Market Orders, Stop Loss & Limit Orders
Market Orders
Target the Rate You Want. Let the Market Work for You.
Don’t need to transfer funds immediately? A Market Order lets you set a target exchange rate—so you can take advantage of favourable market movements without watching rates 24/7. Ideal for both individuals and businesses, Market Orders are a smart way to plan ahead and protect your bottom line.
At St. George Foreign Exchange, we help you secure the best possible deal by monitoring the market on your behalf—so you can focus on what matters most.
How Market Orders Work
Market Orders allow you to specify your ideal exchange rates in advance. When the market hits your chosen rate, the trade is automatically executed.
We offer two main types of Market Orders:
🔼 Limit Orders
Set a target exchange rate higher than the current rate. If the market rises and hits your target, your transfer is executed automatically—helping you secure a better deal.
🔽 Stop Loss Orders
Set a minimum acceptable rate to protect yourself if the market drops. If the rate falls to your stop-loss level, the transfer is triggered to prevent further losses.
Combining both a Limit Order and a Stop Loss Order can give you a smart balance of upside potential and downside protection.
Benefits of Market Orders
Let the Market Work for You
Target better-than-current rates without the need to monitor the market
Automated Execution
Your trade is executed as soon as the market reaches your set rate
Better Budgeting
Plan future transactions with a clear idea of your target cost
Expert Monitoring
Our team actively monitors the market and executes your order—so you don’t have to
Things to Consider
⚠️ No Guarantees – If the market never reaches your target rate, the order won’t be executed
⚠️ Fallback May Be Required – If your Market Order isn’t triggered and you still need to make a payment, you may have to settle at the current Spot Rate, which could be less favourable
That’s why our specialists are here to advise on the right strategy and timing for your needs.
Limit Order vs. Stop Loss Order
Feature | Limit Order | Stop Loss Order |
Goal | Target a higher exchange rate | Protect against a falling exchange rate |
Execution Trigger | When the market rises to your target | When the market drops to your minimum |
Best For | Maximising returns | Minimising losses |
How to Set Up a Market Order
1. Speak with a Specialist
Our team will help you define the right strategy based on your timeline and budget.
2. Set Your Target Rate(s)
Decide your ideal exchange rate (Limit Order) and/or your minimum protection level (Stop Loss Order).
3. We Monitor the Market
St. George Foreign Exchange tracks the market for you. If your rate is reached, we execute the trade—automatically.
Is a Forward Contract Right for You?
Our experienced team is here to help. Get in touch to explore your options, understand the market, and discover the best FX strategy for your needs.
- Call us at +441273 661747
- Email us at info@sgfx.uk
Or simply fill out the form below, and one of our experts will be in touch within 2 business days.
Let’s take your global financial strategy to the next level.