Limit Order

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

Limit Orders are best for clients who may have another payment to create but who continue to have time for you to achieve a better exchange rate than the current spot price ahead of the payment has to be settled.

N.B. when putting a different types of stock orders you will find there’s contractual obligation so that you can honour the agreement if we are capable to book at the rate that you’ve specified.
Stop Order

An end order lets you manage a ‘worst case scenario’ and protect your important thing when the market was to move against you. You are able to generate a limit order that is to be automatically triggered when the market breaches your stop price and Indigo will buy your currency with this price to ensure that you tend not to encounter a level worse exchange rate when you require to generate your payment.

The stop enables you to make the most of your extended time frame to acquire the currency hopefully in a higher rate but also protect you when the market would have been to not in favor of you.

N.B. when placing Stop order there is a contractual obligation for you to honour the agreement as able to book the rate for your stop order price.
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