Market Orders - Target an exact exchange rate
ServicesAn Order to Buy allows you to target an exact exchange rate that could be hit in the future. If the exchange rate is hit, we automatically book in your transfer at that rate. This is useful tool to protect your money against market volatility.
Key benefits of Market Orders
Target your ideal rate
Set a specific exchange rate in advance – your transfer is automatically triggered the moment that rate is reached.
No need to monitor markets
We track the currency markets for you, so you don’t have to worry about missing short-term rate spikes or falls.
Protect your budget
Avoid the impact of market volatility by locking in a favourable rate that fits your financial plans and purchase timeline.
Expert guidance included
Work closely with a dedicated account manager to set the right rate and strategy based on your goals and market outlook.
Take advantage of favourable exchange rates without constantly watching the market. Get more for your money, with less effort.
Real life scenario
How an Order to Buy can help
Timing the market can be tricky, especially when exchange rates change quickly. Here’s how one buyer used an Order to Buy (a type of Market Order) to make the most of a short-lived rate spike.
Planning a property purchase
Emma needed to transfer £360,000 to complete the purchase of a holiday apartment in Italy.
Watching the market
With the rate at 1.14, she worked with her account manager to set an Order to Buy at a more favourable 1.16.
Transfer triggered
Two weeks later, the market briefly hit 1.16 – and her transfer was booked automatically at the better rate.
More euros, less effort
Emma received €7,200 more than she would have at the original rate, without monitoring the market herself.
Our team are available Monday to Friday, 8:30am to 6pm
Testimonials
Join thousands of satisfied customers
Having been trusted by over 50,000 customers to safely transfer their money abroad, we’ve gathered thousands of real customer reviews. See what our customers have to say on independent reviews website, Trustpilot.
Rated Excellent for Currency Exchange & Money Transfers
“I have placed an order some weeks in advance for an advantageous exchange rate. My principal contact was reassuringly efficient, unflappable and patient… I recommend the company without reservation.”
JHP View all testimonialsRated Excellent for Currency Exchange & Money Transfers
“Placed a limit order owing to the volatility of rates. Our broker constantly kept us updated with lots of patience and information… Very professional, felt in safe hands and would not hesitate to use again.”
Valerie P View all testimonialsContact us today
Enquire about an Order to Buy
Let us know a little more about your upcoming currency exchange needs, and one of our UK-based currency experts will be in touch.
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Order to Buy FAQs
What is an Order to Buy?
An Order to Buy – also known as a Market Order – is a tool that lets you target a specific exchange rate in advance. If that rate is reached, your transfer is automatically booked at that rate, without you needing to monitor the markets yourself.
How does an Order to Buy protect my budget?
Exchange rates can move quickly and unpredictably. With an Order to Buy, you secure your ideal rate when it becomes available, helping you avoid disappointment or increased costs if the rate moves against you.
What happens if the rate I’ve set isn’t reached?
If your target rate isn’t reached, nothing is booked and no payment is made. You remain in full control and can discuss alternative strategies with your Smart trader at any time.
Is there a minimum amount for an Order to Buy?
Yes, the minimum transfer value for an Order to Buy is £10,000 or the equivalent in your chosen currency.
When should I consider using an Order to Buy?
An Order to Buy is ideal if you’re planning a large transfer and have a specific exchange rate in mind, or if your timeline allows some flexibility. It’s especially useful during times of market uncertainty or when rates fluctuate rapidly.
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