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Stop overpaying for your FX
Have you seen your FX prices soar after your first year
with a broker? Bound's platform compares the best
rates from multiple providers in seconds.
- Sign up online, start trading in minutes
- Tech not technical, Bound is built for simplicity
- Get true transparency of your FX risk & trade history
WE CAN INTEGRATE WITH ALL YOUR EXISTING SYSTEMS!
Fixed pricing
Our rates are highly competitive and they don't change when you're not paying attention.
Total trade transparency
With our integrations you can see your entire trade history on demand.
No finance
degree needed
Our platform is designed for businesses not just hedgers.
Tech advantage
Our tech does things humans can't. We are making FX a no branier.
Any currency,
Instantly.
No matter what currencies you use, our platform allows you to facilitate the trade you need when you need it.
Bound works with a range of providers. Unlike a bank or broker, Bound can instantly give you the best rate without you having to pick up a phone.
Hedging,
made effortless.
Only 4% of SMEs protect themselves from currency risk, as opposed to the 94% of Fortune 500 companies that do. (see source)
Bound believes that this is because hedging is confusing and complicated.
Hedging doesn't need to be hard. We're on a mission to help SMEs effortlessly protect their businesses from ever-changing currency rates.
Meet Bound, the auto-hedging platform
that makes FX simple.
Currency fluctuations in 2020 :
GBP/USD: 17.1% GBP/EUR: 12.5% EUR/USD: 14.9%
Spot trades (Instant)
Spot trades are done "on the spot". It's an instant exchange of currency pairs and we use the live interbank rate to make sure you are always getting the best deal.
Forward trades (Locked rates)
A forward trade creates an agreement between the buyer (you) and the seller (Bound) to swap an agreed amount of currency at a specified price and time in the future.
Option trades (Protected rates)
Options are similar to forwards except they do not have to be actioned. Because of this they offer the highest level of protection for businesses.
Bound Rates Limited (FRN 953177) is an Appointed Representative of MJ Hudson Advisers Limited (FRN 692447) who is authorised and regulated by the Financial Conduct Authority to act as Principal Firm to Appointed Representatives.
“The travel industry is rife with currency risk but Bound makes that risk easy to manage for companies of our size. It’s a game changer for any SME trading internationally that is exposed to currency fluctuations. Best of all, it’s affordable, easy to set up and totally free of all finance jargon.”
Stefan Cars
Founder and CEO of Snowfall Travel
Frequently asked questions
Is Bound secure and regulated?
Bound Rates Limited (FRN 953177) is an Appointed Representative of MJ Hudson Advisers Limited (FRN 692447) who is authorised and regulated by the Financial Conduct Authority to act as Principal Firm to Appointed Representatives.
Our partners operate compliant client trust accounts. Our partners are PSD compliant and all clients' funds are held in segregated currency accounts.
All outgoing payments and FX transactions made can be traced up to delivery.
How much does Bound cost?
The Bound platform itself is completely free. We charge a very small transactional fee to our partners and have so far always been able to beat our clients existing banks/brokers rates. We are looking to build a global solution for FX, not profit big on a few clients.
Is Bound a broker?
Bound is not a bank or a broker. We are at heart a technology company that loves solving problems.
Bound’s founders built software for professional risk managers and traders from some of the largest corporations in the world. Their tools processed tens of thousands of trades per day worth trillions of dollars.
Our vision is to completely reinvent currency protection, the way that it should be.
Do I need to know how to hedge?
Not at all! Bound was created to simplify hedging and make currency protection available to everyone.
Why not book a demo and we can show you how simple the platform is to use.
