Summary: Citibank is one of the few traditional banking platforms that offer the direct investing of stocks through their online platform. Unfortunately, Citibanks investing feature is not as sophisticated as external brokerage platforms, that's why we suggest using a secure and trustworthy broker to buy stocks.
The best and most secure investing and trading platform for Citibank users is eToro. eToro is a global exchange that is available in over 140 countries and is regulated in multiple jurisdictions. In the US, it is regulated by FINRA, in Europe by CySEC, in the UK by FCA and in Australia by ASIC.
Can I buy stocks through Citibank?
Yes, Citibank offers its own investing services through its online platform called Citi Self Invest. It's essentially is a self-directed investment feature that is available on both web and mobile. With Citi Self Invest users can buy equities, ETFs and select mutual funds. However, we recommend avoiding this platform as it charges high fees and has a limited selection of assets.
If you want to buy stocks with Citibank, the best way is to go through a third-party broker like eToro. eToro is a multi-asset investing platform that provides over 8000 assets in six different classes including stocks, indices, ETFs, commodities, fiat currencies and even cryptocurrencies. Furthermore, it offers commission-free trading on stocks and ETFs. To learn more, visit our eToro Review.
How to buy Stocks with Citibank
The most affordable and reliable way to invest in stocks with Citibank is by going through the eToro exchange. Citibank users can deposit USD to eToro via multiple payment methods including Bank Transfer, Credit Card, Debit Card or Skrill. Follow the below steps to get started.
- Open a free account on eToro with your email address and complete verification.
- Click 'Deposit Funds', select a method and send money from your Citibank account.
- Head to the search bar, find the asset you want to buy and tap the 'Trade' button.
- Input the amount of USD you wish to invest in the stock and click 'Set Order'.
Can I invest in Citibank stocks?
Yes, Citigroups stock is publicly listed on the New York Stock Exchange, which is one of the financial markets supported on eToro. The Citibank stock is listed on the NYSE under the ticker symbol C. Below you can find a quick guide to buying Citigroups stock.
- Open the search bar and type in 'Citigroup' then click the 'Trade' button.
- Type in the amount you want to invest and tap 'Set Order'.
Is it expensive to purchase stocks?
Not if you use the eToro platform as it offers free and instant USD, EUR, AUD & GBP deposits on all its supported payment methods. Additionally, it charges zero commissions on stocks and ETFs (although there are fees to buy crypto, indices and fiat currencies). This means it's completely free to invest in stocks through eToro. The only cost you need to consider is a flat $5 USD fee on withdrawals.
Citibank is one of the world's largest and most well-known financial institutions, providing a wide range of banking and investment services to individuals and businesses around the globe. Founded in 1812, Citibank has been a leading provider of critical financial services for more than 200 years, with a reputation for excellence, innovation, and customer service.
With products ranging from traditional checking and savings accounts to credit cards and mortgages, Citibank is committed to helping customers meet their personal financial goals. The bank also offers specialized services such as wealth management and business banking to help both individual consumers and businesses maximize their financial potential.