CurrencyFair risk score

CurrencyFair is an innovative financial technology company specializing in efficient and low-cost international money transfers. Established to address the excessive costs associated with sending money abroad, CurrencyFair provides expatriates, overseas homeowners, and small to medium-sized enterprises (SMEs) with a cost-effective solution. By using the platform, customers gain access to the real exchange rate, paying only a small, transparent margin on transactions.

The company, which prides itself on transparency, typically charges an average margin of approximately 0.53% of each trade. Additionally, a nominal fee of €3 is applied when transferring funds out of a CurrencyFair account. Unlike many competitors, CurrencyFair ensures consistent pricing across transactions, guaranteeing all customers—whether making their first or fifty-first transfer—the same competitive rates.

Further enhancing their service, CurrencyFair offers customers the option to either trade immediately at the best available rate or set a desired rate on the marketplace, awaiting a match. This flexibility, coupled with guaranteed security and necessary liquidity due to CurrencyFair's status as a regulated entity, makes it a reliable choice for handling international transactions.

Beyond mere money transfers, CurrencyFair has established itself as a leader in the fintech sector by providing a seamless, user-friendly platform that upholds strict regulatory standards. This commitment not only ensures the security and efficiency of its services but also reinforces its position as a trusted partner in global financial exchange. Whether for personal or business use, CurrencyFair’s strategic approach to currency exchange and international payments demonstrates a steadfast dedication to fiscal fairness and accessibility.