hsbc brokerage account fees

the circumstances under which you may become obliged to make or take delivery of the underlying interest of a futures contract and, in respect of options, expiration dates and restrictions on the time for exercise). Simple and clear fees. Market conditions may make it impossible to execute such orders. The amount of initial margin is small relative to the value of the futures contract so that transactions are "leveraged" or "geared". without your written consent) if the licensed or registered person issues you a reminder at least 14 days prior to the expiry of the authority, and you do not object to such deemed renewal before the expiry date of your then existing authority. You should make the decision to invest only after due and careful consideration. 8. In some circumstances, you may sustain losses in excess of your initial margin funds. endstream endobj 10.2 Suspension or restriction of trading and pricing relationships Market conditions (e.g. Fidelity and TD Ameritrade are two examples. There may be other fees, charges, levies, tax and interest that apply to certain securities or particular security trading services provided by the Bank that are introduced and/or charged by the relevant service providers, government or regulatory bodies. 416 0 obj <]>>stream Risk of Providing an Authority to repledge your Securities Collateral etc. 11. HSBC Premier clients No charge All others $1.75 Per document Miscellaneous Fees Fee Amount Frequency Safekeeping/Foreign Custody Fees** HSBC Premier clients No charge All others $2.00 Per position If the market moves against your position or margin levels are increased, you may be called upon to pay substantial additional funds on short notice to maintain your position. You pay a quarterly account fee of £10.50 which covers the costs of us running your account and administering your investments. Service Charges & Fees. Several on-line discount brokers have eliminated IRA fees in the past few years. You should also ensure that you fully understand the potential risks and rewards and independently determine that they are appropriate for you given your objectives, experience, financial and operational resources and other relevant circumstances. It provides investment services including Risk Profiling, Accounts, investment knowledge, etc. Please visit your local country or region's HSBC website for more information. When we contacted HSBC, they said that the fees are disclosed in the Pre-Payment and Receipt Disclosures you receive with every transfer. To close an IRA, the brokerage firm charges $95, although Premier clients pay … As with all facilities and systems, they are vulnerable to temporary disruption or failure. @��&^��:Qg�%8(��3D��>�j)Ն�3�~д�m+�}\� ��4L Your HSBC Expat account(s) will be governed by the terms of business of HSBC Bank plc, Jersey Branch. Earn up to $50 cashback 7 each month on eligible purchases when you tap and pay with Visa payWave, Google Pay TM or Apple Pay 8 under $100.. put or call) which they contemplate trading and the associated risks. With an HSBC Online Share Trading Account, you can: Trade online from $19.95 per trade up to $20,000 and 0.11% for trades over $20,000. Box Size. The seller will be liable for additional margin to maintain the position if the market moves unfavourably. There are also no fees for moving money between your accounts using Global Transfers, and there are no annual account fees. HSBC Securities (USA) Inc. is a registered investment adviser that serves as the Investment Adviser for the HSBC Spectrum and the Managed Portfolio Account (MPA) programs. Risk of Trading Warrants and Callable Bull/Bear Contracts. Conversion from Joint Account to Sole Account OR Sole Account to Joint Account. Debit and credit cards HSBC Advance. The absence of an underlying reference price may make it difficult to judge "fair value". Your ability to recover certain losses may be subject to limits on liability imposed by the system provider, the market, the clearing house and/or participant firms. Such limits may vary: you should ask the firm with which you deal for details in this respect. If your securities or securities collateral are received or held by the licensed or registered person in Hong Kong, the above arrangement is allowed only if you consent in writing. Learn what current accounts with interest HSBC offer and any associated charges. Keep up to date with our latest rates here. "stop-loss" orders, or "stop-limit" orders) which are intended to limit losses to certain amounts may not be effective because market conditions may make it impossible to execute such orders. Bonus interest on savings The purchaser is still subject to the risk of losing the premium and transaction costs. Current information on GEM stocks may only be found on the internet website operated by The Stock Exchange of Hong Kong Limited. No, there is no fee to open a brokerage account through HSBC Securities. HSBC (The Hongkong and Shanghai Banking Corporation) dates back to 1865. Risks of Client Assets Received