FXcompared
FXcompared is an independent UK-based comparison platform for international money transfer services, helping individuals and businesses evaluate rates, fees, and transfer times across vetted providers spanning 126 countries. It monetizes exclusively through affiliate commissions from listed transfer providers.
- Company typePrivate
- Founded2010
- HeadquartersLondon, United Kingdom
- Headcount11–50
- GTM typeB2B and B2C
- OfferingDigital Commerce or Content
What FXcompared does
FXcompared is an independent, advertising-supported comparison platform for international money transfer services, founded in 2010 and operated by FX Compared Limited, a private UK company headquartered at Millbank Tower in London with an additional office in New York. The company sits within the FXC Group corporate structure alongside FXC Group Limited, FXC (IP) Limited, and FXC Intelligence Limited. Its core product is a self-serve web-based comparison engine that aggregates money transfer providers, allowing users to input sending/receiving country and transfer amount and receive ranked provider options based on rates, fees, transfer times, and customer service. Coverage spans 126 countries with over $1.7bn in cumulative platform-mediated transfers.
The platform is built around a proprietary ranking algorithm and a suite of currency tools, including a Currency Converter, Rate Alerts, Currency Volatility assessment, Currency Audit tool, and Company Comparison functionality. Its proprietary International Money Transfer Index (IMTI) provides benchmark data on the cost of bank-to-bank international transfers across countries. Beyond consumer use cases (expat transfers, overseas property, inheritance, travel money, weddings), FXcompared operates a dedicated International Payments business vertical covering International Payroll, Mass Payouts, Etailer Solutions, and Currency Invoicing. Editorial content is distributed through the FXcompared Magazine and SEO-optimized corridor/route pages.
The business model is a single revenue stream: affiliate commissions or flat fees paid by listed money transfer providers when users sign up and complete transfers via the platform. The service is free to end users. Distribution is fully self-serve and product-led via fxcompared.com, with no mobile app, no public API, and no disclosed funding rounds or external shareholders. Listed partners include Currencies Direct, Moneycorp, OFX, TorFX, and World First among others, with commercial relationships explicitly disclosed as influencing listing order.
FXcompared firmographics
Firmographics- Name
- FXcompared
- Legal name
- FX Compared Ltd
- Website
- https://fxcompared.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- FXcompared is an independent UK-based comparison platform for international money transfer services, helping individuals and businesses evaluate rates, fees, and transfer times across vetted providers spanning 126 countries. It monetizes exclusively through affiliate commissions from listed transfer providers.
- Ownership category
- akta.pro rank
FXcompared industry classification
Industry- Product category
- Money Transfer Comparison Platform
- akta.pro primary industry
- Cross-Border & FX Payments Platforms (BPAMAFAK)
- akta.pro secondary industries
- FX Matching & Aggregation Venues (Liquidity Aggregators) (FSAFADAH), Remittances & Retail FX (Consumer Cross-Border) (FSABAAAK)
Keywords
Where FXcompared is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices2 records
Markets served
FXcompared business model
Business model- GTM type
- B2B and B2C
- Offering type
- Digital Commerce or Content
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- Affiliate Commission: FXcompared earns either a flat fee or a commission from money transfer providers when users sign up and complete transfers through the platform. This is the primary revenue stream and does not cost users anything extra as the service is free to use.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
FXcompared product offering
Product offeringCore offering
FXcompared operates an independent, advertising-supported online comparison platform for international money transfer providers. Users input transfer parameters (sending/receiving country and amount) and receive ranked options from vetted providers showing rates, fees, and transfer times. The platform covers 126 countries and helps users save up to 90% on fees versus traditional bank rates, monetized via affiliate commissions when users sign up with a provider.
Product overview
FXcompared is an independent, advertising-supported comparison service for international money transfers. The core product is a comparison engine that aggregates and displays options from multiple money transfer providers, showing rates, fees, and transfer times. The service is complemented by proprietary research tools (International Money Transfer Index/IMTI), currency management tools (Currency Audit, Currency Converter, Currency Rate Alerts, Currency Volatility), company reviews and mobile app reviews, business payment services (International Payroll, Mass Payouts, Etailer Solutions, Currency Invoicing), and editorial content through the Magazine section featuring news, guides, and industry intelligence reports.
