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In my experience as a trader exploring HSBC's offerings, I found their account model to be quite different from many traditional online brokers. HSBC provides an all-in-one integrated banking and investment account rather than a segregated, specifically forex-focused trading account. Their platform is designed for access to a range of financial products—like shares, trusts, bonds, and structured products—rather than spot forex trading. Because of this integrated service model, HSBC does not advertise a clear-cut minimum deposit requirement for simply opening an account for trading, which is common with specialist brokers. Instead, eligibility and funding expectations may depend on the type of banking relationship or investment service you choose. For instance, services like HSBC Premier or HSBC One may have relationship balance requirements, but these are tied to the overall banking package, not strictly the trading function. Practically, for me, starting with HSBC would mean discussing account types directly with their staff to clarify eligibility, minimum funding, and ongoing fees. My cautious advice is not to assume very low entry barriers or the same flexibility found with pure online trading brokers. For serious trading, particularly if you are new or have limited capital, it's critical to confirm all account and service requirements with HSBC directly and ensure they align with your needs and risk profile.