Limit Order

A limit order permits you to set the minimum or maximum price at which you would like to purchase or sell currency. This lets you make the most of rate fluctuations beyond trading hours and hold on for your desired rate.

Limit Orders are best for clients who’ve a future payment to create but who still need time to have a better exchange rate than the current spot price prior to payment has to be settled.

N.B. when putting a limit vs. stop order there is a contractual obligation for you to honour the agreement while we are capable of book at the rate that you’ve specified.
Stop Order

An end order allows you to attempt a ‘worst case scenario’ and protect your bottom line in the event the market ended up being move against you. You can start a limit order which will be automatically triggered when the market breaches your stop price and Indigo will buy your currency only at that price to successfully tend not to encounter a good worse exchange rate when you need to generate your payment.

The stop permits you to take advantage of your extended time period to purchase the currency hopefully with a higher rate but also protect you if your market was to opposed to you.

N.B. when locating a Stop order there exists a contractual obligation that you can honour the agreement if we are capable to book the rate at the stop order price.
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