Forex Brokers in Hong Kong

Hong Kong is one of 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.

Forex Trading Platform in Hong Kong

In Hong Kong, forex trading is a legal and regulated. As such, choosing the right broker with an appropriate trading platform that caters to your needs can be essential for successful and profitable trades. Ensure you select one who is reputable and reliable in order to guarantee optimal results, also see our finds below:

  • For the last few years, the region has seen a significant increase in brokers’ representative offices that establish HK branches. That happened due to Hong Kong’s status as a liberal offshore center along with its increasing Asia operations that in reverse attract many Forex companies and foreign investment firms.
  • Yet, the majority of global companies opening their offices in HK with the goal to cover the important financial area while headquarters are based elsewhere.
  • In order to operate in Hong Kong brokers have to be authorized by the Hong Kong Securities and Futures Commission (SFC), also supervised by the Monetary Authority of Hong Kong.
Hong Kong Trading ProsHong Kong Trading Cons
Highly regulatedMany offshore and scam brokers attract Hong Kong residents
Good Client ProtectionNot many SFC regulated brokers
Stringent Compliance
Opportunity to use different trading strategies
No restrictions on instruments

Hong Kong Forex Regulation

Forex is a regulated activity in Hong Kong, while Top 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 is provided by the Hong Kong Securities and Futures Commission (SFC), also supervised by the Monetary Authority of Hong Kong.

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

  • SFC is among the strictest world authorities, which requires quite high capital, and applies sharp control and protection systems that ensure business conduct within the framework. These also cover 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 a vast of unscrupulous Brokers that target local residents and further false the legitimate status of HK-authorized firms, therefore traders should always check on the official SFC source to verify any claims.

Hong Kong SFC website

Top 5 Best Forex Broker Hong Kong

Below we compiled a list of the Best Reviewed Brokers in Hong Kong, also created according to the specified criteria and its Trust Scores. Even though, there aren’t many Hong-Kong-based brokers due to regulation mostly many international brokers can accept Traders from Hong Kong.

  • HFM – Best for Scalping and EA Trading 2024
  • BlackBull Markets – Lowest Spread Broker in Hong Kong 2024
  • FP Markets – Best MT4 Broker in Hong Kong 2024
  • Eightcap – Best Broker for Beginners in Hong Kong 2024
  • BDSwiss – Best Overall Broker in Hong Kong 2024

How to start Forex Trading in Hong Kong?

First traders should select a broker in order to engage in trading, it is best to choose only among reliable firms, also suitable for beginners since they provide education and support materials.

Forex Brokers in Hong Kong List

These are the Regulated brokers that either serve Hong Kong branches or accept clients from Hong Kong:

Broker Detail
FxOro Review Logo FxOro
Min. Deposit: $100
Max. Leverage: 1:30 | 1:400
Trading Platforms: MT4, Mobile Apps
Regulation: CySEC, FSA
FxOro Review
StarTrader Review Logo StarTrader
Min. Deposit: $50
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4, MT5, Web Trader
Regulation: SVG FSA, FSA
StarTrader Review
Vantage FX Review Vantage Markets
Min. Deposit: $50
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, Protrader, WebTrader, Vantage app, Copy trading platforms
Regulation: FSCA, VFSC, ASIC, FCA
Vantage Markets Review
Orbex
Min. Deposit: US$100
Max. Leverage: 1:500
Trading Platforms: MT4
Regulation: MFSC
Orbex Review
AMP Global Review Logo AMP Global
Min. Deposit: $100
Max. Leverage: 1:30 | 1:100
Trading Platforms: MT5
Regulation: CySEC, NFA, CFTC
AMP Global Review
Degiro Review Logo Degiro
Min. Deposit: $0
Max. Leverage: Margin Trading
Trading Platforms: Degiro Proprietary Trading Platform, Mobile App
Regulation: BaFin, AFM, DNB
Degiro Review
Doo Prime Review Logo Doo Prime
Min. Deposit: $100
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, MT5, Doo Prime InTrade, TradingView, FIX API 4.4
Regulation: FSC, SEC, FINRA, FCA, ASIC, FSA
Doo Prime Review
Public Review Logo Public
Min. Deposit: $0
Max. Leverage: Not Offering
Trading Platforms: Public Mobile Apps
Regulation: SEC, FINRA, SIPC, FCA
Public Review
FBK Markets Review Logo FBK Markets
Min. Deposit: R20/ $1,06
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, Mobile Apps
Regulation: FSCA
FBK Markets Review
Charles Schwab Review Logo Charles Schwab
Min. Deposit: $0
Max. Leverage: Margin Trading
Trading Platforms: StreetSmart Edge®, Web Trader, Mobile App
Regulation: SEC, SIPC, FCA, SFC, MAS
Charles Schwab Review