Loss Limit and Stop Orders .

You can set up a 'Limit Order' - a target exchange rate for your transaction – as a WorldwiseFX customer. Once you've set this up, WorldwiseFX will keep an eye on the rate and automatically perform your currency transaction when it reaches your target, so you don't have to.

A ‘Stop Loss' order is also a possibility. This protects you from losing money if the exchange rate for your foreign transaction depreciates, putting your earnings at risk. The transaction is automatically executed if the currency rate falls below your Stop Loss level, limiting your losses to that exchange rate and no further.