You may have tried other brokers who claim “$0 commission” but conceal a lot of different hidden fees, which can easily confuse you and complicate your trading journey, for example:

These misleading “commission-free” offers that can end up costing you more in the long run. Instead, opt for HSBC Trade25, the smarter choice for value-conscious investors. You can enjoy a lifetime of $0 commission and $0 platform fees on trading US, HK, and China A stocks for just HK$25 a month (you don't even need to pay this fee if no stock trading/holdings during the calendar month). Choose HSBC Trade25 to trade with clarity and transparency!

*$0 commission is applicable to the first cumulative HK$250,000 trading volume per calendar month.
** HK$25 monthly fee (ie monthly custody fee) applies if there is stock trading or holding in the calendar month. This fee will not be charged if there is no stock trading or holding during the calendar month.
The above example is for illustration purposes only.

Open an HSBC investment account first if you haven’t got one, then you can easily opt into Trade25 on our HSBC HK app or our dedicated stock trading app - HSBC HK Easy Invest (Easy Invest App).

• HSBC HK App: download and log in > tap "Wealth" at the top > "Products and services" > "Services" > “Stock trading rewards” > "HSBC Trade25" and follow instructions to opt in.
• HSBC HK Easy Invest App: download and log in > tap the menu icon at the top left corner > choose "Trade25" and follow instructions to opt in.

Once you’ve opted in Trade25, you can enjoy $0 commission stock trading when you place orders on our digital platforms - Easy Invest app, HSBC HK app or HSBC Online Banking.

You can also view your monthly accumulated turnover in the Trade25 section on the HSBC HK App or Easy Invest App. For customers aged 26 or above, you’ll also be able to check your year-to-date number of completed stock transactions to track your progress toward the minimum 25 trades per year requirement to keep your Trade25 membership for the next calendar year. Get started today!

With our dedicated stock trading app “Easy Invest app”, you can explore other awesome features:

You can visit the HSBC Reward+ App website to find out more about how you can use RewardCash and enjoy great deals!

Use your RewardCash your way — redeem vouchers, convert to miles, transfer to participating merchant partners’ loyalty points, and more.

1. Promotional Period: 1 July 2026 to 30 September 2026 (both dates inclusive, and all the dates on these terms and conditions following HK time zone). Please note the Eligible Stock Transaction Period: An Eligible Customer must complete their first Eligible Stock Transaction between 1 July 2026 and 30 September 2026 (dates inclusive), and any subsequent Eligible Stock Transactions may be completed at any time up to and including 31 December 2026. For the avoidance of doubt, to qualify for the Offer, an Eligible Customer must complete the first Eligible Stock Transaction on or before 30 September 2026. If an Eligible Customer’s first Eligible Stock Transaction is completed after 30 September 2026, the customer will not be entitled to any Reward under this Offer.
   
   
2. Aged 26 or above Eligible Customers must maintain Trade25 membership until the Date of Reward Fulfilment, which will be on or before 31 March 2027. Please note that Trade25 customers aged 26 or above must complete a minimum of 25 executed stock transactions in their Eligible Investment Account(s) every calendar year since joining Trade25 (including the year of joining Trade25) to maintain Trade25 membership for the following calendar year. For the avoidance of doubt, an Eligible Customer who is aged 26 or above as at 1 January 2026 must complete 25 stock transactions during 2026 to maintain Trade25 membership for 2027 and, in turn, qualify to receive the Offer Reward on the Date of Reward Fulfilment in 2027. Please visit HSBC website > “Investing” > “HSBC Trade25” > “HSBC Trade25 Conditions” for details.
   
   
3. Each Eligible Stock Transaction must be completed in different calendar weeks. That means multiple stock transactions completed within the same calendar week will only be counted as one Eligible Stock Transaction.
   
   
4. Only buy transactions will be counted as Eligible Stock Transactions, i.e. sell transactions are excluded.
   
   
5. Each Eligible Stock Transaction must have a minimum transaction amount of HKD100 (calculated as the executed price multiplied by the number of shares/units traded, excluding fees and charges if any), or HKD100 equivalent for non-HKD denominated stocks based on the prevailing exchange rate at the time of execution.
   
   
6. Eligible Customers are required to maintain a minimum Total Relationship Balance of HKD10,000 starting from the day on which the first Eligible Stock Transaction(s) is made until the Date of Reward Fulfilment in March 2027. For further details, please refer to the promotional terms and conditions.
   
   
7. For details of the terms and conditions of the “Trade25 $800 RewardCash Offer”, please visit here.

• 2026 Trade25 $200 RewardCash Offer for HSBC One+ ⁷ (for customers aged 18-35)
  On top of the Trade25 $800 RewardCash Offer, HSBC One+ members can elevate rewards with an extra $200 RewardCash by making 2 more Eligible Stock Transactions in 2 different calendar weeks! Explore this exclusive offer now! Click here for details.
  
  
• HSBC One+ Wealth Management Privileges: Access to Trade25 Offer for Customers Aged 36 or above
  HSBC One+ member aged 36 or above can now join Trade25! Click here for details.

Remarks:

1. HSBC Trade25 is designed especially for the next generation of stock traders aged 18 to 25. Customers aged 26 to 35 can also join HSBC Trade25 now. For details of the terms and conditions of the age extension offer, please visit the HSBC HK website > Investing > HSBC Trade25 > Extending Eligible Age of Joining HSBC Trade25 (for customers aged 26-35).
2. The lifetime $0 commission offer is applicable to HSBC Trade25 customers who are aged 26 or above and have completed 25 or more stock transactions in every calendar year since joining HSBC Trade25 (including the calendar year they joined HSBC Trade25). $0 commission is applicable to the first cumulative HKD250,000 trading volume per calendar month. The HKD25 monthly fee will only be collected for each customer account that has a securities transaction or holding during the calendar month. Terms and conditions apply. For details, please visit the HSBC HK website > Investing > HSBC Trade25 > HSBC Trade25 conditions.
3. This is an approximate fee equivalent in HKD.
4. The top 5% of HSBC traders refer to HSBC’s top 5% performing Personal Banking traders. They are active stock traders with the top 5% performance in their stock portfolio over the past 6 months.
5. Free bid-ask queue monthly quota is 1,000 quotes for HSBC Premier Elite and Premier customers; 500 quotes for HSBC One and other customers. Thereafter charge HK$0.1 per quote. All unused quotes will be carried forward up to a maximum of 99,999 quotes with no expiry date.
6. The HSBC Trade25 $800 RewardCash Offer is applicable to customers aged 18 to 35. Eligible customers have to complete their first Eligible Stock Transaction by 30 September 2026 to qualify for the offer. Customers aged 26 and above must complete 25 stock transactions by the end of the year to maintain their Trade25 membership for the following year and remain eligible for the offer. Terms and conditions apply. For details, please visit the HSBC HK website > Investing > HSBC Trade25 > HSBC Trade25 $800 RewardCash Offer (for customers aged 18-35).
7. The HSBC Trade25 $200 RewardCash offer is applicable to HSBC One+ members who are aged 18 to 35. Terms and conditions apply. For details, please visit the HSBC HK website > Investing > HSBC Trade25 > HSBC Trade25 $200 RewardCash Offer for HSBC One+ (for customers aged 18-35).

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Important Information:

The HSBC HK Easy Invest app (“Easy Invest”) and the contents of this material are provided by The Hongkong and Shanghai Banking Corporation Limited (“Bank” or “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 authorised to provide Easy Invest and/or any of the Services.