HSBC Hong Kong’s bank securities service provides Hong Kong, US and China A-share trading through online banking, mobile and the Easy Invest app. The ordinary digital tariff sits alongside two materially different pricing programmes: Trade25 uses a monthly fee and turnover cap, while Top Trader Club uses volume tiers and conditional cash-rate benefits.[1][3][4][5]
Accounts & headline costs
Sections ↑Account comparison01
Main pricing routes
| Route | Published price model | Condition |
|---|---|---|
| Standard digital securities | HK and China A shares at 0.25% with HKD/RMB 100 minimum; US pricing by share count. | Custody, statutory charges, FX and corporate-action fees remain.Source 1Source 2 |
| Trade25 | HKD 25 monthly for an account that trades or holds stocks; zero commission up to HKD 250,000 monthly turnover. | Current page states eligibility and terms; ordinary rates apply above the turnover cap.Source 4 |
| Top Trader Club | Volume-based rates as low as 0.01% with HKD/RMB 8 or USD 1 minimums. | Tier status and qualifying activity determine the actual rate.Source 5Source 3 |
| Staff-supported dealing | 0.50% for local and China Connect under current standard tariff. | Minimums and customer-tier access apply; digital is cheaper at 0.25%.Source 10Source 8 |
| Stock Monthly Investment Plan | Recurring purchases at 0.25% under the online table. | Eligible stocks, contribution rules and product charges apply.Source 7 |
Broker essentials02
Service essentials
| Measure | Value | Context |
|---|---|---|
| Markets | Hong Kong, United States and China A shares | Easy Invest provides market information and trading across the three named markets.Source 3 |
| Standard HK digital brokerage | 0.25%; HKD 100 minimum | Per transaction through digital channels.Source 1 |
| HK custody | HKD 25 per month | Current standard securities service.Source 1 |
| HK dividend collection | 0.5%; HKD 30 minimum | Published cash-distribution administration charge.Source 1 |
| Order hotline hours | Monday–Friday 08:00–16:10 | Published for placement, amendment and cancellation; Hong Kong local time.Source 8 |
Pricing & charges03
Standard market charges
| Market | Brokerage | Selected continuing charge |
|---|---|---|
| Hong Kong | 0.25%; minimum HKD 100 digital | Custody HKD 25 monthly; dividend collection 0.5%, minimum HKD 30.Source 1 |
| United States | USD 18 for first 1,000 shares; USD 0.015 per additional share | USD 5 monthly custody is described as currently waived on the stocks page.Source 1 |
| China A shares | 0.25%; minimum RMB 100 digital | RMB 25 monthly custody waived through 31 December 2026 on the current page.Source 2Source 1 |
Pricing & charges04
Trade25 price logic
| Monthly turnover | Monthly fee | Commission |
|---|---|---|
| HKD 250,000 or below | HKD 25 | HKD 0 / USD 0 / RMB 0 for eligible HK, US and China A trades.Source 4 |
| Above HKD 250,000 | HKD 25 | Ordinary HK 0.25% min HKD100; US USD18 + per-share schedule; A-share 0.25% min RMB100.Source 4 |
| No trade but stocks held | HKD 25 | The page states the monthly fee applies when the account trades or holds stocks.Source 4 |
| Account closure before normal collection | Fee remains payable | Closure timing does not automatically erase the due monthly fee.Source 4 |
Products & platforms
Sections ↑Availability05
Products and tools
| Product / tool | Published use | Boundary |
|---|---|---|
| HK / US / China A shares | Self-directed securities trading. | Different market, tax, settlement and corporate-action rules apply.Source 1Source 2 |
| Easy Invest app | Orders, portfolio, real-time information, alerts and tailored news. | Market data and popular-trade information are not personal advice.Source 3 |
| TradeTrack | Shows popular stocks and order-flow categories among HSBC investors. | Other customers’ activity does not predict returns or establish suitability.Source 3 |
| Level 2 quotes | Top ten bid/ask orders; broker information for specified customer tiers. | Depth display does not guarantee execution at a displayed level.Source 3 |
| Stock Monthly Investment Plan | Recurring investment into eligible securities. | The 0.25% fee and product conditions differ from Trade25 and Top Trader Club.Source 7 |
Platforms & products06
Access channels
| Channel | Function | Operational point |
|---|---|---|
| HSBC HK Easy Invest | Mobile trading and market information. | Designed for Hong Kong customers and requires HSBC online credentials.Source 3 |
| Online / mobile banking | Digital stock dealing and account administration. | Standard digital fee applies unless another programme is active.Source 7Source 1 |
| Express Stock Order hotline | Placement, amendment and cancellation for eligible customer tiers. | Published hours 08:00–16:10; telephone rates can be higher.Source 8Source 10 |
| Branch / phone banking | Staff-supported dealing. | Current standard local/A-share brokerage is 0.50%, minimums remain.Source 10 |
| Chat / general hotline | Service, access and account enquiries. | General support is not the same as an order-entry channel.Source 9Source 8 |
Fees & holding costs
