We protect your company from currency risks

Use our online platform to book guaranteed exchange rates for your future transactions abroad

Why hedge against currency risks?

Currency risks occurs due to the time lag between order and payment dates, which are usually weeks or months apart. Let’s take a simple example:

Order

Your company orders goods from the United States in February 2018, for 1.000.000 USD. At a 1,25 exchange rate you assume you will pay around 800.000 Euro. You are planning to sell in Germany with a profit margin of 10%.

Chart SEK/EUR

Production

Your American partner fulfils the order. The EUR/USD exchange rate shifts slightly to 1,15. You receive your order and the bill for 1.000.000 US-Dollars.

Payment date

You have to pay your bank roughly 870.000 Euro including fees. This is 70.000 Euro more than expected. In effect you lost more than 85% of your profit margin through unhedged FX risks.

Through Forexfix you could have hedged the currency risks for this transaction in 2 minutes - your profit margin would have been secured!

Why use Forexfix?

Simple

Book guaranteed exchange rates online within minutes

Flexible

Infinite transactions without minimum volume or base fee

Fair

True mid-market rates and a lower commission than banks

How exactly does the application work?

Sign Up

Upload your ID, and we do everything else necessary for the compliance check.

1

Calculate offer

Specify by which date your counterpart is expecting which foreign currency payment.

Screenshot of register in forexfix
2

Make contract

With one click you get a guaranteed future exchange rate, with another one you book it.

Screenshot of contract
3

Finish transaction

You transfer the down payment now, and later the rest, at the guaranteed rate.

Screenshot of finish

Be safe

You do not have to worry about bad exchange rates cutting into your profit margin.

How does Forexfix hedge currency risks?

Bank partnerships

The financial products come from our partner Currencycloud Ltd, an established payment engine in the FX market.

Technical interface

Live market rates and automated placement of orders is provided through API technology.

Financial Products

In most cases we use deliverable forwards, bank products usually only sold offline, for high fees and to very big clients.

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