SPOT CONTRACT
FORWARD CONTRACT
ORDER MARKET
SPOT CONTRACT
What is a SPOT contract?
It is a contract concluded between you and AK-Invest through which you can buy or sell different currencies at the current exchange rate. This is one of the most traditional forms of exchange and is used when you have a foreign exchange transaction that you need to complete quickly.
Advantages:
It is simple to operate and gives you the opportunity to take advantage of current foreign exchange market rates. Funds are disbursed within two business days enabling you to have clarity of your business costs as well as exposure to foreign currency.
FORWARD CONTRACT
What is a FORWARD contract?
It is a contract which allows you to buy or sell a currency with an exchange rate and delivery date of the funds specified at the time of signing the contract. The FORWARD contract can be adapted to the needs of your business with different maturities.
Advantages:
Your foreign currency exposures are fixed at the exchange rate of the contract, despite fluctuations in the exchange rate in foreign exchange markets during the period when you will need to make payments, thus reducing the exchange rate risk.
ORDER MARKET
What is an ORDER market?
Through a market order you can set the most favorable rate for you in relation to a foreign exchange transaction without the need to constantly control the foreign exchange market.