OFX review

OFX fits buyers moving a large amount once rather than travelers spending small sums. Its US personal page shows a sample $10,000 USD to EUR transfer with an OFX fee of $0.00, so the cost sits in the exchange rate it quotes. What sets OFX apart is the toolkit for timing a conversion: spot transfers at today's rate, forward contracts that fix a future rate for up to 12 months, limit orders that execute at a target rate, and scheduled regular payments. It sends in 50+ currencies to more than 180 countries and offers support by phone or email around the clock. OFX says more than 1 million customers have used it and that it is regulated by FinCEN and state regulators in the US. New customers get an introductory rate across 7 currencies on their first personal transfer booked online. There is no card, and intermediary banks may still deduct fees.

Who it is for

people moving large sums such as a house deposit or a relocation

Price

Free to register; OFX fee shown as $0.00 USD on its sample personal transfer.

OFX fee + $ 0.00 USD
Quoted from the vendor pricing page on November 14, 2026.

Key features

• Send money in 50+ currencies to more than 180 countries
• Forward contracts fix a future rate for up to 12 months
• Limit orders target your ideal rate
• Regular payments for recurring transfers
• 24/7 support by phone or email

Strengths and weaknesses

• Strength: Rate locking tools that consumer apps rarely offer
• Strength: Introductory rate on the first personal transfer in 7 currencies when booked online
• Strength: Regulated by FinCEN and state regulators in the US
• Weakness: No card for spending abroad
• Weakness: Customized rates for high-value transfers require registering
• Weakness: Third-party banks may deduct their own fees

Key facts

• OFX fee: $0.00 on the sample transfer
• Currencies: 50+
• Countries: 180+
• Rate tools: Forward contracts up to 12 months, limit orders
• Customers: 1 million+

Where it ranks

OFX is No. 5 in our Best Currency Exchange Apps verdict.