HSBC Securities Account Types

HSBC Securities offers a self-directed brokerage account that allows investors to trade equities, ETFs, and mutual funds at a lower cost. Currently, this self-directed brokerage account supports individual brokerage accounts only. Options trading and margin trading are not available at this time. Investors must be existing HSBC Bank Premier customers with online banking access to qualify for this account.

Types of Accounts:

• Individual Brokerage Accounts:
• Allows for trading a variety of investment products such as equities, ETFs, and mutual funds.
• No options or margin trading is currently supported.

HSBC Securities Broker Account Opening Process

Opening a self-directed brokerage account with HSBC Securities is a straightforward process, but certain eligibility criteria must be met.

Steps to Open an Account:

• Eligibility:
• Must be an existing HSBC Bank Premier customer.
• Must have online internet banking access.
• Certification of being a full-time legal resident of the U.S. is required.
• Account Opening:
• Complete the online application process, ensuring to provide all necessary personal information.
• Verification checks will be conducted during the onboarding process.
• Funding the Account:
• Several methods are available to fund your account, including bank transfers or checks.
• Specific funding options can be discussed with HSBC's wealth services desk.
• Trading:
• Once the account is funded, you can begin trading in the supported investment products directly through the online platform.
• Account Management:
• As a self-directed investor, you will make all investment decisions without the guidance of a financial professional.

For any questions or further assistance during the account opening process, you can contact HSBC's wealth services desk at 888-809-3802.