Best Brokers With HKD Accounts 2025
Dig into our top brokers offering HKD accounts after hands-on testing, designed to reduce conversion fees and optimize the experience for traders dealing in Hong Kong Dollars.

James Barra

Tobias Robinson
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1Founded in 2004, Dukascopy Bank SA is a Swiss online bank and brokerage offering trading on over 1,200 instruments, including binary options. It provides various accounts (JForex, MT4/5, Binary Options) and advanced platforms (JForex, MT4/MT5) with strong tools and market data for active traders.
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.5 OANDA is a well-known company that excels in quick trade executions, low deposit necessities, and impressive charting and trading platform functions. The highly-regarded brand has over 25 years of expertise and is overseen by reliable authorities like the NFA/CFTC. It provides 24/7 support for traders and offers flexible contract sizes with automated trade executions. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.3 Moomoo is a regulated trading platform which is controlled by SEC. It provides a simple, cost-effective method to trade in stocks, ETFs, and various assets from China, Hong Kong, Singapore, the US, and Australia. They provide the option for margin trading, along with no deposit account and several bonus options. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.8 IC Markets is a renowned forex and CFD broker recognized for its high-quality pricing, extensive range of trading tools, and superior trading technology. Established in 2007 in Australia, it operates under the oversight of ASIC, CySEC, and FSA. It has drawn in over 180,000 traders from across 200 countries. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.6 Established in 2008, Exness is a respected broker known for offering over 40 account currencies, a wide choice of CFD instruments, and an intuitive web platform with features like currency converters and trading calculators.
Compare Brokers With HKD Accounts
Broker Details Comparison
Safety Comparison
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Mobile Trading Comparison
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Comparison for Beginners
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Comparison for Advanced Traders
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Accounts Comparison
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Detailed Rating Comparison
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Fee and Cost Comparison
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Broker Popularity
See how popular the Best Brokers With HKD Accounts 2025 are in terms of number of clients.
Broker | Popularity |
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Moomoo |
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Exness |
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Dukascopy |
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IC Markets |
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Why Trade With Dukascopy?
If you're an experienced trader, Dukascopy offers the tools you need: JForex for algorithmic strategies, competitive spreads from 0.1 pips, leverage up to 1:200, and the assurance of a Swiss-regulated bank and broker.
Pros
- The proprietary JForex platform is advanced, offering tools for algorithmic trading, detailed charting, and access to deep liquidity for traders.
- Dukascopy is regulated by the Swiss Financial Market Supervisory Authority (FINMA) as a broker and a bank, providing high-level financial security and compliance with strict standards.
- Dukascopy offers top-notch research, including a professional TV studio in Geneva for financial news, market analysis, and daily expert insights.
Cons
- Dukascopy offers educational resources and 24/7 support, but its complex platforms and tools require extensive testing and can overwhelm new traders.
- JForex offers many features, but its complexity makes it less ideal for beginner traders who might prefer simpler platforms.
- Certain account types, like MT4/MT5 accounts, need a higher minimum deposit of $1,000. This might not be suitable for traders with limited budgets.
Why Trade With OANDA US?
OANDA is a reputable broker for US traders. It offers user-friendly tools for analysis and a simple sign-up process. It is very trustworthy due to heavy regulation.
Pros
- OANDA is a credible and safe trading brand, approved by top regulators such as the CFTC.
- There's a robust selection of 68 currency pairs for committed forex traders focusing on short-term trades.
- Experienced traders can use top-notch tools like an MT4 premium upgrade and advanced charting from MotiveWave.
Cons
- The trading markets are limited to only forex and cryptocurrencies.
- Customer support is not accessible during weekends.
- Few payment options are available and e-wallets are not supported.
Why Trade With Moomoo?
Moomoo is a great option for beginner and intermediate traders aiming to diversify their investment portfolio. The brokerage's app is easily navigable and the trading fees are significantly low.
Pros
- Moomoo is a FINRA and SIPC member, providing additional security for potential clients interested in trading.
- The broker requires no minimum deposit, making it suitable for beginner traders.
- Moomoo is a licensed entity with the US Securities and Exchange Commission (SEC) and the Monetary Authority of Singapore (MAS).
Cons
- Regrettably, even with its existing security features, this platform still lacks 2 factor authentication (2FA).
- The broker doesn't offer phone or live chat support, options typically provided by other brokers.
- The protection against negative balance, a standard security measure at highly regulated brokers, is not available here.
Why Trade With IC Markets?
IC Markets provides excellent prices, quick execution, and smooth deposits. The utilization of sophisticated charting platforms such as TradingView and the Raw Trader Plus account makes it a preferred choice for intermediate to advanced traders.
