Limit Order

An established limit order permits you to set the minimum or maximum price from which you would want to purchase or sell currency. This enables you to make the most of rate fluctuations beyond trading hours and wait for your desired rate.

Limit Orders are fantastic for clients that have an upcoming payment to create but who still have time for you to have a better exchange rate compared to the current spot price prior to payment has to be settled.

N.B. when putting a what is limit order to buy there exists a contractual obligation for you to honour the agreement when we’re capable to book with the rate that you have specified.
Stop Order

An end order lets you manage a ‘worst case scenario’ and protect your important thing if your market ended up being to move against you. You’ll be able to create 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 level worse exchange rate if you want to create your payment.

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

N.B. when locating a Stop order there exists a contractual obligation for you to honour the agreement while we are in a position to book the rate your stop order price.
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