The world's local bank
It's now easier to trade for less.
Automatically qualify for preferred trading and service benefits – such as online North American trades for as little as $6.88 as an HSBC Premier and $9.88 as an HSBC Advance client.
Trade frequently or maintain a high-balance investment account and you may also qualify these benefits. Learn more.
Equities, ETFs, and Options
| Compare | HSBC Premier | HSBC Advance | HSBC | |
|---|---|---|---|---|
| 1 Based on qualified trades. Rates apply to online trades only. Options assignments and exercises are also counted as qualifying trades. All trade orders will be charged an applicable commission rate on a per order basis. For instance, if multiple trade orders are placed on the same day, for the same security, and on the same side of the market, each individual order is subject to the applicable commission rate. All commission fees are charged in the currency of the market. For option assignments and exercises, the regular stock commission schedule applies. All features, fees and commission rates will be current as of October 4th, 2011, and are subject to change without prior notice. 2 International Equity trades made online, excluding Hong Kong, and all international trades placed on the phone qualify for the International Equities trade discount. Subject to minimum commission. 3 The HK$288 commission applies for trades between HK$0-1,999,999. For trades HK$2,000,000 & over, 0.10% commission applies. Visit our Global Trading Commissions page for more details. |
||||
| Other ways to qualify | Assets (CDN): or Trades per quarter |
$500,000 100+ trades/quarter1. |
$50,000-499,999 30-99 trades/quarter1. |
|
| Online | Equites, EFTs | $6.88 | $9.88 | standard commission |
| Options | $6.88 + $1.25 per contract | $9.88 + $1.25 per contract | standard commission | |
| Telephone | Equites, EFTs | 10% discount off standard commissions | 5% discount off standard commissions | standard commission |
| Options | 20% discount off standard commissions | 10% discount off standard commissions | standard commission | |
| Global Trading | International Trades2 (excluding Hong Kong) | 20% discount off standard commissions | 10% discount off standard commissions | standard commissions |
| Online Hong Kong Trades | HK2883 | HK2883 | HK2883 | |
| Stock Price | Shares | Commission |
|---|---|---|
| Minimum Commission of $28.88 HSBC Premier clients enjoy $6.88 flat fee. HSBC Advance clients enjoy $9.88 flat fee. |
||
| $0.00 - $2.00 | 1.5% | |
| $2.01 and over | 1,000 or less | $28.88 flat fee |
| 2.01 and over | 1,001 or more | 3 cents / share |
| Option Value | HSBC Premier | HSBC Advance | Standard |
|---|---|---|---|
| All trade orders are charged an applicable commission rate on a per order basis. | |||
| $0.00 - $1.00 | $6.88 + $1.25 per contract | $9.88 + $1.25 per contract | $35 + $1.00 per contract, less 20% |
| $1.01 - $2.00 | $35 + $1.50 per contract, less 20% | ||
| $2.01 - $3.00 | $35 + $2.00 per contract, less 20% | ||
| $3.01 - $4.00 | $35 + $2.50 per contract, less 20% | ||
| $4.01 - $5.00 | $35 + $3.00 per contract, less 20% | ||
Options assignment and exercises
Regular telephone equity commission schedule applies.
| Stock Price | Canadian Equities | U.S. Equities | Global Equities |
|---|---|---|---|
|
Commission is charged in the currency of the market in which the security trades. Minimum Commission of $43 Full commission and fee schedules apply for each partial fill, except when transacted within the same business day. HSBC Premier clients receive a 10% discount off the Telephone Trading Commissions for Canadian and U.S. equity transactions. HSBC Advance clients receive a 5% discount off the Telephone Trading Commissions for Canadian and U.S. equity transactions. Transactions of principal values over $250,000 are fully negotiable for both Canadian and U.S. trades. All trade orders are charged an applicable commission rate on a per order basis. |
|||
| $0.24 and under | 2.5% | 3.0% | |
| $0.25 - $1.00 | $35.00 + 0.5 ¢/sh | $39.00 + 2 ¢/sh | |
| $1.01 - $2.00 | $35.00 + 2 ¢/sh | $39.00 + 3 ¢/sh | |
| $2.01 - $5.00 | $35.00 + 3 ¢/sh | $39.00 + 4 ¢/sh | |
| $5.01 - $10.00 | $35.00 + 4 ¢/sh | $39.00 + 5 ¢/sh | |
| $10.01 - $20.00 | $35.00 + 5 ¢/sh | $39.00 + 6 ¢/sh | |
| $20.01 - $30.00 | $35.00 + 6 ¢/sh | $39.00 + 7 ¢/sh | |
| $30.01 and over | $35.00 + 6 ¢/sh | $39.00 + 8 ¢/sh | |
| Option Value | HSBC Premier | HSBC Advance | Standard |
|---|---|---|---|
| Commission is charged in the currency of the market in which the security trades. Minimum Commission of $43 | |||
| $0.00 - $1.00 | $35 + $1.00 per contract, less 20% | $35 + $1.00 per contract, less 10% | $35 + $1.00 per contract |
| $1.01 - $2.00 | $35 + $1.50 per contract, less 20% | $35 + $1.50 per contract, less 10% | $35 + $1.50 per contract |
| $2.01 - $3.00 | $35 + $2.00 per contract, less 20% | $35 + $2.00 per contract, less 10% | $35 + $2.00 per contract |
| $3.01 - $4.00 | $35 + $2.50 per contract, less 20% | $35 + $2.50 per contract, less 10% | $35 + $2.50 per contract |
| $4.01 - $5.00 | $35 + $3.00 per contract, less 20% | $35 + $3.00 per contract, less 10% | $35 + $3.00 per contract |
| $5.01 | $35 + $3.50 per contract, less 20% | $35 + $3.50 per contract, less 10% | $35 + $3.50 per contract |
Bonds/Fixed Income Commissions- North America
OTC Fixed Income Instruments
Commissions, if any, are included in the bond price and charged in the currency of the bond.
Exchange Traded Bonds
| Bond par Value | Commission* |
|---|---|
| Subject to a minimum of $110 | |
| $0 - $49,999 | $40 + $1.50/1000 |
| $50,000 and over | $40 + $1.00/1000 |
Mutual Funds Commissions
HSBC InvestDirect offers more than 1,200 commission-free mutual fund transactions*.
Note: Mutual fund charges imposed by companies (such as setup fees) will be borne by HSBC InvestDirect clients.
The minimum amount required for a mutual fund order through HSBC InvestDirect is $1000. Some fund companies may have higher minimums. Please refer to the simplified prospectus of each fund before investing.
*An early redemption fee of 1% of the selling value (minimum $40) applies to all funds sold within 90 days of purchase, with the exception of money market funds. A flat early redemption fee of $40 applies to all HSBC mutual funds.
1 HSBC InvestDirect is a division of HSBC Securities (Canada) Inc.
2 HSBC Premier eligibility requires you to have an active Premier chequing account and maintain a $100,000 balance in combined personal deposits and investments with HSBC Bank Canada and its subsidiaries. Monthly banking package fees may apply.
3 Available on online equity trades on North American markets. Subject to conditions. For more information on HSBC InvestDirect rates, visit www.investdirect.hsbc.ca.
4 International Equity trades made online, excluding Hong Kong, and all international trades placed on the phone qualify for the International Equities trade discount. Subject to minimum commission.
Terms and Conditions | Website User Agreement | System Information
Order Processing | Member - Canadian Investor Protection Fund | Contact HSBC InvestDirect
