Limit Order

A limit order allows you to set the minimum or maximum price where you want to purchase and sell currency. This enables you to reap the benefits of rate fluctuations beyond trading hours and wait on your desired rate.

Limit Orders are fantastic for clients who may have the next payment to generate but who have time and energy to gain a better exchange rate as opposed to current spot price prior to the payment should be settled.

N.B. when placing what is stop market order there’s a contractual obligation so that you can honour the agreement while we are capable to book on the rate that you have specified.
Stop Order

An end order enables you to chance a ‘worst case scenario’ and protect your important thing when the market ended up being to move against you. You’ll be able to generate a limit order that’ll be automatically triggered when the market breaches your stop price and Indigo will purchase your currency with this price to actually tend not to encounter a level worse exchange rate when you require to produce your payment.

The stop allows you to benefit from your extended timeframe to acquire the currency hopefully with a higher rate but also protect you if your market would have been to not in favor of you.

N.B. when putting a Stop order there’s a contractual obligation that you can honour the agreement while we are in a position to book the rate at your stop order price.
More information about stop order buy just go to this useful site: look at more info