In this guide

  • Our verdict
  • Details
    • Platform details
  • Frequently asked questions
  • Your reviews
  • Ask a question
Finder makes money from featured partners, but editorial opinions are our own.

HSBC Online Share Trading

HSBC Online Share Trading
3.3
★★★★★
Finder score

This product is not currently available via Finder. Visit the provider's website directly, or compare other options.

Compare other options
Standard brokerage fee
$19.95
Available markets
ASX
Support
Phone, Email, Live chat

Our verdict

Learn about how you can use the HSBC Online Share Trading account to help you trade more effectively.

HSBC greatly appeals to the right type of investor. It has strong trading tools and educational resources and can even help you at tax time with some of its reporting features.

And while you're at it, HSBC is relatively cheap on investments of up to $20,000, charging $19.95 in brokerage.

While it tries to help newer investors through its video series, it might not appeal to those who are just starting out as its brokerage fees become less competitive if you're on the smaller end of the market. If you're trading $500 at a time, there are cheaper options available.

Pros

  • Direct link to HSBC transaction account. This direct link to the share trading service allows customers to have a clear overview of their financial position.
  • Live data for gold and platinum members.
  • Access to educational videos and stock market research through HSBC.
  • Access to trading tools for creating ideas, plus live news, announcements and quotas for your portfolio.

Cons

  • Basic Australian equity offerings. At this point, the platform doesn't offer international stocks, CFDs or a linked margin-loan facility.
  • No frequent trader discount. With no frequent trader discount, active traders end up paying the full price for every trade they initiate on the HSBC platform.

In this guide

  • Our verdict
  • Details
    • Platform details
  • Frequently asked questions
  • Your reviews
  • Ask a question

Founded in 1865, HSBC was established to finance trade between Asia and the West. It is now one of the world's largest banking organisations. The bank launched the HSBC Online Share Trading service with Bell Direct for Australian customers in 2012 after a 6-year absence in the industry. This service is well-regarded for its cost-effectiveness and seamless technology integrations.

Details

Platform details

Type of broker Online only
ASX products Shares, Exchange traded options, mFunds
Available markets ASX
Standard brokerage fee $19.95
Support Phone, Email, Live chat
More Info

How does HSBC Online Share Trading work?

HSBC Online Share Trading charges as low as for you to start trading. The online trading platform comes with market insights and real-time trade funding direct from your HSBC transaction account.

The platform provides live market charts that enable customers to make better trading decisions. It also offers complimentary access to research and consensus recommendations in a single interface. You can execute trades on your computer or laptop, smartphone or tablet. The Australian News Bites, the Australian Securities Exchange and Bell Potter Securities supply the market analysis and company news on the platform.

What can you trade on the HSBC Online Share Trading platform?

The HSBC share trading platform allows you to trade the following asset classes:

  • ASX shares
  • Exchange-traded funds (ETFs)
  • Managed funds (mFunds)
  • Bonds
  • Options
  • Warrants

However, you will not be able to trade products such as CFDs through the broker.

What are the features of the HSBC Online Share Trading account?

Fees

★★★★★ 3.6/5

Trading tools

★★★★★ 2.4/5

Research and education

★★★★★ 5/5

Available securities

★★★★★ 3/5

Customer support

★★★★★ 3/5

Available countries

★★★★★ 1.5/5

It only offers Australian-listed shares and ETFs.
To learn how our star ratings are calculated, read the methodology here.

Complimentary share trade report

Get help for your end-of-year account-keeping by using the share trade report feature on the HSBC share trading platform. It gives you access to your share account summary, holdings valuation, cash account summary, transaction summary and estimated dividend summary.

Market map

This tool translates market movement into an easy-to-understand chart. It lets you choose between viewing an index, a sector, the whole market or your own portfolio.

Broker research

Most share trading platforms only give you access to their own interpretation of research, but the HSBC platform lets you view broker research from Bell Potter directly. This access is normally only available to full broker service clients.

Advanced charting

While the majority of share trading companies offer charting tools, HSBC has implemented advanced features. You can view ASX-listed securities, a wide variety of sectors and compare stocks and indexes. 32 indicators such as moving averages, relative strength index and Bollinger Bands are available.

Follow what company directors are doing

You can monitor the buying and selling habits of directors in their own companies in real-time. You can follow their movements to see which shares are gaining the most interest among company directors.

See what major shareholders are doing

HSBC allows you to find out who's buying and who's selling large holdings. This can give you an idea of which stocks are on the up and which ones are on their way down. The platform lets you search by date, stock code or all security codes for the current day.

Recommendations

If you would rather follow consensus recommendations from market researchers, the buy/sell recommendation feature might be useful. It lets you see all stock recommendations such as sell, underperforming, hold, buy or strong buy.

What are the different types of HSBC Online Share Trading products?

Silver

The Silver package is a more affordable way to get into online share trading. There's no ongoing monthly cost to get this service. The downside is that the ASX quotes, market depth and watch screens that you see are delayed by 20 minutes. The charting on your screen is also static. This package is ideal if you simply want to place a trade for investment.

Gold

The Gold package offers a more up-to-date experience compared to the Silver package. It comes with live ASX quotes, market depth, watch screens and charting. It could be a good package for frequent traders who want to see the performance of the market and their portfolio live. The fee for this service is $10 a month.

WebIRESS

The WebIRESS service is fully integrated into your HSBC Online Share Trading account for seamless transactions. If you take advantage of this package, you also get access to complimentary Gold access. All ASX quotes, market depth, news and announcements and watch screens are live and dynamic. The fee for this service is $79 a month.

Frequently asked questions

This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades. Read the Product Disclosure Statement (PDS) and Target Market Determination (TMD) for the product on the provider's website.

Your reviews

No reviews yet. Write a review

Ask a question

Ask a question
Avatar

Staff Finder

Writer

Hi there, looking for more information? Ask us a question.

Error label

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked
Accept and continue

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.

Go to site