HSBC Top Trader Club

Volume-based brokerage fees and great HKD time deposit rates on your cash

HSBC Top Trader Club features benefits that reward both high and low volume traders. You can achieve benefits based on your monthly trading volume.

Brokerage fees as low as 0.01% (minimum HKD8 / RMB8 / USD1)
Enjoy interest rate of 10% p.a.¹ for 1-month HKD time deposits by making just 1 trade a month

HSBC Top Trader Club benefits
Trading Tier	Monthly trading volume	Brokerage fee	Minimum brokerage fee per transaction on HK/China A/US markets	Eligible placement amount for the 10% p.a.¹ 1-month HKD time deposit
1	HKD1+	0.25%	HKD100 / RMB100 / USD10	Up to HKD10,000
2	HKD1,000,000+	0.25%	HKD100 / RMB100 / USD10	Up to HKD100,000
3	HKD10,000,000+	0.18%	HKD8 / RMB8 / USD1	Up to HKD1,000,000
4	HKD20,000,000+	0.08%	HKD8 / RMB8 / USD1	Up to HKD2,000,000
5	HKD30,000,000+	0.03%	HKD8 / RMB8 / USD1	Up to HKD3,000,000
6	HKD40,000,000+	0.01%	HKD8 / RMB8 / USD1	Up to HKD4,000,000

HSBC Top Trader Club benefits
Trading Tier	1
Monthly trading volume	HKD1+
Brokerage fee	0.25%
Minimum brokerage fee per transaction on HK/China A/US markets	HKD100 / RMB100 / USD10
Eligible placement amount for the 10% p.a.¹ 1-month HKD time deposit	Up to HKD10,000

Trading Tier	2
Monthly trading volume	HKD1,000,000+
Brokerage fee	0.25%
Minimum brokerage fee per transaction on HK/China A/US markets	HKD100 / RMB100 / USD10
Eligible placement amount for the 10% p.a.¹ 1-month HKD time deposit	Up to HKD100,000

Trading Tier	3
Monthly trading volume	HKD10,000,000+
Brokerage fee	0.18%
Minimum brokerage fee per transaction on HK/China A/US markets	HKD8 / RMB8 / USD1
Eligible placement amount for the 10% p.a.¹ 1-month HKD time deposit	Up to HKD1,000,000

Trading Tier	4
Monthly trading volume	HKD20,000,000+
Brokerage fee	0.08%
Minimum brokerage fee per transaction on HK/China A/US markets	HKD8 / RMB8 / USD1
Eligible placement amount for the 10% p.a.¹ 1-month HKD time deposit	Up to HKD2,000,000

Trading Tier	5
Monthly trading volume	HKD30,000,000+
Brokerage fee	0.03%
Minimum brokerage fee per transaction on HK/China A/US markets	HKD8 / RMB8 / USD1
Eligible placement amount for the 10% p.a.¹ 1-month HKD time deposit	Up to HKD3,000,000

Trading Tier	6
Monthly trading volume	HKD40,000,000+
Brokerage fee	0.01%
Minimum brokerage fee per transaction on HK/China A/US markets	HKD8 / RMB8 / USD1
Eligible placement amount for the 10% p.a.¹ 1-month HKD time deposit	Up to HKD4,000,000

For full details and to compare the HSBC Top Trader Club with our existing tariff take a look at our HSBC Top Trader Club conditions[PDF] and our product fact sheet.

HK Stocks Safe Custody Fee Rebate for HSBC Top Trader Club.

To enjoy the 10% p.a. 1-month HKD time deposit rewards, customers need to make at least 1 trade per month. Interest rates are not guaranteed and may be subject to change as per prevailing market conditions.
For US stocks in particular, by opting-in to the HSBC Top Trader Club your current tariff of USD18 for your first 1,000 shares + USD0.015 for additional shares will be replaced with the HSBC Top Trader Club pricing.
Brokerage fee discounts will be applied to the next trade after moving up a tier level during each calendar month.
Tiers will be reset on the first day of each calendar month.
Transactions made in respect of initial public offerings, Stocks Monthly Investment Plans or any trades placed with HSBC's Securities Margin Trading service will not count towards your monthly trading volume.
HKD Time deposit rewards are only valid for 1 time deposit placement. It is applicable to both new and existing funds.
The above interest rates are indicative and are for reference only. They are not guaranteed and maybe subject to revision, as per prevailing market conditions.

