Hey all
Just wanted how to accurately calculate the fee that HSBC is charging. I cant seem to get my excel spreadsheet to mirror my HSBC invest application. I am currently trading Hong Kong stock.
Their website states that they charge a "brokerage fee of 0.25% of transaction amount" for local stocks. As simple as it sounded, by simply adding 0.25% to the transaction amount did not work.
Can anyone enlighten me on how this works?
Thank you