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HSBC Forex broker specializes in providing foreign exchange trading services, the company's official website http://www.broking.h..., the company's legitimate regulatory information Hong KongSFCDealing in futures contracts, Hong KongSFCLeveraged foreign exchange trading to enhance the security of the company's address 香港皇后大道中1号香港上海汇丰银行总行大厦25楼

HSBC Forex Broker

Basic Information

Registered Region
Hong Kong
Operating Period
--
Company Name
汇丰金融期货(亚洲)有限公司
Abbreviation
HSBC
Company employee
--
Customer Service Email Address
nettrader@hsbc.com.hk
Contact Number
(852)2521 1661
Company address
香港皇后大道中1号香港上海汇丰银行总行大厦25楼
Keywords
Above 20 years
Regulated in Hong Kong
Regulated in Hong Kong
Dealing in futures contracts
Leveraged foreign exchange trading
Global Business
High potential risk

Company profile

Aspect Information Company Name HSBC Registered Country/Area HongKong(China) Founded Year 1985 Regulation SFC Minimum Deposit From 0 yuan Spreads/Fees Commissions:1% of consideration,Fees:from 30 HKD Trading Platforms MT4,HSBC mobile app Tradable Assets Products and services,Stocks and ETFs,OTC traded debt securities / CDs,Derivatives / futures and options,IPOs, new issues, sub-underwriting and placements,Leveraged FX and precious metals,Margin financing,Capital Investment Entrant Scheme (“CIES”) Account Types Individual account,joint account Demo Account Available Customer Support Phone:(852)2521 1661,Email:nettrader@hsbc.com.hk Deposit & Withdrawal Bank transfer,credit/debit card,internet bank Educational resource Market talk Overview of HSBC HSBC, headquartered in Hong Kong, China, was established in 1985 and is regulated by the SFC. The bank offers a broad range of tradable assets, including stocks, ETFs, derivatives, and leveraged FX, among others. Customers can trade through platforms like MT4 and the HSBC mobile app. With account types like individual and joint accounts, and a minimum deposit starting from 0 yuan, HSBC caters to a diverse clientele. They charge a 1% commission on trades and fees from 30 HKD. Additional offerings include a demo account, various educational resources, and customer support via phone and email. Deposits and withdrawals can be made through bank transfers, credit/debit cards, and internet banking. Is HSBC Legit or a Scam? HSBC is regulated by the Securities and Futures Commission of Hong Kong. It holds two distinct licenses: one for dealing in futures contracts (License No. AAG075) . Another for leveraged foreign exchange trading (License No. ACL069), both effective from September 10, 2004. These licenses are held by HSBC's specific entities in Asia - HSBC Broking Futures (Asia) Limited and HSBC Broking Forex (Asia) Limited, respectively. The licenses indicate that HSBC is authorized to engage in futures and leveraged forex trading in Hong Kong, ensuring regulatory compliance in these financial activities. Pros and Cons Pros: Regulatory Compliance: Being regulated by the Securities and Futures Commission of Hong Kong ensures adherence to strict financial standards and practices. Diverse Financial Services: HSBC offers a wide range of services, including futures contracts and leveraged forex trading. Established Regulatory History: With licenses effective since 2004, HSBC demonstrates a long-standing commitment to regulatory compliance. Specialized Entities: Separate entities for futures and forex trading allow for focused expertise in each area. Transparency: The presence of licensed institutions and clear contact information adds a layer of transparency and reliability. Cons: Regulatory Constraints: Strict regulatory oversight might limit some aggressive trading strategies or financial products. Complexity for Clients: Multiple entities and specific regulations can be confusing for clients. Regional Focus: The regulatory scope is primarily Hong Kong, which might not cover global trading needs fully. Operational Risks: Adhering to specific regulations requires rigorous internal controls, which can be complex and resource-intensive. Market Limitations: Regulations may restrict the banks ability to offer certain high-risk products or leverage ratios, potentially limiting options for certain investors. Pros Cons Regulatory Compliance Regulatory Constraints Diverse Financial Services Complexity for Clients Established Regulatory History Regional Focus Specialized Entities Operational Risks Transparency Market Limitations Market instruments HSBC offers a variety of market instruments, providing traders with a diverse range of options across multiple asset classes: Forex (Foreign Exchange): HSBC enables trading in major, minor, and exotic currency pairs, allowing clients to engage in the global forex market. Commodities: The bank provides access to commodities trading, including hard commodities like metals and energy, as well as soft commodities like agricultural products. Stocks: HSBC allows trading in equity markets, offering opportunities to invest in a wide range of companies across different sectors and regions. Indices: Clients can trade in market indices, reflecting the composite value of a set of stocks or investment vehicles. This offers a way to speculate on the overall direction of specific markets or sectors. Derivatives (Futures and Options): HSBC offers derivatives trading, including futures and options, which allows for strategies based on the future price movements of underlying assets. By providing these market instruments, HSBC caters to various trading preferences and strategies, from traditional stock trading to more complex derivative instruments. Account Types HSBC offers two main types of trading accounts: Individual Account: Designed for single users, this account type is tailored for individual traders, allowing them to manage their investments personally. Joint Account: Intended for multiple users, a joint account enables more than one individual to manage and trade in the account. This is often used by partners or family members who want to invest together. These