Company Information

Get to know Currency Online - a division of HiFX Limited.

Founded in 1998 in the UK, HiFX Limited, operating brands like Currency Online, became a leading provider of international payment services and foreign exchange for both private individuals and corporate clients. The company aimed to offer better exchange rates and lower fees than traditional banks for transferring money abroad. In 2014, HiFX was acquired by Euronet Worldwide, Inc. and became part of its money transfer segment. In 2019, Euronet consolidated its consumer-facing money transfer brands, and HiFX was fully merged and rebranded into Xe (also known as Xe.com), another Euronet-owned company. All HiFX and Currency Online services now operate under the Xe brand.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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Currency Online - a division of HiFX Limited.

New Zealand

Founded in

1986 (40 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(74 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.