Join now View how to apply

How it works

Not sure if HSBC Top Trader Club is the one for you? Discover how brokerage fees and interest rate benefits are calculated based on your actual trading activity.
Trading period	Total accumulated trading volume in November	Trading Tier reached in November	Preferential HKD Time Deposit Rate and maximum placement amount (to be placed in December)
1 Nov to 30 Nov	HKD30,440,000	Tier 5	10% p.a.; HKD3,000,000

Not sure if HSBC Top Trader Club is the one for you? Discover how brokerage fees and interest rate benefits are calculated based on your actual trading activity.
Trading period	1 Nov to 30 Nov
Total accumulated trading volume in November	HKD30,440,000
Trading Tier reached in November	Tier 5
Preferential HKD Time Deposit Rate and maximum placement amount (to be placed in December)	10% p.a.; HKD3,000,000

Benefits unlocked in November

Discounted brokerage fees:

0.03% on trades after reaching Trading Tier 5

Benefits unlocked in December (having reached Trading Tier 5 in November)

Preferential 1-month HKD time deposit rate:

10% p.a.
Maximum placement amount:

HKD3,000,000

To enjoy the 10% p.a. 1-month HKD time deposit rewards, customers need to make at least 1 trade per month. Interest rates are not guaranteed and may be subject to change as per prevailing market conditions.

Note that the time deposit must be placed through HSBC HK Easy Invest app and Online Banking on any business day between 1 - 31 December (8am - 7pm HKT). You can enjoy your time deposit and preferential rate using new or existing funds.

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Trading activity breakdown
Trade Date	Stock Market	Transaction Amount (HKD equivalent)	Existing Trading Tier	Brokerage Fee applied on this trade	Accumulated Monthly Trading Volume	Trading Tier after this trade	Brokerage Fee for next trade
2 Nov	HK	HKD1,200,000	0	0.25%	HKD1,200,000	2	0.25%
5 Nov	US	HKD9,000,000*	2	0.25%	HKD10,200,000	3	0.18%
8 Nov	China A	HKD9,900,000*	3	0.18%	HKD20,100,000	4	0.08%
15 Nov	US	HKD2,340,000*	4	0.08%	HKD22,440,000	4	0.08%
30 Nov	HK	HKD8,000,000	4	0.08%	HKD30,440,000	5	0.03%

Trading activity breakdown
Trade Date	2 Nov
Stock Market	HK
Transaction Amount (HKD equivalent)	HKD1,200,000
Existing Trading Tier	0
Brokerage Fee applied on this trade	0.25%
Accumulated Monthly Trading Volume	HKD1,200,000
Trading Tier after this trade	2
Brokerage Fee for next trade	0.25%

Trade Date	5 Nov
Stock Market	US
Transaction Amount (HKD equivalent)	HKD9,000,000*
Existing Trading Tier	2
Brokerage Fee applied on this trade	0.25%
Accumulated Monthly Trading Volume	HKD10,200,000
Trading Tier after this trade	3
Brokerage Fee for next trade	0.18%

Trade Date	8 Nov
Stock Market	China A
Transaction Amount (HKD equivalent)	HKD9,900,000*
Existing Trading Tier	3
Brokerage Fee applied on this trade	0.18%
Accumulated Monthly Trading Volume	HKD20,100,000
Trading Tier after this trade	4
Brokerage Fee for next trade	0.08%

Trade Date	15 Nov
Stock Market	US
Transaction Amount (HKD equivalent)	HKD2,340,000*
Existing Trading Tier	4
Brokerage Fee applied on this trade	0.08%
Accumulated Monthly Trading Volume	HKD22,440,000
Trading Tier after this trade	4
Brokerage Fee for next trade	0.08%

Trade Date	30 Nov
Stock Market	HK
Transaction Amount (HKD equivalent)	HKD8,000,000
Existing Trading Tier	4
Brokerage Fee applied on this trade	0.08%
Accumulated Monthly Trading Volume	HKD30,440,000
Trading Tier after this trade	5
Brokerage Fee for next trade	0.03%

*Converted to HKD with the prevailing FX rate at the time of execution.

Brokerage fee discounts will be applied to the next trade after moving up a Trading Tier level during each calendar month.
Trading Tiers are reset on the first day of each calendar month.
Transactions made in respect of initial public offerings, Stocks Monthly Investment Plans or any trades placed via HSBC's Securities Margin Trading service will not count towards your monthly trading volume.
Depending on your monthly trading volume, you may prefer to remain in our standard pricing programme.

Join now through the HSBC HK Easy Invest app and Online Banking

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Log on to HSBC Online Banking to join HSBC Top Trader Club

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To join the HSBC Top Trader Club you'll need an HSBC Investment account.

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How do I join the HSBC Top Trader Club?

