Which are the best forex trading platforms in Hong Kong? MetaTader5 and MetaTrade4, by far the most popular trading platforms on the market, are offered by a number of Hong Kong brokers as well. SHK Forex and KVB Kunlun for example do offer MetaTader4, although the KVB Kunlun version - ForexStar 4 is a heavily customized one. MetaTrade4 4/13/ · Plus offers the best forex trading platform for beginner traders. The platform is easy to use, has risk management features such as guaranteed stop-loss orders and easy to The best online broker for Forex or CFD trading in Hong Kong is eToro. eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) and offers Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency, Index Based Funds, Exchange Traded Funds (ETF) trading
Hong Kong Forex Brokers�� Top 10 Brokers in Hong Kong ()
Trading Forex and CFDs involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors.
Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions.
MT4, NinjaTrader, Trading Station, Zulutrade. Foundation Year : Headquarters : Level 5, Exchange House 10 Bridge St Sydney NSWAustralia. Users have access to a range of accounts including the Standard Account commission-free and Raw Account commission-based for MetaTrader users, both offering ECN pricing and maximum leverage of Users can also access Iress Accounts which are commission-based.
FP Markets also offers a range of education and market analysis resources through the Traders Hub which includes technical analysis and fundamental analysis articles and videos, as well as, trading ebooks and video tutorials. Users can access live support via telephone, email and live chat 24 hours a day, 5 days a week. Headquarters : Level 4, 42 N Church St, George Town, Cayman Islands, best forex trading platform hong kong. Vantage FX was founded in in Australia and is the brand name of the Vantage International Group which is regulated by the Cayman Islands Monetary Authority CIMA.
Headquarters : Building 25, MATAM, Haifa, Israel. Plus is a leading CFD trading platform with support for stocks, indices, cryptocurrencies, and Forex. Best forex trading platform hong kong commission-free brokerage charges very low spread-rates and offers fast trades on a great platform.
Plus supports complex trades, includes negative balance protection, and makes trading an educational and hopefully profitable venture.
You can start with a free demo account to test the platform and any trading strategy. Real money accounts offer leverage of up to This broker is based in Israel and regulated by the Financial Conduct Authority FCA in the UK. FBS Markets Inc. is a Forex and CFD broker that offers its services across the globe, best forex trading platform hong kong.
The company was established in and since then, the brand has grown in size, capacity and technology. It offers currency pairs, best forex trading platform hong kong, CFDs, stocks, metals and cryptocurrencies on MT4 and MT5 platforms. FBS provides the MT4 and MT5 trading platforms as WebTrader, desktop applications and mobile applications. For leverage accounts, this brokerage offers leverage of up to Headquarters : 20 Gresham Street, 4th Floor, London EC2V 7JE, United Kingdom.
FXCM Group is an international online forex and CFD brokerage brand. Founded onThe company is based in the UK. The brokerage firm also maintains offices in several jurisdictions such as Australia and South Africa. In terms of tradable products, FXCM offers trading in the spot forex markets, cryptocurrencies, Treasury bond the bund and Contract for Difference CFDs for market indices and commodities.
Due to the new ESMA regulation, the maximum leverage offered by FXCM is now restricted to for major currency pairs. Despite the fact that Hong Kong has a strict regulator, there are still plenty of scammers around trying to lure customers to trade with them and then run off with their money, best forex trading platform hong kong.
There are a few things you have to consider while in search of a Forex broker in Hong Kong. Firstly, it has to be regulated by HKSFC. Then, it has to provide its customers with an easy to use trading platform. It also has to offer low commissions, as trading with high commissions eats up your profit. You should also expect to be offered a number of accounts to choose from depending on the amount of money you are planning to invest.
The broker must have excellent customer service. And, although it is not compulsory, a lot of additional valuable services should be there.
The world has been moving forward in terms of the regulation of financial markets. Despite the fact that in some developing countries Forex regulation is not clear and in some it is even considered to be illegal to trade currencies, in the Western world it is legal and strictly regulated. Each financial crash around the globe has brought about stricter rules for brokers, lowered maximum leverage, increased margin requirements and ousted lots of unregulated brokers.
