Immediate financial flexibility to grab investment opportunities
Make use of additional investment capital provided by HSBC's Securities Margin Trading Service to generate greater potential returns.
- Additional funds of up to 60% of the total value of the stocks for purchase
- Large variety of eligible securities [PDF]. with variable margin ratios to choose from
- Trade securities and get real-time market information by multiple channels
- Securities Margin Trading service is available to HSBC Premier, HSBC One and Personal Integrated Account customers
Why securities margin trading?
Enhance your Buying Power
Additional funds of up to 60% of the total value of the stocks for purchase. Find out more. Now, even if you have cash tied up elsewhere, there's no reason why investment opportunities should pass you by.
Multi-channels for convenient trading
Trade securities or get real-time stock price and market information via HSBC Personal Internet Banking, automated or manned1 phonebanking services, or at any designated HSBC branch1 or HSBC Premier Centre1.
1Exclusive to HSBC Premier customers
Broad investment choices
Large variety of eligible securities [PDF] with variable margin ratios to choose from.
How much does it cost?2
Notes:
2For other securities transaction charges, please refer to the Local Securities Service Page.
3P is HSBC's Hong Kong Dollar Best Lending Rate quoted by us from time to time. Interest will be accrued daily and debited on the 28th of each month or the preceding business day if the 28th day is Bank holiday. Interest will be calculated on the basis of the actual number of days elapsed and 365 days in a year (or 366 days in a leap year).
4The fee is due and payable on or before the 20th of the following month and is applicable to zero holdings accounts and upon closure of accounts where the account is closed before the above payment dates (for local securities only). The monthly safe custody fee for Securities Margin Trading accounts will only be applied to customers who have securities transaction record(s) or securities holdings in the 1-month period on or before the 1st of the following month.
Loan Interest/ Facility Fee Calculator
The loan interest/ facility fee calculator estimation is for reference only.
dpws-tools-calculator-creator
Loan calculator assumptions:
- Loan interest / loan facility fee is calculated by assuming the loan / loan facility amount remains unchanged.
- Loan interest is calculated by assuming interest charged is fully repaid each month (not applicable for IPO loan facility service).
- Monthly interest is calculated by assuming 30 days in a month (not applicable for IPO loan facility service).
- Annual interest is calculated by assuming 365 days in a year (not applicable for IPO loan facility service).
Remarks on the loan calculator:
- The loan calculator estimation shown above is for reference only and does not represent the actual interest / facility fee.
- HK dollar loan interest / loan facility fee is calculated based on the actual number of days elapsed and 365-days in a year or 366-days in a leap year.
- US dollar loan interest / loan facility fee is calculated on the basis of actual number of days elapsed and 360-days per year.
- The actual loan interest / loan facility fee amount charged may differ. Please refer to the relevant statement of the settlement account / repayment account.
- The loan effective interest rate / loan facility for individual customers may vary and be subject to the applicable terms of the facility including any promotional offer. Please refer to the relevant product information.
Reference materials for the loan calculator:
You may find the relevant benchmark rates from the below links:
- HSBC's Hong Kong Dollar Best Lending Rate
- HSBC's U.S. Dollar Best Lending Rate
- HKAB HKD Interest Settlement Rates (HIBOR)
To borrow or not to borrow? Borrow only if you can repay!
Eligibility
Securities Margin Trading service is available to HSBC Premier, HSBC One and HSBC Personal Integrated Account customers with Hong Kong residential address and aged 18 or above.
How Securities Margin Trading Service Works?
| Eligible stocks6 |
Selected Hong Kong listed stocks and Tracker Fund of Hong Kong |
|---|---|
| Stock margin ratio6 |
30-60% of the eligible stock value |
| Portfolio margin ratio |
Total loan amount / Total eligible stock lending value7 (You can borrow up to a Portfolio Margin Ratio of 100%) |
| Maintenance buffer |
Portfolio margin ratio of 100% to less than 120% |
| Portfolio margin ratio |
Action |
|---|---|
| 105%-less than 120% |
Margin call alert through SMS to remind you to cover the excess If your portfolio margin ratio has maintained between the range of 105% to less than 120% for over 90 calendar days, your stock holdings will be force-sold without prior notice. |
| 120% or above |
Stocks will be force-sold when portfolio margin ratio reaches 120% or above. Force-sale alert through SMS to inform you about the force-sale status of the stock |
View example [PDF] for an illustration.
6Selected eligible stock list, stock margin ratio and the portfolio margin ratio are subject to change at the Bank's discretion. The predetermined maximum loan amount is HKD5,000,000 for both HSBC Premier, HSBC One and Personal Integrated Account customers.
7Eligible stock lending limit = eligible stock value x stock margin ratio.
To borrow or not to borrow? Borrow only if you can repay!