Asia-Pacific desk · 2026 edition
Best SFC-regulated forex brokers in Hong Kong (2026)
Retail forex providers licensed by the Hong Kong Securities and Futures Commission to conduct Type 3 (Leveraged Foreign Exchange Trading) regulated activity. Each entry links directly to the SFC Public Register search so the licence can be verified outside our editorial. Retail leverage is capped at 20:1 for Type 3 regulated FX trading.
Why SFC Type 3 matters for Hong Kong retail FX
- SFC Type 3 licence is mandatory. Any entity dealing in leveraged foreign exchange contracts with Hong Kong retail clients must hold the Type 3 regulated-activity licence under the Securities and Futures Ordinance (Cap 571).
- Retail leverage capped at 20:1. SFC Type 3 dealers are restricted to 20:1 maximum leverage for retail clients on major FX pairs.
- SFC Public Register is the canonical source. The CE number for each entity is the unique identifier — if the licence is suspended, lapsed or restricted, the register will state it before any broker website will.
- Excluded: entities marketing to Hong Kong retail without an SFC Type 3 licence (typically via offshore subsidiaries), and Type 9 asset-management licensees that do not deal in retail FX. Both are outside our editorial scope.
Type 3 licence holders we cover
1. Saxo Capital Markets HK
Verify on SFC register- Legal entity
- Saxo Capital Markets HK Limited
- Verify on SFC register
- SFC Public Register ↗
- Headquartered
- Hong Kong
- Platforms
- SaxoTraderGO, SaxoTraderPRO, API
- Notes
- Hong Kong subsidiary of Saxo Bank A/S. SFC Type 3 licensed for leveraged foreign exchange trading. Multi-asset coverage in a single account.
Also covered in our EU/UK review → (different legal entity, different leverage caps; the SFC-licensed HK entity is the relevant counterparty for Hong Kong residents)
2. IG Securities (HK)
Verify on SFC register- Legal entity
- IG Asia Pte Ltd (HK branch) / IG Securities (HK) Ltd
- Verify on SFC register
- SFC Public Register ↗
- Headquartered
- Hong Kong
- Platforms
- IG web, MetaTrader 4, ProRealTime
- Notes
- Hong Kong arm of IG Group. SFC-licensed for retail CFD and leveraged FX dealing. The Hong Kong entity is distinct from the Singapore IG Asia CMS-licensed entity.
Also covered in our EU/UK review → (different legal entity, different leverage caps; the SFC-licensed HK entity is the relevant counterparty for Hong Kong residents)
3. KGI Asia
Verify on SFC register- Legal entity
- KGI Asia Limited
- Verify on SFC register
- SFC Public Register ↗
- Headquartered
- Hong Kong
- Platforms
- KGI Trader, Web Trader
- Notes
- Hong Kong securities and futures dealer with SFC Type 1, 2, 3 licences. Retail-FX is a smaller part of the wider securities business — relevant for Hong Kong residents wanting a single-broker multi-asset relationship.
4. Phillip Securities (HK)
Verify on SFC register- Legal entity
- Phillip Securities (HK) Limited
- Verify on SFC register
- SFC Public Register ↗
- Headquartered
- Hong Kong
- Platforms
- POEMS, MetaTrader 4
- Notes
- Hong Kong arm of the Singapore-headquartered PhillipCapital group. SFC-licensed multi-licence dealer covering Type 1, 2, 3 activities including leveraged FX.
5. Interactive Brokers Hong Kong
Verify on SFC register- Legal entity
- Interactive Brokers Hong Kong Limited
- Verify on SFC register
- SFC Public Register ↗
- Headquartered
- Hong Kong
- Platforms
- IBKR Trader Workstation, IBKR Mobile, API
- Notes
- SFC-licensed Hong Kong subsidiary of NASDAQ-listed Interactive Brokers Group. Multi-asset execution, professional-grade order routing, low commissions.
Also covered in our EU/UK review → (different legal entity, different leverage caps; the SFC-licensed HK entity is the relevant counterparty for Hong Kong residents)
How to verify any Hong Kong broker yourself
- Open the SFC Public Register and search by the legal entity name (not the brand name).
- Confirm the entity holds “Type 3 — Leveraged foreign exchange trading” under the “Regulated activities” column. Type 1 (dealing in securities) alone does not cover retail FX.
- Check the “Status” column reads “Active” and that there are no formal conditions or suspensions recorded.
- The CE number on the register is the entity's identifier — quote it in any account-opening correspondence to ensure you are contracting with the licensed entity, not an offshore affiliate.
Risk disclosure
Trading leveraged foreign exchange carries a high risk of losing money rapidly. SFC Type 3 dealers are required to publish risk disclosures and assess the suitability of retail clients before opening leveraged-FX accounts. Consult each broker's onboarding documentation for current leverage limits and the client-suitability rules applicable to Hong Kong residents.
This page is editorial. Sponsorship placement (if sold) is shown above the list with clear “Sponsored” disclosure and does not influence the SFC-verified order or content of the list. See /editorial-standards/advertising.