Learn all about how to setup a limit order
What is a limit order?
A limit order is an instruction to automatically buy currency when your specified rate is met.
Please note: If you only wish to monitor the rate and be notified when it is met, please set a rate alert instead.
How to create a limit order
Step 1: Login and using the left sidebar navigate to Payments > Limit Order
In the top right click on the button Create limit order
Step 2: Choose the currency you would like to buy or sell and click Get Rate
Please note: The amount you enter must be between £100 and £90000.
Step 3: Enter your preferred exchange rate and expiry type.
There are two types of expiry type:
- Normal
- Good to Cancelled
Check the box to agree that your limit order is an instruction to execute the spot trade when the rate specified is met and that you have read and agree to the terms and conditions and click Create Limit Order
Please note: If the exchange rate reaches the preferred rate before the expiration date the transaction will be completed.
That's it. You should have your limit order all setup.
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