free Payment

WorldRemit: Fee Free Transfer

WorldFirst: 2 Fee Free Transfers

CurrencyFair: 5 Fee Free Transfers

InstaReM: $10 Off Your First Transfer

Payoneer: $50 Coupon!
Top 5 Trending Articles
1. OFX Review

2. TorFX Review

3. TransferWise Vs CurrencyFair

4. WorldFirst Vs TransferWise

5. Western Union Competitors

Top Transfer Reviews
CurrencyFair
TransferWise
OFX (Formerly OzForex)
FrontierPay
HiFX
OzForex
USForex
UKForex
CanadianForex
NZForex
Currencies Direct
TorFX
WorldFirst
Azimo Money Transfer
FC Exchange
WorldRemit
XOOM
Currency Solutions
Moneycorp
RationalFX
Ria
FairFX
InstaReM
OrbitRemit
EasyFX
TransferMate
MoneyGram
Western Union
XendPay

Country Guides

Australian Flag for Money Transfer Country Guide Australia
Indian Flag for Money Transfer Country Guide India
Nigerian Flag for Money Transfer Country Guide Nigeria
Filipino Flag for Money Transfer Country Guide Philippines
Switzerland Flag for Money Transfer Country Guide Switzerland
British Flag for Money Transfer Country Guide United Kingdom

More Guides…

Currency Pairs Guides

USD-INR currency pairs USD-INR
GBP-EUR currency pair GBP-EUR
AUD-INR currency pair AUD-INR

More Guides…

Guides & FAQs

Sending money from PayPal to Transferwise


A guide to receiving international payments


How to same day overseas money transfers work


A guide to minimizing foreign exchange risk


More guides…

Recent Posts…

  • Review and Compare International Money Transfer
  • Currencies Direct Review – Money Transfer Services
  • CurrencyFair Review | Leading Global Money Transfers
  • Currencies Direct Competitors and Alternatives | Compared
  • Transfer Money Overseas – The Smart Way
  • FrontierPay Review: Should You Transfer Money Online…
  • OFX Vs PayPal – Does One Rate Better Than the Other?
  • TransferWise Review for Online Money Transfer Services
  • XE Competitors and Alternatives | Compared
  • XOOM Competitors and Alternatives | Compared

Best Expat Blog Awards 2017

iCompareFX.com Expat Blog Award 2017

Related Posts

  • Review and Compare International Money Transfer
  • Currencies Direct Review – Money Transfer Services
  • CurrencyFair Review | Leading Global Money Transfers
  • Currencies Direct Competitors and Alternatives | Compared
  • Transfer Money Overseas – The Smart Way
  • FrontierPay Review: Should You Transfer Money Online…
  • OFX Vs PayPal – Does One Rate Better Than the Other?
  • TransferWise Review for Online Money Transfer Services
  • XE Competitors and Alternatives | Compared
  • XOOM Competitors and Alternatives | Compared

iCompareFX.com is Social!

iCompareFX.com Money Transfer Review Apps

Apple App Store Badge for iCompareFX iOS AppGoogle Play Badge for iCompareFX Android App

DMCA.com Protection Status

Recent Comments

  • Patrick on WorldRemit Vs Western Union – Are There Reasons to Select One Over the Other?
  • Russell Smith on How to Send Money from PayPal to TransferWise
  • Basil on How to Send Money from PayPal to TransferWise
  • Belle Smith on TransferWise Review for Online Money Transfer Services
  • Martin1 on TransferWise Vs Revolut – Is One Better Than the Other?

This is an information service. By browsing on the website and/or using our comparison tools and articles, you are asking CompareIQ to provide you with information about currency exchange products & services from multiple financial institutions. We will try to show you a range of products & services in response to your request for information. The search results do not include all providers and may not compare all features relevant to you. In giving you product information we are not making any suggestion or recommendation to you about a particular product. If you decide to conduct foreign exchange you will deal directly with a financial institution, and not with CompareIQ. Rates and product information should be confirmed with the relevant financial institution, see our terms of use for further details. CompareIQ may receive fees or other benefits in relation to activity on the iCompareFX.com website. CompareIQ may receive remuneration for vendor referral links.    TOS | Disclaimer | Privacy Statement | Facebook | Twitter @iCompareFX

Copyright © 2019 · eleven40 Pro Theme on Genesis Framework · WordPress · Log in

  • Global Money Transfers
  • Online Sellers
  • Reviews
  • Comparison
  • Blog
  • About