How to Lock into a Future Exchange Rate

VFX offers the ability to forward buy on certain currency pairs which gives you peace of mind by locking into guaranteed exchange rates, helping you budget for the months ahead and concentrate on managing your business rather than worrying how your P + L will be affected by tumbling currency prices. VFX also offers our clients the ability to place limit orders which mean clients can benefit from an upturn in targeted currency pairs. For example if you wanted to buy cable at a set price, you would have been rewarded with a rally GBP/USD if a limit order was in place, as orders are filled at designated target levels. If you would like to try out our ‘Limit Order’ technology you can apply for a free demo on our website.

Categories: EasyFX, General news, forex, fx.