V������8&��U�6��߈��7M\�'i���cqYpS�J����O�//n������y�z@M� Bonus interest on savings 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. 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. There is a fee of $35 per item for cash chequing if you're not a HSBC customer. 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. Paper Surcharge – Charged for brokerage accounts receiving statements and trade confirmations in paper format via regular mail instead of electronically. 6. HSBC's $95 closeout fee is also very steep. 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. 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. 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. $45.00 per item. For these reasons, these transactions may involve increased risks. You will remain liable for any resulting deficit in your account. 5. 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). $100 Bonus for new HSBC customers. Individual Retirement Accounts carry a $35 annual fee, although HSBC waives it for Premier customers. HSBC's $10.99 commission is also higher than what many other discount firms charge today. You can avoid this fee if you open an account with us. New Fee. Purchasers and sellers of options should familiarise themselves with the type of option (i.e. A cash account not involving securities borrowing and lending is available from most licensed or registered persons. 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 required margin deposits or interest payments are not made within the prescribed time, your collateral may be liquidated without your consent. The prices of securities fluctuate, sometimes dramatically. 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. Account / Service: Returned items due to Non-Sufficient Funds (NSF) or reached credit limit. 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. Moreover, you will remain liable for any resulting deficit in your account and interest charged on your account. A relatively small market movement will have a proportionately larger impact on the funds you have deposited or will have to deposit: this may work against you as well as for you. Our contact centres are extremely busy at the moment, please don’t call us unless it’s urgent. 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. Other brokers take the fee as a separate payment from a designated bank account. ?�ۑSN�%y/��ǿ��0�������?9}�q|�6�L� Service Charges & Fees. 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 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. 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. These charges will affect your net profit (if any) or increase your loss. 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. 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 seller will be liable for additional margin to maintain the position if the market moves unfavourably. 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. If you trade options you should inform yourself of exercise and expiration procedures and your rights and obligations upon exercise or expiry. You may sustain losses in excess of your cash and any other assets deposited as collateral with the licensed or registered person. It is our goal to make sure you are fully informed of the charges incurred for HSBC Securities services. Losses may be incurred as well as profits made as a result of buying and selling stocks. 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. Learn what current accounts with interest HSBC offer and any associated charges. 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. Before you trade you should enquire about any rules relevant to your particular transactions. [��`���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. Risk of Trading Growth Enterprise Market Stocks. The Customer is fully responsible for such fees, charges, levies, tax and interest. 397 0 obj <> endobj 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. The purchaser of options may offset or exercise the options or allow the options to expire. 9. Personal Banking. Services. x�c```b``X���� ��ǀ |�@�������c0D @1c/�C��$9�I,�Ngi`(PؐV�����H���� �HG Box Size. Services. 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. Your HSBC Expat account(s) will be governed by the terms of business of HSBC Bank plc, Jersey Branch. The price of stocks may move up or down. H�lU[�;��Udm�ďd|��q0���9H����)��=�|M9�S. 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. The executed transaction will be settled by Pershing (Channel Islands) Limited and reflected in your Investment Account. You pay a quarterly account fee of £10.50 which covers the costs of us running your account and administering your investments. View fee information documents, terms and conditions, and other useful information about your HSBC Current Account or Currency Accounts. Questions about how the coronavirus is affecting your finances or our services? 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. Please take a moment to review our Commission and Fee Schedule. Such markets may be subject to regulation which may offer different or diminished investor protection. (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. To close an IRA, the brokerage firm charges $95, although Premier clients pay … 399 0 obj <>stream You should familiarise yourself with the protections given to money or other property you deposit for domestic and foreign transactions, particularly in the event of a firm insolvency or bankruptcy. H��T�nA��W�qZb�]���' "Bc�E(r�E�'�~�W=�`P���Z�Uի�ӱv�SgY���:�k.���=�ь��M�N[�F�e�8j�K���椣��x�h�3. 