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HSBC InvestDirect rates and commissions

Invest online with our competitive rates and commissions.

Choose a trading platform with low fees and access to the most markets

Start trading with HSBC InvestDirect and enjoy low rates and commissions across all your online trades, with access to more markets than any other online discount broker in Canada. You'll benefit from flat fees on international trades, and even pay lower rates the more you trade with us.

Low flat-fee online trades

  • Trade online from as little as $6.881 and enjoy a flat fee of HK$2882 for trades on the Hong Kong Stock Exchange (for trade values of HK$ 0-1,999,999).

Active Trader pricing4

  • Get $4.883 on online North American Equity & ETF trades, or online options trades for $4.88 + $1.25 per contract. To qualify, you have to make 150+ trades every 3 months – conditions apply4.

Preferred pricing

  • Enjoy our exclusive banking and brokerage preferred pricing with your combined assets at HSBC.

Rates and commissions

North American trading commissions

  • Benefit from HSBC Premier5 or HSBC Advance6 customer discounts, with trades starting at $6.88
  • Take advantage of discounted telephone trade commissions (Equities, exchange-traded funds (ETFs) and options telephone trade commissions
  • Choose from more than 4,000 commission-free mutual funds

Global trading commissions

  • Receive a flat rate of HK$288 for online trades on the Hong Kong Stock Exchange (for trade values of HK$ 0-1,999,999).8
  • Benefit from HSBC Premier or HSBC Advance customer discounts on international online trades9
  • Minimize your foreign exchange exposure by investing and settling in 10 different currencies
  • Access more markets than any other online discount broker in Canada

Administration fees

  • Investing fees based on transactions, activities and accounts
  • Keep your account active by completing a minimum of 1 commissionable trade each quarter10

Interest rates

  • Take advantage of competitive standard interest rates on your debit and margin account balances
  • Get preferred interest rates on debit and margin balances as an HSBC Premier or HSBC Advance customer

Quick links

1 Available for online and ETF trades on North American markets.

2 The HK$288 commission applies for online trades between HK$0-1,999,999. For online trades HK$2,000,000 and over, 0.10% commission applies. See Global Trading Commissions for more details.

3 $4.88 on North American equity and ETF online trades. $4.88 +$1.25 per contract for online option trades. 20% off International equity trades, except for trades on the Hong Kong Stock Exchange.

4 An Active Trader is a person who conducts at least 150 Qualifying Trades (defined below) during the Trading Period (defined below) in either (a) their HSBC Invest Direct personal sole and joint accounts (the 'Personal Accounts') or (b) their non-personal accounts (the 'Non-Personal Accounts'). A Qualifying Trade can be any of the following: (i) online equity, ETF or option orders traded on a North American exchange, (ii) online equity trades on an international exchange except Hong Kong, (iii) any telephone equity trades, ETF or option orders on a North American or international exchange.

We'll determine each month if you're an Active Trader.  Specifically, on the 4th calendar day of every month we'll add up the number of Qualifying Trades you conducted in your Personal Accounts or Non-Personal Accounts for the preceding 3 month period (the “Trading Period”). If at least 150 Qualifying Trades were conducted in your Personal Accounts or Non-Personal Accounts during the Trading Period, you'll receive for the Personal Accounts or Non-Personal Accounts, as applicable, the lower active trading rates from the 4th calendar day of the month until the 3rd calendar day of the following month.

For example, on April 4, 2021, we'll count the number of Qualifying Trades in the Personal Accounts or Non-Personal Accounts for the Trading Period from January 1, 2021 to March 31, 2021. If you qualify as an Active Trader, you'll receive the lower active trading rates on all trades conducted in any of the Personal Accounts or Non-Personal Accounts from April 4, 2021 to May 3, 2021. To continue to receive the lower active trading rates, you must qualify every 4th calendar day of a month based on the trading activity during the Trading Period. As soon as you do not qualify, we will charge you the regular trading rates until you qualify again.

We'll automatically assess whether you qualify for lower active trading rates. The trade count for Non-Personal Accounts are not combined with the trade count for Personal Accounts, and vice versa.

We reserve the right to refuse or terminate the lower Active Trader rates for your Personal Accounts or Non-Personal Accounts if we suspect or discover that you're abusing the proper and intended purpose of the lower rates for Active Traders.

These terms are in addition to all other terms and conditions related to your Personal Accounts and Non-Personal Accounts.

The availability of the Active Trading rates is subject to the absolute discretion of HSBC Invest Direct and may be changed and cancelled at anytime without notice.

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.

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.

7 HSBC Invest Direct 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.

8 The HK$288 commission applies for trades between HK$0-1,999,999. For trades HK$2,000,000 and over, 0.10% commission applies. Levies, Trading fees and Stamp duties are also applicable for HK trades, and other international markets. See Global Trading Commissions for more details.

9 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.

10 The quarterly inactivity fee is $25. See Administration Fees for more details.

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