Company Information

Get to know HiFX Australia

Founded in 1998, HiFX established itself as a leading provider of foreign exchange and international payment services for both private individuals and corporate clients. The company aimed to offer better exchange rates and lower fees than traditional banks. In 2014, HiFX was acquired by Euronet Worldwide, Inc. (NASDAQ: EEFT). Subsequently, Euronet merged its HiFX and XE brands, and by 2019, the HiFX brand was officially retired. All operations, clients, and services of HiFX Australia were integrated into the XE.com platform, which continues to provide global money transfer services under the XE brand.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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HiFX Australia

Australia

Founded in

1998 (28 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.