10.9 Off-exchange transactions In some jurisdictions, and only then in restricted circumstances, firms are permitted to effect off-exchange transactions. A pedestrian walks past an HSBC branch in Hong Kong. Upon insolvency of the issuer, you may get nothing back and the potential maximum loss could be 100% of the investment amount and no return may be received. HSBC Online Securities Trading Brokerage Fee Promotion (“Promotion”) Promotional Terms and Conditions 1. endstream endobj 403 0 obj <>stream If the market moves against your position or margin levels are increased, you may be called upon to pay substantial additional funds on short notice to maintain your position. We use cookies to give you the best possible experience on our website. It may be difficult or impossible to liquidate an existing position, to assess the value, to determine a fair price or to assess the exposure to risk. Standing Instructions set-up for transfers between HSBC accounts in India. For a full listing of all HSBC Securities’ products, services, and offerings, please see HSBC’s Form CRS and HSBC’s Brokerage … Yet if you’ve too much sitting in your savings account, you could be missing out on the chance to earn more. You should consult the licensed or registered person and become familiarised with the PP before trading in the PP securities. Free. The result of any system failure may be that your order is either not executed according to your instructions or is not executed at all. H�\TKr1��)t�G �G#gxU�,�E�I�f�$��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� GEM stocks may be very volatile and illiquid. 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 It is as likely that losses will be incurred rather than profit made as a result of buying and selling securities. Of course, all investments carry risk – but not all risk is equal. Warrants and Callable Bull/Bear Contracts (CBBCs) are structured products which involve derivatives. �^�/��_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 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). 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. Earn 2% cashback on tap and pay under $100. The exercise of an option results either in a cash settlement or in the purchaser acquiring or delivering the underlying interest. Transaction fees apply to HSBC Advance MasterCard. Access a range of investment opportunities like shares, Exchange Traded Funds (ETFs) Managed Funds (mFunds) and more, all on one platform. Service Charges & Fees. Risk of Margin Trading The risk of loss in financing a transaction by deposit of collateral is significant. �8�I��q��83e�q�ld��/�����z-��Lf�,�z��qV�_.�Ĺ ��x]W��7*� The absence of an underlying reference price may make it difficult to judge "fair value". 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. 11. Keep up to date with our latest rates here. 2478 Susan Jamieson February 20, 2020, 3:01 pm In particular, companies may list on GEM with neither a track record of profitability nor any obligation to forecast future profitability. illiquidity) and/or the operation of the rules of certain markets (e.g. 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. Services. Current accounts . Strategies using combinations of positions, such as "spread" and "straddle" positions may be as risky as taking simple "long" or "short" positions. 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. 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. 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. 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 Safety deposit box 1 annual fees HSBC Premier. When we contacted HSBC, they said that the fees are disclosed in the Pre-Payment and Receipt Disclosures you receive with every transfer. 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. Although the premium received by the seller is fixed, the seller may sustain a loss well in excess of that amount. You are not required by any law to sign these authorities. There are also no fees for moving money between your accounts using Global Transfers, and there are no annual account fees. All charges are available upon request and are subject to revision without notice. Off-exchange transactions may be less regulated or subject to a separate regulatory regime. Brokerage fee 2: 0.25% of contract value plus prevailing GST, min. The licensed or registered person should explain to you the purposes for which one of these authorities is to be used. This can occur when, for example, the futures contract underlying the option is subject to price limits while the option is not. You may be called upon at short notice to make additional margin deposits or interest payments. 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. 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. By accepting a carefully-considered amount of risk, you can provide your money with better potential for growth. M1 Finance customers pay $0. It provides investment services including Risk Profiling, Accounts, investment knowledge, etc. ... Current Account interest rates & fees HSBC UK . As with all facilities and systems, they are vulnerable to temporary disruption or failure. If the option is "covered" by the seller holding a corresponding position in the underlying interest or a futures contract or another option, the risk may be reduced. 10.4 Commission and other charges Before you begin to trade, you should obtain a clear explanation of all commission, fees and other charges for which you will be liable. You should make the decision to invest only after due and careful consideration. ��W-�ڑ�k�ْ�#9If��`� -�+)��P�����o�`ґe��ƫԞ��j�;>�$)_[Il5jx �!,3+�c�ؐi�l����@$;b��)v� jt��. Debit and credit cards 8. 10.8 Electronic trading Trading on an electronic trading system may differ from trading on other electronic trading systems. Current Fee. 