Sections ↑Pricing & charges07
Charges beyond brokerage
| Charge | Published treatment | Why it matters |
|---|---|---|
| Custody | Market-specific monthly or periodic charge; current waivers can be temporary. | A waiver expiry can change continuing cost without a trade.Source 1 |
| Dividend collection | 0.5% with market-currency minimums for named markets. | Income administration is separate from dealing commission.Source 1 |
| Government / exchange levies | Additional to brokerage and Trade25 zero commission. | Statutory charges cannot be inferred to be waived.Source 4Source 2 |
| FX conversion | Relevant when funding or settling in a different currency. | Not included in the stock commission tables.Source 6 |
| Transfer / scrip / corporate actions | Detailed in the applicable tariff and fact sheet. | Exceptional-service costs can be material; request current table before instruction.Source 6 |
Scenarios08
Illustrative fee comparisons
| Example | Explicit fee component | Excluded |
|---|---|---|
| HKD 20,000 HK stock trade — standard digital | HKD 100 minimum | Stamp duty, levies, spread, custody and corporate actions.Source 1 |
| 1,500 US shares — standard | USD 25.50 | USD18 first 1,000 plus USD7.50; excludes regulatory/FX/custody.Source 1 |
| Trade25 account with eligible turnover below cap | HKD 25 monthly | Statutory charges, FX, custody terms and product risk.Source 4 |
Pricing & charges09
Top Trader Club boundaries
| Feature | Published description | Condition |
|---|---|---|
| Brokerage | As low as 0.01%, minimum HKD8/RMB8/USD1 | Actual tier follows programme activity and terms.Source 5Source 3 |
| Cash-rate benefit | Up to 10% p.a. on a qualifying HKD time deposit | Temporary deposit promotion with eligibility, amount and tenor conditions; not a brokerage cash yield.Source 5 |
| Enrolment | Join through Easy Invest or Online Banking | Programme status should be confirmed before the trade.Source 5 |
Execution & trading rules
Sections ↑Specifications10
Order and session controls
| Topic | Published position |
|---|---|
| Digital orders | Online and app dealing in supported markets.Source 3Source 7 |
| Telephone orders | Dedicated placement/amendment/cancellation hours 08:00–16:10 Monday–Friday.Source 8 |
| Market data | Real-time and Level 2 functions depend on market and customer tier.Source 3 |
| Programme status | Trade25 or Top Trader must be active before relying on its price.Source 4Source 5 |
| Outage fallback | Telephone dealing exists; no public promise that it is available outside published hours or fee-free during an outage.Source 8 |
An accepted order, an execution and a settlement are separate events. During a connection issue, check order status before re-entering the instruction and use the published stock-order hotline during its service window.[8][3]
Deposits, withdrawals & transfers
Sections ↑Transfer terms11
Cash and securities movement
| Area | Practical treatment |
|---|---|
| Cash settlement | Bank and securities account integration can simplify movement, but market settlement and currency still apply.Source 1 |
| Sale proceeds | Available-to-trade and withdrawable cash can differ before settlement.Source 1 |
| Securities transfer | Use the current tariff and transfer forms; receipt and delivery can be charged per instruction and per stock.Source 6 |
| Trade25 closure | Monthly fee can remain payable on closure before collection.Source 4 |
| Promotional deposit | Top Trader’s qualifying time deposit is a separate bank product, not bonus credit in the trading account.Source 5 |
The profile does not treat programme savings, deposit promotions or commission waivers as withdrawable trading credit. The customer’s cash balance, accrued dividend, unsettled sale and any separate time deposit each have different access rules.[4][5][1]
Protection & regulation
Sections ↑Protections & eligibility12
Entity and protection boundaries
| Area | Published evidence | Boundary |
|---|---|---|
| Provider | The Hongkong and Shanghai Banking Corporation Limited. | The bank securities service is distinct from HSBC Broking Services (Asia) and other group entities.Source 3Source 9 |
| Regulatory route | Hong Kong bank and registered-institution framework; exact SFC register entry was not extracted in this pass. | Use the named bank and activity in the current official registers.Source 6 |
| Securities custody | Bank/nominee custody and market depositories. | Custody is not deposit insurance or protection against price loss.Source 1 |
| Bank deposit promotion | A qualifying time deposit has bank-deposit terms. | It should not be conflated with securities compensation or stock performance.Source 5 |
| Private insurance | No current per-client or aggregate securities policy was established. | Do not infer private insurance from a global bank brand.Source 9 |
Opening an account & support
Sections ↑Published support and dealing routes
Other personal-banking customersTelephone
PremierTelephone
Premier Express Stock OrderTelephone
+852 2996 6822Source 8
Scope Order placement for eligible Premier customers.
