Review: Spartan FX international money transfers

No fees, competitive rates and highly praised customer service make this a strong contender.

  • Good if you’re looking for personal service, good rates and no fees
  • Not so good if you only want to send a small amount of money

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Fees (pay by bank transfer)


Minimum transfer amount

No limit

Maximum transfer amount


Product NameSpartanFX
Pay byBank transfer
Receiving optionsBank account
Customer servicePhone, Email
Bank account required?Yes
Personal account manager?Yes

Review by

Anna Kierstan is an associate editor at Finder, specialising in money transfers and cryptocurrency. She has more than 15 years’ experience in publishing and journalism, working as an editor for brands including HSBC, Which?, NFU Mutual, Weight Watchers and AXA. She has a first-class degree in Linguistics and Philosophy from University College London and Masters degrees in Journalism and Translation. She likes to collect art and animals.

Expert review

Spartan FX offers easy, fast and secure international transfers in over 40 currencies, with a best exchange rate guarantee and no hidden fees or commission.

It prides itself on its personal service – in fact, everyone gets assigned a dedicated account manager when they sign up to an account. They can arrange the transfer for you, or you can sort it through your own online account. Transfers are same-day or within one to two days, and you have the option to lock in exchange rates for up to a year.

Why should I consider Spartan FX?

  • No hidden fees. Buying your currency is completely transparent.
  • Competitive exchange rates. Spartan FX’s best exchange rate guarantee means you get a good deal for your transfer.
  • Multiple transfer options. Options include setting up regular payments and locking in an exchange rate for up to a year.
  • 24/7 access. Use the online account to make transfers, payments and access your information any hour of the day.
  • Bespoke service. On signing up you’ll be assigned an experienced personal account manager who can sort everything out for you if you’d rather.
  • Highly rated customer support. The team is praised for its speed, expertise and helpfulness in online user reviews.

What to watch out for

  • Limited currencies supported. It only deals in 40 currencies, and you can’t send money to many countries in Africa or Asia, including India and China.
  • Minimum £1,000 transfer. It might not be great if you want to only send small amounts.
  • No cash. You can only pay for transfers and recipients can only receive money through bank transfer.

Spartan FX’s exchange rates and fees

Spartan FX doesn’t charge any fees and instead makes its money by adding a small margin to the mid-market exchange rate. This means its exchange rate won’t be as good as the ones you can see on Google or websites like Xe – but it says it offers a best exchange rate guarantee, so you should get a good deal and definitely much better than what banks could offer.

How long does a Spartan FX money transfer take?

This all depends on where you want to send the money to. Popular currencies, such as EUR and USD, should arrive the same day they are transferred, while other more exotic currencies will arrive either the next day or within two working days.

Each currency has an international cut-off point to send it out on that day, so it’s always best to check with one of the dealing team how long a payment will take and by what time they’ll need to receive your funds in order to send it that day.

Which currencies can I send with Spartan FX?

Spartan FX can transfer over 40 currencies to more than 200 destinations worldwide. Some of the most popular currencies include:

  • AUD Australian dollar
  • CAD Canadian dollar
  • EUR euro
  • JPY Japanese yen
  • NOK Norwegian krone
  • NZD New Zealand dollar
  • SEK Swedish krona
  • USD US dollar

Is Spartan FX safe to use?

Spartan FX is authorised by the Financial Conduct Authority (FCA) in the UK.

  • Part of the FCA’s regulation requires Spartan FX to keep its customers’ funds separate from its own, in order to protect its users’ money if the company runs into financial difficulties.
  • Clients can also have their own segregated account in their own name for additional peace of mind.

What Spartan FX’s reviews say

  • Feefo: 5 out of 5, based on 160 customer reviews.

Reviews accurate as of 18 December 2020.

Spartan FX has much praise for its team’s “professional”, “speedy”, “friendly and helpful” service and also the competitive rates. We couldn’t find any negative comments.

Common money transfer scams and how to stay safe

Which payment methods does Spartan FX accept?

All funds must be transferred to Spartan FX via bank transfer. It cannot accept any cash payments.

What are the ways I can send money with Spartan FX?

The money will be sent via bank transfer to your recipient’s bank account. Spartan FX offers a number of options for when you’d like the transfer to take place:

  • Spot contracts. Make a one-off transfer immediately or up to five days in advance.
  • Regular transfers. Set up automated payments online or over the phone.
  • Forward contracts. Lock in an exchange rate now and pay later for a transaction that will take place in up to one year’s time.
  • Market orders. Make multiple or batch payments to regular or new payees

What do I need to send money online through Spartan FX?

To send money through Spartan FX, you’ll need the following:

  • A Spartan FX account. It’s free to register for a Spartan FX account and shouldn’t take too long to sign up once you’ve uploaded your proof of ID.
  • Valid payment. Send the funds over by bank transfer. Your agent will give you the details of the account to send it to.
  • Recipient’s name and contact information. To make sure your transfer goes smoothly, have your recipient’s legal name, bank account information and contact information ready when setting up your transfer.
  • Valid identification. This usually must include your photograph, your full name and date of birth. Typically accepted forms of ID include:
    • UK or international passport
    • UK driver’s licence

Once your account is open you’ll be assigned a personal account manager who will discuss your individual requirements and give you all the available options.