Some countries, which did not have any regulation in the area have already started forming a legal framework for supervision and monitoring of local Forex markets. As Hong Kong is one of the centers of best forex trading platform hong kong markets it does have a strict regulator — HKSFC, which stands for Hong Kong Securities and Futures Commission, best forex trading platform hong kong.
It came about in after stock markets around the World crashed. The crash started with the Hong Kong stock market and spread to the rest of the World. So, the newly founded regulator introduced strict regulatory measures so that similar events would not happen again. HKSFC issues licenses to brokers who want to operate in the area and then supervises and monitors those brokers how they comply with the rules set by the agency. It carefully monitors all markets operations in Hong Kong and authorizes every product before it is offered by its regulated brokers to their customers.
It also analyses complaints from investors about their brokers and punishes the guilty party according to its transgression. The trading platform will be your tool to trade currencies or any other securities so you need to check what a regulated broker offers you. First of all, you will have to download a demo version from their website and familiarize yourself with it.
You will be able to see if it is good enough, easy enough to use and if it has all the necessary features that you need. If not, you can go to another broker and see what platform he has. Nowadays, most brokers will best forex trading platform hong kong the popular Metatrader 4 platform and a browser version of their own webtrader. Choose whichever platform you want, but do not forget to test it before opening a real money account.
On each trade you make a broker gets paid. By means of a spread. A spread is the difference between the buy and sell price. So, when you open a buy or sell position in the pair you have a loss of those 1 or 2 pips. The same is true with other pairs with higher spreads.
You should choose a broker with the lowest spreads because each operation reduces your profits and if spreads are high your profits will decrease significantly. Most brokers will offer you that and you will be able to trade real money with small risk.
If you have tried micro or you simply want to trade bigger amounts of money a mini account could be just for you. The recommended amount for it best forex trading platform hong kong 20 thousand US dollars and a standard lot size is k.
As you may understand risks increase exponentially with trading such big volumes, so you need to control your risks or you may lose all of your invested money. Not all brokers treat their customers equally.
You need to find a broker who shows the greatest care for his clients. The minimum that you should expect is service in your local language or dialect, online live help customer line that is there 24 hours on the working days and a functional problem-solving team that will reply to your request in a fast, caring and efficient manner. Forex best forex trading platform hong kong often offer a lot of extra free services. That is a sign of good business culture. Best forex trading platform hong kong invest their own money to give their clients as much in return as possible.
They hire economists and financial people to write or record various analytical materials, give insights into the state of global economy and predictions about changes in policy of Central Banks.
You may get free Ebooks on a variety of topics and with some brokers can even participate in trading contests and get big money prizes. A Hong Kong trader has excellent opportunities to find a regulated broker and more or less safely invest in the biggest market of the World. The article outlined the key points which will help you to choose the best brokers best forex trading platform hong kong the regulated ones. We have created a list of the very best Hong Kong brokers below based on our own in depth research.
We wish you great success in your career as a trader. English English Italiano Dansk Dutch Français Deutsch Eλληνικά العربية Norsk Português Русский Español Svenska Türkçe 日本語. Markets Crypto News Forecasts Education FXTM Academy Trade Now Brokers Tools Economic Calendar Macro Data.
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FX Empire may receive compensation. Despite the fact Hong Kong is part of China, it is one of the biggest strongholds of capitalism, investing and one of the key centers of financial markets. If you have not yet found a broker to trade with we do recommend working with HKSFC regulated ones.
Best forex broker for US 2021 �� TOP 3 ��
, time: 17:35Best CFD brokers in Hong Kong in - Fee comparison included
SimpleFX (Best Alternate) At this time our best Forex broker in Hong Kong is: SimpleFX. SimpleFX: $ Cashback. 4XC. / Register an Account. 4XC Hong Kong. SimpleFX (Best Alternate) At this time our best Forex broker in Hong Kong is: SimpleFX Plus is a leading CFD trading platform with support for stocks, indices, cryptocurrencies, and Forex. This commission-free brokerage charges very low spread-rates and offers fast trades on a 6/21/ · We dug deep so you don't have to. 5 brokers made it to the top in Hong Kong. We strongly recommend all 5 to you. And now, without further ado Our top 5 picks for the best CFD brokers of for citizens in Hong Kong: XTB is the best CFD broker in Hong Kong in Low forex fees. Free and fast deposit and withdrawal. Easy and fast account opening
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