Table of contents

Personal investment accounts

Take control of your personal investments with HSBC’s unparalleled online investing access to both the North American and leading international equity markets.

 

Key features and benefits

  • Cash account – Access a wide range of investment products on North American and leading international markets, save on foreign exchange costs when you trade in the currency of the market 
  • Margin account – Take advantage of investment opportunities by borrowing funds based on the market value of your eligible securities 
  • Margin with options account – Expand your investment strategy with options trading and access a variety of options strategies, based on your risk tolerance and eligibility 
  • Short selling account – More advanced investors can incorporate short-selling strategies for potential gains from falling share prices or bear markets 
  • In-Trust account – Protect your wealth and save for your family’s financial future

 

Additional details

  • Invest in equities and ETFs, options, mutual funds, fixed income products, GICs and new issues (IPOs)
  • Enjoy preferred commissions and interest rates for HSBC Premier5 and HSBC Advance6 clients
  • Benefit from industry leading support with world-class research, online tools and access to an HSBC InvestDirect Investment Representative seven days a week

Expand your portfolio with Corporate, Estate and Investment Club accounts

Take advantage of HSBC’s unparalleled online access to North American and leading international equity markets.

 

Key features and benefits

  • Put funds to work in a corporate account as your business generates income 
  • Build wealth for future generations with estate & trust accounts 
  • Join or set up an investment club and learn about investing in securities with a group 
 

Additional details

  • Long- or short-term investment options 
  • Industry-leading tools and resources to help you invest wisely 
  • Wide selection of investment opportunities, depending on your risk tolerance

Corporate account

If you're an entrepreneur or small business owner, put the income your business generates to work with an online investment account.

  • Cash flow convenience – Transfer funds and settle trades directly from your corporate bank account and your HSBC InvestDirect1 account, and save on foreign currency exchange losses with 10 different currencies
  • Maintain your liquid assets – Add investment income to your bottom line
  • Invest for the short- or long-term – Choose from many short- and long-term investment options, including Money Market instruments, stocks, bonds, ETFs, securities of major international markets, as well as proprietary and third-party mutual funds and GICs

Estate & Trust Accounts

Protect your wealth and build an investment for your family’s future.

  • Financial security – Set up a trust to build wealth for your beneficiaries
  • Wealth distribution – Use Estate and Trust accounts to distribute wealth to your heirs over time, rather than immediately upon your passing
  • Reduce income taxes – You may be able to reduce income tax payments when assets are transferred, through a trust account you establish now, or as specified in your Will
  • Easier transfers – Facilitate the sale or transfer of a family business, and provide the opportunity for potential tax benefits

Open an HSBC InvestDirect Corporate account

Tax-Free Savings Accounts (TFSAs)

Save for a specific financial goal by maximizing your earnings with a Tax Free Savings Account (TFSA) and pay no Canadian tax2 on the interest, investment income, and capital gains.

With online tools and the market intelligence of HSBC InvestDirect1you select and manage your own TFSA investments:

  • Maximize flexibility and control of your personal savings
  • Get the same low commission rates as non-registered accounts
  • Build your TFSA account with a wide variety of investments including GICs, stocks, bonds, and over 4,000 mutual funds
  • Make contributions directly from your HSBC InvestDirect cash account without diminishing the value of your existing investments

RRSP accounts

Maximize the growth of your retirement savings within an HSBC InvestDirect1 Registered Retirement Savings Plan (RRSP). Use the tools of HSBC InvestDirect to help you select and manage a portfolio of investments best suited to achieving your goals:

  • Greater flexibility and control of your retirement savings
  • Get the same low commission rates as non-registered accounts
  • Build your RRSP contribution with a wide variety of investments including stocks, bonds, ETFs, securities of major international markets, as well as proprietary and third-party mutual funds and GICs
  • Contribute to a self-directed RRSP from your:
    HSBC bank account
    3rd party bank accounts
    Non-registered investment accounts
    Regular contribution plan
    Existing non-registered self-directed investment holdings (with no need to liquidate)

And there's no annual fee for accounts with a portfolio value of $25,000 or more.

RRIF accounts

When it's time to use the money you've accumulated for your retirement, an HSBC InvestDirect1 Registered Retirement Income Fund (RRIF) can help provide you with a regular income stream, while continuing to defer income tax on your savings.

Set up a self-directed RRIF with HSBC InvestDirect to:

  • Maximize flexibility and control of your retirement savings
  • Get the same low commission rates as non-registered accounts.
  • Build your RRIF with a wide variety of investments including: stocks, bonds, ETFs, securities of major international markets, as well as proprietary and third party mutual funds and GICs.

What's more, accounts with a portfolio value of $25,000 or more are not subject to an annual fee. 

RESP accounts

Start saving today for your child's post-secondary education with a Registered Education Savings Plan (RESP), and take advantage of tax-deferred growth and the Canadian Education Savings Grant (CESG).