account types are structured to cater to different client needs, from individual investors to those who prefer a collaborative approach to trading and investing. How to Open an Account? Opening an account with HSBC generally involves the following steps: Choose Account Type: Decide whether you need an individual or joint account based on your investment needs and preferences. Gather Required Documents: Prepare necessary documentation, such as identification, proof of address, and any other relevant financial information. Complete the Application Form: Fill out the account application form, which can typically be found on HSBC's website or obtained at a local branch. Submit Application and Await Verification: Submit your completed application along with the required documents to HSBC. The bank will then process your application and perform necessary verification checks before activating your account. It's important to note that these steps may vary slightly depending on your location and the specific services you require, so it's a good idea to check HSBC's website or contact their customer service for precise information. Spreads & Commissions HSBC charges a commission of 1% of the consideration (the total value of the transaction). This commission rate applies to trades and transactions conducted through their platforms. The rate is a standard fee for the execution of trades, providing a clear cost structure for investors and traders using their services. In addition to the commission, HSBC also imposes fees starting from 30 HKD. These fees may cover various aspects of trading and account management, including but not limited to transaction fees, account maintenance, and other service-related charges. It's crucial for clients to review the detailed fee structure on HSBC's website or contact their customer service to understand all potential charges associated with their account and trading activities. Trading Platform HSBC offers a variety of mobile applications to facilitate trading and banking activities for its clients. These include the HSBC HK App, which provides comprehensive banking and trading services, the HSBC HK App in Lite Mode, designed for a simpler, more streamlined user experience, and PayMe by HSBC, which is focused on easy and convenient payment solutions. Each of these apps caters to different aspects of financial management and trading, ensuring clients have access to a range of services and functionalities directly from their mobile devices. Deposit & Withdrawal HSBC provides various options for depositing and withdrawing funds, catering to the convenience and preferences of its customers. While specific details for each method may vary, common options include:Deposit Methods: Bank Transfer: Allows customers to transfer funds from their bank account to their HSBC account. Credit/Debit Card: Including options like HSBC's range of credit cards for direct deposit. Internet Banking: A digital option for transferring funds online. Mobile Payments: Through apps like PayMe by HSBC. Withdrawal Methods:Withdrawals are typically facilitated through similar channels, allowing customers to conveniently access their funds. The exact methods and any associated processing times or fees should be confirmed with HSBC directly. Educational resource HSBC offers a rich array of educational resources under its “Market Talk” and “Investment Strategy & Advisory” services. These include up-to-date insights on current market themes, helping clients identify fleeting investment opportunities. HSBC's experienced team provides innovative research, analysis on multiple assets and financial markets, and in-depth outlooks on macros, sectors, and stocks. They also offer quantitative techniques, market fund flow studies, and trading ideas suitable for various investment horizons. Additionally, clients have access to regular investment events, insightful analysis from seasoned analysts, and direct interactions with investment experts for tailored advice and insight sharing. Customer Support HSBC provides comprehensive customer support for its clients. Customers can reach out to the support team by calling the phone number (852) 2521 1661 for immediate assistance. For those preferring email communication, inquiries can be sent tonettrader@hsbc.com.hk. Additionally, HSBC's website, available athttp://www.broking.hsbc.com.hk, offers extensive information and resources. The bank's office is located at 25/F, HSBC Main Building, 1 Queen's Road Central, Hong Kong, where clients can visit for in-person assistance or consultations. Conclusion In conclusion, HSBC provides a comprehensive suite of financial services, regulated by the Securities and Futures Commission of Hong Kong, with diverse market instruments including forex, stocks, and commodities. It offers both individual and joint account types with a transparent fee structure. HSBC's digital platforms and mobile apps enhance the user experience, and the bank offers a range of deposit and withdrawal methods. Educational resources and customer support are readily available, making HSBC a robust choice for clients seeking a reliable banking and trading experience. FAQs What types of accounts can I open with HSBC? HSBC offers individual and joint accounts. How do I open an account with HSBC? Choose the account type, gather necessary documents, complete the application form, and submit for verification. What are the commission and fees for trading with HSBC? HSBC charges a 1% commission on trades and fees starting from 30 HKD. How can I deposit and withdraw funds with HSBC? Options include bank transfer, credit/debit card, internet banking, and mobile payments. What market instruments are available for trading with HSBC? HSBC offers forex, commodities, stocks, indices, and derivatives. What trading platforms does HSBC offer? HSBC offers trading via the HSBC HK App, HSBC HK App - Lite Mode, and PayMe. How can I contact HSBC customer support? Contact them at (852) 2521 1661, nettrader@hsbc.com.hk, or visit their website for more information.