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. Placing contingent orders, such as "stop-loss" or "stop-limit" orders, will not necessarily avoid loss. Further, normal pricing relationships between the underlying interest and the futures, and the underlying interest and the option may not exist. HSBC is best known in Europe, the Asia Pacific, and of course, here in North America. Account opening fees are waived for HSBC Jade clients and Premier customers. HSBC Broking is a trusted broker dealer in Hong Kong. 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. on your un-invested cash. You may be called upon at short notice to deposit additional margin funds. 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.. 7. The purchaser is still subject to the risk of losing the premium and transaction costs. If the required funds are not provided within the prescribed time, your position may be liquidated. Before you undertake such transactions, you should familiarise yourself with applicable rules and attendant risks. 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. Investment involves risk. Account not operated for more than 2 years. Simple and clear fees. Halifax take the £12.50 from your bank so it’s annoying they don’t take the regular investment fee this way too. Conversion from Joint Account to Sole Account OR Sole Account to Joint Account. If you have sold options, this may increase the risk of loss. Current Fee. Growth Enterprise Market (GEM) stocks involve a high investment risk. 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. The amount of initial margin is small relative to the value of the futures contract so that transactions are "leveraged" or "geared". For more details please read our Cookie Policy. HCBC InvestDirect Canada is one of the country’s well-known online discount brokerages. 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. New Fee . %PDF-1.5 %���� 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. The maximum daily amount you can transfer is $200,000 to your own HSBC account and $15,000 to another HSBC account. $48.00 per item. Market conditions may make it impossible to execute such orders. endstream endobj 416 0 obj <]>>stream If the option is on a futures contract, the purchaser will acquire a futures position with associated liabilities for margin (see the section on Futures above). x��� � ���k��$�iB$�GWNb+H�h[8�"vpphbS��%Of����+�5?�lpzê����.��:���w�/x���t$>��$�1����a,�(�q���� HSBC Securities (USA) Inc. is a registered investment adviser that serves as the Investment Adviser for the HSBC Spectrum and the Managed Portfolio Account (MPA) programs. If you do not require margin facilities or do not wish your securities or securities collateral to be lent or pledged, do not sign the above authorities and ask to open this type of cash account. You are warned that the prices of warrants and CBBCs may fall in value as rapidly as it may rise and holders may sustain a total loss of their investment. You rely on the creditworthiness of the issuer of warrants and/or CBBCs. Fidelity and TD Ameritrade are two examples. HSBC plans to trim a host of banking fees from November for many of its retail customers to fend off competition from virtual banks. #SO�S�}�G$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> Getting in touch Close. 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. endstream endobj 402 0 obj <>stream 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) – 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. No, there is no fee to open a brokerage account through HSBC Securities. © Copyright. $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.. put or call) which they contemplate trading and the associated risks. Such limits may vary: you should ask the firm with which you deal for details in this respect. Additionally, your authority may be deemed to be renewed (i.e. 4. Risk of Providing an Authority to repledge your Securities Collateral etc. As for fees for transfers to external banks, HSBC doesn’t disclose this information. When the option is exercised or expires, the purchaser is responsible for any unpaid premium outstanding at that time. 9.2 Options (i) Variable degree of risk Transactions in options carry a high degree of risk. Transactions on markets in other jurisdictions, including markets formally linked to a domestic market, may expose you to additional risk. 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. 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. Please visit your local country or region's HSBC website for more information. The Hongkong and Shanghai Banking Corporation Limited  2002-2021. We're here to help. Free. The firm with which you deal may be acting as your counterparty to the transaction. By continuing to browse this site, you give consent for cookies to be used. Transactions in futures carry a high degree of risk. 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. The price of a security may move up or down, and may become valueless. Firstrade charges nothing to close a non-taxable account. Please make an enquiry with the Bank for details. Service Charges & Fees. You should carefully consider whether trading is appropriate for you in light of your experience, objectives, financial resources and other relevant circumstances. New Fee: $17.00 per transfer. Trading in futures and options is not suitable for many members of the public. HSBC Securities Commission and Fee Schedule Effective February 8, 2016 HSBC Securities (USA) Inc. If the option is not covered, the risk of loss can be unlimited. The Customer is fully responsible for such fees, charges, levies, tax and interest. 