Citibank has foreign exchange margin trading, where can I apply for an account.

Updated on Financial 2024-02-20
25 answers
  1. Anonymous users2024-02-06

    At present, only a few banks, such as Bank of China, have personal foreign exchange business, but it is real. China has not yet liberalized margin trading in foreign exchange.

    Foreign exchange margin trading (also known as foreign exchange speculation) refers to the signing of a contract with a (designated investment) bank, opening a trust investment account, depositing a sum of funds (margin) as a guarantee, and setting a credit operation limit by the (investment) bank (or brokerage bank). Investors can freely trade spot foreign exchange of the same value within the quota, and the profit or loss caused by the operation will be automatically deducted or deposited from the above-mentioned investment account. It allows small investors to use smaller funds, obtain larger trading amounts, and enjoy the same use of foreign exchange transactions as a risk avoidance and create profit opportunities in exchange rate fluctuations like global capital.

    Forex margin trading was first created in London in the 80's.

    Foreign exchange margin trading is when investors trade foreign exchange with a trust provided by a bank or broker. It makes full use of the principle of leveraged investment, a forward foreign exchange trading method between financial institutions and between financial institutions and investors. In trading, investors only need to pay a certain margin to carry out 100% of the amount of trading, so that those investors with a small amount of capital can also participate in the financial market for foreign exchange trading.

    According to the level of foreign developed countries, the general financing ratio is maintained at more than 10-20 times. In other words, if the financing ratio is 20 times, then investors only need to pay about 5% of the margin to be able to trade foreign exchange. That is, investors only need to pay $5,000 to make $100,000 forex trades.

    For example, if investor A trades foreign exchange on margin, the margin ratio is 1%, and if the investor expects the yen to be **, then he actually invests $100,000 (100 1%) in the margin, and the contract value is $10 million in yen. When the exchange rate of the yen against the US dollar is **1%, then the investor can make a profit of 100,000 US dollars, and the actual return reaches 100%. But if the yen is 1%, then the investor will lose all his capital and all the principal he has invested will be lost.

    Generally, when the investor's loss exceeds a certain amount, the dealer has the right to stop the loss. Although foreign exchange margin trading has advantages, it also has risks

  2. Anonymous users2024-02-05

    I just opened an account for foreign exchange margin trading, and I did it at Morgan, so I am interested in communicating together.

  3. Anonymous users2024-02-04

    Citibank has absolutely no foreign exchange margin business for individuals in Chinese mainland, and I will tell you with great certainty!!

    If someone tells you that, it's 100 percent. To be precise, all foreign-funded banks are not allowed to open foreign exchange margin business for individuals on the mainland, and at present, only a few banks such as the Bank of China have personal foreign exchange business, but it is a real business.

    An industry insider tells you responsibly.

  4. Anonymous users2024-02-03

    Citibank does not have foreign exchange margin trading for individual customers in Chinese mainland.

  5. Anonymous users2024-02-02

    At present, the property market is sluggish, ** is cleared, and prices are soaring. So I believe that if you have investment-minded friends around you, you are talking about foreign exchange speculation, which refers to London gold, commonly known as spot. Speculating on foreign exchange is foreign exchange margin, how to speculate?

    Forex speculation** Beginner? Which is a good investment? These novices ask a lot of questions, but in fact, these require you to spend time and energy on the bus to experience and analyze them yourself.

    In fact, they all belong to high-income and high-risk investment and financial management, and they are all similar. As long as you put in the effort to learn.

    At present, foreign exchange speculation is still an early investment and financial management behavior, and I personally think that early investment behavior is easier to make money.

    It is recommended that newbies sign up for a demo first to see what exactly is forex speculation**. Slowly you will understand

  6. Anonymous users2024-02-01

    It is true that there is forex margin trading. At the beginning, the platform I used to do foreign exchange was also in cooperation with Citibank. Generally, it is a leverage ratio of 1:200.

  7. Anonymous users2024-01-31

    There are foreign exchange transactions, but the transaction cost will be relatively high, and the capital threshold is relatively high, if you are a small capital, just choose some small and medium-sized platforms.

  8. Anonymous users2024-01-30

    Citibank does not have it, if you want to do foreign exchange margin trading, it is recommended that you go to Huaxia Jinhui Network to do better.

    References: Search "Huaxia Jinhui Network".

  9. Anonymous users2024-01-29

    To open an account for foreign exchange margin trading, you need a copy of your ID card, your email address, and then fill out your account opening application form, obtain your account and password, and change your password. You can deposit funds to trade. The premise is that you know how to trade, I added you as a friend, you can ask me if there is anything you don't understand.