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How to login to HSBC?
hsbc Complete Account Guide: Registration, Account Opening, and Login Processes This comprehensive guide provides a detailed overview of the HSBC educational platform, focusing on the registration, account opening, and login processes. Whether you are a new user or looking to navigate your existing

  

HSBC Forex Broker - Complete Information Guide

  

1. Broker Overview

  HSBC, officially known as The Hongkong and Shanghai Banking Corporation Limited, was established in 1865. The bank is headquartered in Hong Kong and operates as a publicly traded company under the HSBC Holdings plc umbrella. HSBC serves a diverse clientele, including individual retail investors, corporations, and institutional clients across various markets, with a significant presence in Asia, Europe, North America, and the Middle East.

  Over the years, HSBC has evolved into one of the largest banking and financial services organizations in the world. Key milestones in its development include the establishment of its first branch in Shanghai in 1865, its expansion into the UK market in the late 19th century, and its listing on the London Stock Exchange in 1999. As a global financial institution, HSBC has embraced a business model that focuses on retail forex trading, institutional services, and wealth management, allowing it to cater to a wide range of customer needs.

  HSBC operates primarily through its retail forex services, offering trading in various financial instruments, including currencies, CFDs, and commodities. The companys robust infrastructure and extensive experience in the financial sector position it as a trusted partner for traders seeking to navigate the complexities of the forex market.

  

2. Regulatory and Compliance Information

  HSBC is regulated by several major authorities, ensuring compliance with international financial standards. The primary regulatory bodies include:

  • Securities and Futures Commission (SFC) - Hong Kong
  • Financial Conduct Authority (FCA) - United Kingdom
  • Australian Securities and Investments Commission (ASIC) - Australia
  • Labuan Financial Services Authority (LFSA) - Malaysia

  Each of these regulators has specific oversight responsibilities, with the SFC requiring a license number for operations in Hong Kong. HSBC holds a license number from the SFC, ensuring its adherence to local regulations.

  The regulatory licenses are valid as long as HSBC maintains compliance with the respective authorities. In terms of client protection, HSBC has implemented stringent policies for the segregation of customer funds, ensuring that client deposits are kept separate from the bank's operational funds. This practice is essential for safeguarding investor assets and enhancing trust.

  HSBC participates in investor compensation schemes, which provide a safety net for clients in the event of financial difficulties. The bank adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, ensuring that it conducts thorough due diligence on all clients to prevent illicit activities.

  

3. Trading Products and Services

  HSBC offers a wide array of trading products to its clients, catering to various trading strategies and preferences. The broker provides access to over 109 currency pairs, including major, minor, and exotic forex pairs, enabling traders to engage in diverse market opportunities.

  In addition to forex trading, HSBC also offers CFDs across several asset classes, including:

  • Indices: Access to major global indices for traders looking to speculate on market movements.
  • Commodities: Trading options for precious metals, energy products, and agricultural goods.
  • Cryptocurrencies: A growing interest in digital assets allows clients to trade popular cryptocurrencies.

  HSBC continually updates its product offerings to respond to market demand and client interest. The bank also provides tailored services for retail clients and institutional investors, ensuring that each segment receives the appropriate level of support and resources.

  For institutional clients, HSBC offers white-label solutions and asset management services, enhancing the broker's reputation as a comprehensive provider in the financial services sector.

  

4. Trading Platforms and Technology

  HSBC supports the widely recognized MetaTrader 4 (MT4) trading platform, providing clients with a robust and user-friendly interface for forex trading. The MT4 platform is known for its advanced charting tools, automated trading capabilities, and extensive analytical resources, making it a popular choice among traders.

