Why FXLocker
In scrap metal trading, deals often involve different currencies. Exchange rate changes can cut into profits and create uncertainty. ScrapEX FXLocker lets you lock in exchange rates within seconds, so your trades stay stable, predictable, and protected.
Protect Your Margins
Prevent unexpected currency losses that reduce profits.
Instant Rate Lock
Lock in your FX rate online in seconds — no banks, no long processes, no delays.
Multi-Currency Support
Trade in USD/JPY, USD/HKD, USD/CNH, USD/CHF, USD/GBP, EUR/CHF, and more with confidence.
Flexible Coverage
Protect a single deal or your entire trading pipeline.
International Trade
Enter new markets without worrying about volatile exchange rates.
Balanced Solution
Both suppliers and consumers gain certainty, making negotiations smoother.
Financial Predictability
Plan cash flows with confidence by knowing your exact costs and revenues in advance.
Seamless Integration
FXLock works alongside other ScrapEX services like PriceConverter and FastPay.
How FXLocker works
  • Register Account
    Register an account with ScrapEX
  • Get Verified
    Submit all required information and documents to pass the ScrapEX KYB procedure and become ScrapEX verified business.
  • Request FXLocker Service

    Request FXLock service to trade with confidence

  • Use FXLocker
    Lock FX exchange rates for your deals using your phone or laptop any time anywhere
Imagine This:
You’ve agreed on a copper shipment priced in USD, but your operating costs are in EUR. A sudden shift in exchange rates could shrink your margin overnight. With ScrapEX FXLocker, you lock the USD/EUR rate instantly and secure your profit, no matter what happens in the FX market.
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