“Should I convert now or wait?”
That question misses the point.
Businesses don’t win in FX by trying to trade the market. They win by being disciplined, knowing their numbers and choosing rates that protect margin and make budgeting predictable.
Yet, too many firms still behave like retail traders. They watch charts, react to noise and hope that timing works in their favour. At Alt21, we call this guesswork.
Limit Orders within the Alt21 platform replaces reaction with intent. You decide the rate that works for your business. One that supports your costs, pricing and cash flow. Alt21 monitors the market and executes automatically when your rate is hit, or better.
No stress. No screens. No second-guessing.
The core idea: automate the win
Limit Orders lock in the rate you care about. The platform monitors the market and executes the moment your target is met. That single action delivers three advantages:
- You save time and headspace.
No one needs to hover over Bloomberg waiting for a blip. If the market moves, you’ll catch it.
No more calls to a middle-man, just time saved with instant execution.
- You plan with certainty.
When you know the minimum acceptable rate, cash flow stops being guesswork.
Think of it as setting the trap once and letting the system pounce when the price is right.
A real example: £2,000 saved by waiting a single pip move
Imagine you’re a UK manufacturer buying $2 million of US machinery. At today’s rate, that’s roughly
With a Limit Order, you simply:
- Select GBP/ USD.
- Enter your amounts.
- Set the rate that makes the deal worthwhile.
Then you walk away. If and when the market gives you that improved rate, the order triggers automatically. No reaction time needed. No costly missed moment.
The perfect time to use Limit Orders
They’re ideal when the payment isn’t time-critical but the price matters. That includes:
- Invoices that aren’t payable immediately.
- Foreign income you don’t need to convert straight away.
- Planned overseas spending, such as equipment, property, raw materials or long-term investments.
If timing can improve your outcome, a Limit Order does the heavy lifting for you.
But, if your exposure is more complex, which may include recurring payments, multiple currencies or sensitivity to long-term market shifts, then an adviser can help you combine Limit Orders with other tools for stronger protection.
Ready to take control?
Limit Orders already support 34 major currencies, and more enhancements are coming: custom expiry dates, additional rate configurations and the option to book a forward instead of a spot. Consider this the foundation, not the finish line.
For now, the question isn’t “Should I convert now or wait?”
It’s “Why am I still guessing when I don’t have to?”
Try a Limit Order and see what the right timing is worth to you.
