Forex Brokers in Hong Kong

Hong Kong is one of the biggest and the major strongholds of investments and financial centers of Asia, which holds an important and truly necessary role in the Forex industry and the economy itself too.

For the last years, the region has seen a significant increase in brokers’ representative offices that establish HK branches. That happened due to Hong Kong status of a liberal offshore center along with its increasing Asia operations that in reverse attracts many Forex companies and foreign investment firms.

Yet, the majority of the global companies opening their offices in HK with the goal to cover the important financial area while headquarters based elsewhere.

Forex Regulation in Hong Kong

Yes, Forex is a regulated activity in Hong Kong, while Forex brokers should obtain a necessary license before it starts operation.

The responsible body for Forex trading regulation and licensing of Hong Kong Forex Brokers was another important step towards industry growth and is provided by the Hong Kong Securities and Futures Commission (SFC), also supervised by the Monetary Authority of Hong Kong.

SFC Website: www.sfc.hk , also you can see the official Facebook page to get the most recent updates @sfchkofficial

In fact, the SFC is among the strictest world authorities, which requires a quite high maintain performance, as well as apply sharp control and protection systems that ensure business conduction within the framework. These also covering education, protective controls and an established compensation fund that covers up to 150,000$ per investor in case of the Broker’s insolvency. Read more about SFC via Wikipedia

However, there are vast of unscrupulous Brokers that target local residence and further while false its legitimate status of HK authorized firm, therefore traders should always check on the official SFC source to verify any claims.

Hong Kong SFC website

Best Forex Brokers in Hong Kong

Of course for safety reasons we would recommend choosing only among SFC regulated brokers in order to get extra layer of protection. While below you will find a listing of the Best Reviewed Brokers selected under the specified criteria and Trust Scores.

  • FXTM – Best Overall Broker in Hong Kong 2020
  • LMAX – Lowest Spread Broker in Hong Kong 2020
  • FXCM – Best MT4 Broker in Hong Kong 2020
  • Saxo Bank– Best Broker for Beginners in Hong Kong 2020
  • Rakuten– Best for Scalping and EA Trading 2020

Hong Kong Forex Brokers List

These are the regulated brokers that accept clients from Hong Kong:

Broker Detail
ForexTime FXTM review FXTM
Min. Deposit: US$200
Max. Leverage: 1:30 | 1:200
Trading Platforms: MT4, MT5, FTXM Trader
Regulation: CySEC,FCA, FSCA
1
FXTM Review
BlackBull Markets logo BlackBull Markets
Min. Deposit: 200 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5
Regulation: FMA, FSA
2
BlackBull Markets Review
FP Markets
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: IRESS, MT4, MT5
Regulation: ASIC, CySEC
3
FP Markets Review
Pepperstone review Pepperstone
Min. Deposit: 200 US$
Max. Leverage: 1:30
Trading Platforms: MT4, MT5, cTrader
Regulation: ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN
4
Pepperstone Review
BDSwiss Review BDSwiss
Min. Deposit: 100 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, BDSwiss Webtrader and Mobile App
Regulation: ESMA, CySEC, FSC, NFA, FSA
5
BDSwiss Review
Axiory logo Axiory
Min. Deposit: 10 US$
Max. Leverage: 1:777
Trading Platforms: MT4, MT5, cTrader
Regulation: IFSC
Axiory Review
HotForex Review HotForex
Min. Deposit: 5 US$
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, MT5
Regulation: CySEC, FCA, DFSA, FSCA
HotForex Review
Eightcap
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: MT4, MT5
Regulation: ASIC
Eightcap Review
xm.com_review XM
Min. Deposit: US$5
Max. Leverage: 1:30 to 1:888
Trading Platforms: MT4, MT5, XM WebTrader
Regulation: CySEC, ASIC, IFSC
XM Review
GO Markets
Min. Deposit: 200 US$
Max. Leverage: 1:30
Trading Platforms: MT4, MT5, WebTrader
Regulation: ASIC, CySEC
GO Markets Review