Hours Monday–Friday 08:00–16:10 Hong Kong time.
HSBC One Express Stock OrderTelephone
+852 2996 6833Source 8
Scope Order placement for eligible HSBC One customers.
Hours Monday–Friday 08:00–16:10 Hong Kong time.
Complaint / feedbackWebsite
https://www.hsbc.com.hk/help/contact/Source 9
Scope Official complaint and feedback route; monetary disputes may be eligible for FDRC after the firm process.
No call, complaint or order test was performed.
Process13
Evidence to retain
| Issue | Useful record |
|---|---|
| Programme pricing | Trade25 or Top Trader enrolment status, turnover tier and collection date.Source 4Source 5 |
| Order dispute | Market, channel, instruction, time, status and contract note.Source 3Source 8 |
| Fee dispute | Tariff version, market and currency.Source 6Source 10 |
| Transfer | Asset list, receiving account and current delivery charges.Source 6 |
Additional services
Sections ↑Reference table14
Services around stock dealing
| Service | What it adds | Boundary |
|---|---|---|
| TradeTrack | Peer-activity and flow information. | Descriptive data, not a recommendation.Source 3 |
| Level 2 market data | Deeper quote book for eligible clients. | Does not guarantee execution priority or price.Source 3 |
| Monthly investment plan | Recurring stock purchases. | Commission and eligibility differ from discretionary management.Source 7 |
| Structured products / ELI | Separate investment solutions can deliver stock under defined conditions. | Different risk, pricing and settlement from ordinary stock purchase.Source 6 |
Company background & evidence
Sections ↑The facts15
Research context
| Measure | Value | Context |
|---|---|---|
| Provider | The Hongkong and Shanghai Banking Corporation Limited | Hong Kong bank providing the securities account.Source 3 |
| Markets covered | Hong Kong, United States and China A shares | Current Easy Invest and stock pages.Source 3Source 1 |
| Current charge notice | Staff-supported local/A-share rate increased to 0.50% from 1 April 2025 | Digital standard remains 0.25%.Source 10 |
| Evidence boundary | Official HSBC product, pricing and support pages | No live account, fill, transfer, promotion or complaint test.Source 1Source 4Source 8 |
- Headquarters
- Hong Kong
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
The Hongkong and Shanghai Banking Corporation Limited
No separate licence entry is recorded in this panel.
Additional Information
Sections ↑Reference table16
Checks before relying on a quoted condition
| Check | Why it matters |
|---|---|
| Contracting entity and region | Group brands, tariffs and protection rules do not automatically transfer to another legal company or country route.Source 1Source 4Source 5 |
| Order channel and market | Online, app, telephone and branch prices can differ; exchange and statutory charges can remain.Source 1Source 4Source 5 |
| Settlement versus withdrawable cash | A credited trade or deposit can be usable for trading before it is settled or eligible for bank withdrawal.Source 1Source 4Source 5 |
| Promotion or rate date | Temporary waivers, youth plans, interest rates and finance prices need the live eligibility period and cap.Source 1Source 4Source 5 |
| Transfer direction and asset eligibility | Incoming and outgoing transfers can use different forms, fees, timelines and treatment of fractions or unsupported assets.Source 1Source 4Source 5 |
This profile covers HSBC Hong Kong’s bank securities service, not every HSBC brokerage affiliate worldwide. It does not rank Trade25 against Top Trader Club, and it keeps temporary custody waivers and deposit promotions separate from permanent commission and protection rules.[1][4][5]
Sources & further reading
- Hong Kong, US and China A-share trading prices and custody HSBC Hong Kong · Accessed 16 Oct 2026
- China A-share pricing and statutory charges HSBC Hong Kong · Accessed 16 Oct 2026
- HSBC HK Easy Invest app, TradeTrack and market data HSBC Hong Kong · Accessed 16 Oct 2026
- Trade25 monthly fee, turnover cap and ordinary-rate fallback HSBC Hong Kong · Accessed 16 Oct 2026
- Top Trader Club volume pricing and cash-rate promotion HSBC Hong Kong · Accessed 16 Oct 2026
- Investment fee gateway and current tariff documents HSBC Hong Kong · Accessed 16 Oct 2026
- Online securities and monthly-plan pricing HSBC Hong Kong · Accessed 16 Oct 2026
- Securities order hotlines and service hours HSBC Hong Kong · Accessed 16 Oct 2026
- Customer contact, chat, feedback and complaint routes HSBC Hong Kong · Accessed 16 Oct 2026
- Securities service-charge changes effective April 2025 HSBC Hong Kong · 1 Apr 2025 · Accessed 16 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.