FX

Master the Global Market with Verto FX

Unlock unparalleled control over your finances with Verto's comprehensive FX solutions, designed to cater to businesses trading in African and global currencies.

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Access Competitive FX Rates and Tailored Solutions

Trade key African and global currencies with instant, competitive rates and personalized OTC services. Ensure optimal pricing and business continuity with our dynamic FX marketplace and advanced liquidity solutions.

Spot FX
Instant and Bank-beating Spot FX Rates

Access real-time forex rates and trade instantly at competitive prices. Trade key African currencies (NGN, KES, TZS, UGX, XAF, XOF, ZAR) and major global currencies (USD, GBP, EUR).

Over-the-Counter (OTC)
Tailored OTC Solutions for Large Transactions

Benefit from a personalised service and bespoke pricing for your high-volume foreign exchange needs. Access tailored rates and services that suit your specific transaction volumes and requirements.

FX Marketplace
Dynamic FX Marketplace for Optimal Rates

Leverage our FX Marketplace to find competitive rates from a network of providers. Compare offers to ensure optimal pricing and execute trades instantly.

Optimize Your Foreign Exchange

Efficiently manage your foreign exchange exposure and mitigate risks with our comprehensive FX management solutions.

Save on Fees

Lower fees compared to traditional banks and other platforms.

Global Reach

Conduct business anywhere with extensive multi-currency support.

Efficiency

Streamline payments and transactions, saving you time.

Security

State-of-the-art security measures to keep your funds safe.

Extensive Coverage of African and Global Currencies

Trade confidently in African (NGN, KES, TZS, UGX, XAF, XOF, ZAR) and global (USD, GBP, EUR) currencies, leveraging our deep understanding of African markets.

Discover how businesses are thriving with Verto's FX solutions

"Thanks to Verto, Target Mart enjoys the peace of mind of booking a transaction at 7 PM and having funds transferred to an overseas supplier by the next morning. This seamless process ensures timely payments and enhances our operational efficiency."
"The first word that comes to mind when describing Verto is dependable. In two years, as Sun King expands into more African markets to provide off-grid solar solutions, we trust Verto will grow with us, consistently facilitating our international payments without fail."
"Ease of payment is crucial for our customer's experience. Verto’s API integration has automated and streamlined our foreign currency transactions, and their Payout service ensures optimal value for our customers."
"We needed a cross-border payments partner with broad currency coverage and efficient payout capabilities. Verto's FX and Payout API enables us to pay influencers in over 190 countries effortlessly. Their solution has been instrumental in our global expansion, simplifying payments while saving on FX costs."

FAQs on Verto's FX

How do I convert money with Verto?

We have a few different ways to convert money with Verto:

  1. Exchange Now - Instantly convert money in your Verto business account to another currency and make a payment.

  2. Exchange Deal - Lock in a conversion rate and payment even if you don't have money in your Verto account yet, then transfer the money to your Verto business account.

  3. Exchange between wallets - Convert money in your Verto account to another Verto wallet in a different currency with one click.

  4. Marketplace - Convert money in your Verto account by trading with other Verto users. 

  5. OTC - Convert money in your Verto account by connecting with our trading desk

How does Exchange Now work, and what advantages does it offer for immediate currency exchanges?

Exchange Now lets you instantly convert money in your Verto wallet to another currency and pay to your or your suppliers' bank account. Enjoy low transfer fees, a guaranteed exchange rate, and instant payouts in just 3 clicks.

What is Exchange Deal, and how can it help my cross-border payment and FX challenges?

Exchange Deal gives you the power to lock in an amount, conversion, and payment, without having enough money in your Verto account to pay for it! You will be given a set amount of time to pay for the conversion (usually 24 hours). When we receive the money for the conversion and payment, the payment will go through automatically - you only need to log in once and 3 clicks, then you can relax in the knowledge that your payment will go through without any further action from you!

What is OTC (Over-the-Counter) trading, and how does it benefit my company compared to traditional exchanges?

OTC FX deals are negotiated via email or WhatsApp with a member of the Verto FX trading team. The OTC trading platform is open to those companies looking to trade in excess of 20 million USD per month. These trades are usually booked on demand and over personalised communication with a dedicated FX dealer.

How does the FX Marketplace operate, and what unique features does it offer for currency trading?

Verto's Marketplace is a peer-to-peer (P2P) foreign exchange solution for businesses. It's designed to connect businesses with a network of vetted counterparties to trade up to 14 global currencies at their desired rates. On Verto's Marketplace, you can set your own exchange rates, negotiate the best rates with a wider pool of counterparties and complete currency swaps within 24 hours.

What is Advanced Liquidity, and how can it improve my business's financial operations?

Advanced liquidity helps your business’s cash flow by allowing you to utilise the money of an FX.

How does Verto handle transactions and liquidity management for African currencies like NGN, KES, TZS, UGX, XAF, XOF, ZAR?

Verto provides a uniquely secure and fast way to convert both from and to NGN, KES, TZS, UGX, XAF, XOF, ZAR. This allows you to instantly access liquidity in these currencies. We can provide local bank account details in these currencies, ensuring you and your customers can access lightning fast local payment systems (e.g. NIBBS in Nigeria), and get convert instantly between these hard to reach currencies.

How secure is the platform, and what measures are in place to protect my business's transactions?

VertoFX is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011, for the issuing of electronic money and provision of payment services. We adhere to The Money Laundering Regulations 2017, as well as The Terrorism Act 2006 and the Terrorism Act 2000 and Proceeds of Crime Act. We also have an extremely robust compliance system which ensures that your money is secure and untouchable.

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Centralise all your currency management in one place for confident financial control and streamlined operations.

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Simplify international transactions with our multi-currency business account

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Give your customers the ability to do business with emerging markets through our suite of embedded and API solutions.

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