Brokers

The brokers we cover — and who actually regulates them

We cover two internationally licensed brokers: Pepperstone first and Capital.com second. Neither holds a Hong Kong SFC licence — Hong Kong residents are onboarded by offshore entities, and we say so on every review rather than leaving you to discover it after a dispute. Start with best trading brokers Hong Kong for the SFC-licensed alternatives. Our signals are a separate service and are not affiliated with any broker, so opening a broker account is optional.

★ Four platforms and raw-spread execution — through a Bahamian entity

Pepperstone

4.6/5

The widest platform line-up of the brokers we cover — MT4, MT5, cTrader and TradingView — with spreads from 0.0 pips on the Razor account. Hong Kong residents are onboarded by Pepperstone Markets Limited, licensed by the Securities Commission of The Bahamas (SIA-F217), not by an SFC-licensed corporation.

Min. deposit: $0
Spreads from: 0.0 pips
Platforms: MetaTrader 4, MetaTrader 5, cTrader, TradingView
Regulation: SCBFCAASICCySECBaFinDFSACMA

Pros

The widest platform choice of the brokers we cover: MetaTrader 4, MetaTrader 5, cTrader and TradingView
Raw spreads from 0.0 pips on the Razor account with a transparent per-lot commission
Tier-one licences elsewhere in the group — FCA, ASIC, BaFin, CySEC and DFSA

Cons

No SFC licence: a Hong Kong resident is onboarded by Pepperstone Markets Limited in Nassau, so no SFC supervision, no SFC complaint route and no Investor Compensation Fund coverage
The Bahamian entity publishes that 79.6% of retail investor accounts lose money trading CFDs with this provider

Visit brokerRisk warning (Pepperstone, Jul–Sep 2026): 72.9% of retail investor accounts lose money when trading CFDs with this provider under FCA and CySEC, 75.2% under BaFin, 79.6% under SCB and 75–95% under CMA. The figure depends on the licensed entity your account is opened with. Make sure you understand how CFDs work and whether you can afford the high risk of losing your money.Read review

Capital.com

4.5/5

A slick multi-asset broker with 3,000+ markets, zero-commission spread-only pricing, and MT4, MT5, TradingView and API access alongside its own app. Hong Kong residents are onboarded by Capital Com Online Investments Ltd, licensed by the Securities Commission of The Bahamas (SIA-F245), not by an SFC-licensed corporation.

Min. deposit: $20
Spreads from: 0.6 pips
Platforms: Capital.com web & app, MetaTrader 4, MetaTrader 5, TradingView, API
Regulation: SCBFCACySECASICCMA

Pros

3,000+ markets — forex, shares, indices, commodities, crypto and thematic baskets
MetaTrader 4, MetaTrader 5, TradingView and API access alongside a well-regarded native app
Zero-commission, spread-only pricing with a low $20 (roughly HK$156) minimum

Cons

No SFC licence: a Hong Kong resident is onboarded by Capital Com Online Investments Ltd in The Bahamas, outside SFC supervision and the Investor Compensation Fund
The international entity publishes that 79.75% of retail investor accounts lose money trading CFDs

Visit broker Read review

	Pepperstone	Capital.com
Editorial rating	4.6/54.6 / 5	4.5/54.5 / 5
Min. deposit	$0	$20
Spreads from	0.0 pips	0.6 pips
Platforms	MetaTrader 4, MetaTrader 5, cTrader, TradingView	Capital.com web & app, MetaTrader 4, MetaTrader 5, TradingView, API
Regulation	SCBFCAASICCySECBaFinDFSACMA	SCBFCACySECASICCMA
	Open accountRisk warning (Pepperstone, Jul–Sep 2026): 72.9% of retail investor accounts lose money when trading CFDs with this provider under FCA and CySEC, 75.2% under BaFin, 79.6% under SCB and 75–95% under CMA. The figure depends on the licensed entity your account is opened with. Make sure you understand how CFDs work and whether you can afford the high risk of losing your money.Read review	Open account Read review

At a glance

At a glance
Brokers	Spreads from	Min. deposit	Regulation	Platforms
Pepperstone	0.0 pips	$0	SCB · FCA · ASIC · CySEC · BaFin · DFSA · CMA	MetaTrader 4, MetaTrader 5, cTrader, TradingView
Capital.com	0.6 pips	$20	SCB · FCA · CySEC · ASIC · CMA	Capital.com web & app, MetaTrader 4, MetaTrader 5, TradingView, API

Trading forex and CFDs involves substantial risk of loss. Hong Kong's securities and leveraged foreign exchange markets are supervised by the Securities and Futures Commission (SFC), and the brokers we cover onboard Hong Kong residents through offshore entities that hold no SFC licence — our signals are analyst opinions, not investment advice.

Ready to start?

Our trading signals are a separate service run by Best Trading Signal. They are not affiliated with, provided by or endorsed by any broker.

Subscribe to the signals

Subscribe through our Telegram bot and receive every signal with a clear entry, take-profit and stop-loss. No broker account is required: you can follow the signals with any regulated broker.

Subscribe on Telegram

Need a broker?

Our top-ranked broker is Pepperstone: authorised by seven regulators, including ASIC, the FCA and CySEC, with spreads from 0.0 pips on the Razor account. Opening a broker account is optional and separate from the signals subscription.

Open a Pepperstone account

Risk warning (Pepperstone, Jul–Sep 2026): 72.9% of retail investor accounts lose money when trading CFDs with this provider under FCA and CySEC, 75.2% under BaFin, 79.6% under SCB and 75–95% under CMA. The figure depends on the licensed entity your account is opened with. Make sure you understand how CFDs work and whether you can afford the high risk of losing your money.

Trading forex, CFDs and crypto carries a substantial risk of loss and is not suitable for every investor. In Hong Kong, dealing in securities and leveraged foreign exchange trading are licensed activities supervised by the Securities and Futures Commission (SFC) — the brokers reviewed here are onboarded offshore and hold no SFC licence, so no SFC complaint route and no Investor Compensation Fund coverage applies to those accounts. Our signals are analyst opinions, not guaranteed profits, and past performance does not guarantee future results.