AZIMO 2018-01-21T09:39:01+00:00



Azimo is a new age foreign exchange firm based out of London and another office in Krakow. Founded in 2012, today they serve total 80 currencies to over 190 countries. Their mission is use technology to the fullest to provide financial services to their clients for a quick and affordable turnaround. You can trade with them through website and mobile app, and pay them using bank transfer, debit card, credit card, online direct payment. They don’t accept payments via phone and for payments via debit and credit card there is a maximum limit depending on the currency you select. Azimo charges a nominal fee for every transaction which varies basis number of factors.

Azimo’s clients have given them an average rating of 8.9/10 on Trustpilot from over 11,000 reviews. Only 4% of them have something negative to say about their experience. Azimo, regulated by the Financial Conduct Authority (FCA), uses latest technology, 24/7 system security checks and tie ups with international payment companies and banks to make sure every transaction is secure. Apart from the security they also support 8 different languages to make sure their clients can transact with them with ease and understand every aspect of it. This surely indicates that it’s a trustworthy organization and takes every step to make transferring money effortless for their clients.

Founded: 2012
Headquarters: London, UK
Offices: UK, Poland
Regulated by: FCA
Trading channels: website, mobile app

reviews on TRUSTPILOT


8.9/10 Great

AZIMO Key Features

Pay-in Options bank transfer, debit card, credit card
Recipient’s Options bank account only
Min Transfer Amount £50
Max Transfer Amount £300,000 via bank transfer
Speed most transfers are completed in 1-4 days
Transfer Fees no fees on all transfers
Exchange Rate HiFX claims a bank-beating exchange rate
Currencies Available 142 currencies

AZIMO Review

Transfer Fees

HiFX claims they charge no transfer fees on all transfers.

However, you still have to be aware some other fees which HiFX are not liable for when sending money to them.  HiFX encourages you to pay by bank transfer or debit card. But before you start to fund HiFX, you need to check with your sending bank and the receiving bank, as they may charge some fees. Credit card transactions will cost you an additional fee of 1.6% of total amount.

Exchange Rate

HiFX offers bank beating exchange rate which is very competitive. This rate varies by type of currency. Therefore, the markup from NZD to USD, for instance, is 1% more than mid-market rate. The average markup on exchange rate tends to be 1.5%.


HiFX advises you 1-4 working days for the money to be delivered to recipient’s account. The method you use to pay HiFX will affect the whole processing time. Funding via credit or debit card results your money to reach HiFX immediately. Bank transfer usually takes up to 3 days for them to receive your money.

User Experience

HiFX’s customer service is 24/7 either by phone or email. Customers can complete their transfers on website or over phone. However, lack of mobile app makes HiFX far behind most competitors.

It is also un-convenient for clients when it comes to comparing transfer costs. You’re allowed to check exchange rate only after you logged into their website. That means you have to sign up for a free account first before you can compare and transfer. From our experience, it only takes a couple of minutes to finish register. But you’ll need to upload the following documents to be approved,

1 x Proof of Identity: passport, national ID card, or driver license.

1 x Proof of Address: recent utility bill or bank statement.


AZIMO Pros and Cons

  • zero transfer fees on all transfers

  • 142 currencies and 170+ countries available

  • small limitation of £50 minimum transfer amount

  • 24/7 friendly UK based telephone support

  • website only, without mobile app

  • only registered clients are able to compare exchange rate

  • money account only for recipient, without cash pick-up

More Options