Step 1

Log on to your HSBC HK Easy Invest app and go to 'Menu' on the left top corner > Select 'HSBC Top Trader Club'

Screenshot of HSBC Easy Invest App, showing the Investments menu page

Step 2

Review the details of the HSBC Top Trader Club programme, declare you have read, understood and accepted the conditions and simply tap on 'Join the HSBC Top Trader Club'

Screenshot of HSBC Easy Invest App, showing the Top Trader Club introduction page

Step 3

And you're all good to go! Start trading to unlock your benefits

Screenshot of HSBC Easy Invest App, showing the Top Trader Club successful joining page

Alternatively, you can also join HSBC Top Trader Club by logging onto the HSBC Online Banking > Choose 'Investments' > choose 'Stocks portfolio' > choose 'More links' from the top menu bar > choose 'HSBC Top Trader Club' to join

Join HSBC Top Trader Club and start trading with an award-winning stock trading service

Our HSBC Top Trader Club won top prize for Digital Innovation at the Bloomberg Businessweek - Financial Institution Awards 2021

Bloomberg businessweek financial institution awards 2021 bancasecurities digital innovation

FAQ

1. What is the Top Trader Club?

The HSBC Top Trader Club is a pricing and loyalty programme that offers the opportunity to benefit from volume-based brokerage fees while earning 10% p.a. on your un-invested cash.

By joining the Top Trader Club, you'll enjoy simplified volume-based brokerage fees for all your trading in Hong Kong Stocks, China A Shares and US Stocks. As you trade more each month, and move up Trading Tiers, your brokerage fees on future trades in the month will be discounted to as little as 0.01% (minimum HKD8 / RMB8 / USD1).

For example, after placing just 1 trade each month, you'll be rewarded with special deposit rates of 10% p.a.

2. Can I opt out and leave the Top Trader Club?

You can opt out and leave the Top Trader Club any time.

Standard brokerage fees will apply to any trades executed after you opt out. By opting out, you'll also lose any existing or upcoming deposit rate rewards. If you subsequently decide to rejoin the Top Trader Club, your Trading Tier and accumulated volume will be reset to zero.

3. Does it cost money?

No, it doesn't cost anything. You won't be charged when you opt-in and there's no membership fee in joining our Top Trader Club. To enjoy the full benefits of the club, all you need to do is to trade.

4. How can I redeem my time deposit?

If you're eligible to place a time deposit in the current month (ie you've traded to a certain Trading Tier in the previous month), then you must redeem and place the time deposit directly via the exclusive link on the Top Trader Club page*. We'll also send you an SMS or email to confirm the preferential interest rate and maximum time deposit amount at the start of the month.

*You can only place the preferential time deposit for the Top Trader Club through the HSBC HK Easy Invest app and Online Banking, and the time deposit must be placed during business hours of 8am to 7pm (HKT), Monday to Friday.

5. Will my investment amount on China A shares and US stocks be accumulated into my 'Monthly Trading Amount (HKD)'?

Yes, the investments made on China A and US markets will be converted to HKD after execution when calculating the trading amount to determine your Trading Tier. The conversion rates may fluctuate and will be refreshed every 15 minutes.

1. What are the Trading Tiers?

The Trading Tiers define what club benefits you're eligible to receive and are based on your accumulated trading volume in each calendar month. Please refer to the Trading Tier table above for more details.

2. How will I know what Trading Tier I am in?

When you log on with the HSBC HK Easy Invest app and Online Banking select 'Top Trader Club', you'll be able to see what Trading Tier you're in via the trade meter and also the trading amount required to hit the next Trading Tier.

3. How are the Trading Tiers calculated?

Trading Tiers are calculated based on the cumulative value of orders executed in the calendar month. Discounted brokerage fees are calculated and applied based on the latest trade meter which correspond to the highest Trading Tier achieved at the time of execution. The trade meter and Trading Tier will be refreshed at least every 30 minutes.

4. I've reached a new Trading Tier, will my brokerage discount apply to all my historical trades, or will it just apply to trades made after reaching the new Tier?

The brokerage discount only applies to trades within the Trading Tier you're currently trading in. For instance, if you reach Tier 4, you'll enjoy 0.08% on all trades after hitting Tier 4. The 0.08% does not apply to the trades you have completed through Tiers 1 to 3.

5. Will the trades that I have conducted through margin trading be counted to the Trading Tier?

No. Any trades placed via HSBC's Securities Margin Trading Service will not count towards the Top Trader Club programme.

6. How about joint account handling?

If the principal account holder has opted-in to the Top Trader Club, any trades executed by the secondary account holder on that joint investment account will be counted towards determining the Trading Tier of the principal account holder. The relevant discounted brokerage fees will apply to all joint account holders once the principal account holder has reached a designated Trading Tier and depending on the Trading Tier of the principal account holder at the time of execution.