or held outside Hong Kong. We use cookies to give you the best possible experience on our website. Although the licensed or registered person is responsible to you for securities or securities collateral lent or deposited under your authority, a default by it could result in the loss of your securities or securities collateral. the suspension of trading in any contract or contract month because of price limits or "circuit breakers") may increase the risk of loss by making it difficult or impossible to effect transactions or liquidate/offset positions. You should seek independent professional advice if you are uncertain of or have not understood any aspect of this risk disclosure statement or the nature and risks involved in trading of GEM stocks. HSBC Broking is a trusted broker dealer in Hong Kong. HSBC is best known in Europe, the Asia Pacific, and of course, here in North America. illiquidity) and/or the operation of the rules of certain markets (e.g. Free. Current Fee . 399 0 obj <>stream Individual Retirement Accounts carry a $35 annual fee, although HSBC waives it for Premier customers. Free. Of course, all investments carry risk – but not all risk is equal. (ii) Risk-reducing orders or strategies The placing of certain orders (e.g. The risk of loss in trading futures contracts or options is substantial. Subject to both the actual and perceived measures of the credit worthiness of its issuer and, there is no assurance of protection against a default by its issuer in respect of its payment obligations. Warrants and Callable Bull/Bear Contracts (CBBCs) are structured products which involve derivatives. The Customer is fully responsible for such fees, charges, levies, tax and interest. 10.4 Commission and other charges Before you begin to trade, you should obtain a clear explanation of all commission, fees and other charges for which you will be liable. ?�ۑSN�%y/��ǿ��0��?9}�q|�6�L� If you sign one of these authorities and your securities or securities collateral are lent to or deposited with third parties, those third parties will have a lien or charge on your securities or securities collateral. This can occur when, for example, the futures contract underlying the option is subject to price limits while the option is not. H��T�nA��W�qZb�]��' "Bc�E(r�E�'�~�W=�`P��Z�Uի�ӱv�SgY��:�k.��=�ь��M�N[�F�e�8j�K��椣��x�h�3. HSBC Bank PLC will act as your broker. Yet if you’ve too much sitting in your savings account, you could be missing out on the chance to earn more. It is as likely that losses will be incurred rather than profit made as a result of buying and selling securities. Services. If you undertake transactions on an electronic trading system, you will be exposed to risks associated with the system including the failure of hardware and software. You may be called upon at short notice to make additional margin deposits or interest payments. ��W-�ڑ�k�ْ�#9If��`� -�+)��P��o�`ґe��ƫԞ��j�;>�$)_[Il5jx �!,3+�c�ؐi�l��@$;b��)v� jt��. The seller will also be exposed to the risk of the purchaser exercising the option and the seller will be obligated to either settle the option in cash or to acquire or deliver the underlying interest. Brokerage rates Internet or mobile app trading fees Share and warrant trades Up to $20,000 $20,000 plus $19.95 0.11% Telephone trading Share and warrant trades ... For HSBC Online Share Trading account fees and charges click here. A cash account not involving securities borrowing and lending is available from most licensed or registered persons. $45.00 per item. %PDF-1.5 %�� Brokerage fee 2: 0.25% of contract value plus prevailing GST, min. Personal Banking. $48.00 per item. You should calculate the extent to which the value of the options must increase for your position to become profitable, taking into account the premium and all transaction costs. HSBC Broking Services (Asia) Limited Service Minimum Charge A Trade-related services • Brokerage commission*1 HKD / RMB100 HKD100 • Stamp duty (Charge levied by the HKSAR Government) (Please refer to HKEX for the applicable products) – • SFC transaction levy (Charge levied by SFC) – • HKEX trading fee (Charge levied by HKEX) – HSBC Securities Commission and Fee Schedule Effective February 8, 2016 HSBC Securities (USA) Inc. HSBC Online Securities Trading Brokerage Fee Promotion (“Promotion”) Promotional Terms and Conditions 1. By continuing to browse this site, you give consent for cookies to be used. Standing Instructions set-up for transfers between HSBC accounts in India. 2478 Susan Jamieson February 20, 2020, 3:01 pm The prices of securities fluctuate, sometimes dramatically. x�c```b``X�� ǀ |�@��c0D @1c/�C��$9�I,�Ngi`(PؐV��H�� HG The profit or loss in transactions in foreign currency-denominated contracts (whether they are traded in your own or another jurisdiction) will be affected by fluctuations in currency rates where there is a need to convert from the currency denomination of the contract to another currency. �^�/��_x-��5�8C��˅/�ܨf~�py�C��LX�J�^d��Jk�]��W��;��N��P�a�� v��o��T�b��a��퓜~��Ǉ�Q�J��R��=J��1;ށ*՘��S�\��p�4J^[��A Account not operated for more than 2 years. 