Head-to-head

HSBC (Global Banking & Markets) vs Mizuho (Global Markets)

A direct, side-by-side comparison of HSBC (Global Banking & Markets) and Mizuho (Global Markets) — profit splits, evaluation fees, payout cadence, supported assets, and trading rules. Data pulled live from our firm directory.

Quick verdict

Mizuho (Global Markets) is best for

traders who prefer Bank or Institutional Prop Desk and a Tokyo, Japan-based firm.

Full Mizuho (Global Markets) profile →

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Cost & compensation

Cost and compensation path

Published fees and payout timing apply to trader-paid funding programs. Firm-capital and institutional paths are shown separately because their economics usually depend on hiring, allocation, salary, bonus, or profit-sharing terms.

HSBC (Global Banking & Markets)

Bank / Institutional

Not applicable for this model

This is a firm-capital or hiring-based trading path, not a trader-paid funding program. Compensation is typically handled through salary, bonus, draw, allocation, or profit-sharing arrangements rather than a published evaluation fee and payout schedule.

Mizuho (Global Markets)

Bank / Institutional

Not applicable for this model

This is a firm-capital or hiring-based trading path, not a trader-paid funding program. Compensation is typically handled through salary, bonus, draw, allocation, or profit-sharing arrangements rather than a published evaluation fee and payout schedule.

Decision guide

Best for your trader type

AttributeHSBC (Global Banking & Markets)

Bank / Institutional · est. 1865

Mizuho (Global Markets)

Bank / Institutional · est. 2000

Cost
Evaluation fee
Monthly fee
Evaluation requiredNoNo
Instant fundingNoNo
Capital
Profit splitBonus-based compensation
Max allocationEmployee firm — institutional deskFirm Capital
Account sizesEmployee firm — institutional deskFirm Capital
Scaling
Payouts
FrequencyN/AAnnual Bonus
First payout
Assets
FuturesYesYes
StocksYesYes
OptionsYesYes
ForexYesYes
CryptoNoNo
Trading rules
News tradingYes
Overnight holdingYesYes
Weekend holdingYesYes
Copy tradingNoNo
Technology
PlatformsProprietary OMS/EMSInternal
Data feed
Company
HeadquartersLondon, UKTokyo, Japan

About HSBC (Global Banking & Markets)

Global investment banking arm of HSBC providing market-making, sales and trading across asset classes.

Full HSBC (Global Banking & Markets) profile →

About Mizuho (Global Markets)

Mizuho's global markets division trades rates, FX, credit and equity derivatives for institutional clients.

Full Mizuho (Global Markets) profile →

Trust & stability

Reputation and rule-change activity

Two added decision signals: a weighted reputation score from independent review sources, and a 90-day view of structural rule-change activity where monitored sources are available.

Reputation

canonical
1.3/ 5
Sources used
1
Confidence
low

Weighted blend of independent trader-review sources. See methodology.

Rule Stability

last 90d
Unavailable

We do not currently have enough monitored public rule sources for this firm to report rule-change activity honestly.

Reputation

canonical score

Not enough independent rating sources to compute a canonical score yet.

Rule Stability

last 90d
Unavailable

We do not currently have enough monitored public rule sources for this firm to report rule-change activity honestly.

Frequently asked

Common questions

Is HSBC (Global Banking & Markets) cheaper to start than Mizuho (Global Markets)?
HSBC (Global Banking & Markets): evaluation pricing varies. Mizuho (Global Markets): evaluation from —.
Which pays out faster — HSBC (Global Banking & Markets) or Mizuho (Global Markets)?
HSBC (Global Banking & Markets) payouts: N/A. Mizuho (Global Markets) payouts: Annual Bonus. First-payout eligibility: HSBC (Global Banking & Markets) — n/a; Mizuho (Global Markets) — —.
Can I trade news at HSBC (Global Banking & Markets) or Mizuho (Global Markets)?
HSBC (Global Banking & Markets): permits news trading. Mizuho (Global Markets): policy unconfirmed.
Can I hold positions overnight at HSBC (Global Banking & Markets) or Mizuho (Global Markets)?
HSBC (Global Banking & Markets): allows overnight holds. Mizuho (Global Markets): allows overnight holds.

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