Our industry leading technology allows us to setup Limit and Stop Loss Orders. The whole process is fully automated, running 24/7, so you will not miss out when the currency markets trigger the target rates.
There are two types of Market Order;
With a limit order you set an exchange rate above current levels, once the currency markets reach the selected date, your international currency transfer is automatically triggered.
Stop loss Order
With a Stop Loss Order you set the minimum exchange rate at which you are willing to trade. The minimum is normally below current market levels.
Both Limit Orders and Stop Loss Orders are usually used at the same time as they allow you to quickly take advantage of a favourable movement in the market while protecting against the market moving in an adverse direction.
To find out more about how you Hawk FX can help you secure your target rate of exchange call us at +44 (0)330 380 30 30.