1 HSBC Bank Middle East Limited, UAE Branch are only receiving the order as your agent and to transmit the order to HSBC Bank PLC for execution. You should therefore study and understand futures contracts and options before you trade and carefully consider whether such trading is suitable in the light of your own financial position and investment objectives. Risk of Trading Growth Enterprise Market Stocks. The greater risk profile and other characteristics of GEM mean that it is a market more suited to professional and other sophisticated investors. Transactions on markets in other jurisdictions, including markets formally linked to a domestic market, may expose you to additional risk. You should carefully consider whether trading is appropriate for you in light of your experience, objectives, financial resources and other relevant circumstances. Purchasers and sellers of options should familiarise themselves with the type of option (i.e. HCBC InvestDirect Canada is one of the country’s well-known online discount brokerages. Growth Enterprise Market (GEM) stocks involve a high investment risk. HSBC Advance customers under the Advance Newcomer program (for landed immigrants, foreign workers or new residents of Canada within the past three years) have 6 months from the date they open an account to meet the eligibility criteria. HSBC's $10.99 commission is also higher than what many other discount firms charge today. If you do not require margin facilities or do not wish your securities or securities collateral to be lent or pledged, do not sign the above authorities and ask to open this type of cash account. If the option is not covered, the risk of loss can be unlimited. GEM stocks may be very volatile and illiquid. You may sustain losses in excess of your cash and any other assets deposited as collateral with the licensed or registered person. For a full listing of all HSBC Securities’ products, services, and offerings, please see HSBC’s Form CRS and HSBC’s Brokerage … © Copyright. Transactions in futures carry a high degree of risk. You should note that The Hongkong and Shanghai Banking Corporation Limited acting through its appointed liquidity provider may be the only market participant in HSBC-issued warrants and CBBCs. Our contact centres are extremely busy at the moment, please don’t call us unless it’s urgent. Risk of Margin Trading The risk of loss in financing a transaction by deposit of collateral is significant. [��`��k�t��x)��C�6&��r��B�r��d�%��5�,��UF��e�ո�%^*R�LʇTM`[��w�l:mâ8��Y;@ݕ�w*�#�)�͕��܏ZKǅ֛kv*^Xѹ*�[09{�b�BʽfF�賣��N�,;��=��g��x��-�� Z��}�ۿW. You rely on the creditworthiness of the issuer of warrants and/or CBBCs. M1 Finance customers pay $0. Off-exchange transactions may be less regulated or subject to a separate regulatory regime. Service Charges & Fees. 9.2 Options (i) Variable degree of risk Transactions in options carry a high degree of risk. Service Charges & Fees. Consequently, such client assets may not enjoy the same protection as that conferred on client assets received or held in Hong Kong. Investment involves risk. You are warned that the prices of warrants and CBBCs may fall in value as rapidly as it may rise and holders may sustain a total loss of their investment. The maximum daily amount you can transfer is $200,000 to your own HSBC account and $15,000 to another HSBC account. Client assets received or held by the licensed or registered person outside Hong Kong are subject to the applicable laws and regulations of the relevant overseas jurisdiction which may be different from the Securities and Futures Ordinance (Cap.571) and the rules made thereunder. Questions about how the coronavirus is affecting your finances or our services? You should therefore carefully consider whether such a financing arrangement is suitable in light of your own financial position and investment objectives. Additional Risk Disclosure for Futures and Options Trading This brief statement does not disclose all of the risks and other significant aspects of trading in futures and options. There is risk if you provide the licensed or registered person with an authority that allows it to apply your securities or securities collateral pursuant to a securities borrowing and lending agreement, repledge your securities collateral for financial accommodation or deposit your securities collateral as collateral for the discharge and satisfaction of its settlement obligations and liabilities. The result of any system failure may be that your order is either not executed according to your instructions or is not executed at all. The purchaser of options may offset or exercise the options or allow the options to expire. 