How do I make my first transfer with Spartan FX?

Here’s how to make your first transfer:

  1. Create an account. It’s free and quick to register.
  2. Secure your rate. Get in touch with Spartan FX to secure your conversion at the best live rate available. Once this is secured, the team will send you a trade confirmation.
  3. Arrange your transfer. You can then either log in to your account and add a beneficiary for your payment, or you can provide their details to the team who will set the outgoing payment.
  4. Pay for your currency. You pay by bank transfer directly into Spartan FX’s client account.
  5. Transfer complete. Spartan FX will send your money to the recipient and keep you posted on its progress.
Blue icon of forms

My experience with signing up

It was easy to sign up and upload the photo ID, and then I just had to wait for the ID to be confirmed through the compliance process.

How to track a Spartan FX transfer

You can track your transfer and see a history of previous payments by logging in to your online trading account. You can also call the team on 020 3984 0450 for an update.

How does Spartan FX compare to other services?

Table: sorted by promoted deals first
Our table below lets you compare services you can use to send money abroad. Compare fees, exchange rates and discounts from different money transfer services, and when you have made your choice, click Go to site.
1 - 20 of 22
Name Product Filter values Fastest transfer speed Fees (pay by bank transfer) Learn more
24 hours

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TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.
Wise (TransferWise)
4 hours
From £3.75

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Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies.
24 hours

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OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.
Key Currency
24 hours

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Make same-day transfers in all major currencies across Europe.
24 hours

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CurrencyTransfer lets you shop around for the best exchange rate on its online marketplace.
Currencies Direct
24 hours

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CurrenciesDirect makes transferring money abroad simple with bank-beating exchange rates.
Within minutes
SPECIAL OFFER ✓ £25 Amazon voucher when you refer a friend

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Xe has fast transfers with low fees and a range of foreign currency tools.
Within minutes
From £0.99

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Get the first 2 transfers for free. Refer PassTo to 3 friends to earn £50 once they each make a transfer of £200 or more. They'll earn £5 too.
PassTo specialises in remittances to bank accounts and cash pickup locations in 45+ countries.
Atlantic Money (iPhone only)
Within minutes

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Within minutes
From £1.49
SPECIAL OFFER ✓ Get £10 off with code FINDER

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Remitly has quick, affordable transfers around the world, with both express and economy options.
24 hours

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Special offer: New customers get unlimited fee-free transfers for their first 3 months. T&Cs apply.
CurrencyFair has bank-beating exchange rates and fast transfer times on 15+ popular currencies.
Within minutes
From £0
SPECIAL OFFER ✓ Sign up and get a free £10 top-up plus 1 month of Revolut Premium

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New customers get a £10 top-up when they sign up with Finder plus a premium month for free. T&Cs apply.
Revolut is a digital bank that sends money fast to 30+ currencies, often with no fee added to the exchange rate.
Within minutes
From £1.99
SPECIAL OFFER ✓ Use promo code 4FREEFINDER to send your first 4 transfers with no fee. Conditions apply.

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WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
Airwallex multi-currency business account
Within minutes

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Make business transfers to 130+ countries in 30+ currencies without international fees.
TorFX Business
24 hours

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TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.
Currencies Direct Business
24 hours

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CurrenciesDirect makes transferring money abroad simple with bank-beating exchange rates.
OFX Business
24 hours

View details
OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.
CurrencyFair Business
24 hours

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Special offer: Zero fees on your first 10 transfers.
CurrencyFair has bank-beating exchange rates and fast transfer times on 15+ popular currencies.
WorldFirst Business
24 hours

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WorldFirst sends 60+ currencies at competitive rates with no fees. If you find a better eligible quote, WorldFirst will beat it.
Wise (TransferWise) Business
2 days
From £3.75

View details
Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies.

Compare up to 4 providers

Bottom line

If you’re looking for personal service, good exchange rates and no hidden fees then Spartan FX is definitely worth considering. However, it only deals with around 40 currencies, so make sure it covers where you want to send money to.

Also it’s worth shopping around first, because there are many money transfer alternatives out there, so use our guide to compare the fees, rates and details to find the best one for your transfer.

Frequently asked questions

Is there a Spartan FX app?

No, Spartan FX doesn’t have an app.

Does Spartan FX offer business transfers?

Yes. Spartan FX has a corporate services team who can work with you on any business transfers, such as paying salaries and invoices.

How do I contact customer support?

For personal transfers call 020 3984 0450, and for business transfers call 020 3984 0440 between 8.30am and 7.30pm on Mondays to Fridays. Or alternatively you can email

How can I cancel my Spartan FX transaction?

You need to contact the team as soon as possible. One of them can cancel the transfer for you, but this may incur a cost that you’re liable for.

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