Spot contract
An agreement to exchange currency at the available rate for prompt settlement. The quoted rate is valid for immediate execution.
Contract options
The right structure starts with the underlying payment.
Four contract types may be available to eligible clients. Availability and terms depend on your circumstances, onboarding status and the identifiable purpose of the payment.
Forward contract
An agreement to exchange currency at an agreed rate on a future date. A forward contract can help manage the effect of currency movements on an identified payment, but it does not remove all risk. A deposit or margin may be required.
Limit order
An instruction to transact if a specified target exchange rate becomes available. The order will not execute if the target rate is not reached.
Stop loss order
An instruction intended to transact if a specified exchange rate is reached. It can help limit exposure to further adverse movement, but market conditions may affect execution.
Before you proceed
The decision remains yours.
Exchange rates can move before and after a transaction. A quote may change until you confirm that you wish to proceed. Alpine FX can provide factual information and regular market updates, but does not encourage speculative transactions and does not guarantee a financial outcome.
Start with the payment
Unsure which option fits the payment?
Explain the payment and timing. We will provide factual information on the contract types that may be available.