Limit Order

A restriction order enables you to set the minimum or maximum price at which you would want to purchase or sell currency. This allows you to take advantage of rate fluctuations beyond trading hours and wait to your desired rate.

Limit Orders are best for clients that have the next payment to create but who have time to gain a better exchange rate compared to current spot price before the payment has to be settled.

N.B. when locating a stop order example there’s a contractual obligation for you to honour the agreement when we’re capable of book in the rate that you have specified.
Stop Order

An end order allows you to chance a ‘worst case scenario’ and protect your net profit in the event the market was to move against you. You are able to create a limit order that will be automatically triggered when the market breaches your stop price and Indigo will purchase your currency with this price to successfully don’t encounter an even worse exchange rate when you require to produce your payment.

The stop permits you to take advantage of your extended time period to acquire the currency hopefully with a higher rate and also protect you when the market was to go against you.

N.B. when locating a Stop order there is a contractual obligation so that you can honour the agreement while we are capable of book the interest rate your stop order price.
Check out about how does a limit order work you can check our internet page: click for more