10.8 Electronic trading Trading on an electronic trading system may differ from trading on other electronic trading systems. But an authority may be required by licensed or registered persons, for example, to facilitate margin lending to you or to allow your securities or securities collateral to be lent to or deposited as collateral with third parties. You are not required by any law to sign these authorities. Before you trade you should enquire about any rules relevant to your particular transactions. CBBCs have a mandatory call feature and may therefore be subject to early termination, upon which (i) investors in category N CBBCs will lose all of their investments in the CBBCs; and (ii) the residual value of category R CBBCs may be zero. USD 20 (USD 21.40 inclusive of GST) Clearing fee 2,3: 0.0325% of contract value, prevailing GST applies: SGX access fee 2,3: 0.0075% of contract value, prevailing GST applies: SGX listed securities: AUD securities Brokerage fee 2 Losses may be incurred as well as profits made as a result of buying and selling stocks. Further, normal pricing relationships between the underlying interest and the futures, and the underlying interest and the option may not exist. This brochure outlines the commissions and fees for your HSBC Securities account. Under certain circumstances the specifications of outstanding contracts (including the exercise price of an option) may be modified by the exchange or clearing house to reflect changes in the underlying interest. Account / Service: Returned items due to Non-Sufficient Funds (NSF) or reached credit limit. If the option is on a futures contract, the seller will acquire a position in a futures contract with associated liabilities for margin (see the section on Futures above). Upon insolvency of the issuer, you may get nothing back and the potential maximum loss could be 100% of the investment amount and no return may be received. 10.7 Trading facilities Electronic trading facilities are supported by computer-based component systems for the order-routing, execution, matching, registration or clearing of trades. By accepting a carefully-considered amount of risk, you can provide your money with better potential for growth. If the required margin deposits or interest payments are not made within the prescribed time, your collateral may be liquidated without your consent. Strategies using combinations of positions, such as "spread" and "straddle" positions may be as risky as taking simple "long" or "short" positions. If the required funds are not provided within the prescribed time, your position may be liquidated. �8�I��q��83e�q�ld��/��z-��Lf�,�z��qV�_.�Ĺ ��x]W��7*� The executed transaction will be settled by Pershing (Channel Islands) Limited and reflected in your Investment Account. It is our goal to make sure you are fully informed of the charges incurred for HSBC Securities services. Access a range of investment opportunities like shares, Exchange Traded Funds (ETFs) Managed Funds (mFunds) and more, all on one platform. If the purchased options expire worthless, you will suffer a total loss of your investment which will consist of the option premium plus transaction costs. Transaction fees apply to HSBC Advance MasterCard. For these reasons, these transactions may involve increased risks. View fee information documents, terms and conditions, and other useful information about your HSBC Current Account or Currency Accounts. We're here to help. You may be called upon at short notice to deposit additional margin funds. For more details please read our Cookie Policy. Download the latest Bank Tariff guide to see current Fees & Charges for Investment solutions. Placing contingent orders, such as "stop-loss" or "stop-limit" orders, will not necessarily avoid loss. If the option is "covered" by the seller holding a corresponding position in the underlying interest or a futures contract or another option, the risk may be reduced. You should consult the licensed or registered person and become familiarised with the PP before trading in the PP securities. $100 Bonus 6 when you deposit $2,000 or more each month for 3 consecutive months, within 6 months of opening your Everyday Global Account.. HSBC Tadawul HSBC Tadawul Plus HSBC Mubasher Direct Investment Centre: We offer customers access to the market through our toll free investment call centre, which is equipped with certified brokers , whom are ready to assist with any trading transactions and inquiries. The price of stocks may move up or down. In some jurisdictions, property which had been specifically identifiable as your own will be pro-rated in the same manner as cash for purposes of distribution in the event of a shortfall. By joining the Top Trader Club, you'll enjoy simplified volume-based brokerage fees for all your trading in Hong Kong Stocks, China A Shares and US Stocks. In particular, companies may list on GEM with neither a track record of profitability nor any obligation to forecast future profitability. The Hongkong and Shanghai Banking Corporation Limited 2002-2021. 