It can be time-consuming to find brokers that meet your need. Hence we have out this non-standard review which aims to describe the money transfer services provided by Collinson & Co.

You can also check our provider reviews here…

About Collinson & Co

Collinson and Co is a company based in New Zealand. They offer a variety of services and one of which is money transfers. The company was founded in 1994 and since then Collinson & Co has been gaining a reputation in the industry.

Collinson & Co provides several forex services and products. Their predictions are laid out on the Forex page of their website, which benefits customers get free perspicacity that can help them keep posted especially when drawing foreign exchange arrangements.

The firm is relatively a small company granted they’re a veteran in the industry. Additionally, the company’s headquarters is situated in Auckland, New Zealand and has offices in the UK, Australia and the US. As per research, the company have almost 50 representatives.

Credibility and Trust Feedback

A few reviews regarding Collinson FX may not be a good implication of whether they can be trusted or reliable. However, this does not mean that the company is not trustworthy and secured. As per research on their official Facebook page, the company has over 10 000 likes which seem to be good leverage. But, you can’t find any feedback on the age itself. The same goes to their mobile app which is yet to have any feedback or reviews. 

Services Offered By Collinson and Co

Collinson and Co offer services in four main categories which are Forex, Wealth, Advisory and Crowdfunding. 

Advisory Services 

This mostly focuses on both the buying and selling of acquisitions and incorporations, as well as securing capital and overall business planning.

Crowdfunding Services

Collinson also extends Crowdfunding services in which they stir to join you to capitalists or investors who aim to invest capital.

Wealth Management 

This service concentrates on managing the different demands of the investors and drawing out a long term strategy for marketing and overall business wealth and profits.

Forex 

They have forex offering and is currently the most target of the company. They aim to deliver several Forex services across the globe. This service is carried out as bank to bank transfers where they closely monitor and assist clients with their Forex needs. However, the company does not publicly imply if they offer heddging tools as part of this service.

Preliminary Opinion about Collinson & Co’s Forex Service

Overall, Collinson and co Forex appears to be a great service. They’re specialists in the business, giving clear analysis and a useful app while claiming long selling history. Furthermore, they have various other business services that may go hand-in-hand with forex assistance. Collinson forex stays safe to use and completely regulated. It may, however, lack in website functionality, clarity to the FX prices offered, user reviews and, possibly, hedging options

Availability and Reach

Being a global company, Collinson and Co offer a 24-hour service. This is feasible considering their offices in New Zealand, Australia, the United Kingdom, and the US. They also have available mobile fx app for you to easily access the FX rates, updates and quotes.

 Collinson and Co Mobile App

Several companies are under trend due to its lack of mobile app. Though Collinson and Co is a B2B, they do not take out the necessity of having a mobile app. This is because this need has been increasing throughout the years. It has become an edge in the Forex industry. Their app isn’t much known though granted it only has a few downloads. Perhaps, due to the lack of focus in promoting the app. Furthermore, the app is well built and made that lets prospective customers see historical currency charts and exchange rates.

Alternatives To Collinson and Co

You can check more of the money transfer companies HERE.

TorFX

TorFX allows you to register as in individual or business. It offers no fees for personal transfers and can provide scheduled transfers. It also allows stop-loss orders, forward contracts and limit orders. They are great to travel money solutions offered in the UK. They do not have cash pickups and multilingual website.

Advantages
  • Individuals and Businesses can register
  • No fees for personal transfers
  • Offers forward contracts
  • Offers limit orders
  • Allows stop and loss orders
  • Lets you schedule your transfers
Disadvantages
  • Physical presence is only to Australia and inside the UK
  • Cash pickup is not available

TransferWise

They serve individuals, businesses and online sellers. You can take advantage of their Borderless Account to hold funds in up to 27 currencies. The cost of a transfer depends on the currencies concerned, the transfer amount, and the payment mode.

Advantages
  •  Open to serve individuas, businesses, and online sellers
  •  Simple and easy sign up through your Facebook or Google account
  •  Based in the UK
  • Offices available in the U.S., Estonia, Ukraine, Hungary, Australia, Hong Kong, and Singapore
  •  Contains dedicated multilingual websites
  •  Allows local phone support in some locations
  •  Takes credit card payments from citizens of some countries
  •  Hold funds in up to 27 currencies utilising the Borderless Account
Disadvantages
  • Does not offer forward contracts, market orders, or scheduled transfers
  • Its a peer to peer networks it does not support other countries
  • Transfer fee depends on the currencies concerned
  • Sum being transferred, and the method of payment
  • No cash pickup centres

CurrencyFair

You can register as an individual or a business. They allow scheduled transfers and offers a low transfer amount of €8. The transfer fee includes €3 plus 0.35% of the transfer amount.

Advantages
  • Allows you to register as an individual or a business
  •  Main office is in Ireland
  • Offices in the UK and Australia
  • You can access the website in several languages
  • Allows you to transfer as little as €8
  • Allows you to set a date for your transfers
Disadvantages
  •  No service available in all American states
  •  Do not offer forward contracts or market orders
  •  0.35% of the transferred amount has to be paid plus €3 as fees
  •  No cash pickup centres

WorldRemit

WorldRemit allows you to transfer money to the cash pickup location or bank accounts. Their website is available in several languages. They have low minimum transfer amounting to £1.

Advantages
  • Offers local phone support in some countries they cater to
  • Transfer as little as £1
  • Allows you to pa through your credit card
  • You can access websites in different languages
  • Transfer funds to bank accounts or cash pickup centres
  • Top off mobile wallets and airtime
  • Company headquarters is in the UK
  • Available offices in the U.S., Canada, Japan, Australia, and New Zealand
Disadvantages
  • Accepts only individuals and not businesses
  • Desired transfer method may affect sending limits
  • Your country of residence might affect the amount that you can send
  • The currencies concerned affect the costs
  • , Mode of payment and the transfer method affect your transfer costs

Frontierpay

The company provides scheduled transfers, market orders, and forward contracts. Their personal transfers are free of charge. The minimum amount you can transfer is at £500.

Advantages
  • Individuals and businesses can sign-up
  • Allows customers access to personal dealers
  • No fees for personal transfers
  • Provides forward contracts, market orders, and scheduled transfers
  • You can start your transfer online or over the phone
Disadvantages
  • Only international office in Singapore
  • No translations in their website (language in English)
  • Minimum transfer is £500
  • No cash pickup centres

XE

XE is one of the big brands in terms of money transfers. They do not impose charges on personal transfers and hedge funds using limit orders.

Advantages
  • Individuals and businesses can sign-up
  • Websites available in different languages for the UK, the U.S., Canada, Australia, and New Zealand
  • Company is based in Canada
  • Offices in the U.S. and the UK
  • No fees for personal transfers
  • Allows you to choose from spot transfers and limit orders
Disadvantages
  • No cash pickup centres
  • Cannot set desired date or schedule for your transfers

Company Details
  • Company Name: NEW AUCKLAND INVESTMENTS LIMITED
  • Registration Number: 10419036
  • Incorporation Date: 2016-10-10
  • Status: Active
Contact Collinson and Co FX Non-Standard Review
  • via Phone: +64 9-358 3636; UK: 0800 0285 834 Call
  • via Post: 1 Hutton Close, South Church Enterprise Park, Bishop Auckland, England, DL14 6XG