Limit Order

A set limit order lets you set the minimum or maximum price from which you want to purchase or sell currency. This allows you to reap the benefits of rate fluctuations beyond trading hours and delay for your desired rate.

Limit Orders are best for clients who have an upcoming payment to produce but who continue to have time for you to achieve a better exchange rate compared to current spot price ahead of the payment should be settled.

N.B. when locating a limit stop 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 permits you to chance a ‘worst case scenario’ and protect your bottom line if the market was to move against you. You can set up a limit order that will be automatically triggered if your market breaches your stop price and Indigo will get your currency as of this price to ensure that you usually do not encounter a much worse exchange rate when you require to generate your payment.

The stop allows you to benefit from your extended period of time to get the currency hopefully in a higher rate but additionally protect you in the event the market was to oppose you.

N.B. when placing Stop order there exists a contractual obligation so that you can honour the agreement when we’re capable to book the speed for your stop order price.
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