Broker review · Ranked 3rd
Moneycorp review
The most transparent broker in our table on the things it does publish — a stated minimum, a clear online-fee position, and full risk-management tools.
Moneycorp is a UK currency broker authorised by the Financial Conduct Authority as a payment institution (FRN 308919), holding 4.7 out of 5 on Trustpilot from 6,953 reviews. It publishes a £50 minimum for online transfers, charges no transaction fee when booking online, and offers forward contracts and FX orders. Like every broker here, it does not publish its exchange rate margin.
Moneycorp at a glance
| Legal entity | TTT Moneycorp Ltd (Companies House 00738837) |
| Regulation | FCA-authorised payment institution (PSRs 2017) · FRN 308919 |
| Trustpilot | 4.7 from 6,953 reviews |
| Minimum transfer | £50 online (up to £100,000 online; no upper limit by phone) |
| Transfer fees | No transaction fee when booking online |
| Service model | Phone dealers, 24/7 platform |
| Forwards / market orders | Yes / Yes |
| Exchange rate margin | Not published |
Is Moneycorp safe and regulated?
Moneycorp operates as TTT Moneycorp Ltd and is authorised by the Financial Conduct Authority as a payment institution under the Payment Services Regulations 2017, reference 308919. Client funds are safeguarded, separate from the firm’s own money. This is not FSCS protection, which does not cover payment institutions. Confirm its status on the FCA Register.
What Moneycorp does well
Moneycorp publishes more than most brokers in our table. It states a £50 minimum for online transfers, a £100,000 online ceiling with no upper limit by phone, and confirms no transaction fee when booking online. It offers phone dealers, a 24/7 platform, forward contracts and FX orders. That relative openness on the things it can disclose is a genuine mark in its favour.
Where Moneycorp is limited
Like every broker, Moneycorp does not publish its exchange rate margin — so despite its relative transparency elsewhere, the number that most affects your cost is still not disclosed. Its Trustpilot score of 4.7, while solid, sits below the top brokers in our table. Compare a live quote against another broker for the same amount and hour to see where it lands on price.
Frequently asked questions
What is Moneycorp’s minimum transfer?
£50 for online transfers, with an online ceiling of £100,000 and no stated upper limit for transfers arranged by phone.
Does Moneycorp charge fees?
Moneycorp states there is no transaction fee when booking online. Its exchange rate margin is not published.
Is Moneycorp FCA regulated?
Yes, as a payment institution under FRN 308919, with client funds safeguarded.
Related
Compare Moneycorp on our UK currency broker comparison and see our methodology. Read our reviews of TorFX, Currencies Direct and OFX.
Last updated 15 July 2026 · Compiled and checked by Charlie Hinwick, ACCA. Nothing on this page is a personal recommendation or regulated financial advice. Figures are sourced from Moneycorp, the FCA Register, Companies House and Trustpilot; verify current details with the provider before you transfer.