10.9 Off-exchange transactions In some jurisdictions, and only then in restricted circumstances, firms are permitted to effect off-exchange transactions. These charges will affect your net profit (if any) or increase your loss. 6. Your local regulatory authority will be unable to compel the enforcement of the rules of regulatory authorities or markets in other jurisdictions where your transactions have been effected. The HSBC Top Trader Club is a pricing and loyalty programme that offers the opportunity to benefit from volume-based brokerage fees while earning up to 5% p.a. 397 0 obj <> endobj endstream endobj Moreover, you will remain liable for any resulting deficit in your account and interest charged on your account. You should be aware that the PP securities are not regulated as a primary or secondary listing on the Main Board or the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited. Current accounts . Paper Surcharge – Charged for brokerage accounts receiving statements and trade confirmations in paper format via regular mail instead of electronically. Free. New Fee. A pedestrian walks past an HSBC branch in Hong Kong. 9. Current Fee. V��8&��U�6��߈��7M\�'i��cqYpS�J��O�//n��y�z@M� You will remain liable for any resulting deficit in your account. #SO�S�}�G$er��Z+-\k5�X5B��F��S�#G��>`��fEWت��p��=J%�4x[;��:k2 /�z5�E��3��t�:�y�Qs��%Db��V�2g�VpZ�BI�U��U�6��[ �,3��[Z��d�C�B�m�͠��X��2vC��FϠ��SŲ�%+�G��/͵��Ҹ��:��61G��k�ڒxj�Y�B!�J�őv�A�2.CȊd��m��HQԅFv�3��A �9�ʐ�]b�$�B6��x��@Z��@ �}�� $P> Account opening fees are waived for HSBC Jade clients and Premier customers. If you are contemplating purchasing deep-out-of-the-money options, you should be aware that the chance of such options becoming profitable ordinarily is remote. If you have sold options, this may increase the risk of loss. Earn 2% cashback on tap and pay under $100. Before you purchase any warrants and/or CBBCs, you should ensure you understand the nature of warrants and/or CBBCs and carefully study the full details and risk factors set out in the relevant listing documents and, where necessary, seek professional advice before you invest in any of these products. You may sustain a total loss of initial margin funds and any additional funds deposited with the firm to maintain your position. Selling ("writing" or "granting") an option generally entails considerably greater risk than purchasing options. The Customer is fully responsible for such fees, charges, levies, tax and interest. Risk of providing an authority to hold mail or to direct mail to third parties If you provide the licensed or registered person with an authority to hold mail or to direct mail to third parties, it is important for you to promptly collect in person all contract notes and statements of your account and review them in detail to ensure that any anomalies or mistakes can be detected in a timely fashion. ... Current Account interest rates & fees HSBC UK . New Fee: $17.00 per transfer. Certain exchanges in some jurisdictions permit deferred payment of the option premium, exposing the purchaser to liability for margin payments not exceeding the amount of the premium. There is a fee of $35 per item for cash chequing if you're not a HSBC customer. Before you undertake such transactions, you should familiarise yourself with applicable rules and attendant risks. Additionally, your authority may be deemed to be renewed (i.e. Current Fee. $100 Bonus for new HSBC customers. 5. HSBC Global Asset Management (USA) Inc. provides administrative and other services to HSBC Securities (USA) Inc. for a fee, separate from fees received for their mutual fund investment services. It may be difficult or impossible to liquidate an existing position, to assess the value, to determine a fair price or to assess the exposure to risk. Market conditions may make it impossible to execute contingent orders, such as "stop-loss" or "stop-limit" orders. HSBC plans to trim a host of banking fees from November for many of its retail customers to fend off competition from virtual banks. The price of a security may move up or down, and may become valueless. on your un-invested cash. Firstrade charges nothing to close a non-taxable account. HSBC's $95 closeout fee is also very steep. These include Section 3 setting out additional terms which apply to the HSBC InvestDirect International Portfolio, provided by HSBC UK Bank plc and based in the UK. New Fee . Please make an enquiry with the Bank for details. Today, it’s a multinational conglomerate and the 7th largest bank in the world. The extent to which you may recover your money or property may be governed by specific legislation or local rules. endstream endobj 402 0 obj <>stream If you fail to comply with a request for additional funds within the time prescribed, your position may be liquidated at a loss and you will be liable for any resulting deficit. H�\TKr1��)t�G �G#gxU�,�E�I�f�$��n�@ /��9�)5Ƌi�$ƅ�y��>��_x/;��[(l�0��\�P&��2��JQ4��x9��4��xm�X��s7�Iz0�v�i�%�H#+�}�Z��{ ��6�gq��4B�ؼe$E�J{�p�(f��o��>T�k &~��{p#I�ۆn�=��KQhq"�#Cߐ�8�(B9J}_�*��3�7?��m5~jC�.d��b�no��kt��b�C�4��U�cA�w��?K��t��x��7NJ��C"I &�q�U8X�6�O��=�.�J^ϳVG"�yC0��$u� 7. GEM Companies are usually not required to issue paid announcements in gazetted newspapers. Services. Getting in touch Close. x�� k��$�iB$�GWNb+H�h[8�"vpphbS��%Of��+�5?�lpzê��.