Read this disclosure carefully before acting on any signal or opening any trading account. It applies to everything published on this site for visitors in Hong Kong.
Nature of the risk
Trading foreign exchange, contracts for difference (CFDs) and other leveraged derivatives carries a high level of risk and is not suitable for every investor. These are complex instruments, and the majority of retail investor accounts lose money when trading CFDs.
The brokers we cover that are required to publish a figure report the following for the entities concerned: Pepperstone Markets Limited (the Bahamas-licensed entity that onboards Hong Kong residents) publishes that 79.6% of retail investor accounts lose money when trading CFDs with this provider; Capital.com's international entity publishes 79.75%; ActivTrades' international entity publishes 84%. Base Markets publishes no figure, because the Financial Services Commission of Mauritius does not mandate one — the absence of a figure is not evidence of lower risk.
The Pepperstone figure is entity-specific: Pepperstone publishes 72.9% under FCA and CySEC, 75.2% under BaFin, 79.6% under SCB and 75–95% under CMA, and the figure that applies to you depends on the entity your account is opened with. Always read the disclosure on the page your sign-up link actually lands on.
You can lose your entire deposited capital, and losses can accumulate quickly. Never trade with money you cannot afford to lose, or with funds set aside for essential needs and obligations.
Leverage and execution risk
Leverage magnifies both profits and losses. With leveraged positions, a small price movement against you can produce a loss that is large relative to your deposit — and in fast markets, execution at your intended price is not guaranteed. Understand margin requirements, and the possibility of margin calls and forced liquidation, before trading any leveraged product.
A stop-loss is an instruction, not a guarantee. None of the brokers we cover offers a guaranteed stop-loss — Pepperstone's own documentation describes a stop as a trigger for a market order, which means the fill can be worse than the level you set. Size every position on the assumption that a stop may slip.
We do not provide investment advice
All content on www.besttradingsignal.com — including signals, analysis, reviews, guides and performance figures — is general information and education. It is not personal investment, financial, legal or tax advice and does not consider your individual situation. You are solely responsible for your trading decisions and their results. If you are unsure whether leveraged trading is appropriate for you, consult an independent licensed financial adviser.
Signals do not guarantee profit
Trading signals are analyst opinions about probable price movements. They can be wrong, and losing trades occur regularly even within a strong record. Our published track record — including the 94% average weekly accuracy by points described on the performance page — is historical, and past performance is no guarantee of future results. Your personal results will differ with your position sizing, spreads, execution and timing.
Be wary of anyone, anywhere, who promises certain profits from trading. Guaranteed returns do not exist in financial markets.
Our relationship with brokers
Best Trading Signal is an independent publisher, not a broker and not a firm licensed to provide regulated financial services in Hong Kong or elsewhere. We are marketing partners of certain brokers and may receive a commission when you open an account through our links, at no extra cost to you. Base Markets is our rank 1 for that commercial reason, not because it is the best-regulated broker we cover — it is not. Your contractual relationship for any account, deposit or trade is directly with the broker, and we are not responsible for its services, execution or policies, or for any dispute between you and a broker.
Regulation and availability in Hong Kong
In the Hong Kong Special Administrative Region, dealing in securities (Type 1) and leveraged foreign exchange trading (Type 3) are regulated activities requiring a licence from the Securities and Futures Commission (SFC). The SFC publishes every licensed corporation, its CE number and the regulated activities its licence covers on a public register.
None of the brokers we cover holds an SFC licence. Hong Kong residents are onboarded by offshore entities: Base Markets by its Mauritian entity (Financial Services Commission, Licence GB25204723); Pepperstone by Pepperstone Markets Limited, Nassau (Securities Commission of The Bahamas, licence SIA-F217); Capital.com by Capital Com Online Investments Ltd (Securities Commission of The Bahamas, licence SIA-F245). ActivTrades and XM likewise onboard through non-Hong Kong entities. Tier-one licences held elsewhere in those corporate groups — FCA, ASIC, CySEC, BaFin, DFSA — belong to entities that will not hold your account, and regulation attaches to the legal entity that signs your client agreement, not to the brand.
The practical consequences are concrete: no SFC supervision of the firm's conduct, no SFC complaint route, and no access to Hong Kong's Investor Compensation Fund, which exists to compensate investors for loss caused by a default of an SFC-licensed intermediary in relation to exchange-traded products. Check the current per-investor limit with the Investor Compensation Company directly rather than relying on any figure quoted on a comparison page, ours included.
Signal providers such as us are not licensed as investment advisers by the SFC or any other authority — we publish analysis and education, we do not manage money or give personal advice. It is your responsibility to confirm that trading these products, and using an offshore-licensed broker, is lawful and appropriate for your own circumstances before acting on any signal. Our best trading brokers Hong Kong guide names firms that do hold SFC licences and explains how to verify a CE number yourself.
Tax
Hong Kong does not levy a capital gains tax, but profits tax can apply where trading activity amounts to carrying on a trade, profession or business in Hong Kong, and the outcome depends on the facts of your own case. We are not tax advisers and nothing here is tax advice — take professional advice on your circumstances.