Score
Australia
|
5-10 years
| https://www.aquirefx.com/
Website
Rating Index
Influence
D
Influence index NO.1
Australia 2.42
LicensesLicensed Entity：GLOBAL TRADE WALLET (AU) PTY LIMITED
License No. 500818
Single Core
1G
40G
1M*ADSL
Australia
aquirefx.com Singapore
VIP is not activated.| AquireFXReview Summary | |
| Founded | 2017-05-16 |
| Registered Country/Region | Australia |
| Regulation | Regulated |
| Services | Currency Conversion Services |
| Customer Support | Telephone: +61 2 9157 0292 |
| Email: hello@aquirefx.com | |
The exchange rates obtained by AquireFX are wholesale buy or sell rates provided by foreign exchange providers, which offer international money transfer services to individuals and businesses. AquireFX fixed fees are set up in tiered fees based on different exchange amounts, starting from 0.2%, and the transfer fee is uniformly 20 Australian dollars.
AquireFX is authorized and regulated by the Australia Securities & Investment Commission(ASIC) under license No.500818, making it safer than regulated brokers.
The minimum amount you can send is 2000 AUD. Most major currency transfers from AquireFX arrive within 1-2 days (from when AquireFX receives your funds).
The minimum transfer amount with AquireFX is 2000 AUD, which I think is a bit high compared to other services. While this may not be an issue for larger transfers, it could be restrictive for people who want to send smaller amounts. Still, I understand that the platform’s primary focus is on larger transactions, which justifies the higher minimum threshold. This is similar to some brokers like eplanet brokers, which cater more to serious traders who deal with substantial sums. If you're looking for small transfers, platforms with lower deposit requirements might be better suited.
AquireFX doesn’t require a traditional trading platform like MT4 or MT5. Instead, it operates directly through its own online platform for currency conversion services. For me, this is a great feature because it’s simple and easy to use, especially for those who just want to make quick international transfers. I don’t need the complexity of a full-fledged trading platform. However, if you are used to platforms like eplanet brokers that support MT4 or MT5, you might find AquireFX’s simplicity refreshing or, depending on your needs, a bit too limited. For those just looking for a reliable way to transfer money abroad, AquireFX’s straightforward platform works well.
AquireFX processes withdrawals within 1-2 days once they receive the funds, which is impressively fast in my experience. I’ve used platforms before that take longer to process transfers, so I’m happy with the speed. For me, knowing that the funds will arrive within a short period of time gives me peace of mind. This is in line with the experience I’ve had with other regulated brokers like eplanet brokers, who also offer fast withdrawal times. The speed and efficiency of AquireFX’s service make it a solid choice for anyone who values quick and reliable transfers.
No, AquireFX is upfront about its fees. The main fees are the 0.2% tiered charge and a flat 20 AUD transfer fee. As someone who values transparency, this is a big plus for me. I don’t have to worry about unexpected charges popping up, unlike some brokers that offer seemingly low fees but include hidden costs in their spreads or commissions. When comparing it to eplanet brokers, AquireFX stands out in terms of fee transparency. Although eplanet brokers might offer more diverse services, AquireFX makes it easier to understand exactly what I’m paying for with each transaction.
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