Comparison

Muthoot Forex vs Minamoney

Price, ratings, monetisation and update history for both apps, side by side โ€” with what reviewers say about each.

Head to head
About

Muthoot Forex

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
Read full description

Forex & Outward Remittance services by Muthoot Forexare strictly executed as per the guidelines of RBI. With simplified foreign exchange services, our customers are empowered to travel anywhere in the world without having to worry about the availability of currency. Muthoot Foreign Exchange offers hassle-free currency exchange & outward remittance services at highly competitive rates

About

Minamoney

Features
Read full description

Mina provides a highly trusted online money transfer and currency conversion service - Free multi currency accounts - No commission or hidden transfer fees - Guarantee best exchange rate - FCA Registered - Send money abroad instantly - Best Rate for Egypt 41.00 EGP per ยฃ Sterling

Screenshots

Muthoot Forex4 screens
Minamoney4 screens

Verdict

The call

The clearest difference is update cadence: Minamoney at every 10 days against Muthoot Forex's every 5 months. Minamoney also leads on iOS requirement (11.0 vs 13.0). On price, ads, in-app purchases and device support there is nothing between them.

Scored on Price ยท Rating ยท Positive reviews ยท Number of ratings ยท Update frequency ยท Ads ยท In-app purchases ยท Monetization ยท Best chart rank ยท Devices ยท Requires iOS

CostPrice ยท In-app purchases ยท Ads ยท Monetization

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

UpkeepUpdate frequency

Muthoot Forex ships an update every 5 months, Minamoney every 10 days. The most recent releases landed on October 7, 2026 and October 27, 2026 respectively.

Scorecard2 real differences ยท 6 level
Muthoot Forex versus Minamoney: the parameters behind the verdict, then further details
ParameterMuthoot ForexMinamoney
PriceFreeFree
Positive reviews100.0% of reviewsโ€”
Update frequencyEvery 5 monthsEvery 10 days โ€” better
AdsNoNo
In-app purchasesNoNo
MonetizationFreeโ€”
DevicesiPhone, iPodiPhone, iPad, iPod โ€” better
Requires iOS13.011.0 โ€” better
Further details โ€” not scored
Size16 MB39 MB
Age rating4+4+
DeveloperMuthoot Finance LimitedMinaexpress

In-app purchases

None

Muthoot Forex

No in-app purchases

None

Minamoney

No in-app purchases

Questions

Is Muthoot Forex free?
Muthoot Forex is free to download, with no in-app purchases.
Is Minamoney free?
Minamoney is free to download, with no in-app purchases.
Do Muthoot Forex or Minamoney have ads?
Neither Muthoot Forex nor Minamoney shows ads.
Which is updated more often, Muthoot Forex or Minamoney?
Muthoot Forex ships an update every 5 months, and Minamoney every 10 days. Most recently, Muthoot Forex was updated on October 7, 2026 and Minamoney on October 27, 2026.

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