So how exactly does market Order function?

Limit Order

A restriction order allows you to set the minimum or maximum price of which you want to purchase and sell currency. This lets you take advantage of rate fluctuations beyond trading hours and hold out for your desired rate.


Limit Orders are perfect for clients that have another payment to produce but who have time to achieve a better exchange rate compared to the current spot price prior to the payment needs to be settled.

N.B. when placing what is stop market order there’s a contractual obligation that you should honour the agreement while we are capable of book in the rate that you’ve specified.
Stop Order

An end order permits you to manage a ‘worst case scenario’ and protect your bottom line if the market would have been to move against you. You’ll be able to set up a limit order that’ll be automatically triggered when the market breaches your stop price and Indigo will purchase currency only at that price to actually don’t encounter a much worse exchange rate when you require to create your payment.

The stop permits you to make the most of your extended timeframe to buy the currency hopefully at the higher rate but in addition protect you when the market was to go against you.

N.B. when placing a Stop order there’s a contractual obligation for you to honour the agreement if we are able to book the rate for your stop order price.
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