Pros
- IC Markets, a well-regulated and respected broker, emphasizes client security and transparency for a trustworthy global trading experience.
- IC Markets won DayTrading.com's 'Best MT4/MT5 Broker' in 2025 for its top-notch MetaTrader integration, perfected over years to enhance the platform experience.
- IC Markets provides reliable 24/5 support, especially for account and funding matters, based on direct experience.
Cons
- IC Markets have a selection of metals and cryptos for trading through CFDs, but their range is not as wide as brokers such as eToro. This may limit options for traders who are interested in these asset types.
- The range and quality of educational materials, such as tutorials and webinars, require improvement. This lag falls behind competitors like CMC Markets and reduces its suitability for novice traders.
- Some withdrawal methods require fees such as a $20 wire charge. This can reduce profits, particularly for traders who withdraw frequently.
Why Trade With Exness?
Exness is an excellent choice for active forex traders aiming to reduce costs after lowering spreads, enhancing execution speeds, and offering trading on over 100 currency pairs with more than 40 account currencies.
Pros
- Fast and reliable 24/7 multilingual customer support through phone, email, and live chat, validated by practical tests.
- Exness was the first brokerage to reach monthly trading volumes of $1 trillion and $2 trillion, demonstrating its credibility.
- Execution speeds now average under 25ms, providing ideal conditions for short-term traders.
Cons
- Besides a mediocre blog, educational resources are lacking, especially compared to category leaders like IG, which offer a more comprehensive trading journey for new traders.
- MetaTrader 4 and 5 are supported, but TradingView and cTrader are not available yet, despite increasing demand from traders and their integration with other platforms like Pepperstone.
- Exness has increased its variety of CFDs and introduced a copy trading feature, but it still lacks real assets like ETFs, cryptocurrencies, or bonds.
Filters
Methodology
To identify the best brokers offering HKD-denominated accounts, we thoroughly analyzed a wide range of online trading platforms.
We focused specifically on brokers that allow clients to deposit, withdraw, and trade in Hong Kong dollars (HKD) without forced currency conversions.
Rankings were determined using over 200 key metrics, including trading fees, platform reliability, regulatory oversight (such as licensing by the Securities and Futures Commission of Hong Kong (SFC)). Additionally, we factored in user feedback from our own advanced traders.
What Is an HKD Account?
An HKD trading account is a brokerage account where all balances, transactions, and profits are denominated in Hong Kong dollars (HKD).
Hong Kong is one of the world’s leading financial centers, and HKD is widely used for trading in its equity and derivatives markets. Despite this, many international brokers primarily offer USD or EUR accounts, making HKD-denominated options harder to find (less than 10% of the firms we’ve evaluated).
Traders who invest in Hong Kong’s markets or manage finances in HKD can benefit from an HKD trading account in several ways:
- Avoiding Currency Conversion Costs: Depositing and withdrawing in HKD prevents unnecessary exchange rate fees, which is especially useful for traders based in Hong Kong.
- Direct Access to the Hong Kong Market: HKD accounts allow seamless trading of HKEX-listed stocks, ETFs, and other financial instruments.
- Reducing FX Risk: If your income and investments are in HKD, keeping your brokerage account in the same currency avoids exposure to exchange rate fluctuations, especially with the HKD/USD peg.
How Do I Open an HKD Account?
Setting up an HKD trading account requires choosing a broker that supports HKD transactions. Here’s how to do it:
- Choose a Broker: Look for a platform offering HKD as a base currency, ideally one regulated by the SFC or with strong access to your preferred markets, such as HKEX stocks.
- Register an Account: Complete the broker’s onboarding process, which typically includes identity verification (such as a passport or HKID) and proof of address.
- Select HKD as Your Base Currency: During account setup, choose HKD as your default currency to prevent automatic conversions.
- Fund Your Account: Deposit funds in HKD via local bank transfer, FPS, or e-wallets commonly used in Hong Kong.
- Start Trading: Once your funds are available, you can begin trading HKD-denominated assets, including Hong Kong stocks, ETFs, and bonds.
For example, below is an instance where I set up an HKD trading account at a major brokerage, Saxo:

Setting up a HKD trading account at Saxo
Should I Use an HKD Trading Account?
An HKD trading account may be the best option if the following apply:
- You Live in Hong Kong: Keeping your account in HKD simplifies deposits, withdrawals, and tax reporting.
- You Trade Hong Kong Stocks and ETFs: If you focus on HKEX-listed assets, an HKD account helps eliminate conversion fees.
- You Want to Hedge Against FX Risk: If your income, expenses, or portfolio is in HKD, a local currency account prevents unnecessary exposure to forex fluctuations.
- You Use Hong Kong Payment Methods: HKD accounts typically support local banking options like FPS and HSBC transfers, potentially making transactions faster and cheaper.
What Are the Limitations of an HKD Trading Account?
- Limited Broker Availability: Many international brokers still do not offer HKD as a base currency, reducing your options.
- Higher Costs for Non-HKD Assets: If you trade instruments denominated in USD, EUR, or other currencies, you may face conversion fees.
- FX Risk on Global Investments: If you trade outside the Hong Kong market, your returns may be impacted by currency fluctuations when converting HKD to foreign currencies.
- Less Liquidity Compared to USD Accounts: USD accounts often offer lower forex spreads and broader trading options compared to HKD-based accounts from our analysis.