Differentiator
Problem solved
Functional benefit
Brands
- International Money Transfer Index (IMTI): A proprietary measure of the cost of international bank-to-bank money transfers from countries around the world
Products and services
- Money Transfer Comparison Platform Independent online comparison service for international money transfer providers. Users enter sending and receiving countries and amount, and receive ranked options from vetted money transfer operators showing live rates, fees, and transfer times. Covers 126 countries and supports both individual personal transfers and business use cases. Free for end users; monetized via affiliate commissions when users sign up with a recommended provider.
- International Payments (Business Services)
Quantifiable outcome
- Users can save up to 90% on fees and charges versus the average bank rate
- +1 more outcomes
Companies that use FXcompared
Customer profileSegments3 records
Ideal customer profiles2 records
FXcompared technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
FXcompared partnerships and signals
Strategic signalScale indicators4 records
Recent moves6 records
Expansion highlights5 records
FXcompared competitors and assessment
Company assessmentBroad incumbents
- TorFX: TorFX is a UK-based international payment and FX services provider focused on personal and business customers with high-touch service. It is reviewed on FXcompared and competes for the same cross-border consumer/SME FX customers.
- WorldRemit: WorldRemit is a digital remittance platform enabling cross-border money transfers to 130+ countries, primarily serving consumer senders. It operates in the same cross-border transfer category as providers listed on FXcompared.
- Moneycorp: Moneycorp is a UK-headquartered FX and international payments specialist serving retail and business customers with currency transfers and hedging solutions. It is one of the headline providers reviewed on FXcompared and operates in the same cross-border FX space.
- Wise: Wise (formerly TransferWise) operates a multi-currency account and cross-border payment platform serving consumers and businesses globally. It is the dominant digital cross-border payments brand that comparison sites like FXcompared benchmark against, and increasingly competes with FXcompared for user mindshare.
- OFX: OFX is an international money transfer and FX services provider serving both individuals and businesses across multiple corridors. It is explicitly reviewed on FXcompared, operating in the same consumer/business cross-border FX segment.
- Currencies Direct: Currencies Direct is a foreign exchange specialist offering international money transfers and FX services to individuals and businesses. It is featured in FXcompared's reviews and competes for the same retail and SME cross-border transfer customers.
- World First: World First is a cross-border payments and FX services provider serving businesses and individuals with international transfers and multi-currency accounts. It is reviewed on FXcompared and operates in the same consumer/business FX category.
Emerging players
- Remitly: Remitly is a mobile-first digital remittance company focused on consumer cross-border transfers from developed to emerging markets. It competes in the same consumer FX/transfer category and invests heavily in mobile UX, contrasting FXcompared's web-first model.
- Revolut: Revolut is a digital banking super-app offering multi-currency accounts and embedded FX transfers to consumers and SMEs globally. It represents the embedded-finance shift that threatens comparison destinations like FXcompared by making FX a wallet-native action.
Direct peers
- Monito: Monito is an independent comparison platform for international money transfer providers, aggregating rates, fees, and transfer times and ranking providers for end users. It is the closest direct competitor to FXcompared in product mechanics, target audience, and affiliate-driven revenue model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
FXcompared social profiles
Digital presenceFXcompared financial estimates
Financial estimateRevenue estimate
Valuation estimate
FXcompared leadership team
Management profileNumber of profiles
Profiles4 records
FXcompared subsidiaries and ownership
Company hierarchySubsidiaries3 records
FXcompared funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
FXcompared M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about FXcompared
What does FXcompared do?
FXcompared operates an independent, advertising-supported online comparison platform for international money transfer providers. Users input transfer parameters (sending/receiving country and amount) and receive ranked options from vetted providers showing rates, fees, and transfer times. The platform covers 126 countries and helps users save up to 90% on fees versus traditional bank rates, monetized via affiliate commissions when users sign up with a provider.
Is FXcompared a public or private company?
FXcompared is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was FXcompared founded?
FXcompared was founded in 2010. It employs 11 to 50 people.
Where is FXcompared based?
FXcompared is headquartered in London, United Kingdom, in the Europe region.
How does FXcompared make money?
One revenue line is on record: affiliate Commission.
Who are FXcompared's main competitors?
Broad incumbents on record are TorFX, WorldRemit, Moneycorp, Wise, OFX, Currencies Direct and World First. Emerging players are Remitly and Revolut. Monito is listed as a direct peer.
Does FXcompared have an API?
No public API is recorded for FXcompared.
What industry is FXcompared in?
FXcompared's product category is Money Transfer Comparison Platform. Its primary akta.pro industry code is BPAMAFAK, Cross-Border & FX Payments Platforms, with a secondary code of FSAFADAH, FX Matching & Aggregation Venues (Liquidity Aggregators).