How to place an FX limit order

The quickest way to place a limit order is in our mobile app. Find out how to do it, here.

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How to place an FX limit order

Plan ahead and trade on your terms

If you don't want to settle for the current exchange rate and you don't need your currency right away, a limit order might help you get more for your money.

You set the rate at which you'd like to exchange, and if that rate becomes available, the exchange will go through automatically. You won't need to monitor the market and you won’t miss out, even if things change quickly.

Find out more about limit orders

How to place a limit order

You can place a limit order using the HSBC Expat Mobile Banking app or through your relationship manager.

To place a limit order in the app, log on and follow these steps:

1. Go to the 'Foreign exchange' screen

From the 'Pay and transfer' tab, select 'Foreign exchange'.

2. Enter currencies and amount

Tell us the currencies and how much you want to exchange, then select ‘Set your target rate’.

3. Set target rate

Enter the rate at which you would like us to complete your exchange. It must be within 10% of the current HSBC rate.

4. Set expiry date

You can choose a date up to 3 months in advance. If your target rate isn't reached by this date, your trade won't go ahead.

5. Select your accounts

Choose the accounts you want to use, how you want to be notified, and hit 'Continue'. You'll then be asked to 'Accept and confirm' your limit order.

6. You're done!

You'll see a confirmation screen letting you know that your limit order has been placed.

Download the app

Scan the QR code to download HSBC Expat Mobile Banking app

Place a limit order on your mobile

Scan the QR code or tap the 'Get the app' button to download the HSBC Expat Mobile Banking app.

Get the app HSBC Expat Mobile Banking app

What is a limit order?

With a limit order in place, you won't need to monitor the market - you can sit back and wait for the trade to happen.

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