# Master Transfer vs Muthoot Forex

The clearest difference is review sentiment: Muthoot Forex at 100% against Master Transfer's 83%. Master Transfer's advantage is update cadence (every 2 months vs every 5 months). On price, ads, in-app purchases and monetization model there is nothing between them.

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

Master Transfer ships an update every 2 months, Muthoot Forex every 5 months. The most recent releases landed on November 4, 2026 and November 3, 2026 respectively.

## The numbers

| Metric | Master Transfer | Muthoot Forex |
| --- | --- | --- |
| Price | Free | Free |
| Positive reviews | 83.3% of reviews | **100.0% of reviews** |
| In-app purchases | No | No |
| Ads | No | No |
| Update frequency | **Every 2 months** | Every 5 months |
| Monetization | Free | Free |
| Size | 82 MB | 16 MB |
| Requires iOS | 14.0 | **13.0** |
| Devices | **iPhone, iPad, iPod** | iPhone, iPod |
| Age rating | 4+ | 4+ |
| Developer | [Master Services Europe Group Ltd](https://appshunter.io/developer/1300262915) | [Muthoot Finance Limited](https://appshunter.io/developer/1171002094) |

## What reviewers say

### Master Transfer

[App page](https://appshunter.io/ios/app/master-transfer/id1300262916)

Easily send money abroad to family and friends or pay bills and suppliers directly from your smartphone or tablet. Enjoy instant delivery, competitive prices, and secure debit card payments with real-time tracking and notifications.

**Highlights:** Send and track transfers, Instant money delivery, Debit card payments, Real-time tracking, Exchange rate notifications, Secure 256-bit encryption

**Features:** macOS Compatibility

**In-app purchases:** none


### Muthoot Forex

[App page](https://appshunter.io/ios/app/muthoot-forex/id1563140325)

Facilitates foreign exchange and outward remittance services in compliance with RBI guidelines. Enables hassle-free currency exchange and money transfers abroad at competitive rates, empowering global travel and financial transactions.

**Highlights:** Foreign exchange services, Outward remittance, RBI compliant, Competitive rates, Hassle-free transactions, Global travel support

**Features:** macOS Compatibility, Vision Pro support

**In-app purchases:** none


## Frequently asked questions

### Is Master Transfer free?

Master Transfer is free to download, with no in-app purchases.

### Is Muthoot Forex free?

Muthoot Forex is free to download, with no in-app purchases.

### Do Master Transfer or Muthoot Forex have ads?

Neither Master Transfer nor Muthoot Forex shows ads.

### Which is updated more often, Master Transfer or Muthoot Forex?

Master Transfer ships an update every 2 months, and Muthoot Forex every 5 months. Most recently, Master Transfer was updated on November 4, 2026 and Muthoot Forex on November 3, 2026.

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*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*