HSBC Top Trader Club

Be rewarded for trading higher volumes

Our Top Trader Club lets you trade more Hong Kong, US and China A shares at lower brokerage fees. Plus, enjoy 10% p.a.¹ deposit rates in the next month on your uninvested cash for each month you trade in.

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Key benefits

More trades, lower fees

Trade as much you want and enjoy brokerage fees as low as 0.01% (minimum HKD8 / RMB8 / USD1).

Earn 10% p.a.¹ on your uninvested cash

Make just 1 trade a month to enjoy an exclusive 1-month HKD time deposit rate of 10% p.a.¹

Make your voice heard

By joining, you may be invited to be a part of our Top Trader Club Panel—giving you the chance to share your thoughts and be among the first to try new features!

Currently available in Chinese only.

A businesswoman is confidently looking up at the sky

Take your trading to the top

HSBC Top Trader Club is now available to join through HSBC HK Easy Invest app and Online Banking.

It's our new pricing and loyalty stock trading programme which will transfer you to a simplified, volume-based brokerage fee structure for all your trading in Hong Kong stocks, China A shares and US stocks, and great time deposit rates on your cash.

Transfer in your stocks into HSBC on or before 31 Dec 2023 to receive an additional up to HK10,000 cash rebate. T&Cs apply .

Join now View easy invest app download section This link will open in a new window

HSBC Top Trader Club rates and rewards

Simply trade to unlock lower brokerage fees and a 10% p.a.¹ time deposit rate.

Volume-based brokerage fees

As low as 0.01%, minimum HKD8 /RMB8 / USD1

1-month HKD time deposit

10% p.a.¹

Full table of tiers and benefits

This table shows how much you need to trade to reach a certain tier, and the benefits that correspond to each tier.
Trading Tier	Monthly trading volume	Brokerage fee	Minimum brokerage fee per transaction on HK/US/China A markets	Eligible placement amount for a 10% p.a¹ 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

This table shows how much you need to trade to reach a certain tier, and the benefits that correspond to each tier.
Trading Tier	1
Monthly trading volume	HKD1+
Brokerage fee	0.25%
Minimum brokerage fee per transaction on HK/US/China A markets	HKD100 / RMB100 / USD10
Eligible placement amount for a 10% p.a¹ 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/US/China A markets	HKD100 / RMB100 / USD10
Eligible placement amount for a 10% p.a¹ 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/US/China A markets	HKD8 / RMB8 / USD1
Eligible placement amount for a 10% p.a¹ 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/US/China A markets	HKD8 / RMB8 / USD1
Eligible placement amount for a 10% p.a¹ 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/US/China A markets	HKD8 / RMB8 / USD1
Eligible placement amount for a 10% p.a¹ 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/US/China A markets	HKD8 / RMB8 / USD1
Eligible placement amount for a 10% p.a¹ 1-month HKD time deposit	Up to HKD4,000,000

1.To enjoy the 1-month HKD time deposit rewards, customers need to make at least 1 trade per month. The current preferential 1-month time deposit rate is 5% p.a. (which will be applied to the trades executed in December 2022) and starting from February 2023, the preferential 1-month time deposit rate will be changed into 10% p.a. (which will be applied to the trades executed from January 2022 onwards). Interest rates are not guaranteed and may be subject to change as per prevailing market conditions.

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 factsheet.

To enjoy 5% p.a. 1-month HKD time deposit, customers need to make at least 1 trade per month. Rates may be subject to change and are not guaranteed.
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.

How HSBC Top Trader Club works

Your trading tier is based on your trading volume for the month, regardless of which market (Hong Kong, US, China A) you're trading in. Your brokerage fee will depend on which tier you're in when you make the trade.

Your discounts will be applied to your next trade when you move up a tier within the calendar month. Your trading volume and tier will be reset at the start of each month.

The following example shows a customer actively trading between 1–30 November:
Trade date	Stock market	Transaction amount	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%

The following example shows a customer actively trading between 1–30 November:
Trade date	2 Nov
Stock market	HK
Transaction amount	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	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	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	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	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

Benefits unlocked in December

Upon reaching Trading Tier 5 in November, the customer will enjoy these benefits.

1-month HKD time deposit rate: 10% p.a.
Maximum time deposit placement amount: HKD3 million

To enjoy the 1-month HKD time deposit rewards, customers need to make at least 1 trade per month. The current preferential 1-month time deposit rate is 5% p.a. (which will be applied to the trades executed in December 2022) and starting from February 2023, the preferential 1-month time deposit rate will be changed into 10% p.a. (which will be applied to the trades executed from January 2022 onwards). Interest rates are not guaranteed and may be subject to change as per prevailing market conditions.

Note: The time deposit must be placed via the HSBC HK Easy Invest app or HSBC Online Banking during business hours on a business day within the calendar month. You can use both new or existing funds.

