WorldFirst vs OFX Comparison – Review Fees, Currency rates and More


In a WorldFirst vs OFX battle, there is no doubt that some people would find OFX to be better, while others will think that WorldFirst has an edge. However, what we can be absolutely sure of is that both of these money transfer services are much better than traditional banks.

In this WorldFirst vs OFX review, we will take a closer look at the similarities between the two and also look in-depth at some key differentiators and similarities.

Best Company To Use For Europe and Africa
Editorial Rating 90.2%
  • Very High Positive Client Feedback
  • Fixed Margins- Auto Applied, not Based on Negotiation
  • Large and Trusted
  • Unavailable in the USA, and in Quebec
Exept USA
Min transfer
£/€/$ 1000
Trading via
Australia United States United Kingdom China
+ 4 more
  • Netherlands Netherlands
  • Hong Kong Hong Kong
  • Singapore Singapore
  • Japan Japan
Best Company To Use For Australia, Asia, and America
Editorial Rating 92.2%
  • Publicly Traded Firm in ASX
  • 94% Customer Satisfaction
  • Australian Born and Bred
  • 24/7 Customer Support
Min transfer
£/€/$ 100
Trading via
Australia United States United Kingdom China
+ 3 more
  • New Zealand New Zealand
  • Canada Canada
  • Singapore Singapore

The Similarities Between WorldFirst and OFX


For starters, both these companies come with great reviews online, on sites like TrustPilot or Feefo. They both offer a similar transfer fee and transfer time of between 1 and 3 days. Their sites are mobile-optimized, plus they offer a seamless mobile app.

Better than banks

Best of all, both of these platforms come with proven superiority over banks. They are secure, offer quick transfers, and come with much better fees than what banks offer.


The Key Differences Between WorldFirst and OFX

User Experience

When it comes to using their services, most companies are quite similar. You need to register an account in a few simple steps and then you’ll be able to quickly send money online. However, WorldFirst comes with a slight edge here, as they also enable access to their site to users from China, Japan, France, and many other countries, who want to use their own languages.

Basically, OFX only comes only in English, while WorldFirst comes in a wide range of languages. However, because OFX is an Australian-based company, it comes with certain perks for Aussies, allowing them to pay via BPAY. On the other hand, WorldFirst allows users to quickly integrate their services with XERO. If you use this service, you can send and receive payments using matching currency accounts, so you don’t have to worry about paying extra conversion fees.

As a very important component of user experience, security is very important for both of these companies. While OFX is part of the Australian Securities and Investments Commission and is listed on the Australian Exchange Market, WorldFirst is backed-up by FCA and FINTRAC, while also being regulated by ASIC and by the Monetary Authority of Singapore.

Customer Service

If customer support is important for you, know that both of these companies offer a very high level of support. However, for Australian-based users, OFX offers even better support, 24/7. You can contact them at any time of the day and night and they’ll offer you a solution. OFX also has toll-free numbers in numerous countries, including the US, UK, Canada, Ireland, Spain, Hong Kong, New Zealand, Germany, and Australia.

Global Reach

OFX has no less than 16 partner banks, which means over 150 bank accounts all across the globe in 55 currencies. On the other hand, WorldFirst has offices in the UK, Netherlands, Australia, Singapore, and Hong Kong. They accept clients from all across the world, except the USA and Quebec. OFX is the clear winner here, as they work in any country of the globe.

Currency Rates & Fees

OFX’s newest fee policy says that all trades are free of charge regardless of transfer volume. The only limit is their minimum transfer amount of $100. They add between 0.15% up to 0.5% to the real exchange rate.

Conversely, WorldFirst offers a dynamic rate. Has no fixed transfer fees. The fees start at 0.15% and go up to 0.5%. Over 10,000 AUD, you won’t pay any fees in Australia.


WorldFirst was first established back in 2004 and has grown to become one of the biggest money transfer companies on the globe. On the other hand, OFX was established way back in 1998 in Australia and has grown to become a fierce competitor to banks, MoneyGram and Western Union.

In terms of experience, OFX has an edge in Australia, Asia, and America, while WorldFirst can be considered to be superior in Europe and Africa.



Both of these money transfer companies are exceptional and can prove to be a great choice. However, OFX has the upper hand in multiple categories, especially if you are an Oz resident.

If you want to to read more similar comparison articles, check the ones below:

OFX vs Wise

WorldFirst vs Wise