Which of our 4 contract options you choose will depend on whether your priority is speed, a specific exchange rate or minimising your risk. All our contract options are execution only and non-speculative so you can guarantee your funds are safe.
Our experienced currency dealers are happy to explain the options available to you. Simply request a call back.
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Spot Contract
When you need your currency transmitted fast
Once the contract is agreed you need to get the money to us within 2 working days. When payment clears we arrange onward payment to the specified beneficiary. Internationally funds are sent via SWIFT – the fastest international payment method.
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Forward Contract
When you want a fixed exchange rate for up to 2 years
You pay a small deposit to fix the exchange rate. Once the contract is agreed, regardless of market fluctuations, you know exactly how much currency you are buying. Perfect if you want to budget and protect yourself from market volatility.
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Limit Order
When you have a target exchange rate and timing isn’t crucial
Placing a Limit Order means that when the market moves to your specified rate, our system automatically purchases your currency, letting us work as your eyes and ears in the market.
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Stop Loss
When you don’t want to trade below a certain exchange rate and timing isn’t crucial
This allows you to protect yourself against adverse market movement by putting a lower limit on the price at which you are willing to buy. If the market drops to that level, you have guaranteed that you will get an exchange rate no lower than the one you specified.
