FX Margin Trading

The right investment at the right time

Foreign Exchange (FX) Margin Trading is specially designed for knowledgeable investors, enabling you to trade in currencies for as much as 20 times your margin deposit with a minimum outlay. You’ll also gain the benefits of our professional 24-hour trading services.

  • Give your investments an edge and exploit every market opportunity

  • Visit any of our branches to open FX Margin Trading account. No set up fee is required.

  • Trade in currencies for as much as 20 times your margin deposit

  • With a minimum investment of USD5,000, you can trade in currencies in an amount as much as 20 times your margin deposit - giving you the tools you need to win in the ever-changing FX market

  • No restrictions on cross currency pairs

  • Treasury professionals

  • Available 24 hours round-the-clock to execute your orders

  • Continuous service in public holidays and bad weather

  • Retrieve your latest account balance online:

  • Get information on your Account Summary, Net Currency Position, Trade History, Outstanding Trades, Settled Trades, Collateral Details and Reference Interest Rate anytime around-the-clock

  • Interest earning margin deposits and no haircut on time deposits

  • Trading Hours and Channels:

  • 24 hours FX Margin Trading Hotline

  • Wide Range of Trading Currency Choices (in 11 currencies)

  • We offer a wide range of currencies combinations and you can choose from 11 currencies to compose any type of cross-currency trading

  • Category A Currencies (20 times leverage)

  • Australian Dollar, British Pound, Canadian Dollar, The Euro, Japanese Yen, New Zealand Dollar, Chinese Yuan (Offshore), Swiss Franc, U.S. Dollar, Hong Kong Dollar

  • Category B Currencies (10 times leverage)

  • Norwegian Krone

  • Investor views that the USD/JPY exchange rate will rise fx margin trading

    Strategy:Buy USD

    Sell JPY

    Long Position Contract Amount USD1,000,000
    Initial Margin(5%) USD50,000
    USD1,000,000 x 5%
    Leverage Ratio <= 20
    Original USD/JPY Contract Rate on Trade Day 80.00
    Interest Rate Differential on Long USD/JPY Position (swap point) per day +0.003
    Latest USD/JPY Contract Rate after 10 Days 80.03
    80.00 + 0.003 (swap point/day) x 10 Days

    On Day 10, investor sells USD at USD/JPY exchange rate 85.00 to square position
    Return on Investment: USD1,000,000 x (85.00 - 80.03) / 85.00 = USD58,470.59

    fx margin trading chart1

    All figures shown in the example including the exchange rate, contract rate and interest rate are for illustration only. You should not rely on the figures as any indication or guarantee of the expected return.

  • Investor views that the USD/JPY exchange rate will go down fx margin trading

    Strategy: Sell USD

    Buy JPY

    Long Position Contract Amount USD1,000,000
    Initial Margin(5%) USD50,000
    USD1,000,000 x 5%
    Leverage Ratio <= 20
    Original USD/JPY Contract Rate on
    Trade Day
    80.00
    Interest Rate Differential on Short USD/JPY Position (swap point) per day -0.0033
    Interest Rate Differential on Short USD/JPY Position (swap point) per day 79.967
    80.00 - 0.0033 (swap point/day) x 10 Days

    On Day 10, investor buys USD at USD/JPY exchange rate 81.00 to square position
    Return on Investment: USD1,000,000 x (79.967 – 81.00) / 81.00 = - USD12,753.09

    fx margin trading chart2

    All figures shown in the example including the exchange rate, contract rate and interest rate are for illustration only. You should not rely on the figures as any indication or guarantee of the expected return.


Note: Foreign exchange rates can move in favor of or against you. If they move against you to the extent that your margin deposit goes below 3% (for Category A currencies) or 5% (for Category B currencies) of your foreign exchange contract line of credit, we will endeavor to contact you as soon as possible to give you the option of depositing more funds or closing your position.

If the Remaining Margin is less than the Margin Call Threshold Amount, then the Bank may make a margin call on the Customer by oral, telephonic or written notice. If the Bank makes a margin call, customer shall deliver to the Bank not later than 48 hours after the margin call, additional margin in the amount of the difference between the Remaining Margin and the Initial Margin Amount. If at any time the Remaining Margin is less than the Liquidation Threshold Amount, then the Bank may immediately and without notice to customer close-out and liquidate all FX Transactions (including Margin Transactions) as provided for in the Agreement and apply all margin held by the Bank against any net loss resulting from such close-out and liquidation.

IMPORTANT: The risk of loss in leveraged foreign exchange trading can be substantial. You may sustain losses in excess of your initial margin funds. 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. You may be called upon at short notice to deposit additional margin funds. If the required funds are not provided within the prescribed time, your position will be liquidated without your consent. You will remain liable for any resulting deficit in your account. You should therefore carefully consider whether such trading is suitable in light of your own financial position and investment objectives.

Currency exchange rates are affected by a wide range of factors, including national and international financial and economic conditions and political and natural events. The effect of normal market force may at times be countered by intervention by central banks and other bodies. At times, exchange rates, and price linked to such rates, may rise or fall rapidly.

RMB Currency Risk: RMB is subject to the PRC government's control (for example, exchange restrictions). Besides, there is no guarantee that RMB will not depreciate. If customers convert Hong Kong Dollar or any other currency into RMB so as to invest in RMB denominated investment products and subsequently convert the RMB redemption proceeds back into Hong Kong Dollar or any other currency, you may suffer a loss if RMB depreciates against Hong Kong Dollar or other currency.

Exchange controls or other monetary measures may be imposed by a government, sometimes with little or no warning. Such measures may have a significant effect on the convertibility or transferability of a currency and may have unexpected consequences for a FX Transaction that the Customer is holding.

Please refer to the risk disclosures in the specific documentation of these products before making a decision to invest using margin or leverage.