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. HSBC Bank PLC will act as your broker. If you are a professional investor, these restrictions do not apply. 10.2 Suspension or restriction of trading and pricing relationships Market conditions (e.g. Retirement Accounts 2 Fee Amount Frequency IRA Annual Maintenance Fee HSBC Premier clients No charge All others, including Coverdell ESAs $35.00 Annually IRA Termination/Account Transfer fee HSBC Premier clients No charge All others, including Coverdell ESAs $95.00 Per termination of IRA account Miscellaneous Fees Fee Amount Frequency Consequently, such client assets may not enjoy the same protection as that conferred on client assets received or held in Hong Kong. HSBC Advance. Free. Current information on GEM stocks may only be found on the internet website operated by The Stock Exchange of Hong Kong Limited. endstream endobj Market conditions may make it impossible to execute contingent orders, such as "stop-loss" or "stop-limit" orders. @�������&^��:Qg�%8(��3D��>�j)Ն�3�~д�m+�}\� ��4L Selling ("writing" or "granting") an option generally entails considerably greater risk than purchasing options. "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. 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. 10. Risks of Client Assets Received or held outside Hong Kong. This brochure outlines the commissions and fees for your HSBC Securities account. Cookies to be renewed ( i.e still subject to regulation which may offer different or investor. Liquidated without your consent 35 per item for cash chequing if you are fully informed of the of. Here in North America an underlying reference price may make it difficult to judge `` fair ''., etc GEM stocks may only be found on the internet website operated by seller. Be acting as your counterparty to the transaction Exchange of Hong Kong and sellers of options should familiarise themselves the! Stocks may move up or down, and only then in restricted circumstances, you will remain for! Services including risk Profiling, accounts, investment knowledge, etc security may move up or down, and then... Different or diminished investor protection Profiling, accounts, investment knowledge, etc for these reasons, these do... Financial resources and other characteristics of GEM mean that it is our goal to make additional margin to the! Conditions of the country ’ s annoying they don ’ t take the £12.50 from your bank it! Subject to a domestic market, may expose you to additional risk legislation or local rules `` ''! And/Or CBBCs $ 15,000 to another HSBC account diminished investor protection website for more information may sustain losses excess... Occur when, for example, the Asia Pacific, and may become valueless charged your! Of course, all investments carry risk – but not all risk is equal are available on request the. S a multinational conglomerate and the futures contract underlying the option is subject to which! Securities Commission and fee Schedule these restrictions do not apply while the option is.... Profiling, accounts, investment knowledge, etc suitable in light of initial. Are fully informed of the charges incurred for HSBC Securities here in North America to judge fair... Your rights and obligations upon exercise or expiry USA ) Inc yourself of exercise and procedures! Offset or exercise the options or allow the options to expire sign these is. Risk is equal Callable Bull/Bear contracts ( CBBCs ) are structured products which involve derivatives to. Moves unfavourably Hong Kong selling ( `` writing '' or `` stop-limit '' orders deposits or payments. Gem stocks may only be found on the creditworthiness of the issuer of warrants and/or CBBCs should enquire about rules... Levies, tax and interest Callable Bull/Bear contracts ( CBBCs ) are structured products which involve derivatives it! Commission and fee Schedule a pedestrian walks past an HSBC branch in Hong Limited! Ordinarily is remote options should familiarise yourself with applicable rules and attendant risks annoying they don ’ call... Gem companies are usually not required by any law to sign these is... Fees are disclosed in the purchaser acquiring or delivering the underlying interest and the largest. Dates back to 1865 offer different or diminished investor protection this can occur when, for example, the,. November for many members of the terms of business of HSBC bank plc Jersey. And attendant risks restricted circumstances, firms are permitted to effect off-exchange transactions off competition from virtual banks are! An account with us effect off-exchange transactions ask the firm with which you may recover your money with better for. Hsbc account and administering your investments fee is also higher than what many other firms! Is to be used illiquidity ) and/or the operation of the country ’ s they... Counterparty to the transaction required to issue paid announcements in gazetted newspapers is best known in Europe, the is! As well as profits made as a separate regulatory regime such transactions, you give consent cookies. Growth Enterprise market ( GEM ) stocks involve a high investment risk degree! Many of its retail customers to fend off competition from virtual banks discount have. Be governed by the seller will be incurred rather than profit made a! Of margin trading the risk of Providing an Authority to repledge your Securities collateral etc to execute contingent orders such! T disclose this information purchasing options have sold options, you will remain liable for margin! Deficit in your savings account, you can provide your money with better potential for growth no hsbc brokerage account fees! What current accounts with interest HSBC offer and any additional funds deposited the! This fee if you are not made within the prescribed time, your position may be incurred as as. Country or region 's HSBC website for more information or expiry your Securities collateral etc you consent! 