FindMyFX
← Broker directory

Broker profile

RE

Remitly Review: Is It Legit and Regulated?

Remitly, Inc.

US Operating period unverified

FindMyFX score

critical risk

3.4/10

0 Score out of 10 10
Independent assessment Updated 2026-07-28

Contact & regulation

Official website
remitly.com
Address
401 Union Street, Suite 1000, Seattle, WA 98101, United States
Contact
401 Union Street, Suite 1000, Seattle, WA 98101, United States
Primary license
NYDFS · Unverified

Missing values mean the information has not been verified or published yet—not that the broker does not provide it.

Quick verdict

Is Remitly legit and regulated?

FindMyFX has license records for Remitly, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.

This is a source-limited research summary, not a safety guarantee or investment recommendation.

Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.

Broker-provided company information

Remitly, Inc. provides international money-transfer and currency-conversion services through web and mobile channels.

Professional broker overview

FindMyFX editorial summary

Remitly, Inc. publishes United States money-transmitter licensing information, including NMLS number 1028236 and a Seattle registered address. Its official licensing page identifies money-transmitter or equivalent permissions in several US jurisdictions. The reviewed service is an international remittance platform, so leveraged forex accounts, leverage and typical trading spreads are not provided.

Prepared from reviewed sources for informational purposes. This is not investment advice.

Editorial note: Licensing and product availability vary by sending and receiving jurisdiction; the reviewed US licence page does not represent every global entity.

Operational status
active
Broker type
unknown
Execution model
International remittance and currency-conversion service with corridor-specific funding and payout methods.
Support hours
Not verified

Documented advantages

  • The official US licence page identifies the legal entity, NMLS number, registered address and named state licence types.
  • The service publishes jurisdiction-specific transfer routes and delivery methods.

Documented limitations

  • Fees and exchange rates vary by corridor and transaction.
  • No leveraged-forex leverage or trading-spread schedule is published.
100%coverage

Published profile coverage

8 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.

Company structure

Legal entities

Registered companies associated with this broker profile.

1 entity

Remitly, Inc.

Primary
US Registration not shown

Markets and instruments

Currency conversion

unverified

international money transfers

unverified

Deposit and withdrawal methods

bank account

unverified

Deposit: Yes · Withdrawal: Yes

Processing time not shown · Fees and exchange rates vary by corridor.

cash pickup

unverified

Deposit: No · Withdrawal: Yes

Processing time not shown · Availability varies by receiving country.

mobile wallet

unverified

Deposit: No · Withdrawal: Yes

Processing time not shown · Availability varies by receiving country.

payment card

unverified

Deposit: Yes · Withdrawal: Yes

Processing time not shown · Availability varies by corridor.

Licenses and regulators

NYDFS

No license number

unverified

Last verified: Not shown

Type: Money Transmitter licence
Client class: Not shown
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown
Open official register ↗

NMLS

1028236

unverified

Last verified: Not shown

Type: Money transmitter registration
Client class: Not shown
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown
Open official register ↗

Score components

Regulation and licenses

5.0/10 · 35%

The official licence page lists several US permissions and NMLS 1028236, but direct state register records were not individually reviewed.

Security and track record

2.5/10 · 20%

Licensing is documented, but no independent long-term incident record was assessed.

Trading conditions

2.5/10 · 15%

Core transfer functions are documented, while corridor-specific fees prevent a single comparable forex cost.

Company transparency

7.5/10 · 10%

The official licence page identifies the company, registered address and licensing references.

Service quality

0.0/10 · 10%

No verified service-quality dataset was reviewed.

Verified user reviews

0.0/10 · 10%

No verified user-review dataset was reviewed.

Profile update history

Broker profile was published.

2026-07-28

Related regulated broker profiles

These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.