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Moneycorp Review

✓ FCA Regulated

Independent expert review - Updated January 2026

5/5 Expert Rating

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1979
Established
£1000
Min. Transfer
60
Currencies
738837
FCA Number

At a Glance

Pros

  • FCA regulated for your protection
  • Online dealing platform available
  • Phone support for personal service
  • Segregated client accounts
  • Established provider (47+ years)

Cons

  • Higher minimum transfer (£1000)
  • Account registration required

Overview

Moneycorp is one of the oldest and largest international payment companies, incorporated in 1962. In 1979, Moneycorp started dealing in foreign exchange and last year traded over £22 billion worth of international money transfers. Typically, the company services: overseas property, emigration, foreign worker, SME and business money transfers.

Moneycorp has 760 employees worldwide and has established itself as a top-tier currency broker, servicing over 7.2 million customers last year. Moneycorp operates segregated client accounts with Barclays, ensuring safety and security of funds. Moneycorp is an FCA authorised and regulated payment institution, operating bank grade compliance. Their accounts have been audited by PWC since 1987 and have an excellent credit rating with D&B, Equifax & Graydon credit agencies. Their minimum money transfer size is £1,000 GBP or equivalent.

Services & Currencies

Currency Types Same Day Spot, Forward Contracts, Limit Orders, Stop Losses.
Currencies Supported 60
Private Clients Overseas property transfers, Emigration, One off payments, Business money transfers, supplier payments
Corporate Clients Import, Export, Manufacturing, Business Money Transfers, Farming, Gas and energy

Payments & Fees

Minimum Transfer £1000
Maximum Transfer No maximum
Payment Methods Bank to bank transfer, Debit card and Direct debit
Fee Structure N/A
Online Dealing ✓ Yes
Phone Dealing ✓ Yes

Security & Regulation

Established 1979
FCA Registration 738837
HMRC Registration N/A
Segregated Accounts ✓ Yes
Annual Volume 22 billion traded in currencies
Awards OPP Awards For Excellence 2011

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