Moving Stop Loss
Take advantage of positive movement in the Forex market and safeguard against a prolonged fall in rates
Manage Market Orders Effectively
The global currency markets fluctuate 24 hours a day. These fluctuations means foreign exchange rates can vary from one extreme to another at any time, day or night.
Moving Stop Loss orders from Corporate FX enable you to react to the highs and lows of the global currency market in an instant – and give you the opportunity to both make and save money in a single trading arrangement.
What is a Moving Stop Loss?
This method of buying and selling currency allows you to place an order above or below the market, to buy or sell currency at a specific rate of exchange.
Market Orders are priced above the current market rate, to take advantage of positive movement, or below to safeguard against a prolonged fall in rates.
Moving Stop Loss enables you to take advantage of positive movement whilst guaranteeing a worst case price. If the market moves in a favourable direction, Moving Stop Loss moves the exchange rate up until the desired price is achieved. If the exchange market moves down then the order is stopped at an improved price. The ability to align orders according to overseas time zones is a critical advantage that can make a significant difference to your bottom line.
Get Fast Access to your Stop Loss Trading data
Our online trading solution, Smart FX, enables you to stay instantly up-to-date with the trading information you need. Fast and easy access to your trading history that uses secure encryption to ensure your data is secure. Find out more about how Smart FX is incorporated in our Moving Stop Loss trading product here.
