Do you offer FECs to protect against exchange rate volatility?

Written by Team Future Forex - Written by Joshua Kotlowitz (CTO at Future Forex) - May 12, 2023 Written By Harry Scherzer (CEO at Future Forex) - as published on Ventureburn - July 24, 2023 Written by Joshua Kotlowitz (CTO at Future Forex) - as published on IT News Africa - July 28, 2023 Written By Harry Scherzer (CEO at Future Forex) - as published on BusinessTech - August 11, 2023 Business Tech - May 17, 2023 Written By Harry Scherzer (CEO at Future Forex) - as published on Moneyweb - July 1, 2023 Written By Harry Scherzer (CEO at Future Forex) - as published on Cape Business News - July 3, 2023 -

Yes, you can hedge your currency risk through a forward exchange contract, commonly known as a FEC or forward cover. This is a contract whereby an exchange rate is fixed for delivery at a future date (up to a maximum of 12 months).

We offer the following FEC types:

  • Fixed – For delivery on a fixed date.
  • Semi Optional – For delivery anytime between two dates following the booking date.
  • Fully Optional – For delivery anytime from the booking date until a future date.

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Forex - Services > Do you offer FECs to protect against exchange rate volatility?
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