Online Share Dealing: investment, trade, stocks

Sharedealing

Sharedealing

Sharedealing

Sharedealing with HSBC InvestDirect International is a convenient, cost effective and secure way of buying and selling shares online.

Sharedealing is provided by HSBC UK Bank plc, and is available in 37 countries, to trade in sterling, US dollars and euro.

  • Buy and sell shares listed on the UK and US stock markets, along with most UK listed Exchange Traded Funds (ETF's)
  • Price alerts, market news and research tools to help you decide how and when to trade
  • An initial trading limit of £10,000 or currency equivalent - so you can react quickly to new investment opportunities
  • No setup charge or annual management fees
  • We don't charge you to transfer any shares held by your broker to your HSBC InvestDirect International account
  • It's more competitive than using a full brokerage service

More details

This sharedealing service is based in the UK and is provided by HSBC InvestDirect International, part of HSBC UK Bank plc - so your portfolio will be subject to UK taxation. The HSBC InvestDirect International sharedealing service is available if you reside in the following countries.

Argentina Austria Bahrain Belgium Bermuda
Brazil Brunei Cayman Islands Channel Islands Chile
Czech Republic Falkland Islands Germany Ghana Greece
India Ireland Isle of Man Israel Italy
Jordan Kuwait Luxembourg Malta Mauritius
Oman Poland Qatar Saudi Arabia South Africa
Spain Sri Lanka Sweden Switzerland Thailand
UAE United Kingdom

Things you should know

You must be 18 years old.

The HSBC InvestDirect International sharedealing service is available if you reside in the one of the eligible countries detailed above.

You'll need a Bank Account with HSBC Expat and an HSBC InvestDirect International account before you can access the service.

You'll need to read and understand the 'Important documents'.

Your HSBC Expat account(s) will be governed by the terms of business of HSBC Bank plc, Jersey Branch. These include Section 3 setting out additional terms which apply to the HSBC InvestDirect International Portfolio, provided by HSBC UK Bank plc and based in the UK. Your HSBC InvestDirect International Portfolio will be governed by the terms and conditions of HSBC InvestDirect International.

You should note that if you incur an informal overdraft on your HSBC Expat account as a result of trading shares, HSBC Expat will have the right, after asking you to correct the position, to instruct HSBC UK Bank plc to sell a sufficient amount of your shares to cover the informal position on your HSBC Expat account and HSBC UK Bank plc will act on that instruction and pass the proceeds of sale of the shares to your account with HSBC Expat. We recommend that you read the Important documents before you apply.

HSBC Expat is a division of HSBC Bank plc, Jersey Branch.

HSBC InvestDirect International is an execution only sharedealing service and doesn't offer sharedealing advice to anyone who uses the service. This service is offered without advice and as such, we are not required to assess the suitability of this service for you. This means that the protection offered by the Financial Conduct Authority rules on assessing suitability will not apply to this transaction.

How to trade

You can trade securely online - and check the value of your share portfolio by logging on to your HSBC InvestDirect International account.

To buy or sell shares online, all you'll need to do is Log on to your HSBC Expat online banking and click on your InvestDirect International account.

Before you can start trading, you'll need:

  • To open an HSBC Expat Bank Account
  • To register for Online banking
  • An HSBC InvestDirect International account, this will be the account you use to settle your trades and where your Stocks and Shares will be held electronically in our nominee company. You'll still remain the beneficial owner of the shares.

Your trading limit lets you buy and sell shares before any money is taken out of (or paid into) your HSBC Expat Bank Account - so you can react quickly to new investment opportunities.

The HSBC InvestDirect International service is available 24 hours a day from Monday to Saturday, and from 6am on Sunday.1

Fees and charges

We don't charge any annual management or inactivity fees.

Charges for deals placed online:

Charges for deals placed by telephone:

Trading taxes and levies

Other charges

How to apply

Before you apply please read and complete the relevant forms detailed below:

Account Opening Guidance Document
IDI Portfolio Form
Nationality Identifier Form
Form A
Form B

If you are having difficulty downloading the forms please call us to request an application form:

HSBC Premier customers call: +44 1534 616 313
HSBC Advance customers call: +44 1534 616 212

New to HSBC Expat? Find out more about our HSBC Expat accounts**
Please have your 10 digit PBN and six digit PIN to hand before you call.

Calls may be monitored and/or recorded for security and service improvement purposes.

**HSBC Expat Advance accounts are not available for new customers.

FAQs

Below is a list of the most frequently asked questions about the HSBC InvestDirect International sharedealing service.

Is HSBC InvestDirect International an offshore service?

What investments can I trade in?

When can I trade/access my HSBC InvestDirect International account?

Are the share prices on the website live?

How do I know when my shares have been sold - and at what price?

What's a trading limit?

How do I apply for a trading limit?

What are my dividend options?

How will my dividends be paid?

Can I transfer shares held by my broker to you?

How often is your online market information updated?

What news can I get through HSBC InvestDirect International?

Will I get a fixed price quote on all my deals?

When I place an order to buy or sell shares, is the price I'm quoted guaranteed?

Are there any charges?

Will using funds from an offshore bank account to settle my HSBC InvestDirect International trades create a UK taxable remittance?

Are UK dividends subject to UK withholding tax?

Can I reclaim tax that has been deducted from my non-UK dividends?

I'm not resident (or ordinarily resident) in the UK. Will I be liable for any UK tax?

Where can I find details of tax credits on my dividends - and tax deducted from my dividends?

I'm resident and ordinarily resident in the UK, but I'm not domiciled in the UK. Can I leave my income offshore?

Is the HSBC InvestDirect International service able to provide me with tax advice?

What dividend income reporting is applicable for people from the US?

What is withholding tax?

What should I do if I change my country of tax residency?

What tax treaties will affect me?

Who is the IRS?

Will details of my income be sent to any tax authorities?

Will HSBC Expat claim the benefit of double tax treaties for me?

Will using funds from an offshore bank account to settle my InvestDirect trades create a UK taxable remittance?

1If you place an order to buy or sell shares when the stock market is closed, your order will be sent to the market the next trading day. There's a risk of higher price volatility if you place an order when the market is closed, or near to its closing or opening time - so you should consider entering a price limit.

The value of investments (and any income received from them) can fall as well as rise and you may not get back the amount invested. For some investments this can also happen as a result of exchange rate fluctuations as shares and funds may have an exposure to overseas markets. We always recommend that any Investments held should be viewed as a medium to long-term investment, at least five years.

Your liability to tax will depend on the rules in your country of residence and your individual circumstances. Tax rules may change in the future.

If you are UK resident and non domiciled for UK tax purposes, using money from your settlement account (or any money held offshore) to settle trades via InvestDirect may create a UK taxable remittance. If you are unsure if this service is right for you we recommend that you seek independent tax advice.

HSBC InvestDirect International sharedealing service allows individuals to purchase and sell shares electronically. In order for us to provide you with this service, your shares will be held on your behalf in the name of our nominee company which means that your name will not be on the company's register of shareholders. As you will not be registered with the company's Registrar, you will not receive any correspondence or shareholder benefits from the company in which you hold shares. However we will use reasonable endeavours to inform you of any corporate actions, for example, rights issues, where we receive due notification from the company. Instructions for which can be given online, by letter or by telephone. For further information regarding how your shares are held with our nominee please refer to the HSBC InvestDirect International Terms and Conditions and our important information section.

Apply for this service

How to apply

New to HSBC Expat?

Apply for a HSBC Expat Bank Account first.

Apply online