Hong Kongs **SFC (Securities and Futures Commission)** licenses FX/leveraged trading under Type 3 (Leveraged Foreign Exchange Trading).
**Key points:**
• Licensed brokers must hold ≥ HKD 5,000,000 capital
• Mandatory membership of Investor Compensation Fund (max HKD 150,000)
• Segregated client funds required
• Marketing material must be SFC-approved
HK residents pick from Saxo HK, IBKR HK, Phillip Securities.
Brokers headquartered in Hong Kong
No brokers headquartered here yet — but you can still pick from Tier 1 regulated brokers elsewhere.
