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Limit Orders


A limit order lets customers instruct us to buy or sell one currency for another currency at a target rate that is better than the current market rate. Customers leave such orders with us to take advantage of exchange rate movements that occur when they may not be able to monitor rates themselves or during overnight markets when they are asleep.

UKForex provides its customers with the opportunity to leave limit orders on the overnight markets. As foreign exchange markets are open 24 hours and volatility often occurs during overnight sessions, you may miss out on the best rates if you are unable to monitor movements all the time.

Orders can be left with any of our dealing staff and these are in turn left with our overnight traders. If the rate you have nominated is triggered overnight then you will be notified and asked to provide beneficiary details and organise timely payment to UKForex.

Orders that are triggered overnight become binding. You will be notified by phone and/or email if orders have been triggered.

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Related Information:
Forward Hedging Guide
What are Limit Orders?
Available Payment Types
Supported Currencies
Minimum Amounts
Contact Us for More Information



When leaving a limit order with us you must instruct us of the currency to sell, the amount to sell and the desired exchange rate. You also need to tell us how long the order is valid. For example, the order could be 'good till cancelled' (GTC) or only valid to the close of business Friday.

Business and private clients can leave orders but generally the amount needs to be greater than GBP£50,000 to be accepted. We may also require a small deposit to ensure performance of the contract occurs when the order is completed.




Please email info@ukforex.co.uk for more details or fill in the form below. You will be emailed a PDF guide to transferring money with UKForex. To view the file you will need the free Adobe Reader software which can be downloaded by clicking on the icon below.









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