Need to check which tier you're now on? Log on to HSBC Online Banking or the HSBC HK Easy Invest app, select 'Menu', then 'HSBC Top Trader Club' to do so.

How do I join the HSBC Top Trader Club?

Step 1

Log on to the HSBC HK Easy Invest app. Go to the menu and select 'HSBC Top Trader Club'

Step 2

Review the details of the HSBC Top Trader Club programme. Declare that you have read, understood and accepted the conditions.

Step 3

Tap 'Join the HSBC Top Trader Club', and you're all good to go! Start trading to unlock your benefits.

Or you can log on to HSBC Online Banking to join HSBC Top Trader Club. Choose 'My investments', then 'Stock Portfolio'. Next, select 'HSBC Top Trader Club' to join.

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

Need help?

Talk with us

Find your nearest branch or call us on (852) 2233 3733.

Lines are open 9:00am to 6:00pm, Mondays to Fridays, and 9:00am to 1:00pm on Saturdays, except public holidays.

Or reach us via LiveChat.

Don't have an HSBC investment account?

You can open an investment account on the HSBC HK Mobile Banking app and start trading with us in minutes.

Open an investment account link will go to "Open an investment account" page

Find out more

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 5% 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, US and China A shares. 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 5% 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 US stocks and China A shares be accumulated into my 'Monthly Trading Amount (HKD)'?

Yes, the investments made on US and China A 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?

Trading tiers define what benefits you can receive based on your accumulated trading volume for each calendar month. Please refer to the trading tier table for more details.

2. How will I know which trading tier I am in?

Log on to the HSBC HK Easy Invest app or HSBC Online Banking, then select 'Top Trader Club'. You'll be able to see which trading tier you're in via the trade metre and how much you need to trade to hit the next trading tier.

3. How are 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 trade metre, which reflects the highest trading tier you attained at the time of execution. The trade metre and trading tier are refreshed at least once every 30 minutes.

4. I've reached a new trading tier. Will my brokerage fee discount apply to all the trades I've already made or to the trades I make only after I've reached the new tier?

The discount will only apply to trades you make after reaching the trading tier. For example, once you've reached tier 4, you'll enjoy 0.08% on all the trades you make while you're in this tier. The discount won't apply to the trades you made while you were in tiers 1 to 3.

5. Will the trades I made via margin trading count towards my trading tier?

No. Any trades you place via our Securities Margin Trading Service will not count towards your trading tier in the Top Trade Club.

6. I have a joint account. How will our trading tiers be calculated?

If the principal account holder has joined the Top Trader Club, any trades made by the secondary account holder using that joint investment account will count towards which trading tier the principal account holder is in.

All joint account holders can enjoy the discounted brokerage fees based on which trading tier the principal account holder has reached at the time of execution.

1. I traded on the last day of the month but the trade won't be settled until T+2 in the following month. Which month will that trade count towards?

We'll count it towards the trading tier at the time of execution. So if the order was executed successfully, it will be counted towards the month in which you placed your trade, not the following month.

2. When will my discounted brokerage fees, minimum charges and deposit charge waivers apply?

Your benefits will apply once you've reached the trading tier. Trading tiers are based on your total monthly cumulative trading amount of stocks, warrants, ETF shares across 3 markets (Hong Kong, US and China A) at the time of the trade. So these benefits will be calculated and applied based on your latest trade metre, which reflect the highest trading tier you've achieved at the time of execution. Please note that your trade metre and trading tier are refreshed at least once every 30 minutes.

3. How long will it take for 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. But please allow time for it to show up as the trade meter and trading tier are refreshed at least once every 30 minutes.

4. Which products will count towards my trading amount?

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

5. What transactions do not count towards my trading amount?

Transactions for initial public offerings (IPOs) and monthly stock investment plans do not count towards your trading amount.

1. How will I know what my eligible placement amount for the month is?

You're eligible to place a time deposit in the current month if you've reached a certain trading tier in the previous month. You'll see an exclusive link when you log on to the HSBC HK Easy Invest app or HSBC Online Banking and select 'Top Trader Club'. Use it to redeem and place your time deposit to enjoy your preferential rate.

We'll also send you an SMS or email to confirm the preferential rate and maximum time deposit amount you can enjoy at the start of the month.

You can place your time deposit via the HSBC HK Easy Invest app or HSBC Online Banking at any time between 8am and 7pm (HKT), Mondays to Fridays except public holidays.

2. Do I have to use new funds to enjoy the preferential time deposit offer?

No, you can use your existing funds.

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

No, you can only place 1 time deposit up to the maximum placement amount per the trading tier you achieved at the end of the previous month.

4. Can I still enjoy the time deposit offer if I place it via other HSBC channels?

No, you must place the time deposit via the exclusive link you'll see when you log on to the HSBC HK Easy Invest app or HSBC Online Banking and go to 'Top Trader Club'.

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Risk Disclosure

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.

Important information

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.

Product factsheets

HK Stocks

China A Shares

US Stocks