Foreign Exchange Currency Options

Say goodbye to commitments and deposits while protecting your bottom line!

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CurrencTtransfer Options Payment process

Currency Options: No Commitment, No Deposit

Currency options, exclusive to CurrencyTransfer, are an advanced risk management tool that allow you to protect your bottom line without any deposit or commitment to fill the contract. A Currency Option allows you the ability to buy or sell foreign currency at a set time or before a specified date with a predetermined price, but without the obligation to complete the purchase.

How it works

Book Your Option

Choose the amount and currency pair that you’d like to hedge.

Buy Your Option

Purchase your option for a nominal fee. No commitment and no deposit is required!

Execute Your Option

If your option is yielding a profit, execute the option to exchange currencies.

Fill Your Option

Send the required funds to the specified account to execute the foreign exchange.

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or Try the demo

Protect Your Bottom Line - Execute Transfers When Yielding Profit

Protect Your Bottom Line

Currency options help ensure that your business can access the right foreign exchange rates to meet your budgeted goals. Protecting your bottom line helps manage your FX exposure as efficiently as possible.

Forecast Your Financial Needs

Accurately Forecast Your Financial Needs

Stop worrying about market volatility when planning your company’s yearly forecasts. Our currency options give you the safety and security to lock in your desired rate.

Customized Hedging Strategy

Built to Suit Your Needs

Work with a dedicated sector specialist to build out the right hedging strategy for your specific needs.

Frequently Asked Questions:

What is a Currency Option?

A Currency Option is an FX hedging tool that gives your business the right — but not the obligation — to buy or sell a set amount of foreign currency at a predetermined rate, on or before a future date.

Do I have to pay a deposit for a Currency Option?

No deposit is required. You pay a nominal fee (the ‘premium’) to purchase the option, which protects your rate without tying up cash flow the way a deposit would.

Am I obligated to execute the trade?

No — that's the core benefit of a Currency Option versus a Forward Contract, which is a binding commitment. With a Currency Option, you simply don't exercise it if the live market rate is better than your option rate on the settlement date.

How do Currency Options help with financial forecasting?

Currency Options let you lock in a worst-case budgeted rate for future overseas payments, protecting your margins if the market moves against you — while still letting you benefit if the market improves.

Who executes Currency Option trades?

CurrencyTransfer doesn't execute Currency Option trades directly. These are arranged through our specialist partner network, and you'll work with a dedicated specialist who manages your trade from booking through to settlement.

Is a credit facility or margin required to trade Currency Options?

This depends on your business's trading history and transaction size. Your dedicated specialist will confirm exactly what applies before you commit to a strategy.

What size of transaction are Currency Options suitable for?

Options are typically used by businesses hedging meaningful, recurring foreign currency exposure — your specialist can advise whether options, forwards, or a combination best suit your transaction size and risk profile.

Our specialists are on call

Once you open an account with CurrencyTransfer, you get an allocated relationship manager to support you with any query.


Questions or need a tip? We have your back!

+44(0) 20 7096 1036
info@currencytransfer.com

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