Set up an HSBC InvestDirect1 RESP account to:

  • Maximize flexibility and maintain control of your children or grandchildren's education savings
  • Get the same low commission rates as non-registered accounts.
  • Contribute any amount, anytime, up to a lifetime contribution limit of $50,000 per RESP beneficiary
  • Increase your savings with the Government of Canada Education Savings Grant (CESG), which matches 20% of your eligible RESP contributions
  • Set up a pre-authorized contribution plan to automatically build your RESP savings
  • Build your RESP with a wide variety of investments including stocks, bonds, ETFs, securities of major international markets, as well as proprietary and third-party mutual funds and GICs

LIRA and LRSP accounts

With a self-directed Locked-in Retirement Account (LIRA) or Locked-in Retirement Savings Plan (LRSP), you gain access to a range of investment options using the funds you may have contributed as an employee to a company pension plan3.

Continue to grow your pension

Access tools and global investment opportunities provided by HSBC InvestDirect1 to ensure you:

  • Maximize flexibility and control of your personal savings
  • Get the same low commission rates as non-registered accounts
  • Build your LIRA or LRSP with a wide variety of investments including: stocks, bonds, ETFs, securities of major international markets, as well as proprietary and third-party mutual funds and GICs

When you retire, your LIRA or LRSP funds are converted to a Life Income Fund (LIF) or a Locked-in Retirement Income Fund (LRIF) – investment vehicles which will provide you with retirement income.

LIF and LRIF accounts

Protect your Locked-in Retirement Accounts (LIRAs), Locked-in Retirement Savings Plans (LRSPs), or pension funds3 during retirement within a Life Income Fund (LIF) (or a Locked-in Retirement Income Fund (LRIF) for residents of Manitoba and Newfoundland). Once you retire, you can continue to defer taxes on LIF or LRIF funds until you are ready to start regular withdrawals4.

With HSBC InvestDirect’s1 investing tools, you select and manage your own LIF or LRIF to:

  • Maximize flexibility and control of your retirement savings
  • Receive the same low commission rates as non-registered accounts
  • Provide the regular income stream that you need, while continuing to defer income tax on your investment principal
  • Build your LIF with a wide variety of investments including stocks, bonds, ETFs, securities of major international markets, as well as proprietary and third party mutual funds and GICs

Investment products do not guarantee profits and contain varying levels of risk and complexity. Investors should understand the nature and risks of each product and carefully consider each investment in the context of their individual risk tolerance and return objectives before investing.

 

1HSBC 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.

 

2 Only Canadian residents, who are over 18 years of age and have a valid Social Insurance Number, can make contributions to a Tax-Free Savings Account (TFSA). The annual contribution limit to TFSAs is set by the CRA and may be subject to changes. Generally, the maximum contribution room for a year is equal to the total of unused TFSA contribution room from previous years, withdrawals from TFSAs made in previous years and TFSA dollar limit for the year in question. The maximum annual contribution applies to all of your TFSAs held with HSBC or any other financial institution. Provided that contribution limits are not exceeded, income earned in a TFSA is not subject to Canadian taxes. Taxes of other countries may apply. Excess contributions to your TFSA are subject to taxes, interest and penalties. Unlike an RRSP, any money you contribute to a TFSA will not itself be tax-deductible.
 

3 Subject to the pension legislation governing locked-in funds. Legislation may vary from province to province. Other conditions may apply.
 

4 Withdrawals are taxed at your retirement tax rate, and are subject to provincial law regarding conversion to Life Annuity.


5 HSBC Premier requires you to have an active HSBC Premier chequing account, and maintain combined personal deposits and investments with HSBC Bank Canada and its subsidiaries of $100,000 or hold a personal HSBC Bank Canada residential mortgage with original amount of $500,000 or greater. Some exclusions apply. A monthly fee will be charged if you do not meet at least one of the eligibility criteria above. For full details regarding eligibility and any fees which may apply please refer to the Personal Service Charges/Statement of Disclosure available at any HSBC Bank Canada branch or online at www.hsbc.ca.


6 HSBC Advance requires you to have an active HSBC Advance chequing account, and maintain combined personal deposits and investments with HSBC Bank Canada and its subsidiaries of $5,000 or hold personal HSBC Bank Canada residential mortgage with original amount of $150,000 or greater. Some exclusions apply. A monthly fee will be charged if you do not meet at least one of the conditions above. For full details regarding any fees which may apply please refer to the Personal Service Charges/Statement of Disclosure available at any HSBC Bank Canada branch or online at www.hsbc.ca.

 

The content herein is not intended to provide specific tax advice and should not be relied upon in this regard. HSBC makes no guarantee, representation, or warranty and accepts no responsibility or liability as to the tax treatment of these services. For full details about TFSAs and how they relate to your own income tax and financial situation, please consult your personal tax advisor.

 

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