Free List Of Top 10 Foreign Exchange Service Companies

The foreign exchange (forex) market is a vital component of the global economy, facilitating international trade and investment. In the United States, several companies provide foreign exchange services, catering to the needs of businesses and individuals alike. To help navigate the competitive landscape, here is a comprehensive overview of the top 10 foreign exchange service companies in the US.

Overview of the Top 10 Foreign Exchange Service Companies

1. Company: American Express Foreign Exchange Services

– Sector: Financial Services

– Year Founded: 1850

– Annual Revenue: $36.5 billion (2020)

– Description: American Express Foreign Exchange Services offers a wide range of foreign exchange solutions for businesses and individuals, including currency exchange, international wire transfers, and risk management tools.

– Website: [American Express Foreign Exchange Services](https://www.americanexpress.com/foreign-exchange/)

2. Company: Western Union

– Sector: Financial Services

– Year Founded: 1851

– Annual Revenue: $4.6 billion (2020)

– Description: Western Union provides reliable foreign exchange services through its vast network of global locations, enabling seamless money transfers, bill payments, and foreign currency exchange.

– Website: [Western Union](https://www.westernunion.com/)

3. Company: Travelex

– Sector: Financial Services

– Year Founded: 1976

– Annual Revenue: $398.5 million (2019)

– Description: Travelex is a leading provider of foreign currency exchange services, offering a full suite of financial solutions, including prepaid currency cards and international payment services.

– Website: [Travelex](https://www.travelex.com/)

4. Company: OFX

– Sector: Financial Services

– Year Founded: 1998

– Annual Revenue: $148.4 million (2020)

– Description: OFX specializes in international money transfers and foreign exchange risk management, catering to the needs of businesses and individuals with competitive exchange rates and personalized service.

– Website: [OFX](https://www.ofx.com/)

5. Company: Currency Exchange International (CXI)

– Sector: Financial Services

– Year Founded: 1990

– Annual Revenue: $62.6 million (2020)

– Description: Currency Exchange International operates currency exchange locations in key metropolitan areas, offering a range of foreign exchange services, including banknote exchange and international wire transfers.

– Website: [Currency Exchange International](https://www.ceifx.com/)

6. Company: WorldFirst

– Sector: Financial Services

– Year Founded: 2004

– Annual Revenue: $144 million (2019)

– Description: WorldFirst specializes in international payments and currency hedging solutions for businesses, providing competitive exchange rates and dedicated support to manage foreign exchange risk.

– Website: [WorldFirst](https://www.worldfirst.com/us/)

7. Company: XE

– Sector: Financial Services

– Year Founded: 1993

– Annual Revenue: $30.5 million (2019)

– Description: XE offers a suite of foreign exchange tools and services, including currency data, money transfers, and currency exchange information, catering to the needs of businesses and individuals.

– Website: [XE](https://www.xe.com/)

8. Company: TransferWise

– Sector: Financial Services

– Year Founded: 2011

– Annual Revenue: $421 million (2020)

– Description: TransferWise provides borderless money transfer services and multi-currency account solutions, empowering businesses and individuals to manage their international finances efficiently.

– Website: [TransferWise](https://transferwise.com/us)

9. Company: Currencies Direct

– Sector: Financial Services

– Year Founded: 1996

– Annual Revenue: $152.4 million (2020)

– Description: Currencies Direct offers tailored foreign exchange solutions, including international payments and risk management services, designed to optimize currency transactions for businesses and individuals.

– Website: [Currencies Direct](https://www.currenciesdirect.com/)

10. Company: TorFX

– Sector: Financial Services

– Year Founded: 2004

– Annual Revenue: $20.8 million (2019)

– Description: TorFX specializes in personalized currency exchange and international money transfer services, providing competitive rates and expert guidance for businesses and individuals.

– Website: [TorFX](https://www.torfx.com/)

The top foreign exchange service companies in the US play a pivotal role in facilitating international transactions and managing currency risk for businesses and individuals. With a wide range of services and innovative solutions, these companies are dedicated to providing reliable and efficient foreign exchange services to meet the needs of their diverse clientele.