How It Works

FxPortal offers a smarter and more secure approach to foreign exchange by enabling real-time price discovery across multiple vetted local brokers—ensuring you get the most competitive FX rates available in the market.

Simply select your currency pair and transaction amount to view a list of vetted brokers, along with their offered exchange rates and user ratings based on past transactions.

While individual brokers often offer better rates than major platforms like LEMFI or Ohentpay, trading directly with them carries significant risks—such as delayed settlements, lack of accountability, or in some cases, outright fraud.

FxPortal eliminates these risks by operating as a trusted and curated marketplace where only exclusive rigorous pre-approved brokers can list their exchange rates. To ensure the safety and integrity of each transaction, both clients and brokers are required to deposit funds into a secure escrow account. FxPortal acts as an intermediary to safeguard both parties.

As with any financial exchange service, FxPortal assumes the risk on both sides of the trade. Each counterpart deposits their funds into escrow, ensuring a secure transaction. Once both sides of the trade have been matched, the funds are released to the respective parties.

Once a trade is matched:

• Clients have 30 minutes* to transfer their funds.
• Brokers have up to 1 hour* to deposit their corresponding amount.
• Upon confirmation of both deposits, funds are simultaneously released to each party.

All transactions are expected to be completed within one hour and are insured up to $35,000, provided the transaction is conducted through approved brokers on the platform and all required safeguards are observed.

* Trading day limits apply