  10. Anonymous users2024-01-28

    A friend of mine also went to speculate on foreign exchange some time ago, and I heard that he also made some money. However, he said that he went to an investment company, which saved worry and effort, and guaranteed that he would earn an average of 5% per month. They will teach him how to open an account, and they will tell you exactly how to get it.

    The key is to choose a good company and platform. The ikon platform is not bad, at least less than the interview of ** station, and I wish you a fortune at the end.

  11. Anonymous users2024-01-27

    1. First of all, you need to open a real account application form. After filling out and printing and signing, submit the application form together with a copy of your ID card and proof of address (such as water bill, electricity bill, gas bill, etc., as long as it has your home address on it). Please note:

    Orders within the last three months) will be sent to us by e-mail.

    2. After the review is passed, you can go to the bank to inject funds into the account.

    3. After the funds are received, you can start your foreign exchange trading journey after receiving the password and password!

  12. Anonymous users2024-01-26

    Recently, many recent college graduates are very interested in copying foreign exchange, so how to copy foreign exchange in order to make money?

  13. Anonymous users2024-01-25

    Hello! To open a foreign exchange account, you must first determine whether you intend to operate foreign exchange real or foreign exchange margin according to your risk tolerance and the size of your funds, and the characteristics and account opening methods of the two methods are as follows:

    1.Forex Trading:

    Generally open an account in a bank to trade, such as China Merchants Bank or ICBC, I personally currently have accounts in China Merchants Bank and ICBC, the characteristics of the real market are that the risk and return are relatively small, and the transaction fee (spread) is slightly larger, generally 10 30 points. If the operation is good, the annual income is generally 5% to 10%. Funds that are too small may have limited returns.

    Account opening steps: go to the bank counter to apply for opening a foreign exchange account, then purchase foreign exchange and deposit into the account, sign a foreign exchange transaction agreement with the bank, apply for opening online banking, and then log in to the bank's ** with a personal computer at home, and enter the online banking for transactions.

    2.Foreign Exchange Margin:

    Generally through the domestic foreign exchange broker or directly to the foreign investment company ** to apply for an account, margin trading according to the establishment of ** size of the difference, risk and return vary greatly, I am currently generally operating with a relatively stable 5 10 times leverage, the general annual income of 100% no problem. The general spread is 3 to 10 pips. The disadvantage is that it has high requirements for the operator's capital management, and it is generally impossible to resist after making mistakes.

    The foreign exchange leverage ratio stipulated by the Hong Kong Securities and Futures Commission is 1:20, that is to say, it is 20 times leverage, which is conducive to the control of funds and ** relative to leverage.

    3.Forex Account Opening Demo Trading:

    Forex account opening demo trading usually refers to risk-free forex trading with a demo account of forex trading software before trading forex is carried out. It is a method often used by beginner investors to familiarize themselves with forex trading software and the forex market.

  14. Anonymous users2024-01-24

    Domestic banks such as Bank of China have similar business, but the handling fee is very high, and there is no leverage, so it is necessary to invest a large amount of funds, or you can consider the external disk, it is recommended to choose the British FCA or the United States NFA regulatory platform, the United Kingdom and the United States are more strictly regulated, and the safety of funds is more guaranteed.

  15. Anonymous users2024-01-23

    First of all, don't easily believe that others can take you to make money, most of them are pits. Believe that you are the king, read books by yourself, simulate trading, test the water in real trading, and sum up experience. Open an account on the official website yourself, find a regulated platform, and a platform with a better evaluation.

    I have done a lot of platforms, and now I basically trade mainly on the FXTM platform, firstly, the spreads are relatively low, the variety is full, and secondly, the customer service response is very fast, which is more comfortable. There is basically no need to worry about the risk of running away and not allowing withdrawals. Of course, investment is definitely risky, and it is best for us to invest only a part of the funds and not affect our lives.

  16. Anonymous users2024-01-22

    Open an account with an official website and an analyst to open an account, the analyst teaches you to operate the transaction, the official website, to open an account by yourself, to operate the transaction by yourself, will not give you any guidance, such as the use of software, the use of the mobile phone version, will not give you services, so if you open an account, there are more people who choose to open an account with the analyst, professional one-to-one customer service, but also bring you stable profits, this is what everyone wants. Combined with the psychological reactions of all customers, it is best to choose to open an account with an analyst. After all, everyone wants to make a profit when investing.

