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Forward trades

Forward trade

Trade now, pay later...

Forward trades enable you to set an exchange rate and settle your currency trade later, on or before an agreed date. This can be up to 24 months in advance. It's a 'trade now, pay later' type trade. Because the rate is fixed, your exchange rate will be protected from currency movements during the time you have agreed. This is ideal for future payments at times when exchange rates are volatile, so you do not lose money from unfavorable currency market movements between now and the time you need to make your payment.

You can either make your international payment in full or in multiple payments on different dates, by drawing down from the initial lump sum.


As an individual
This is useful if you have bought an overseas property, for example, and need to pay different amounts on fixed instalment dates, as you can guarantee the amount you will need to pay each time and budget more effectively.

As a business
If you have a supplier to pay in instalments over a set period, you can arrange to set the exchange rate now for your future currency trades, so you know exactly what you will be paying for every instalment and it will not change with fluctuating exchange rates.

Benefits of using a Forward trade:

  • Guarantee a rate now for future currency trades: protect your currency from market movements by setting an exchange rate now for settlement in the future.
  • Easy budgeting: know exactly what you will need to pay now for future currency trades, as the exchange rate is locked in for the time that you set.
  • Flexibility: make multiple payments from the initial lump sum and set the length of the Forward trade for a time that suits your needs
Why choose Halo Financial?
Low fees
Competitive rates
5 star
Feefo reviews
5 star
Authorised payments


Over 880 recent reviews showing Halo's excellent customer service.
Gold Merchant Status for the fourth year running.
Average Customer Rating:
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"Excellent again"
Excellent service again with an excellent customer service to go with it ...
Peter Walter - 13th Apr
"Easy to use, easy to understand and no delays"
No fuss, accommodating service whilst we set up an account and the money was received very promptly once details given. We were advised at each stage of the process
Mr and Mrs Faulkner-Shotter - 29th Mar
As usual I received friendly efficient service and look forward to more deals with Alastair and his team.
George Matheson - 6th Mar
"Very good"
I have always had good service from the staff at Halo. The transfers have arrived in my bank promptly and efficiently. I have been making these transfers for some years and they have been consistently efficient. I would recommend Halo to other people.
Adele Krieger - 5th Mar
Halo Financial provided us with a hassle free service. I would be happy to recommend their services.
Suzanne Macintyre - 2nd Mar
Fast friendly efficient service with no fuss
Kevin Tulloch - 26th Feb
Simon Hughes - 14th Feb
I would highly recommend Halo Financial
Debbie Baston-Scott - 13th Feb
"Excellent Money Transfer Service to Thailand."
First Class service. Emails were prompt and provided all necessary information. All communications, receipts, transfers were issued within hours. Staff were efficient and friendly. This is the second time I have used your services and I will use them again for sure. To me it was a smooth team effort between your staff and my wife and I. Keep up the very good work. We are delighted clients.
Rudi Harders - 7th Feb
Professional and efficient
2nd Feb