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Spot Contracts
This is the most commonly used contract in FX. Settlement is based on a two-business-day basis. Spot contracts are an ideal tool for commercial businesses that require delivery of currency within this short period of time.
Same-day contracts
These contracts allow settlement and delivery to take place on the same day. Upon receipt of cleared funds (normally by 12pm), Voltrex sends currency on the same business day to your desired destination.
Forward Contracts
Forward contracts are used to guarantee and lock in a fixed rate of exchange for a specified future delivery date. This contract is an ideal tool for commercial customers who wish to take advantage of the current market prices against future obligations.
Limit orders
Limit orders are where an order is placed in the market to buy or sell a currency above or below the current market price. To enhance the current rate of exchange, Voltrex works 24 hours, thereby enabling you to get the best exposure to the global FX Market.
With the exception of Forwards and Rolling Spot transactions foreign exchagne is not regulated by the Financial Service Authority.
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