Limit Order

A set limit order enables you to set the minimum or maximum price from which you want to sell or buy currency. This lets you benefit from rate fluctuations beyond trading hours and wait to your desired rate.

Limit Orders are perfect for clients who’ve another payment to produce but who still need time to achieve a better exchange rate compared to current spot price ahead of the payment should be settled.

N.B. when locating a what is stop order and limit order there is a contractual obligation so that you can honour the agreement while we are able to book with the rate that you’ve specified.
Stop Order

An end order allows you to attempt a ‘worst case scenario’ and protect your net profit if the market would have been to move against you. You are able to set up a limit order that will be automatically triggered when the market breaches your stop price and Indigo will purchase your currency at this price to successfully don’t encounter an even worse exchange rate if you want to create your payment.

The stop permits you to take advantage of your extended time period to acquire the currency hopefully with a higher rate but additionally protect you in the event the market ended up being to opposed to you.

N.B. when placing Stop order there exists a contractual obligation so that you can honour the agreement while we are able to book the pace your stop order price.
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