Trading foreign exchange involves a high degree of risk. CitiFX Pro offers trading on margin. The leverage created by trading on margin can work against you as well as for you, and losses can exceed your entire investment. Before opening an account and trading, you should ensure that you understand the risks and can withstand the losses and that you seek advice from your advisors as appropriate. Please visit www.citifxpro.com/asia and review Full Risk Disclosure, Explanation of Pricing and Privacy Disclosure carefully before opening an account. The views in this communication should not be considered as investment advice. Any trading or investment decision you take should be based upon your own independent judgment and/or advice from your advisors, as you deemed necessary . CitiFX Pro is a service offered to you solely by Citibank N.A., New York, 390 Greenwich Street, New York, NY 10013 and not by any other branch, subsidiary, or affiliate of Citibank NA (including Citibank (Hong Kong) Limited and Citibank N.A. Hong Kong Branch). Citibank N.A. is an entity organized under the laws of the United States of America. You should note that margin funds transferred to an account of Citibank NA in Hong Kong in respect of CitiFX Pro is not currently protected by the Deposit Protection Scheme in Hong Kong.] [Margin funds transferred to an account of Citibank NA in Singapore in respect of CitiFX Pro, will not benefit from protection under the Deposit Insurance and Policy Owners' Protection Schemes Act 2011. In Singapore, CitiFX Pro is provided by Citibank N.A., New York branch under an arrangement with Citigroup Global Markets Singapore Pte Ltd ("CGMSPL"). CitiFX Pro is directed only at persons in Singapore who qualify as an "accredited investor" or "expert investor" or "institutional investor", each as defined in the Securities and Futures Act, Chapter 289 of Singapore ("SFA") save that the definition of "expert investor" in the SFA is, for the purposes of CitiFx Pro, subject to the modifications in the next paragraph. For the purposes of CitiFX Pro, an individual will qualify as an "expert investor" only if the individual has experience in trading in financial markets, as part of the individual's business or employment and shall not include individuals whose experience consists solely of trading in financial markets in a proprietary or personal capacity. For the purposes of CitiFX Pro, a non-individual will qualify as an "expert investor" only if it is (i) a company or association or body of persons, corporate or unincorporated, whose business involves the acquisition and disposal or the holding, of "capital markets products" (as defined in the SFA), whether as principal or agent; and (ii) wholly-owned by persons who themselves qualify as an "accredited investor" or "expert investor" or "institutional investor" (each as defined in the paragraph above) in their own right. If you are not an "accredited investor", "institutional investor", or "expert investor", you will not be permitted to open a CitiFX Pro account. For more information on CitiFX Pro and/or information regarding how to demonstrate your qualification as an "accredited investor" or "expert investor" or "institutional investor", please refer to the application form or contact us directly at +65 3158 0363, or at sales@citifxpro.com.
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Pricing Terms & Conditions
- Clients that have an account size in excess of $50,000 at the time of initial funding (or equivalent in other currencies) will be eligible to receive 'Premium Account' pricing. It is assumed the client will maintain an average balance above that threshold to continue to receive 'Premium Account' pricing. Premium Account' pricing is not applicable to accounts which are introduced through an Intermediary such as an Introducing Broker.
- Client pricing is set up at the time the account is opened. If the account size increases subsequently and the client believes they should be eligible for 'Premium Account' pricing, it is the client's responsibility to make this known to CitiFX Pro.
- Citi reserves the right to offer clients 'Premium Account' pricing based solely on its own assessment. CitiFX Pro makes no retrospective rebates.
- If clients account balance falls below $50,000 for a sustained period, Citi reserves the right to change the pricing from 'Premium Account' to 'Standard Account' without notice to the client.
