The present invention discloses a vibration motor and a portable device. The motor comprises: a housing, comprising an upper cover and a lower housing connected to each other, an FPCB being inserted in the lower housing, a cavity being arranged inside the housing, and a coil and a vibration system being accommodated in the cavity, wherein the vibration system comprises a vibrator and an elastic support, a magnetic gap is arranged in the vibrator, a first end of the elastic support is connected to the vibrator, and a second end of the elastic support is connected to the housing; and a first end of the coil is fixed at the lower housing, a second end of the coil is inserted in the magnetic gap, and the coil is in signal connection with an external circuit through the FPCB.