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Federation of Small Businesses MTD vs FEXCO: Which Is Better Accounting Software?


Last Updated: 20 May 2025
Reviewed By: Ian Wright (Managing Director)

Which accounting software is better Federation of Small Businesses MTD or FEXCO?

We compare them based on real user reviews, prices and what features they both offer.

Federation of Small Businesses MTD homepageFEXCO homepage
 

Federation of Small Businesses MTD vs FEXCO Basics

Federation of Small Businesses MTDFEXCO
Software WebsiteFederation of Small Businesses MTD WebsiteFEXCO Website
HMRC MTD StatusIn DevelopmentNot Included
Who Can Use It?BusinessesBusinesses
HMRC Listed FeaturesNoneEmployee expense automation
PlatformsWeb-based application, Android, and iOSAll/web based
Note data for this section comes from HMRC here and here

Federation of Small Businesses MTD vs FEXCO Reviews

Wondering if Federation of Small Businesses MTD or FEXCO has better user reviews. We compared them below.

Federation of Small Businesses MTDFEXCO
Trustpilot RatingNo RatingNo Rating
Number of Trustpilot ReviewsNo ReviewsNo Reviews
iPhone App RatingNo RatingNo Rating
Number of iPhone ReviewsNo ReviewsNo Reviews
Android App RatingNo RatingNo Rating
Number of Android ReviewsNo ReviewsNo Reviews
Please note ratings we’re accurate at the time of writing but may have since changed

Federation of Small Businesses MTD vs FEXCO Prices

Which is cheaper Federation of Small Businesses MTD or FEXCO? Here are their prices compared.

Federation of Small Businesses MTD pricingFEXCO pricing

Free Plans & Trials

Federation of Small Businesses MTDFEXCO
Free Plan?YesNo
Free Trial?NoNo
Free Trial Length?NoNo
Data taken from each company’s website at the time of writing but may have since changed.

Paid Plan Prices

Federation of Small Businesses MTDFEXCO
Cheapest Plan Cost Per Month£8.40Not Listed
Mid-Tier Plan Cost Per Month£16.80NA
Top Plan Cost Per Month£30.00NA
Data taken from each company’s website at the time of writing but may have since changed.

Federation of Small Businesses MTD vs FEXCO Features

Federation of Small Businesses MTD featuresFEXCO features

Federation of Small Businesses MTD Basic Features

  • 1 Free User (Fixed)
  • 100MB (Fixed)
  • Embedded Video Tutorials
  • Email & Telephone Support
  • Access to FSB Support Centre

Federation of Small Businesses MTD Software Integrations

Not Listed

FEXCO Basic Features

  • Currency Conversion Solutions
  • International Payments
  • Outsourcing Services
  • Retail FX
  • Asset Finance
  • Strategic Business Development

FEXCO Software Integrations

  • Agresso
  • Oracle
  • SAP

Common Feature Comparison

Federation of Small Businesses MTDFEXCO
Payroll Software IntegrationNoNo
Track VATYesNo
VAT FilingYesNo
Real-Time Financial ReportsNoYes
Prepare Self AssessmentYesNo
Income Tax EstimatesYesNo
Manage Income & ExpensesYesNo
Create InvoicesYesNo
Forecast Cash FlowNoYes
Accept and Make Payments In Different CurrenciesNoYes
Employee Time TrackingYesNo
ProjectsNoNo
Bank Feed IntegrationYesYes
End of Year FilingsNoNo
Capture Bills And ReceiptsYesNo
Bulk Reconcile TransactionsYesYes
Track Inventory & Stock LevelsNoNo

Federation of Small Businesses MTDFEXCO
Pros
  • Free plan
  • MTD VAT compliant
  • Create simple or multi-line estimates
  • Dynamic Currency Conversion
  • Leading retail provider of FX services across the UK and Ireland
  • Omnichannel solutions for card payments and alternative payment methods
Cons
  • Lack of reviews
  • Lack of reviews
  • No app
  • No pricing on website

More Comparisons

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Federation of Small Businesses MTD vs Monzia

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