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Send & receive internationally and see the full cost before you confirm

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Protect your margins from currency moves with forwards, options, and target rates in platform

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Put excess cash to work and earn interest on idle balances across currencies

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Integrate Alt21 into your daily workflows.
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Who it’s for

Growing businesses
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Finance teams
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Why hedge currency risk? Theories, myths and the reality of FX riskBlog
Ten reasons businesses hedge currency risk, and ten myths that stop them. One clearer way forward.
From startup to scaleup: does your FX risk management need to change as you grow?Blog
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Who it’s for
- Growing businesses
  Transparent FX, payments and hedging for cross-border growth.
- Finance teams
  FX, payments and reconciliation, automated in one platform.
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Price your trade
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Resources What is an FX Option, and how does it differ from a Forward?

What is an FX Option, and how does it differ from a Forward?

Liam Bartholomew

9 Jun 2026 • 1 min read

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© 2016-2026 Alt21 Limited

Alt21 trades through its wholly owned subsidiaries Alt21 Limited (Company Registration No. 10723112) and Alt21 Europe Limited (Company Registration No. C 109724).

Alt21 Limited is authorised and regulated by the Financial Conduct Authority (FRN: 783837). The registered address is 45 Eagle Street, London WC1R 4FS, United Kingdom.

ALT21 Europe Limited is authorised and regulated by the Malta Financial Services Authority as an Investment Firm under the Investment Services Act (Cap. 370 of the Laws of Malta), and as a Financial Institution for the issuing of electronic money and provision of payment services under the Financial Institutions Act (Cap. 376 of the Laws of Malta). The registered address is 171, Triq l-Ifran, Valletta, VLT 1455, Malta.

Alt21 Software Limited, the parent company, is incorporated in Ireland (No. 578153) with its registered office at 3rd Floor, 40 Mespil Road, Dublin 4, D04 C2N4, Ireland.

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