1. I traded on the last day of the current month, and the trade hasn’t settled until T+2 on the following month. Which month will that trade count towards?

We'll count the trade towards the Trading Tier at the time of execution. So if you've traded on the last day of the current calendar month and that order was executed successfully, it will be counted to the month in which you placed your trade.

2. When do I get to enjoy my discounted brokerage rates, minimum charges and deposit charge waivers?

Trading Tiers are applied based on monthly cumulative trading amount summed across all stocks, warrants and ETF shares across the 3 markets (Hong Kong Stocks, China A Shares and US Stocks). This is calculated at the time of the trade. As such, the discounted brokerage fees and the related minimum charge and deposit charge waivers are calculated and applied based on the latest trade meter which correspond to the highest Trading Tier achieved at the time of execution. Please note the trade meter and Trading Tier will be refreshed at least every 30 minutes.

3. How long will it take my trading amount to show up on the HSBC HK Easy Invest app and Online Banking ?

This is calculated at the time of the trade. However, the trade meter and Trading Tier will be refreshed at least every 30 minutes.

4. Which products will go towards my trading amount?

Listed stocks, warrants / CBBCs and ETFs across the 3 markets (Hong Kong Stocks, China A Shares and US Stocks).

5. Are there any transactions that are excluded from the Top Trader Club?

Yes, transactions made for initial public offerings and monthly investment plans for stocks will not count towards your trading amount.

6. If my trade takes me over into a new Trading Tier, what brokerage fee will I get?

The discounted brokerage fees are calculated and applied based on the latest Trading Tier at the time of execution. For example, if you placed an order and your order is executed when you're currently at Tier 3, your order will be charged with a brokerage fee of 0.18%. After executing that order, when the trade meter and Trading Tier are refreshed to Tier 4, you'll be able to enjoy the benefits of Tier 4, and the brokerage fee for all trades after will be 0.08%.

1. How will I know my eligible placement amount is each month?

If you're eligible to place a time deposit in the current month (i.e. you've traded to a certain Trading Tier in the previous month), then you must redeem and place the time deposit directly on the HSBC HK Easy Invest app and Online Banking via the exclusive link on the Top Trader Club page*. We'll also send you an SMS or email to confirm the preferential interest rate and maximum time deposit amount at the start of the month.

You can place your time deposit anytime on any business day during the month.

*You may not place the preferential time deposit for the Top Trader Club in any other channels and must place the time deposit during business hours from 8am to 7pm (HKT), Monday to Friday.

2. Do I have to use new funds to be eligible for the preferential time deposit offer?

No. You can use existing funds.

3. Can I split the time deposit into different placement amounts?

No. You can only place one time deposit up to the maximum placement amount as per the Trading Tier you achieved at the end of the previous month.

4. Can I place the time deposit in other HSBC channels?

No. You must place the time deposit directly on the HSBC HK Easy Invest app and Online Banking via the exclusive link on the Top Trader Club page.

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HSBC HK Easy Invest

Making available to you any advertisements, marketing or promotional materials is part of our Bank’s ordinary course of securities dealing business. It shall not, by itself, constitute solicitation of the sale or recommendation of any investment products.

Investment involves risk. Notwithstanding the benefits of offer(s) mentioned herein, you should carefully consider the risks and features of any investment products (including but not limited to equities/exchange traded funds/exchange traded derivatives & structured products) or services mentioned herein to assess whether they are appropriate for you in view of your investment experience, objectives, financial resources and relevant circumstances. The price of investment products may move up or down. Losses may be incurred as well as profits made as a result of buying and selling investment products.

Depending on your monthly trading volume, you may prefer to remain in our standard pricing programme. For US stocks in particular, by opting-in to the HSBC Top Trader Club your current tariff of USD18 for your first 1,000 shares + USD0.015 for additional shares will be replaced with the HSBC Top Trader Club pricing.

The HSBC HK Easy Invest App ("Easy Invest") and the contents of this material/correspondence are provided by The Hongkong and Shanghai Banking Corporation Limited ('HSBC HK') for the use of existing HSBC HK customers only. You should download Easy Invest only if you are an existing HSBC HK customer. Easy Invest is not intended for download, or use, by any person in any jurisdiction where such download or use would be contrary to any law or regulation of such jurisdiction or where HSBC HK is not licensed or authorized to provide Easy Invest and/or any of the Services.

Up to HK$46,000 cash rewards for stock trading

Volume-based brokerage fees and great HKD time deposit rates on your cash