Market Orders - Target your ideal exchange rate
ServicesSet your preferred exchange rate and let the market come to you.
A Market Order allows you to automate your transfer when your chosen rate becomes available, so you don’t have to watch the market constantly.
Exchange rates move around the clock, and it can be difficult to know when to act.
A Market Order allows you to set a target rate in advance. If the market reaches that level, your transfer is triggered automatically.
It’s a simple way to stay in control without needing to monitor exchange rate movements yourself.
Key benefits of Market Orders
Target a specific exchange rate
Choose the rate you’re aiming for, and we’ll monitor the market on your behalf.
No need to watch the market
Once your order is in place, you don’t need to track exchange rate movements or worry about timing.
Act on opportunities automatically
If your target rate is reached – even briefly – your transfer will be secured at that level.
Stay in control of your transfer
You decide the rate, and we handle the execution when the market gets there.
Real life scenario
How a Market Order can help
Exchange rates can fluctuate quickly, and opportunities don’t always last long.
Here’s how setting a target rate can work in your favour.
Planning a future transfer
A client plans to send funds overseas but isn’t in a rush to complete the transfer.
Waiting for a stronger rate
The current rate is acceptable, but they would prefer to secure a slightly better rate if it becomes available.
Setting a target
They set a Market Order at their preferred rate and let the market move naturally.
Rate reached automatically
When the market briefly reaches the target, the transfer is triggered automatically – without the need to monitor it.
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
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Market Orders FAQ
What is a Market Order?
A Market Order allows you to set a target exchange rate for your transfer.
If the market reaches that rate, your transfer is automatically triggered.
How does a Market Order work?
You choose the exchange rate you’d like to achieve, and we monitor the market for you.
If that rate becomes available, your transfer is booked automatically at that level.
Do I need to monitor the market myself?
No. Once your Market Order is set, we track the exchange rate on your behalf.
If your target rate is reached, the transfer will be triggered automatically.
What happens if my target rate is never reached?
If the market doesn’t reach your chosen rate, the transfer won’t be triggered.
You can adjust or cancel your Market Order at any time, or contact us to book a separate transfer at the current exchange rate.
When should I use a Market Order?
Market Orders are best suited to situations where you don’t need to transfer immediately and are willing to wait for a specific rate.
Can I combine a Market Order with other services?
Yes. Market Orders can be used alongside other options, depending on your situation.
A currency specialist can help you decide the best approach.
Is this service safe?
Yes. We operate under strict regulatory requirements in Australia and follow robust processes to keep your funds secure at every stage.
Can I speak to someone before setting a Market Order?
Yes. In order to open an account and book a transfer, all customers are required to speak directly with a currency specialist who will explain your options and help you decide if a Market Order is right for your situation.
