Search engine for touristic excursions to any place in the world Limit Order
A set limit order enables you to set the minimum or maximum price at which you desire to purchase or sell currency. This lets you make the most of rate fluctuations beyond trading hours and hold on for your desired rate.
Limit Orders are ideal for clients who may have an upcoming payment to create but who still need time for you to gain a better exchange rate compared to the current spot price prior to payment needs to be settled.
N.B. when locating a stop limit buy order there’s a contractual obligation that you should honour the agreement if we are in a position to book at the rate that you’ve specified.
Stop Order
An end order allows you to run a ‘worst case scenario’ and protect your bottom line if your market was to move against you. You can start a limit order that’ll be automatically triggered if your market breaches your stop price and Indigo will purchase currency with this price to successfully don’t encounter a level worse exchange rate if you want to make your payment.
The stop allows you to make the most of your extended period of time to acquire the currency hopefully at a higher rate and also protect you in the event the market ended up being opposed to you.
N.B. when putting a Stop order there is a contractual obligation so that you can honour the agreement as able to book the speed at your stop order price.
To get more information about what is stop limit order visit the best webpage: click here