What are Limit Orders

In this post I will discuss the advantages of a limit order.

You don’t have to buy or sell currency at the market rate. You can use a limit order to set parameters and let our broker make the trades for you.

A limit order is only executed if the price hits the limits set out in the order. Limit orders are very useful in fast-moving FX markets where prices can change rapidly. Rather than watching the market closely you can agree a limit order with one of our brokers and let them watch the market for you. This gives you more free time to work on other areas of your business and create growth.

In next week’s post we’ll discuss forward contracts.