Vorto Trading Money Transfer Review

Matt Di Vincere (Chief Editor)
Last Edited Nov 14, 2022

Should I use Vorto for money transfers?


  • No fixed fees
  • Huge catalogue of supported currencies
  • Facilitates large transfer up to £1,000,000
  • Forward contracts available up to 10 years


  • A high minimum transfer
  • No mobile app

Services Offered by Vorto

Send Money Abroad to bank account  + 7

Official Website:

Vorto Review: Executive Summary

VortoFX is an online business foreign exchange specialist with some industry recognition, and albeit it has few online reviews - they are generally very good. Vorto FX offer quite a wide and complete functionality for businesses, similarly to leading business foreign exchange services, currency brokers and global payroll providers.
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Updated on Nov 14, 2022
Aggregated User Votes

Not Top 10 Ranked

🏆 3 Industry Awards (2019)

Where is Vorto Available?

Our Top Rated Vorto FX Alternatives

  • Supported Currencies: 120.
  • Clients From: Globally with offices in UK, USA, France, Spain, Ireland, Australia, HK, UAE, Brazil, Gibraltar and Romania.
  • Authorised? Yes, by the FCA.
  • Guidance / Dedicated Dealer: Yes.
  • Online System: Yes, including an app.
  • Strong Point: Credibility, Reputation, Liquidity, Level of Service, Best Credit Rating among Peers.
  • Operating Since 1979 and Maintaining Excellent Reputation Since. An Industry Leader.
  • Rating:
    4.6 /5 on Feefo
    Editorial (Corporate): 99.4%
Currencies Direct Logo
  • Supported Currencies: 59.
  • Clients From: Globally , with the exception of certain U.S states. Offices in UK, EU, USA, Canada, China, South Africa and India.
  • Authorised? Yes, by the FCA.
  • Guidance / Dedicated Dealer: Yes.
  • Online System: Yes, including an app.
  • Strong Point: Superb Service, Experienced Dealers, Batch payments, Forward contracts, Multi-Currency Wallets and Rate Alerts.
  • One of the leading currency brokerages turning over £7.5bn annually.
  • Rating:
    4.8 / 5 on TrustPilot
    Editorial: 97.8%
  • Supported Currencies: 121.
  • Clients From: Only accepts corporate clients & does not accept U.S businesses.
  • Authorised? Yes, by the FCA.
  • Guidance / Dedicated Dealer: Yes.
  • Online System: Yes, including an app.
  • Strong Point: Exchange Rate Margins of 0.25%-0.15% for Large Turnovers.
  • Trading more than $7bn each year.
  • Rating:
    9.8 /10 on Feefo
    Editorial: 91.4%

This review for the Vorto Trading money transfer (VortoFX) company is intended to explain the pros and cons of using it for your money transfer needs. We focus on the important aspects like fees and exchange rates, the quality of the online trading platform, and the level of service provided.

Is Vorto Safe?

Company size:  

Vorto or VortoFX is a small company with just a handful of employees. Vorto Trading is, in fact, a white label solution based on software provided by FXPress Payment Services, who in turn run their own FX brokerage – Plutus FX.

Although Vorto FX has just a small number of employees and were only incorporated in September 2016, Vorto’s four international offices demonstrate they are big enough to facilitate a global clientele. The company is growing rapidly, with a huge scale-up in transfer volumes from only 3 years ago. The management team includes a number of staff with many years of dedicated experience in the foreign exchange industry.

We do however need to be a little sceptical of Vorto’s claim to have four international offices. The fact that Vorto uses software provided by another company for its trading platform, thus completely removing the need for Vorto to have a back or middle office function, would suggest its staff are primarily focused on building and managing client relationships. Its international offices are likely to be virtual offices to aid in the development of sales in each region.

Regulated By: 

Vorto is regulated by the Financial Conduct Authority and HMRC, meaning they have all the necessary licensing and authority to trade from the UK. Additionally, Vorto’s primary banking partners are Natwest and client funds are held in ring-fenced segregated accounts.

Vorto’s underlying software provider FXPress Payment Services Ltd (and whom each Vorto customer agrees to their T&C’s) is also regulated and authorised by the FCA.


Vorto has recently been winning various awards and has generally earned its recognition for its great service. Some of the awards it has won in 2019 include:

  • ACQ5 global awards 2019 – UK cross-border payments solutions provider of the year
  • International finance Awards 2019 – Best emerging payments solution provider.
  • SR 2019 – 50 best companies to watch


Vorto is growing quickly. Whilst it still only has a relatively small team and a handful of offices, it’s scaling quickly and shows no signs of slowing down. Vorto has a straight forward platform that is fully regulated, but it ultimately cannot be seen as reliable or secure as a long-established company that’s held a license for decades. These impressive signs of growth have been widely recognised in 2019 however, with several awards wins.

Vorto Customer Reviews


Vorto Trading has 47 reviews with Trustpilot and a Trustscore of  4.8/5.

  • Great customer service with very friendly support
  • Helped save money when buying a property abroad
  • Professional and impressively efficient


With only 47 reviews on Trustpilot and very few elsewhere, it’s difficult to fully grasp the wide scale experiences of customers when using Vorto. However, with all Vorto Trading reviews being positive and not  a single negative review, it’s clear that Vorto are likely offering a reliable service and has great prospects going into the future.

Vorto Exchange Rates & Fees


No fees, which is likely due to the high-value transfers that are intended

Exchange Rates:

Vorto forex does not state a specific, fixed margin, and thus cannot be relied on or judged regarding its exchange rates.


Minimum transfer of £5,000 and a maximum transfer of £1,000,000.


There are no fixed fees to make payments with Vorto. However, exchange rate margins are not stated – which are very important when sending high-value transfers. It’s possible that in the future, Vorto may consider dropping its very high £5,000 minimum transfer, but it has so far led to a very high standard of business.

Vorto Global Reach & Service


  • Dedicated Dealer: Yes – designated trader to best manage your requirements
  • Offices: Liverpool (UK), Shanghai (China) and Hong Kong, Cape Town (SA)
  • Ways to approach: Phone or email
  • Translations: English and Mandarin
  • Accepts clients: Global
  • Currencies Handled: Over 140 currencies
  • Client reviews: 4.8/5 (Trustpilot) out of 47 reviews


The global reach of Vorto is very strong. With offices in China, South Africa and the UK, they are able to handle international clients with no issues. What’s more impressive is the 140+ supported currencies as well as having a dedicated dealer, meaning that most clients are guaranteed that they will facilitate their intended transfer.

Additional Functionalities

Offers Forwards up to 10 years on major currencies, as well as margin-free Forwards.  Spot, Fixed Forward, Window Forward, and Market Order transfers are all possible with Vorto.

Vorto also has many other services on offer, not just forex. In fact, FX is only one of around 6 departments of the business. Vorto also offers business funding (i.e. invoice factoring potentially through a 3rd party partner), custodian services, prepaid cards, e-money bank accounts and payroll services.


Vorto FX are offering a wide variety of sophisticated forex services along with a dedicated dealer, which tends to outperform many of its competitors in terms of support and functionality. Offering forwards up to 10 years is also way above the industry average of 2 years – with this duration the price will certainly have to be right for them to consider offering long dated forwards!

Vorto Trading Review Summary

Bottom Line:

With a high minimum transfer of £5,000 – you want to be sure what you’re getting for your money, and we would like to have a lot more information about Vorto Trading international payments before we consider making a recommendation about them. Everything seems to be in line with the industry standards for 2020, but other than impressive global reach, there is nothing setting Vorto apart from its competition and we don’t have nearly enough client reviews online to make up our mind about the quality of its services.