RationalFX Review - Money Transfer Costs and FXcompared’s rating

Rating based on expert reviews by FXcompared
Daniel Webber
Founder & CEO
Daniel is Founder and CEO and has 20 years of experience in the international finance world focusing on cross-border payments, technology and the property sectors. Daniel is widely quoted as an expert within the money transfer industry including by The Economist, The Wall Street Journal, Reuters, CNBC and Bloomberg. Daniel is passionate about helping consumers and businesses find the best and most efficient ways to transfer money internationally.
About RationalFX
RationalFX has become a leading money service in the UK. It offers a wide range of business and personal services to customers. These include spot transactions, forward contracts, limit orders, stop loss strategy, recurring payments and much more.
RationalFX launched in 2005 as a registered money service in the UK. It is fully licensed and authorised by the Financial Conduct Authority (FCA) (FRN: 507958) with registration in England and Wales (# 05385999).
It was founded by two entrepreneurs – Paresh Davdra and Rajesh Agrawal – as a way to transfer funds abroad without using banking services. The company has never borrowed from banks or financial institutions to get started, and it is now trusted by more than 100,000 customers with payments in excess of $10bn.
Agrawal, the founder and non-executive chairman, is also the deputy mayor of London for business. Davdra, the co-founder, is a scientist at Citywire and Reuters. One of the only drawbacks of RationalFX is that it does not accept US customers.
