Stop loss and limit orders
You can place both stop loss and limit orders on your currency transactions.
Stop loss order lets you specify the minimum exchange rate at which you would be willing to trade. They ensure you don’t lose out if the markets turn against you.
Limit order works in the other direction. You set a rate of exchange that is above current market levels and, once that’s reached, your currency purchase executes automatically.
Our online platform makes managing all of your foreign exchange activities faster, simpler and more efficient. You can:
- Send rapid, tracked international payments at wholesale exchange rates
- Collect, store and pay out 34 currencies using one account in your business name
- Hedge currency risk with flexible dates
- Make instant bulk payments
- Access trade reports instantly
- Send suppliers payment receipts instantly
Safer and more efficient transactions
Reduce exposure to market movements, keep on top of key rate levels, and bring all of your currency transactions onto a single platform.
Market movement risk
Our stop loss and limit order tools protect your transactions against, or take advantage of, market movements.
Make life simpler
Our online platform brings together all of your international payment and foreign exchange transactions.
Key rate moves
Set rate alerts and let our system watch the currency markets for rate levels that are important to you.
As an MGP client, you always have access to our expert help in making the best use of our tools.
Choose to either pay for your currency now or in the future. There is no need to miss out on the rate that you want.
We’ll learn about your business and then keep you informed of crucial economic developments that are likely to impact it.
If you use our free rate alert tool, we contact you if and when a target rate that you have set up is reached.
So we do the work of watching the currency markets for you to make sure you don’t miss out on a rate level that you need in order to make a transaction viable.
If you talk to us before you set an alert, we’ll always provide you with relevant market information that may help you achieve your target rate quicker.