FOREIGN EXCHANGE(FX) TRADING SERVICES

Balance your portfolio with Foreign Exchange(FX) Trading Services.

Foreign Exchange (FX) Trading Services

Using Foreign Exchange (FX) Trading Services not only diversify your portfolio risk, but also maintain the liquidity of your capital based on your own needs. Moreover, you may capture any upside opportunities by way of FX trading. Nevertheless, FX trading is subject to rate fluctuations, which may present both opportunities and risks, including the possible loss of the principal amount invested.

Contact our Investment Service Hotline at (852) 2860 0222(852) 2860 0222 or visit any Citibank branch.

Features
  • Help you capture the potential capital appreciation of foreign currencies
  • Offer up to 11 currency choices: HKD, USD, GBP, JPY, EUR, CHF, AUD, CAD, NZD, SGD and RMB
  • Provide 24-hour Order Watching Services2 on Foreign Currency Transactions and Foreign Currency Trading
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To allow you enjoy total peace of mind in trading foreign currencies, Citibank provides you with the 24-hour Order Watching Service on Foreign Currency Trading Transactions. Simply set up your order and we will buy or sell your designated currency automatically when the pre-set criteria are reached. Simply click on each of the following tabs to understand how each order type would help you to capture the opportunities or limit your losses at different market scenarios.

If the spot rate of AUD/HKD is 1 AUD = 7.0990 HKD and you don't want to buy now but want to buy at a lower price, for example when 1 AUD = 7.0500 HKD. Place a "Normal" order to "Buy" AUD at 1 AUD = 7.0500 HKD. The order will be executed when the price of AUD/HKD falls to 1 AUD = 7.0500 HKD. However, the order will expire if the price of AUD/HKD surges after the order is placed.

Example:

Normal

Disclaimer:

The above illustrative example is hypothetical provided for illustrative purpose only. The scenarios are not based on the past performance of foreign currency. The Bank is not making any prediction of future movements In foreign currency by virtue of providing the illustrative example. It does not represent all possible outcomes or describe all possible factors that may affect the payout of a transaction in Foreign Exchange Order Watching.

A "Stop Limit" order can help you to minimize potential losses or to protect unrealized gains at a pre-set level in adverse market conditions. You can place a "Stop Limit" order to "Buy" when the price rises to a specified price or "Sell" when market falls to a specified price. You are holding AUD purchased at 1 AUD = 8.0000 HKD. You assume the current trend is not to your advantage and so prepare to take a position to limit the losses. Place a "Stop Limit" order to "Sell" AUD/HKD by limiting your losses at 1 AUD = 7.0500 HKD. The order will be executed when the price of AUD/HKD falls to 1 AUD = 7.0500 HKD.

Example:

Stop Limit

Disclaimer:

The above illustrative example is hypothetical provided for illustrative purpose only. The scenarios are not based on the past performance of foreign currency. The Bank is not making any prediction of future movements in foreign currency by virtue of providing the illustrative example. It does not represent all possible outcomes or describe all possible factors that may affect the payout of a transaction in Foreign Exchange Order Watching.

After the first instruction is executed when you to take a position, the second will be activated so that you don't miss the chance to take profit. For example, the spot rate of AUD/HKD is 1 AUD = 7.0990 HKD and you place an "If Done" order to "Buy" AUD at 1 AUD = 7.0500 HKD and then "Sell" AUD if the price rises to 1 AUD = 7.1500 HKD.

Example:

If Done

Disclaimer:

The above illustrative example is hypothetical provided for illustrative purpose only. The scenarios are not based on the past performance of foreign currency. The Bank is not making any prediction of future movements in foreign currency by virtue of providing the illustrative example. It does not represent all possible outcomes or describe all possible factors that may affect the payout of a transaction in Foreign Exchange Order Watching.

There might be a chance to take profit or a need to cut your losses. The "OCO" order helps you fix the profit or loss of your position. You are holding AUD purchased at 1 AUD = 7.0500 HKD. Place an "OCO" order to "Sell" AUD at 1 AUD = 7.1500 HKD to take profit, or "Sell" at 1 AUD = 7.0000 HKD to stem the losses. You can set both the take profit and stop loss orders at the same time, although the orders may not be necessarily carried out.

Example:

One-cancel-the-other (OCO)

Disclaimer:

The above illustrative example is hypothetical provided for illustrative purpose only. The scenarios are not based on the past performance of foreign currency. The Bank is not making any prediction of future movements in foreign currency by virtue of providing the illustrative example. It does not represent all possible outcomes or describe all possible factors that may affect the payout of a transaction in Foreign Exchange Order Watching.

Combination of the "If Done" & "OCO" orders. If the spot rate of AUD/HKD is 1 AUD = 7.0990 HKD, you can place an "If Done OCO" order to "Buy" AUD at 1 AUD = 7.0500 HKD and to "Sell" AUD at 1 AUD = 7.1500 HKD to take profit or "Sell" at 1 AUD = 7.0000 HKD to stem the losses. If the 1st instruction is executed then the 2nd instruction of either taking profit or stopping losses will be activated.

Example:

If Done OCO

Disclaimer:

The above illustrative example is hypothetical provided for illustrative purpose only. The scenarios are not based on the past performance of foreign currency. The Bank is not making any prediction of future movements in foreign currency by virtue of providing the illustrative example. It does not represent all possible outcomes or describe all possible factors that may affect the payout of a transaction in Foreign Exchange Order Watching.

Currency Choices

11 Major Currencies

EUR, USD, GBP, NZD, HKD, CAD, AUD, CHF, JPY, SGD and RMB.

  • Comprehensive Market Insight Stay up to date with market information.

Remarks:Remarks:

  • The minimum transaction amount for Order Watching Service on Foreign Currency Transactions is US$10,000. The bank may follow market practice and conditions and conduct transactions with customer on any foreign exchange contract in a manner acceptable to the Bank.

Important Disclaimer:Important Disclaimer:

This website is for information only and does not constitute any offer or solicitation to buy or sell. The risk of loss in foreign exchange trading can be substantial. Foreign currency trading is subject to rate fluctuations which may provide both opportunities and risks. Foreign exchange trading involves risk, including the possible loss of the principal amount invested. RMB exchange, like any other currency, is subject to exchange rate fluctuations. The exchange rate of RMB can go up and down. The applicable rate of RMB exchange is the offshore (“CNH”) rates. Placing contingent orders, such as "stop loss" or "stop limit" orders, will not necessarily limit losses to the intended amounts. Market conditions may make it impossible to execute such orders. Investors may experience a loss when they convert foreign currency back to their home currency. Foreign currency trading involves risk, including the possible loss of the principal amount invested. Investors should therefore carefully consider whether such trading is suitable in the light of their own financial position, investment objectives and risk profile. Exchange Controls imposed by the relevant authorities may also adversely affect the applicable exchange rate.

The above illustrative example is hypothetical provided for illustrative purpose only. The scenarios are not based on the past performance of foreign currency. The Bank is not making any prediction of future movements in foreign currency by virtue of providing the illustrative example. It does not represent all possible outcomes or describe all possible factors that may affect the payout of a transaction in Foreign Exchange Order Watching.