Stop Loss

A great tool you can use on the markets is a Stop Loss order. A Stop Loss order is where you can place an order for a specific rate which means that should the market suddenly drop that rate become available at any point night or day your funds will be bought out automatically. This enables you to have a ‘worst case scenario’ and gives you the peace of mind that if there is a sudden drop you know you are covered.

This means you do not need to be available 24hours a day and you can relax with the confidence you will not wake up to a nasty and expensive shock one morning.

Contact us by filling in the enquiry form on the left hand side of this page and one of our experienced and friendly brokers will happily get in touch to fully explain the options available to you.

For more news on foreign exchange rates and to request a free no-obligation quote visit www.currencies.co.uk