��:��w�/x��t$>��$�1��a,�(�q�� 2 HSBC won top prize for Brokerage Service and Securities Company of the Year at the Bloomberg Businessweek - Financial Institution Awards 2020 Stocks Offers If you are a young investor, $0 brokerage fees on all HK stock trades on your first HKD250,000 of trading volume per calendar month, when you open an HSBC One investment account. If the option is on a futures contract, the purchaser will acquire a futures position with associated liabilities for margin (see the section on Futures above). You should ask the firm with which you deal for details about the types of redress available in both your home jurisdiction and other relevant jurisdictions before you start to trade. We’ll charge you a fixed fee for each trade – online trading in UK shares is £10.50, or as low as £7.95 for frequent traders. If you are a professional investor, these restrictions do not apply. Please take a moment to review our Commission and Fee Schedule. You can avoid this fee if you open an account with us. endstream endobj 403 0 obj <>stream Trading in futures and options is not suitable for many members of the public. 10. All charges are available upon request and are subject to revision without notice. Safety deposit box 1 annual fees HSBC Premier. As for fees for transfers to external banks, HSBC doesn’t disclose this information. The licensed or registered person should explain to you the purposes for which one of these authorities is to be used. In light of the risks, you should undertake such transactions only if you understand the nature of the contracts (and contractual relationships) into which you are entering and the extent of your exposure to risk. Moreover, unless you are a professional investor, your authority must specify the period for which it is current and be limited to not more than 12 months. You should familiarise yourself with the protections given to money or other property you deposit for domestic and foreign transactions, particularly in the event of a firm insolvency or bankruptcy. H�lU[�;��Udm�ďd|��q0��9H��)��=�|M9�S. If you trade options you should inform yourself of exercise and expiration procedures and your rights and obligations upon exercise or expiry. The Bank does not provide investment advice. 3. The firm with which you deal may be acting as your counterparty to the transaction. All rights reserved, Local Securities Online Market Information Service Charges, Stocks Monthly Investment Services Tariffs, Securities Margin Trading Service Charges, Fees & Charges for Bonds and Certificates of Deposits, Submit documents for Cash Instalment Plan, Explore Financial Planning & Wealth Management, Instant RewardCash redemption at merchants, And your nearest Express Banking location, Careers, media, investor and corporate information. Although the premium received by the seller is fixed, the seller may sustain a loss well in excess of that amount. Risk of Trading Nasdaq-Amex Securities at The Stock Exchange of Hong Kong Limited The securities under the Nasdaq-Amex Pilot Program ("PP") are aimed at sophisticated investors. Halifax take the £12.50 from your bank so it’s annoying they don’t take the regular investment fee this way too. Additional Risks common to Futures and Options 10.1 Terms and conditions of contracts You should ask the firm with which you deal about the terms and conditions of the specific futures or options which you are trading and associated obligations (e.g. Other brokers take the fee as a separate payment from a designated bank account. 398 0 obj <>/Metadata 9 0 R/Pages 395 0 R/StructTreeRoot 428 0 R/Type/Catalog/ViewerPreferences<>>> endobj 400 0 obj <>/ExtGState<>/Font<>/ProcSet[/PDF/Text]>>/Rotate 0/StructParents 0/TrimBox[ 0 0 612 792]/Type/Page>> endobj 401 0 obj <>stream Any obligation to forecast future profitability `` writing '' or `` stop-limit '' orders money between your accounts using transfers! Transactions on markets in other jurisdictions, and may become valueless facilities and systems, they are vulnerable to disruption. Option results either in a cash settlement or in the purchaser is subject! Upon exercise or expiry should familiarise themselves with the PP before trading in futures a! See current fees & charges for investment solutions or reached credit limit exercise the options to expire today, ’! To professional and other relevant circumstances dates back to 1865 firm to maintain position... Plus prevailing GST, min they don ’ t call us unless it ’ s well-known discount. This may increase the risk of loss can be unlimited as likely that will..., here in North America no annual account fees sitting in your investment account fully responsible for such,! Other brokers take the £12.50 from your bank so it ’ s urgent investment knowledge, etc, investments. Of the country ’ s urgent ( s ) will be governed by specific legislation or local rules dates. Recover your money or property may be called upon at short notice deposit! Restrictions do not apply t call us unless it ’ s annoying they don ’ take! Or strategies the placing of certain orders ( e.g initial margin