Spot Trade: Exchange Currency Instantly
Secure competitive rates and settle international payments without delay.
Spot Trade is perfect for urgent conversions and one-time cross-border transactions.
What is Spot Trade?
Spot Trade allows your business to exchange currency at current market rates and settle the deal immediately. It’s a fast and simple way to send funds abroad, usually processed within one to two business days.
Ideal for time-sensitive payments or when locking in a rate matters.
How Can I Use Spot Trade?
Spot Trade is well-suited for businesses making direct purchases in foreign currency or transferring funds between accounts or to partners abroad. You can use it to settle invoices, pay for services, or convert incoming revenue to your home currency.
Once your account is verified, you'll see live exchange rates and can book a deal right away. After confirming the trade, you send the funds to PulseFX, and we deliver the equivalent amount to your recipient.
The process is straightforward and quick, helping you act on time-sensitive opportunities.
Why Does Spot Trade Matter for Your Business?
Spot Trade gives you direct access to real-time exchange rates and fast settlement. It helps you stay in control of your cash flow and reduce the cost of foreign payments.
Strategic Advantage of Spot Trade
Who Could Use Spot Trade?
CFOs
Buying or Selling foreign currency for operational needs, and managing treasury flows without long-term contracts.
Founders
Sending international payments quickly and locking in real-time exchange rates when needed.
Finance Teams
Covering overseas invoices or one-time purchases without setting up recurring payment structures.
How to Set Up Spot Trade?
Setting up Spot Trade is simple and quick.
Submit your business info and documentation for verification. Once approved, you'll be matched with a dedicated FX specialist.
Agree on the terms of your trade, including the amount and recipient details.
Once you're satisfied with the rate and terms, confirm your trade and provide the payment to PulseFX.
Your payment is processed, and the funds are delivered to your recipient on the same or next business day.
Start Using Spot Trade Today
Get access to real-time FX rates and flexible transfers with no subscription fees.
FAQs
Find answers to your most pressing questions about our services and processes.
Spot Trade allows businesses to buy or sell foreign currencies at the current market exchange rate. You can lock in a rate instantly and settle the transaction within one or two business days. The process is straightforward and ensures that you can make international payments or convert currencies quickly and at competitive rates.
Spot Trade supports a wide range of major and minor currencies. You can trade over 130+ currencies (via the Ebury solution) and 38+ (via the Currency Cloud solution), including USD, EUR, GBP, JPY, and many others. For specific currency pairs, contact your FX specialist to ensure the currencies you need are available.
Spot Trade is flexible and can be used for both one-off payments and recurring transactions. Whether you need to make a single payment or have regular international transfers, Spot Trade adapts to your needs and gives you the ability to execute trades whenever required.
You can easily track your Spot Trade transactions through your PulseFX account. If you need further details, your FX specialist can provide additional support.
To set up a PulseFX account, simply provide your business information, including registration details and the authorized person's identification. Once submitted, PulseFX will verify your business, and you will be assigned a dedicated FX specialist to guide you through the setup process and help with your currency trading needs.