Best Brokers in Hong Kong

The Ultimate Guide to

Choosing a Broker
For Hong Kong

Not sure which broker is right for you?

Don’t worry - we’ve got you covered. In this guide, you’ll learn:

• Why scored high for hong kong (Jump to section)
• Who is (and isn’t) suitable for (Jump to section)
• An in-depth feature comparison of the top #3 brokers (Jump to section)
• An overview on hong kong (Jump to section)

Ready?

Part 1

Why Choose
For Hong Kong?

scored best in our review of the top brokers for hong kong, which takes into account 120+ factors across eight categories. Here are some areas where scored highly in:

offers one way to trade. If you wanted to trade EURUSD

The two most important categories in our rating system are the cost of trading and the broker’s trust score. To calculate a broker’s trust score, we take into account a range of factors, including their regulation history, years in business, liquidity provider etc.

have a trust score, which is . This is largely down to them being regulated by , segregating client funds, being segregating client funds, being established for over

Trust Score comparsion

The second thing we look for is the competitiveness of the spreads, and what fees they charge. We’ve compared these in detail in part three of this guide.

Part 2

Who is (& Isn’t)
Suitable For

As mentioned, allows you to trade in one way: .

To trade with , you’ll need a minimum deposit of $. offers a range of different account types for different traders including a , .

Finally, isn’t available in the following countries: . They do not offer islamic accounts .

Part 3

A Comparison of vs. vs.

Want to see how stacks up against and ? We’ve compared their spreads, features, and key information below.

Spread & fee comparsion

Comparison of account & trading features

Part 4

AvaTrade

www.avatrade.cn & www.avatrade.com

AvaTrade are amongst the top financial brokers for traders in Hong Kong. They are a multinational company with offices around the world. AvaTrade are internationally regulated by the BVI Financial Services Commission, through their holding company which is registered in the British Virgin Islands. The company’s website is available in more than 15 different languages, including the two official languages spoken in Hong Kong – English and Chinese. AvaTrade’s platform offers clients access to a wide range of financial instruments including stocks, bonds, Forex, indices, commodities, and cryptocurrency. The website offers a wealth of free educational resources for traders. These resources include educational videos, webinars, eBooks, articles and market indicators. The website also hosts a dedicated learning platform, known as SharpTrader, for its customers. AvaTrade accounts can be accessed on multiple devices including desktop computers, tablets, and mobiles; offering great convenience to customers. Traders can also benefit from a free 21-day demo account in order to sharpen their trading skills and to get familiar with their chosen platform. Wire transfer and credit/debit card are the two main deposit and withdrawal methods accepted by AvaTrade. Clients from Hong Kong can also use various e-wallets to transfer funds.

Plus500

www.plus500.com/zh/

Plus500 customers based in Hong Kong have access to a traditional Chinese version of the website, and are able to select this as the primary language when they are within the trading platform. There is also an English version of the Plus500 website, and multiple other languages. Although Plus500 are headquartered in the UK, their services are available all over the world through their easy to use, online platform. The trading platform offered by Plus500 is user-friendly and intuitive. Clients can easily search for the financial instruments they wish to trade, and can either go long or short with a contract for difference (CFD) product. There are advanced features included within the platform, including the ability to set stop loss, trailing stops, and take profit limits. In addition, clients can set notifications when markets reach a particular level, allowing them to keep track of market movements. The platform is also available for mobile devices, with no loss of functionality. This also allows traders to keep track of and manage their account when they are on the go. Plus500 are governed by several financial services supervisory authorities from around the world, including the Financial Conduct Authority (FCA) in the UK, CySEC in several other European countries, and the Australian Securities and Investments Commission (ASIC) in Australia. As such, they adhere to client money rules, ensuring that clients’ assets are kept separate from their own, along with other regulations that are designed to protect the customer.

XTB

www.xtb.com/int

XTB are best known for their multiple-award winning technology. They have created their own proprietary trading platform which boasts ultra-fast execution speeds, of just 85 milliseconds per trade on average; a user-friendly and intuitive interface; advanced trading calculator, which allows clients to project the potential outcome of their trade after applying particular stop loss and limit orders; advanced technical analysis, with indicators such as Moving Averages and Fibonacci Retracement; bulk order processing; and much more. The trading application is not only available for desktop computers, but can also be downloaded for mobile devices, including smartwatches, so traders can continue to manage their accounts wherever they are. XTB’s trading platform allows clients to access a wide range of markets, including more than 50 popular Forex pairs, contracts for difference (CFDs) speculating on the world’s most followed financial benchmarks, and CFDs on commodities such as gold, oil and natural gas. Cryptocurrency CFDs and equity CFDs are also available on the platform. CFDs allow customers to take out a position on a certain underlying market without being obliged to take ownership or delivery of it. They are therefore very useful to traders from around the world, as they are convenient and can all be managed through the XTB platforms. They also allow traders to take short positions when they believe markets will move down. XTB are suitable for traders from Hong Kong as they provide different language versions of their website, including English and Chinese which are both official languages spoken in Hong Kong. They also have regional offices around the world, including in the UK and throughout Europe, and in Chile and throughout South America. As such, the group are subject to stringent regulatory regimes imposed by some of the world’s most trusted financial supervisory authorities. This includes the Financial Conduct Authority in the UK, and the International Financial Services Commission in Belize. Clients from Hong Kong can trial the software with a risk-free demo trading account. This is available for 4 weeks and comes with £100k worth of virtual funds. Standard and Pro accounts are available for international customers, both of which allow access to the XTB xStation4 trading platform, or the industry-wide MT4 platform.