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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.

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.

Get more for your money on FX limit orders in 2024

We've got an offer to help you get started. Use the HSBC Expat Mobile Banking app to set up and execute a limit order by 31 December 2024 to take advantage of reduced charges. For more information please read our terms and conditions.

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

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Additional information

Terms and conditions for the limit order FX offer:

  • The 20% margin discount is available to all customers* who use the FX limit order feature on the mobile banking app
  • The discount will run from 00:00 on 15 July 2024 to 23:59 on 31 December 2024 unless withdrawn earlier
  • Normal market exchange rates and conditions apply
  • The offer may be withdrawn at any time without notice at the bank’s absolute discretion
  • Any transactions that execute after the end date will not have the discount applied and will receive the normal rates applicable at that time
  • All currencies that are available with the FX limit order service are included in the discount
  • The customer must have an Expat account in the desired currencies to place an order

*The discount will not apply to customers who have an agreed fixed margin FX plan.

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