HSBC

HSBC Information

HSBC (HSBC) is a well-known financial institution registered in Hong Kong, regulated by the Securities and Futures Commission (SFC) of Hong Kong and the Labuan Financial Services Authority (LFSA) of Malaysia, among others. It offers a comprehensive range of financial services, including banking, investment, lending, credit cards, wealth management, and insurance. In addition, HSBC is committed to supporting environmental, social and governance (ESG) and sustainable investments, providing customers with a wide range of investment options and convenient mobility solutions.

Pros and Cons

Is HSBC Legit?

HSBC is regulated in a number of countries and regions, including Hong Kong, the Labuan region of Malaysia, and Australia.

In Hong Kong, HSBC holds an AAA523 license for trading futures contracts, which is regulated by the Hong Kong Securities and Futures Commission (SFC).

In Labuan, HSBC is regulated by the Labuan Financial Services Authority (LFSA) as a Market Maker (MM), but the license number is not disclosed.

However, the license regulated by the Australian Securities and Investments Commission (ASIC) is unverified.

Regulated Country	Regulated Authority	Regulatory Status	Regulated Entity	License Type	License Number
	Securities and Futures Commission of Hong Kong (SFC)	Regulated	Hongkong and Shanghai Banking Corporation Limited	Dealing in futures contracts	AAA523
	Labuan Financial Services Authority (LFSA)	Regulated	Hongkong and Shanghai Banking Corporation Limited	Market Maker (MM)	Unreleased
	Australia Securities & Investment Commission (ASIC)	Unverified	HSBC BANK AUSTRALIA LIMITED	Market Maker (MM)	232595

What Can I Trade on HSBC?

HSBC offers a full range of trading products, including shares, trusts, bonds/certificates of deposit (CDs), structured products, warrants & CBBCs, IPOs, gold, ESG and sustainable investing, etc.

Account Type

HSBC offers an all-in-one account. All-in-one integrated bank account for deposits, credit cards, investments, insurance, and more.

HSBC Fees

Commission: Commission-free, HSBC will not charge commission to the client.

HSBC offers a wide range of financial services across a wide range of sectors, including credit cards, loans, excessive overdrafts, investments, and life insurance.

For more information, please click: https://www.hsbc.com.hk/fees/

Trading Platform

Deposit and Withdrawal

HSBC offers fast transfers via the Faster Payment System (FPS). In addition, users can scan a QR code to send or receive money via the HSBC HK Mobile Banking app, or for local transfers in USD and EUR, real-time full settlement (RTGS) via account number.