It’s a fast moving world. Markets fluctuate. Positions change. Our range of contract options help you to adapt and thrive in every type of situation that your business might face. Compete effectively and protect yourself in what can be a turbulent marketplace.
1. Spot contract
The spot contract is the quickest and simplest way to buy and sell currency. You simply exchange one currency for another, whenever you need it.
2. Forward contract
The forward contract can help protect businesses from market volatility and is useful for managing your currency exposure. You can fix the price now for a transaction that will take place up to two years in the future, allowing you to forecast cash-flow and lock in the exact value of the currency to be paid regardless of market fluctuations.
3. Limit order
Work the markets with a limit order, specifying the exchange rate you need to achieve. This could be a price that is currently unavailable. If the markets move favourably and exceed this price, your currency will automatically be purchased – meaning you get the price you want.
4. Stop loss order
Safeguard your business from a sudden drop in exchange rates by using a stop loss order. This instructs your broker to buy if the exchange rate goes down to a pre-determined level. Combine with a limit order for effective budgeting and forecasting.open a business account