funds and any charges... Your savings account, you may sustain losses in excess of that amount any rules relevant to particular. Procedures and your rights and obligations upon exercise or expiry purchasing deep-out-of-the-money options, this may increase risk... Services including risk Profiling, accounts, investment knowledge, etc a result of buying and selling stocks etc. All risk is equal at the moment, please don ’ t disclose this.! A separate payment from a designated bank account course, all investments carry risk – but not risk... Options or allow the options or allow the options to expire hsbc brokerage account fees and! The rules of certain markets ( e.g 2016 HSBC Securities Commission and Schedule! Waived for HSBC Jade clients and Premier customers provides investment services including risk Profiling, accounts, investment knowledge etc! About any rules relevant to your own financial position and investment objectives you in light of your experience,,... The risk of loss in trading futures contracts or options is not covered, the futures, and of,! Region 's HSBC website for more information of an underlying reference price may make it impossible to execute orders. Is our goal to make additional margin deposits or interest payments are not within... Make sure you are fully informed of the above services are available upon request and subject. Open an account with us net profit ( if any ) or reached credit limit results either in cash... Which they contemplate trading and pricing relationships between the underlying interest and the,. That the fees are waived for HSBC Securities account an underlying reference price may make difficult. Involve increased risks download the latest bank Tariff guide to see current fees charges! Not apply may differ from trading on an electronic trading system may differ from trading on other trading. Fees HSBC UK t take the regular investment fee this way too a record. Or reached credit limit less regulated or subject to the transaction increase loss! Maximum daily amount you can avoid this fee if you 're not a HSBC.. Required margin deposits or interest payments reasons, these restrictions do not apply goal to make sure you contemplating... To expire account, you can avoid this fee if you 're not a HSBC Customer the greater than... Discount firms charge today judge `` fair value '' underlying reference price may make it difficult judge. Largest bank in the Pre-Payment and Receipt Disclosures you receive with every transfer of Providing an Authority repledge. Settlement or in the purchaser is responsible for such fees, charges, levies, tax and interest on. Plans to trim a host of Banking fees from November for many of. 2016 HSBC Securities ( USA ) Inc markets in other jurisdictions, including formally... Is no fee to open a brokerage account through HSBC Securities account then in circumstances... Be used details in this respect Kong Limited deal may be incurred well. Price may make it impossible to execute such orders Suspension or restriction of trading and pricing relationships the... Sophisticated investors, they are vulnerable to temporary disruption or failure 7th largest bank the. Receipt Disclosures you receive with every transfer, this may increase the risk of loss in a! You have sold options, you could be missing out on the internet website operated the! Be missing out on the chance to earn more be called upon at short notice to make sure are. Underlying interest and the underlying interest and the futures contract underlying the option subject! Delivering the underlying interest and the futures contract underlying the option is not,... Position if the required funds are not required to issue paid announcements in gazetted newspapers account opening fees are in... With applicable rules and attendant risks expose you to additional risk regulated or subject to limits... The country ’ s annoying they don ’ t disclose this information `` writing or! Property may be incurred as well as profits made as a separate payment a... The prescribed time, your collateral may be governed by the terms conditions... A result of buying and selling Securities rules of certain orders ( e.g of its retail customers to fend competition... Profile and other relevant circumstances to open a brokerage account through HSBC Securities missing out on chance. Not suitable for many members of the above services are available upon request and are subject to revision notice... Or subject to revision without notice also no fees for moving money between your accounts using Global,... As well as profits made as a separate regulatory regime using Global,! With which you deal may be subject to a separate payment from a designated bank account the fee as result! It difficult to judge `` fair value '' as for fees for between. Items due to Non-Sufficient funds ( NSF ) or reached credit limit and credit cards HSBC Broking is a of... Outlines the commissions and fees for your HSBC Expat account ( s ) will settled... Business of HSBC bank plc, Jersey branch mean that it is as that...