HKD Forex Account
By Stéphane on 27/09/2023
Compare brokers that accept the Hong Kong dollar (HKD) as a base currency for your Forex trading account.
Brokers we recommend

Trade over 1,000 instruments on flexible leverage up to 1:500 on the MT4/5 and cTrader platforms. FP Markets is a true ECN broker and accepts all trading styles without restrictions.

Pepperstone is an award-winning broker regulated in 7 jurisdictions. Trade over 1,200 instruments on MetaTrader 4, 5, TradingView or cTrader. Pepperstone allows all trading styles.
Comparison table
Here's how and why rated these brokers, or learn more about our impartial 18-point methodology.
Overall | Markets | Trading environment | Deposits and withdrawals | Investor protection | Customer service | |
---|---|---|---|---|---|---|
FP Markets | 4.8 | 5.0 | 4.8 | 5.0 | 4.0 | 5.0 |
Pepperstone | 4.7 | 5.0 | 4.8 | 4.4 | 4.8 | 4.7 |
Forex (CFD) | Cryptos (CFD)* | Stocks (CFD) | Indices (CFD) | ETFs (CFD) | Metals (CFD) | Energy (CFD) | Commodities (CFD) | Bonds (CFD) | |
---|---|---|---|---|---|---|---|---|---|
FP Markets | 72 | 12 | 1000 | 16 | 46 | 17 | 4 | 5 | 2 |
Pepperstone | 96 | 20 | 957 | 23 | 112 | 12 | 4 | 16 |
MT4 | MT5 | cTrader | Copy trading | TradingView | |
---|---|---|---|---|---|
FP Markets | |||||
Pepperstone |
Bank transfer | Broker to broker transfer | Debit card | Credit card | BTC (Bitcoin) | USDT (Tether) | NETELLER * | Skrill * | |
---|---|---|---|---|---|---|---|---|
FP Markets | ||||||||
Pepperstone |
Australia | Bahamas | Cyprus (EU) | South Africa | St. Vincent & the Grenadines | UAE | UK | |
---|---|---|---|---|---|---|---|
FP Markets | |||||||
Pepperstone |
* Availability is subject to local laws and regulations.
Note: for brevity, this table only shows the most popular payment methods and regulators. Open a free account with any of these brokers to view funding options available in your country.

Trade over 1,000 instruments on flexible leverage up to 1:500 on the MT4/5 and cTrader platforms. FP Markets is a true ECN broker and accepts all trading styles without restrictions.
- Likes
- Flexible leverage up to 1:500.
- Trade over 1,000 financial instruments.
- Trade on MT4/5 or cTrader without restrictions.
- Copy trading service is available.
- Customer support is available 24/7.
- Dislikes
- No TradingView integration is available for now.
- No investor compensation fund in the event of bankruptcy.
We've traded through this broker's MT5 Raw account and can vouch for its low spreads and reliable trading environment. Its Raw account is designed for day traders and scalpers, and its Standard account will suit all others.
We also like the breadth of instruments available through its platform. You'll find over 70 currency pairs, as well as gold and silver priced in US dollars, euros and Aussie dollars. You can also go long or short on stocks and government bonds through over 40 ETFs.
Its free educational content also sets it apart from the competition. Fund your account to get access to trading signals from Trading Signal and Autochartist. You'll also get access to free trading courses for beginners and experienced traders, weekly webinars and e-books.

Pepperstone is an award-winning broker regulated in 7 jurisdictions. Trade over 1,200 instruments on MetaTrader 4, 5, TradingView or cTrader. Pepperstone allows all trading styles.
- Likes
- Trade over 1,200 instruments across many asset classes.
- Trade on MT4/5, cTrader or even TradingView.
- All trading styles and EAs are allowed.
- Wide range of currencies for your trading account.
- Excellent customer service.
- Dislikes
- You cannot choose which Pepperstone entity to open an account with. For example, you will need to open an account with Pepperstone's FCA-regulated entity if you live in the UK.
We particularly enjoy Pepperstone's integration with TradingView, which makes it possible to open and close positions directly from the charts. This in addition to its support for the popular MetaTrader 4, 5 and cTrader platforms.
Fees are a big factor for any trader. And Pepperstone's competitive spreads and commissions are a significant plus point for us. Its Standard account with low and variable spreads will appeal to all traders. And its Raw account is designed for Forex day traders and scalpers.
Deposits and withdrawals are easy and hassle-free, which is exactly what we look for in a broker. Whenever we've reached out to customer service, we've found their agents to be responsive and attentive.
Brokers that accept HKD
FP Markets
Open a trading account denominated in HKD with FPMarkets.com, an international broker with tight spreads. Fund your account through an international bank transfer, Visa, MasterCard or even PayPal. FP Markets will credit your MT4 or MT5 account instantly, with no deposit fees. It will go one step further and cover any fees charged by your bank or other intermediaries, up to US$ 50, for international bank transfers over US$ 10,000.
About the Hong Kong Dollar
The Hong Kong Dollar, abbreviated as HKD, is the official currency of the Hong Kong Special Administrative Region. In 2022, it was the 9th most traded currency by volume, according to the Bank for International Settlements(1).
The Hong Kong Dollar was pegged to the US Dollar in 1983, and trades in a narrow range between 7.75 and 7.85 HKD to 1 USD(2). This system, known as the Linked Exchange Rate System (LERS), compels Hong Kong's Monetary Authority (HKMA) to align its monetary policy on that of the Federal Reserve.
The peg is and remains a cornerstone of Hong Kong's financial stability. However, the ability and desire of the HKMA to defend its currency's peg against the US Dollar has, for decades, been the subject of speculation. Rising tensions between China and the United States have cast fresh doubts over its future(3).
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About the author
I'm Stéphane, a trader and an entrepreneur. My mission with TrustedBrokers is to help you find the right broker for you, whether you're a beginner or a pro. I've personally used and tested the brokers on our service, opening and funding real-money accounts, contacting customer service and placing trades. I started my career in investment banking in London.
- 1. Bank for International Settlements. (2022). Triennial Central Bank Survey: Foreign exchange turnover by currency, 1989-2022. https://stats.bis.org/statx/srs/table/d11.3
- 2. Hong Kong Monetary Authority. Linked Exchange Rate System. https://www.hkma.gov.hk/eng/key-functions/money/linked-exchange-rate-system/
- 3. Financial Times. (2022). Hong Kong's Dollar Peg is on Increasingly Thin Ice. https://www.ft.com/content/a045f068-7639-4d75-ba71-63a1f62d6767