fx hedging software that executes against your strategy.
Bound is an FCA-regulated hedging platform built for internationally active businesses. Set your hedging strategy and let Bound handle the execution. Trades happen automatically against the parameters you set, no broker calls or manual booking. Connect your accounting software for a live view of your exposure and automatic reconciliation.
what is fx hedging software?
FX hedging software helps a business protect future payments and receipts from exchange-rate movements. Instead of leaving the exchange rate to chance when a payment is due, the finance team sets a hedging strategy, whether that means locking in a rate, averaging it over time or setting a range, and the software executes against it automatically.
The result is generally less exposure to unpredictable exchange-rate movements, giving finance teams more certainty over future costs, revenue and margins.
Modern FX hedging platforms typically connect directly to accounting software to identify exposure and book trades without the finance team managing individual transactions.
how bound's fx hedging software works.
1. Exposure identification
Bound connects to Xero, QuickBooks, NetSuite, Stripe, Revolut, Google Sheets and bank feeds to calculate your live FX exposure from invoices and upcoming payments. Connecting your accounting software is optional. You can also use Bound without an integration.
4. Amendments
Change or cancel a trade in the platform, with the cost shown before you confirm any amendment.
5. Reconciliation
Trade records automatically write back to your accounting software, such as Xero, where the integration is active.
three strategies built into the software.
FORWARDS
Lock in an exchange rate for a future date, so you know what you’ll pay or receive in advance. Suited to businesses where exchange-rate movements can have a direct impact on margins, including importers, exporters and lenders making foreign-currency loans.
averaging
Spread your hedging across a series of smaller trades over time, rather than locking in one rate all at once. Often called layering, this gives you an average exchange rate across the period. Suited to businesses that don’t need to achieve a specific rate, but want to avoid getting the timing badly wrong. It’s a good fit for teams that don’t want to watch exchange rates every day, but still want a consistent approach to managing FX.
RANGING
Set the best and worst exchange rates you’re comfortable with, rather than locking in today’s rate. Bound then keeps the rate within that range. Suited to businesses with a budget rate to protect, but that still want the opportunity to benefit if the market moves in their favour.
Bound’s FX specialists can help you understand the different strategies, or you can choose a strategy and set the parameters yourself.
connects to the accounting software your team already uses.
Bound connects to Xero, QuickBooks, NetSuite, Stripe, Revolut, Google Sheets, and bank feeds. Exposure from invoices and purchase orders is identified automatically. Trade records write back to Xero automatically where the integration is active. Integration is optional: the platform works self-serve without any connected source.
pricing you can see before you confirm.
Bound charges a spread on FX transactions. No setup fees, no monthly subscription, no per-seat licences. The cost is shown on screen before every trade and amendment is confirmed.
Businesses can hedge without a margin deposit, so they don’t have to tie up working capital, in exchange for a higher spread than the 5% margin deposit option. The margin deposit option is not available to retail clients. The fee is 0.05% for a date change, 0.05% for an amount reduction, with the fee shown on screen before you confirm any change.
fca regulated.
Bound holds two FCA authorisations: as an investment firm (FRN 966723) and an Electronic Money Institution (FRN 1036025). Cash held on account is ring-fenced under our EMI permission. When a regulated FX contract is in your favour, we hold the equivalent client money in a segregated account. Eligible client money for regulated FX hedging is protected by the FSCS up to £120,000 per eligible customer. Bound is also ISO 27001 certified.
Safeguarded funds
EMI license
FCA regulated
ISO 27001 certified
companies using bound's fx hedging software.
Automated workflow platform
Used Bound's averaging strategy on a six-month rolling programme converting USD to EUR. Programme scaled from $800K to $2M per month.
Fraud detection company
Used Bound's rate-locking capability at the point of invoice to fix exchange rates on international revenue, keeping P&L data clean.
traded on behalf of over 200 companies
frequently asked questions.
What is FX hedging software?
FX hedging software lets a business set a hedging strategy and automatically execute trades against it. Instead of waiting until a foreign currency payment or receipt is due and taking whatever the exchange rate is then, the business can lock in a rate, spread trades over time or set a rate range in advance. This gives finance teams more certainty when planning budgets, costs and revenue. Connecting your accounting software can also give you a live view of your FX exposure and automatically reconcile trades once they’re made.
How does automated FX hedging work?
Bound connects to a business's accounting software (Xero, QuickBooks, NetSuite, and others) to identify FX exposure from open invoices and planned payments. The finance team selects a hedging strategy, whether Forwarding, Averaging, or Ranging, and Bound executes trades against it without requiring manual booking for each transaction. Amendments are handled in the platform, with the cost shown before any change is confirmed.
Is FX hedging software only for large businesses?
No. Bound is designed for mid-market finance teams at businesses with ~$13.5M to ~$340M+ in revenue. Pricing tiers start at annual FX flow under $20M. The platform is self-serve, so businesses without a dedicated treasury function can run a hedging programme without external support.
What is the difference between FX hedging software and a broker?
A traditional FX broker executes trades on instruction, usually by phone or email, and manages the relationship manually. FX hedging software like Bound executes automatically against a strategy the finance team sets in advance, without requiring contact for each individual trade. Bound also shows the fee before every trade is confirmed, something most broker models do not. Bound's FX specialists are available for strategy guidance, but the execution is software-driven.
Does FX hedging software require an accounting software integration to work?
No. Bound connects to Xero, QuickBooks, NetSuite, Stripe, Revolut, Google Sheets, and bank feeds to identify exposure automatically, but the integration is optional. Many customers run Bound self-serve, using the platform as a pure execution layer. Additional connectors are built on request.