Revolut and OFX come at transfers from different angles. Revolut is an all-in-one banking app that gives you a near-mid-market rate up to a monthly limit, then a fee on the excess. OFX is a dedicated currency broker built for larger transfers, with a modest markup and no fee on bigger amounts.
On a $1,000 dollar-to-euro transfer on a weekday, Revolut on its free plan costs about $1.00, while OFX costs about $7.50. The winner depends on the amount and the day of the week. The tables below use the current mid-market reference; Wise may use an account-holder API estimate, while other providers use stored published fee and markup models rather than live quotes.
- Inside Revolut's monthly limit on a weekday, Revolut is cheaper, since only its small spread applies.
- OFX is built for larger transfers. It charges no fee on bigger amounts and a modest markup, so it comes into its own on big sends.
- On weekends, the picture can flip. Revolut adds a weekend markup, which can push it above OFX's steady rate.
- The amount decides. Small weekday sends favour Revolut; large or weekend sends can favour OFX.
How Revolut charges
This site's representative Revolut model uses a small spread on major pairs, a roughly US$1,450 Standard allowance, and 0.5% on the excess. It is a fallback scenario, not a universal plan: country-specific allowances, overage terms, paid-plan prices, and availability differ.
The table uses a weekday-style scenario and intentionally excludes weekend adjustments. Revolut allowances, overage fees, and out-of-market-hours pricing vary by country and plan; check the terms and remaining allowance shown in your app.
How OFX charges
OFX is a dedicated currency broker aimed at larger transfers. It charges no transfer fee on bigger amounts and makes its money on a modest markup of about 0.75% above the mid-market rate. There is no monthly limit and no weekend surcharge, just the same steady markup whenever you send.
The appeal of OFX is simplicity at scale: no fee on larger amounts, a thin markup, and a broker you can talk to. The trade-off is that on a small send, the markup can cost more than Revolut's spread-only tier.
Head to head, by amount
The ranking shifts with the amount and the day. Here is the same dollar-to-euro transfer at three sizes.
$1,000: Revolut's spread-only tier
Inside the limit, Revolut Standard sits at just its small spread (0.10%), below OFX's 0.75% markup. On a weekday, Revolut is the cheaper here.
$5,000: the limit starts to bite
At $5,000, Standard has gone past its monthly limit, so Revolut charges 0.5% on the amount above it. OFX's 0.75% applies to the whole amount, with no fee. The two move closer together at this size.
$25,000: a big send
On a large send, this is where a broker like OFX comes into its own. Revolut's 0.5% excess fee applies to a big amount over the limit, while OFX charges no fee and a modest markup on the whole sum. The order can go either way depending on the exact figures, so check the modelled table at your size.
Who should pick what
Pick Revolut if you send small amounts on weekdays and can stay inside the monthly limit, or you already use Revolut as your everyday account. Inside the limit its small spread beats OFX's markup, and the convenience of an all-in-one app is a bonus.
Pick OFX if you are moving a larger sum, you send at odd hours, or you want a broker you can talk to. OFX charges no fee on bigger amounts and a modest markup, with no limit or weekend surcharge, so it often comes out ahead on large or weekend sends.
Put Interactive Brokers first on the price shortlist when a large conversion is part of portfolio investing, trading or hedging inside the brokerage. Its exceptionally low spot-currency commission can make it the strongest price choice at scale. Use OFX or Wise for a one-off payment to another person. See Interactive Brokers vs OFX.
Frequently asked questions
Is Revolut cheaper than OFX?
Inside Revolut's monthly limit on a weekday, yes, since only its small spread applies. OFX charges no fee on bigger amounts but adds a markup of about 0.75%. On a large send or a weekend, OFX can come out ahead, so check the modelled comparison at your size.
Is OFX good for large transfers?
Yes. OFX is a dedicated currency broker built for larger transfers, with no fee on bigger amounts and a modest markup. It also has no monthly limit or weekend surcharge, and you can speak to a broker, which makes it a strong choice for big sends.
Does Revolut charge extra on weekends?
It may. Revolut's out-of-market-hours pricing depends on your country and plan. These tables intentionally exclude weekend adjustments; check the in-app quote or wait until the next weekday. OFX's actual customer rate also needs to be confirmed at checkout.
Are the fees shown here exact?
No. The table uses the current mid-market reference and, where available, a Wise account-holder API estimate. Other providers use stored published fee and markup models, not live quotes, so the results are modelled estimates for typical routes. OFX's markup varies by route and amount, and Revolut's limits vary by region. Always confirm the final figure on the provider's own site before you transfer.
Cost figures are worked out from each provider's published fee structure applied to the current mid-market reference rate, modelled estimates for typical major-currency routes. OFX's markup varies by route and amount; Revolut's fair-use limits and plan prices vary by region. The figures shown are representative. Always confirm the final quote on the provider's own site before you transfer. We may earn a commission from affiliate links at no extra cost to you; this never affects rankings. Nothing here is financial advice.
Sources: Revolut exchange fees (opens in a new tab), OFX pricing (opens in a new tab), Wise pricing (opens in a new tab), IBKR spot-currency commissions (opens in a new tab), Interactive Brokers (U.K.) Limited Client Agreement for Carried Products (opens in a new tab), IBUK and IBLLC Client Agreement (opens in a new tab). Accessed 22 August 2026.