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Equals Money Review
Equals Money is a UK payments company for businesses. It grew out of the consumer travel card brand FairFX and now runs multi currency accounts and cards.
Min Deposit
N/A
Spreads From
Not published, this is a payments provider, not a CFD broker
Max Leverage
Not applicable, Equals Money does not offer leveraged trading
Platforms
Equals Money online platform, Corporate cards and open banking tools
Pros
- Listed on London's AIM market since 2014, with public financial reports
- Authorised by the FCA for payment services under reference 488396
- Long track record dating back to the FairFX brand launch in 2007
- Serves more than 20,000 business clients with multi currency accounts
Cons
- Built mainly for businesses, not a simple retail trading account
- No CFD or leveraged forex trading, only payments and currency accounts
- Bestforex.io still lists this profile as unverified with details pending
- Pricing for business accounts is not fully published on the site
Equals Money began life as FairFX, a business founded in 2007 selling prepaid travel money cards to consumers. The company listed on London's AIM market in 2014, and in 2019 it renamed itself from FairFX Group PLC to Equals Group PLC to match a wider product range.
Today Equals Money is the group's business facing brand. It gives companies multi currency accounts, international payments, corporate cards, and open banking tools, and says it serves more than 20,000 businesses. Payments run through UK Faster Payments, CHAPS, and Bacs for domestic transfers, alongside cross border transfers in many currencies.
Equals Money PLC is authorised by the FCA for payment services under reference number 488396, and the wider group holds separate FCA licenses for e money and card issuing. The company is still listed and trading, with no sign of the account freezes or enforcement actions that have hit some rivals.
Max Leverage
Not applicable, Equals Money does not offer leveraged trading
Spreads From
Not published, this is a payments provider, not a CFD broker
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
