Research profile
HSBC (Global Banking & Markets)
Global investment banking arm of HSBC providing market-making, sales and trading across asset classes.
- Headquarters
- London, UK
- Founded
- 1865
- Funding model
- Bank / Institutional
- Availability
- Not clearly stated
U.S. traders: Not confirmed — ProprietaryTrading.com could not verify from current first-party sources whether this firm accepts U.S. traders.
Profile updated: August 29, 2026 · Primary source types reviewed: firm rules, FAQ and program pages · Research & methodology
May suit
traders focused on futures, equities, options, forex.
Consider alternatives if
you rely on copy trading.
Trader rating
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Overview
What this firm is and who it serves
HSBC Global Banking & Markets runs large FX, rates, credit and equities trading operations globally, especially strong in Asia and emerging-markets FX. Post-Volcker prop is principally market-making and client facilitation.
"Connect clients to global markets across rates, FX, equities and credit."
At a glance
Structured facts about this firm
- Firm Type
- Bank / Institutional prop firm
- Market Focus
- Futures, Stocks, Options, Forex
- Trading Style
- News trading permitted, overnight holding allowed, weekend holding allowed
- Retail Accessibility
- Open to retail traders
- Based in
- London, UK
- Trader availability
- Not clearly stated
- Known For
- Global footprint
- CEO
- Greg Guyett (CEO, Global Banking & Markets)
- Team size
- 220, 000+ (group); markets division several thousand
Funding programs
Account types and the path to capital
Evaluation
—Not required by this firm.
Instant funding
—Not offered by this firm.
Scaling plan
—No formal scaling plan documented.
Standard bank compensation structures (base + bonus).
Trading rules
What's allowed, what isn't
Asset classes supported
Related terms: trailing drawdown · consistency rule · profit split
Platforms & technology
Where and how you trade
Supported platforms
Payout structure
How and when you get paid
Pros & cons
A balanced view based on documented terms
Strengths
- +Leading EM/FX franchise
- +Stable employer
- +Global mobility
Trade-offs
- −Heavy regulation
- −Client-facing rather than pure prop
- −Selective graduate hiring
HSBC (Global Banking & Markets) FAQs
Based on terms reviewed August 29, 2026
What should traders verify before choosing HSBC (Global Banking & Markets)?+
Review the specific program's drawdown rules, payout eligibility, prohibited strategies, platform availability, refund terms and any country restrictions before purchasing. Terms can differ between programs at the same firm. This profile summarizes the latest documented terms we found, but traders should confirm the current rules directly with HSBC (Global Banking & Markets) before purchasing.
Does HSBC (Global Banking & Markets) offer evaluation and instant-funding options?+
HSBC (Global Banking & Markets) does not require a traditional evaluation phase. Program rules, fees and payout terms can differ between paths, so confirm the terms of the specific program you intend to buy.
How do HSBC (Global Banking & Markets)'s payouts and profit split work?+
The published profit split is up to bonus-based compensation of net profits to the trader, depending on the program; payouts are processed on a n/a basis. Payout eligibility begins after the applicable program cycle, and program-specific terms should be confirmed directly with the firm.
What are HSBC (Global Banking & Markets)'s main drawdown and trading restrictions?+
Based on the documented terms we reviewed: news trading is allowed, overnight holding is allowed, weekend holding is allowed, copy trading is not permitted. Drawdown type and consistency requirements can vary by program, so check the rulebook for the exact program before purchase.
Which platforms and markets are available at HSBC (Global Banking & Markets)?+
Platforms: Proprietary OMS/EMS. Markets: futures, equities, options, forex. Availability can differ by program and by region — confirm on the firm's platform and product pages before purchasing.
Disclosure
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