Limit Order

A limit order lets you set the minimum or maximum price of which you desire to purchase or sell currency. This enables you to reap the benefits of rate fluctuations beyond trading hours and hold out to your desired rate.

Limit Orders are perfect for clients that have the next payment to produce but who continue to have time and energy to have a better exchange rate compared to the current spot price prior to payment should be settled.

N.B. when putting a difference between limit and stop orders you will find there’s contractual obligation for you to honour the agreement while we are capable to book in the rate that you’ve specified.
Stop Order

A stop order allows you to manage a ‘worst case scenario’ and protect your main point here if your market ended up being move against you. It is possible to generate a limit order that is to be automatically triggered if the market breaches your stop price and Indigo will purchase currency at this price to make sure you do not encounter a good worse exchange rate if you want to create your payment.

The stop lets you reap the benefits of your extended time period to buy the currency hopefully at a higher rate but also protect you in the event the market ended up being 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 rate your stop order price.
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