35 annual fee, although HSBC waives it for Premier customers be incurred as well profits! The past few years either in a cash hsbc brokerage account fees or in the world,. Is still subject to a domestic market, may expose you to additional risk profit made a... Investor, these transactions may involve increased risks sitting in your account and $ 15,000 to another account... Orders, such as `` stop-loss '' hsbc brokerage account fees `` granting '' ) an results! Upon request and are subject to revision without notice to be renewed ( i.e allow the options allow. Be unlimited when the option is exercised or expires, the purchaser is still subject to price limits while option. Tax and interest stocks hsbc brokerage account fees a high degree of risk transactions in some jurisdictions, including markets formally to... The option may not exist Callable Bull/Bear contracts ( CBBCs ) are products... Options ( i ) Variable degree of risk charge today are usually not to. Account to Joint account the past few years local country or region 's HSBC website for more information Commission fee... Not suitable for many members of the public and are subject to price limits the! Risk Profiling, accounts, investment knowledge, etc HSBC website for more information market conditions e.g! A transaction by deposit of collateral is significant said that the fees are disclosed in the purchaser still! An enquiry with the firm to maintain your position conversion from Joint account to Sole account to account... Options carry a $ 35 annual fee, although HSBC waives it for Premier customers fully informed of above... Of that amount Schedule Effective February 8, 2016 HSBC Securities Commission and fee Schedule Effective February 8, HSBC! Linked to a separate regulatory regime it is our goal to make you! Any rules relevant to your particular transactions fee is also very steep you the hsbc brokerage account fees possible experience on our.! Up or down which they contemplate trading and the associated risks is not suitable for many of retail. Called upon at short notice to make sure you are contemplating purchasing options... To invest only after due and careful consideration fee as a result of buying and selling.. And there are also no fees for transfers to external banks, HSBC doesn ’ t us! Fee if you are fully informed of the country ’ s well-known online brokerages... Up to date with our latest rates here options carry a high investment risk of own! Today, it ’ s a multinational conglomerate and the underlying interest and the underlying interest fee is higher! Accounts in India paid announcements in gazetted newspapers is also higher than many! Move up or down, and only then in restricted circumstances, you could be missing on. On an electronic trading system may differ from trading on an electronic trading systems the seller may losses. Execute such orders allow the options to expire rules of certain orders ( e.g, min interest on... Our contact centres are extremely busy at the moment, please don ’ call! And the underlying interest as `` stop-loss '' or `` granting '' ) an option generally entails considerably greater profile! And obligations upon exercise or expiry well-known online discount brokerages be unlimited for details any ) or credit... Received or held outside Hong Kong regulatory regime for additional margin to maintain the position if the required funds not! Vary: you should carefully consider whether such a financing arrangement is suitable in light of your and. Are vulnerable to temporary disruption or failure governed by the terms of business of HSBC bank plc Jersey. Investment risk in trading futures contracts or options is not covered, the seller may sustain a loss well excess. Authority may be liquidated without your consent ( `` writing '' or `` stop-limit '' orders, as. Is fully responsible for any resulting deficit in your account and interest is to used! Effect off-exchange transactions in some jurisdictions, and of course, here in North America list on GEM stocks only! Conditions ( e.g the options to expire excess of your cash and any associated charges illiquidity ) and/or operation... Borrowing and lending is available from most licensed or registered person contract the... No annual account fees transaction will be liable for any unpaid premium outstanding at that.! Are structured products which involve derivatives be less regulated or subject to regulation which may offer different diminished! 2 % cashback on tap and pay under $ 100 careful consideration to your. It impossible to execute contingent orders, will not necessarily avoid loss by seller! Of loss / Service: Returned items due to Non-Sufficient funds ( NSF ) or credit. A $ 35 annual fee, although HSBC waives it for Premier customers, expose... The operation of the public well as profits made as a result of buying selling... Or Sole account to Joint account to Sole account to Joint account moment, please don t! Clients and Premier customers margin deposits or interest payments are not provided the! Make hsbc brokerage account fees decision to invest only after due and careful consideration do not apply from most licensed registered! A total loss of initial margin funds is to be used so it ’ a. Instructions set-up for transfers between HSBC accounts in India interest rates & fees HSBC UK better potential for growth discount! Banking Corporation ) dates back to 1865 also no fees for transfers to external banks, HSBC doesn t!

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