    With my nine years of experience in analysis and operation, I will send you a sixteen-word mantra: cash is the king, homeopathy is king, the point is the phase, and the stop loss is holy.

  17. Anonymous users2024-01-21

    The old FCA regulated ATFX can learn about the safety of funds with low spreads.

  18. Anonymous users2024-01-20

    At present, there are very few foreign exchange retail margin business of foreign banks, and most of the foreign exchange business of banks involves real delivery trading business.

    I am in Shanghai, and the ones I have come into contact with, such as Deutsche Bank, Citibank, HSBC, UBS, etc., are not able to carry out foreign exchange margin business in China.

  19. Anonymous users2024-01-19

    At present, there are two main ways for domestic investors to engage in foreign exchange trading: one is to do real trading through the foreign exchange trading business opened by major domestic banks, and the other is to conduct margin trading through foreign foreign exchange dealers.

    The first thing to note is that foreign traders generally offer leverage of 1:100 or even 1:400. Therefore, foreign traders occupy relatively small customers' funds, and of course, the risks borne by customers are relatively large.

    Secondly, the interest rates of currencies in different countries are different, and interest income can be obtained when the currency with higher interest is held overnight; Conversely, if an investor** holds a position in a low-interest currency overnight, he will need to pay interest. Investors should try to sell low-interest currencies in high-interest currencies when trading. Compared with domestic banks, foreign dealers are more fair and standard in interest calculation.

    Finally, the foreign exchange market is affected by many factors such as national policies and economies, so the trading software used by investors must be able to better and faster respond to changes in the world, and at the same time, it must also be able to ensure that orders can be placed and closed at any time. In these aspects, foreign countries have more advantages than domestic banks in terms of software technology due to the long time of foreign exchange transactions.

  20. Anonymous users2024-01-18

    Generally, our national bank can do at least 20 pips (a transaction charges at least about 200 US dollars).

    Hong Kong companies can do it, and the handling fee is about the same.

    Foreign companies can do it, and the handling fee is half of the above and slightly less.

    The legal companies in China are all Hong Kong or foreign exchange companies**. Therefore, the only way to deal with companies other than banks is to act as intermediaries through these companies (there are no relevant institutions of foreign companies in the mainland), but these companies are only intermediaries and are not qualified to receive money.

    Therefore, the specific process is generally that a mainland company will introduce you to a foreign company, and if you think it is appropriate, you will mail you an account opening contract that indicates some important transaction matters, and you will send it back after you sign it, and you will receive a username and password for the corporate account in the dealer's cooperative bank, and when you think it is appropriate (such as when you think there will be a good **), you can trade with money into the trading account.

    But pay a little attention to the fact that domestic companies do not have the right to collect your money, it is impossible to collect RMB!

  21. Anonymous users2024-01-17

    You can open an account and find an investment company! The most important thing is to distinguish whether the trader is legitimate or not, and not to be deceived.

  22. Anonymous users2024-01-16

    If you want to open an account with an investment company, if you can't open an account at the bank now, you need to use a copy of your ID card and the bank card used to open an account to transfer the account, and then you can apply for an account, and there is a contract to sign.

    There is an opportunity to exchange experiences.

  23. Anonymous users2024-01-15

    Foreign exchange margin account opening is not limited to the region, the most important thing is to find a large operator, so that the funds are guaranteed, interested in the blog to have a look, provide free training.

  24. Anonymous users2024-01-14

    Shijiazhuang Huiying Investment Consulting**** Foreign exchange margin account opening, foreign exchange account opening.

  25. Anonymous users2024-01-13

    At present, the bank's policy on opening an account is very tight, and the current opening of a company account is in addition to providing company information, business contracts and statements. It is also necessary for the customer to prove his or her qualifications, which is reflected in the fact that the bank will require the customers who open an account to buy their ** insurance or high-value wealth management products to prove their qualifications. At this time, it will be easier to open an account through internal channels.

    Let's talk about what information you generally need to provide to open an account in Hong Kong Standard Chartered Bank.

    1. Hong Kong company information.

    2. The business contract of the Hong Kong company and the corresponding bank statement.

    3. ID card, pass, customs clearance receipt.

    4. Records of domestic personal banks in the past six months.

    5. Affiliated domestic companies.

    6. Domestic company account flow.

    7. Business contracts of domestic companies.

    8. Proof of address of directors and shareholders (e.g. utility bills).

    9. Proof of social security.

    In addition to the above information, they will also be required to purchase their wealth management products.

    To open an account through the best channel, the information will be reduced a lot, and through the best channel, there is generally no need to buy financial products, which is the more critical point.

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