OFX
fx broker · Founded 1998
Account Overview
OFX provides the OFX Global Business Account (distinct from consumer money transfers), featuring local multi-currency receiving accounts in 7 major currencies (USD, EUR, GBP, AUD, CAD, SGD, HKD), risk hedging forward contracts, and dedicated telephone currency broker assistance for businesses making substantial supplier payments.
Ideal For
- Companies transferring over $10,000+ per transaction seeking dedicated broker quotes
- Importers and exporters needing forward exchange contracts and limit orders
- Businesses wanting 24/7 telephone-based currency desk support
Not Suitable For
- •Micro-businesses needing day-to-day corporate debit cards or checkout acquiring
- •Small-ticket frequent remittances (<$1,000)
- •Teams wanting modern SaaS developer APIs for automated billing
Verified Pricing Schedule
Monthly Maintenance$0
Account Setup Fee$0
Major FX Markup~0%
Inbound ACHFree
$0 monthly account fee.
Regulatory Oversight & Safeguarding
Regulated under Money Transmitter licenses across all operating US states and global jurisdictions.
FinCEN (US)FCA (UK)ASIC (Australia)