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Rated 3 out of 5 stars

Have been coming to midpoint for a very long time but today the waitresses that looked like a group of kids where stroking a dog inside the restaurant and then thought they was going to bring me out... See more

Rated 1 out of 5 stars

Very bad website. Restricted. Can log on but cannot access my profile after adding my personal details. Comes up with a blank screen asking me to update when I have already added my personal details... See more

Rated 4 out of 5 stars

First time to use Midpoint. Found buy/sell/payee set up a little bit fiddly compared to my regular fx co HiFX. FAQ a must read. Support was first class with immediate and helpful... See more

Rated 3 out of 5 stars

I contacted support a number of times during account set up and they were responsive and helpful. I have done one transfer from UAE Dirham to Euro. They do not have a bank account in the UAE so to fun... See more

Company details

  1. Money transfer service

Information provided by various external sources

Midpoint is the world’s first Peer-2-peer international currency matching platform that always gives customers the mid-market foreign exchange rates. via a patented matching technology. Our fees and rates, available on our website, are clear and transparent. A single flat fee is charged depending on the amount of the transaction and range from 0.3%-0.5%, Midpoint is a public company that is listed on the Toronto Venture Stock Exchange under the ticker MPT and Frankfurt Stock Exchange under 8MH.


Contact info

2.9

Average

TrustScore 3 out of 5

264 reviews

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Rated 5 out of 5 stars

I'm glad I switched to Midpoint for my foreign exchange!

I'm glad I switched to Midpoint: signing up to their service was quick and easy and with the assistance of their helpful staff, it only took a few minutes - and I've already saved several £100s on my first two trades alone.

I wish I'd known about them sooner, they give much better exchange rates than my bank.

Highly recommended!

30 August 2018
Unprompted review
Rated 5 out of 5 stars

I have just completed a second cash…

I have just completed a second cash transfer from the US to the UK and I'm very happy with the service and the process. The first transfer had some teething problems with getting exactly the right information for the $-to-$ wire transfer that my US institution had to make, but the staff at Midpoint were very supportive and in fact at one point reached out to me by calling my cell phone before I had to ask for help. So great marks for service.

I also appreciate the emails that are generated promptly during the process to track where things are.

18 February 2018
Unprompted review
Rated 2 out of 5 stars

There are better options out there

Long-winded process to set up an account in the first place.
Then, no guaranteed exchange rate. You get an indication, but if the rate moves while your transfer is in progress - tough.
Finally, the transfer took a full three working days and was only completed once I chased it.
Bottom line: not good enough, sorry.
For the future, I'll be back to TransferWise. Almost identical exchange rate and fees, but the rate is guaranteed and the money regularly arrives the next working day.

Edit 16/2/18: Midpoint have since gone out of their way to address some of the above issues. I would like to make it clear that in my specific case, I placed a limit order by means of separate communication bypassing their website system. Thus, I had the guarantee of receiving a minimum rate. My remarks re. no guaranteed exchange rate were a general observation in comparison to other providers where you simply press the button when you feel the rate is right.

14 February 2018
Unprompted review
Rated 5 out of 5 stars

Top-flight service at a very reasonable cost

Easily the best customer service and efficiency of any business I deal with. Great personnel and a very easy-to-use website. Every order, big or small, is handled quickly and accurately. I have absolutely no reservations about recommending MIDPOINT to everyone.

(P.S.—My bank hates Midpoint because they cannot do what Midpoint does at anywhere near the same cost.)

14 February 2018
Unprompted review
Rated 5 out of 5 stars

Well done Midpoint

I have only used service once and it has proven to be very good. I normally use either Currency Direct or Moneycorp on each month but found despite the £10 upfront charge I still got a better deal using Midpoint. The one time setup was a bit onerous requiring a scan of my passport and a utility bill to be sent. I didn't have a utility bill and my Vodafone bill was not accepted so another solution had to be found. Very good communication through email during the setup process and during the handling of the transaction. Would I use them again? Certainly.

12 February 2018
Unprompted review
Rated 5 out of 5 stars

Plaudits.

It is fair to say that I did not find Midpoint's system entirely self-explanatory, perhaps as a consequence of variations in terminology between their categories and the beneficiary's bank details. Nonetheless, Hertz Zhang's peerless assistance enabled me to complete the transfer. Zhang contacted me as each phase of the process was concluded. His level of attention to what was a modest exchange can only be described as exemplary. The rate was very competitive, and the funds were received promptly.

30 January 2018
Unprompted review
Rated 5 out of 5 stars

Midpoint an excellent alternative to a normal bank transfer!

We have known and used Midpoint for several years and we have always been extremely satisfied with their service. In case we have had problems and questions they have always been there to assist. And we have experiences that their services have only improved over time. We can only warm recommend them and they are an excellent alternatives to using banks.

10 January 2018
Unprompted review
Rated 5 out of 5 stars

Transparent & efficient

Transferring USD to GBP from a US account to GBP account. Quickly received a matching quote. Midpoint email you every step of the way with clear instructions. Fees are fair. Transparent & efficient I will use them again.

28 December 2017
Unprompted review
Rated 2 out of 5 stars

Confusing new site

First time using the new website. Found it confusing especially the wording about allocating beneficiaries. Had a webchat with an advisor, was assured everything had been properly completed. Next day received an e-mail to say funds could not be sent as no beneficiary had been allocated.

After a telephone conversation I completed the fields successfully and the funds were then sent (to the one and only beneficiary already nominated by me).

A frustrating and time-consuming experience and a delay of 4 calendar days before the funds were despatched.

20 December 2017
Unprompted review
Rated 4 out of 5 stars

We are a new client

We are a new client, so would need more time to evaluate the company and the extent to which it can assist our company and clients

4 December 2017
Unprompted review
Rated 5 out of 5 stars

Great company!!

Great company, perfect customer services, no need to wait to speak to an adviser, I 100% recommend them!

30 November 2017
Unprompted review
Rated 5 out of 5 stars

GREAT rate

GREAT rate! Personal service. Will use again. And recommended Midpoint to our local travel agent who, the way she talks... will spread word to millions in New Zealand!

29 November 2017
Unprompted review

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