Is a Limit Order right for me?
You should consider a Limit Order when you need to move money to your local bank account but you don’t need to convert it immediately. Instead you can wait for the right rate.
Businesses should consider a Limit Order when they have a target rate of exchange in mind for an overseas payment or receivable, but don’t need to pay or convert it right away. Optimise your FX and wait for a better rate.