Forex Brokers in Hong Kong

Richard Montana | November 23, 2022

Hong Kong is one of the three major financial centres of Asia. Forex trading in Hong Kong is regulated by the Hong Kong Securities and Futures Commission (HKSFC). The SFC licences brokers, enforces regulations, supervises the actions of market operators, and fulfils other educational and oversight-related responsibilities delegated to it by law. Forex traders in Hong Kong can choose to use SFC regulated brokers or forex brokers that are regulated in other jurisdictions that are able to provide financial products and services to Hong Kong traders and investors.

Best forex brokers Hong Kong

To find the best forex brokers in Hong Kong, we created a list of all the regulated forex brokers that accept Hong Kong traders, then ranked them based on our overall rating. You can see the list of our top forex brokers for Hong Kong below.

Broker
Rating
Regulated
Min. Deposit
Founded
Max. Leverage
1.

ASIC, CIMA, CFTC, FCA, FSA, IIROC, JFSA, NFA, SFC

$100

2001

1:50

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
2.

ASIC, CFTC, FCA, IIROC, NFA, SFC

$1

1978

1:200

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
3.

FINRA, SEC, SFC

$0

1975

N/A

All investments involve risk, including loss of principal. Past performance does not guarantee future results.
4.

DFSA, FCA, FINMA, MFSA, SFC

$1,000

1996

1:100

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
5.

ASIC, FCA, FINMA, JFSA, MAS, SFC

$500

1992

1:66

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

SFC forex brokers in Hong Kong

In Hong Kong, you can carry out leveraged forex trading through a corporation licensed with the SFC for carrying out such regulated activity or a bank. Although licensed corporations are subject to the SFC’s licensing and regulatory requirements, banks’ leveraged forex business is exempt from registration with the SFC, and is not supervised by the SFC.

The Securities and Futures Commission of Hong Kong is the independent statutory body charged with regulating the securities and futures markets in Hong Kong.

Forex brokers in Hong Kong are regulated by the Hong Kong Securities and Futures Commission (HKSFC). This regulator is considered to be very strict which means they can offer strong protection to forex traders and investors in Hong Kong.

The HKSFC has high minimum capital requirements and a complex licensing procedure that forex brokers have to go through. Therefore, forex brokers who are regulated in Hong Kong are generally large and well-capitalized companies that can be trusted by traders.

The Securities and Futures Commission (SFC) is an independent statutory body responsible for regulating the market, safeguarding market integrity, and enforcing securities and futures market legislation. Parties regulated by the SFC include Hong Kong Exchanges and Clearing Limited (HKEX) and its subsidiaries, financial market and investors.

Hong Kong Exchanges and Clearing (HKEX)

HKEX is the operator of Hong Kong’s central securities and derivatives marketplace and the front-line regulator of listed issuers. In this role, HKEX regulates listed issuers; administers listing, trading and clearing rules; and provides services at the wholesale level to customers of the exchanges and clearing houses, including issuers and intermediaries who service investors directly, such as forex brokers.

Hong Kong Exchanges and Clearing Limited operates a range of equity, commodity, fixed income and currency markets through its wholly owned subsidiaries The Stock Exchange of Hong Kong Limited, Hong Kong Futures Exchange Limited and London Metal Exchange.

How to verify SFC regulated brokers in Hong Kong

Forex trading is a significantly attractive investment opportunity among the wealthy residents of Hong Kong. Most local forex brokers in Hong Kong are regulated by the Hong Kong Securities and Futures Commission (HKSFC), which also takes care of regulating and supervising overseas FX brokers that wish to set up their brokerage in the country.

You can find the brokers regulation number from the disclosure text at the bottom of their homepage. You can then look up the registration number by using the lcensee search on the SFC website to confirm if the forex broker is regulated in Hong Kong.

About the Author

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Richard Montana
Richard has many years of experience in broker research, testing, analysis and reviews. He knows what to look for through years of trading himself with different brokers and listening to the feedback of others.

Review Methodology

For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. You can read more about our review process.


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