  In addition to MT4, HSBC offers a proprietary trading platform that integrates advanced technology, allowing traders to access their accounts via a web-based interface or mobile apps for both iOS and Android devices. This flexibility enables traders to manage their portfolios on the go, ensuring they can respond to market changes swiftly.

  HSBC employs a market-making execution model, which allows for competitive spreads and fast trade execution. The broker's technological infrastructure is supported by strategically located servers that enhance order execution speed and reliability. Furthermore, HSBC provides API access for automated trading, catering to algorithmic traders seeking to implement sophisticated trading strategies.

  

5. Account Types and Trading Conditions

  HSBC offers various account types to accommodate different trading preferences and investment strategies. The standard account conditions include:

  • Minimum Deposit: $250
  • Spreads: Competitive spreads starting from 1.2 pips
  • Commission: Variable, depending on the trading volume

  For clients seeking enhanced trading experiences, HSBC provides advanced account types such as VIP accounts and professional accounts, which offer lower spreads and additional benefits. The bank also caters to specific needs with Islamic accounts, ensuring compliance with Sharia law.

  HSBCs demo account policy allows new traders to practice their strategies without financial risk. The bank offers a leverage ratio that varies by product, typically ranging from 1:100 to 1:500, enabling traders to maximize their potential returns.

  Overnight fees are applicable for positions held beyond the trading day, and the fee structure is clearly outlined in the terms and conditions provided to clients.

  

6. Funds Management

  HSBC supports a variety of deposit methods for client convenience, including:

  • Bank Transfers
  • Credit Cards
  • E-Wallets (such as PayPal and Skrill)

  The minimum deposit requirement varies by account type, with standard accounts starting at $250. Deposits are processed quickly, typically within 1-3 business days, depending on the method used.

  While HSBC does not charge fees for deposits, clients should be aware of potential fees associated with certain payment methods. Withdrawal methods include bank transfers and credit card withdrawals, with processing times generally taking 2-5 business days. HSBC does not impose withdrawal fees, allowing clients to access their funds without additional costs.

  However, currency conversion fees may apply for withdrawals made in currencies other than USD, which clients should consider when planning their transactions.

  

7. Customer Support and Educational Resources

  HSBC provides comprehensive customer support through various channels, including:

  • Phone Support
  • Email Support
  • Live Chat
  • Social Media Platforms

  The bank's customer service operates across multiple time zones, ensuring timely assistance for clients globally. Support is available in several languages, including English, Chinese, Spanish, and Arabic.

  In addition to customer support, HSBC offers a range of educational resources aimed at enhancing trader knowledge and skills. These resources include webinars, tutorials, and eBooks covering various trading topics. Market analysis services are also provided, featuring daily updates, news, and research reports to help clients make informed trading decisions.

  HSBC equips its clients with various trading tools, including calculators, economic calendars, and signal services, to aid in effective trading strategies.

  

8. Regional Coverage and Restrictions

  HSBC operates in numerous markets worldwide, with significant presence in Asia, Europe, North America, and the Middle East. The bank maintains regional offices in key financial centers, ensuring localized support for its clients.

  However, certain countries are excluded from HSBC's services due to regulatory restrictions. Clients from regions such as Brazil, South Korea, Iran, Iraq, Syria, Japan, and the United States are not eligible to open accounts with HSBC.

  HSBC's operations are tailored to comply with local regulations, and the bank continually assesses its offerings to ensure compliance while expanding its market presence.

  In summary, HSBC stands as a reputable broker in the forex trading landscape, offering a diverse range of products, robust trading platforms, and comprehensive support services. With its strong regulatory framework and commitment to client safety, HSBC is well-positioned to serve traders seeking a reliable and efficient trading experience.

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Latest Reviews

☆Purple♂

☆Purple♂

Hong Kong

So happy to trade with HSBC Broking. The T+1 settlement for U.S. and Canadian securities simplifies the process, and their digital tools are user-friendly. Customer support is also very responsive.

Positive

2024-08-16

程樂

程樂

Taiwan

Fraud platform. The are scammers. Do not trust them anymore.

Exposure

2021-12-23

程樂

程樂

Taiwan

The fraud platform is a scam, and will not withdraw cash. Be careful not to use the fraud platform. Scams

Exposure

2021-12-15

HSBC Forex Broker has an overall rating of 6.61, Regulatory Index 7.38, License Index 7.38, Business Index 9.15, Software Index 6.64 Risk Control Index 0.00.