North American Trading Commissions | HSBC Canada

 

HSBC Premier1
Preferred client pricing

HSBC Advance2
Preferred client pricing

HSBC InvestDirect3
Standard commission rates

 
Other ways to qualify

Maintain CAD $500,000 in your HSBC InvestDirect account

OR

Complete 100+ trades per quarter4

Maintain CAD $50,000 - $499,999 in your HSBC InvestDirect account

OR

Complete 30 to 99 trades per quarter4

 

 
 

Eligibility for preferred status is effective the 4th calendar day of each month.

Online trading rates      
 
ETFs & Equities

$6.88

$8.88

$9.88

 
 

Minimum Equities, ETFs commission $9.88, or $6.88 for HSBC Premier clients, or $8.88 for HSBC Advance clients.

 
Options

$6.88 + $1.25 per contract

$8.88 + $1.25 per contract

$9.88 + $1.25 per contract

 
 

All Options trades are charged an applicable commission rate on a per order basis.

 
Telephone trading rates      
 
ETFs & Equities

10% off standard rates

5% off standard rates

Stock Price

CDN Equities

US Equities

$0.24 and under

2.5%

3.0%

$0.25 - $1.00

$35.00 + 0.5 ¢/
share

$39.00 + 2 ¢/
share

$1.01 - $2.00

$35.00 + 2 ¢/
share

$39.00 + 3 ¢/
share

$2.01 - $5.00

$35.00 + 3 ¢/
share

$39.00 + 4 ¢/
share

$5.01 - $10.00

$35.00 + 4 ¢/
share

$39.00 + 5 ¢/
share

$10.01 - $20.00

$35.00 + 5 ¢/
share

$39.00 + 6 ¢/
share

$20.01 - $30.00

$35.00 + 6 ¢/
share

$39.00 + 7 ¢/
share

$30.01 and over

$35.00 + 6 ¢/
share

$39.00 + 8 ¢/
share

 

Option value

HSBC Premier

HSBC Advance

Standard

   $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

 

 

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.
All trade orders are charged an applicable commission rate on a per order basis.

 
Bonds/Fixed Income

Rates shown are for online or telephone trades.

     
 
Exchange Traded Bonds

Standard

Standard

Bond par Value

Commission

$0 - $49,999

$40 + $1.50/1000

$50,000 and over

$40 + $1.00/1000

Subject to a minimum of $110

 
Over-the-Counter (OTC) Fixed Income Instruments

Commissions (if any) are added to the price of the security for a purchase, or deducted from the price of the security for a sale, and charged in, the currency of the bond.

 
Mutual Funds
     
 

Over 4,000 commission-free mutual fund to choose from*, and mutual fund charges imposed by companies (such as setup fees) are included in the HSBC InvestDirect Mutual Fund price.

Before you invest, refer to the simplified prospectus of each mutual fund

 
● HSBC

Non-registered accounts - $1,000 minimum, and subsequent purchases require a minimum of $500.

Registered accounts - $500 minimum, and subsequent purchases require a minimum of $100.

 
        ● Non-HSBC

Minimum initial purchase for registered or non-registered accounts is $1000 (some fund companies may have a higher minimum).

 
 

*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.

 

Not an HSBC InvestDirect client?

Already an HSBC InvestDirect client?



1 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. Please refer to the Personal Service Charges / Statement of Disclosure for fees which may apply.

2 The HSBC Advance package is comprised of four products — HSBC Advance Chequing account, High Rate Savings Account (additional fees may apply), HSBC Advance MasterCard® and access to a personal line of credit. The HSBC Advance Chequing, MasterCard and personal line of credit are subject to credit adjudication and approval. The monthly minimum balance for HSBC Advance is $25,000 CAD in combined personal deposit and/ or investments with HSBC Bank Canada or its subsidiaries. A monthly fee of $25 will be applied if your balance is below $25,000 CAD. New customers have three months from the date of account opening to consolidate the $25,000 CAD minimum balance without incurring the monthly fee. Customers who have moved to Canada within the past three years (proof of landed immigrant, foreign worker or residency status is required) have 12 months from the date of account opening to consolidate the $25,000 CAD minimum balance without incurring the monthly fee. HSBC Advance requires you to have an active HSBC Advance Chequing account. When applicable, the $25 monthly fee will be debited from your HSBC Advance Chequing account. The HSBC Advance package includes Telephone and Personal Internet Banking withdrawals, bill payments, pre-authorized debits, Interac®* payments , cheques and unlimited deposits and withdrawals from any HSBC Bank Canada and THE EXCHANGE®** ATMs. Transaction fees will be charged for other services not included in the package, please refer to the Advance MasterCard® Rates & Fees as well as the Personal Service Charges brochure. If you do not wish to apply for the HSBC Advance suite of products, similar products are available separately by calling 1.888.310.4722 or visit a branch.

® MasterCard is a registered trademark of MasterCard International Incorporated. Used pursuant to license.
®2Interac. Trade-mark of Interac Inc. HSBC Bank Canada authorized user of the trade-mark.

®3 THE EXCHANGE. User licensed in Canada by FICANEX Services Limited partnership on behalf of Fiserv EFT.

3 HSBC InvestDirect is a division of HSBC Securities (Canada) Inc., a wholly owned subsidiary of, but separate entity from, HSBC Bank Canada. HSBC Securities (Canada) Inc. is a member of the Canadian Investor Protection Fund.

4 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 Available on online equity trades on North American markets. Subject to conditions.

All commissions are charged in the currency in which the security trades. Trade orders entered will be charged the applicable commission rate on a per order basis. Partially filled orders: Partial fills executed on more than one day will be charged applicable commissions for each day. Note: Commissions are in addition to fees charged by the local securities commission as applicable.

All information is subject to change without notice. Total cost will be affected by currency fluctuations and can be confirmed when the transaction is requested. Examples are provided for illustrative purposes only. Additional charges, taxes and custodian fees apply. The firm applies discretionary conversion rates and may earn revenue on the spread between bid and offer prices in foreign exchange transactions.

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