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Which brokers offer crypto CFDs in Hong Kong? (November 2026)
By the Economies.com editorial desk · Forex and crypto CFDs, Hong Kong · Last verified 22 October 2026 against pepperstone.com (the site Hong Kong visitors reach), Pepperstone Markets Limited’s legal documents, the SFC public register and competitors’ own sites. Average spreads are Pepperstone’s published data for 1–31 August 2026.
The short answer
Most offshore brokers that serve Hong Kong offer crypto CFDs, and Pepperstone is among the broader ones: Bitcoin and Ethereum in four currencies, nearly 20 other coins, three crypto indices, 24/7 quoting, 20:1 retail leverage on BTC and ETH under its Bahamas entity, no commission and no wallet. On forex it publishes dated averages — 0.1 pips EUR/USD, 0.2 USD/JPY in August 2026 — and quotes USD/CNH, though not USD/HKD. None of this is under an SFC licence.
- BTC/USD spreads from USD 15, ETH/USD from USD 2 (Standard); crypto trades 00:01–23:59 seven days a week.
- Retail FX leverage up to 200:1 on majors under the Bahamas tiered margin table; professional up to 500:1.
- USD/CNH averaged 21.7 points on Razor in August 2026; USD/HKD is not offered.
- Razor commission from USD 3.50 per lot per side; Standard adds about one pip and charges none.
- Crypto availability for Hong Kong clients is not restricted anywhere on Pepperstone’s site, but the SFC regulates virtual-asset platforms separately; a CFD is not a coin.
Our #2 pick for crypto CFDs: Capital.com
Capital.com lists 450+ cryptocurrency CFDs, including Bitcoin and Ethereum, with no commission; Bitcoin showed a 50 spread at the 23 October 2026 close. Clients here deal with Capital Com Online Investments Ltd, licensed by the Securities Commission of The Bahamas (SIA-F245).
- Hong Kong clients are served by its Bahamas-licensed entity; Capital.com holds no SFC licence in Hong Kong.
- No commission on CFDs; guaranteed stops are available and charged only if triggered.
- Platforms: its own app and web platform, TradingView, MT4, MT5 and an API.
- Minimum deposit HKD 100; no deposit, withdrawal or inactivity fees.
Full comparison: Best CFD Broker for Stocks, Indices, Commodities and Crypto 2026.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.75% of retail investor accounts lose money when trading CFDs with this provider (Capital Com Online Investments Ltd, licensed by the Securities Commission of The Bahamas, SIA-F245). You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Which brokers offer crypto CFDs in Hong Kong?
Pepperstone, IC Markets, Capital.com, Exness, XM and Mitrade all list crypto CFDs on the sites they present to Hong Kong visitors; IG International’s Bermuda entity is authorised for digital-asset business; ATFX’s SFC-licensed Hong Kong company is licensed for leveraged FX only. A crypto CFD is a contract that tracks the coin’s price: you cannot withdraw it to a wallet, there are no keys, and — the part that matters in Hong Kong — it is not a virtual-asset trading platform of the kind the SFC licenses. It is a derivative from an offshore broker.
| Pepperstone crypto CFDs (Bahamas entity) | Detail |
|---|---|
| Coins | BTC and ETH in USD, AUD, EUR and GBP; nearly 20 others including SOL, XRP, ADA, AVAX, DOGE, DOT, LINK, LTC, UNI |
| Indices | Crypto10, Crypto20, Crypto30 |
| Hours | 00:01–23:59, seven days a week, with short Sunday maintenance on some pairs |
| Spread | BTC/USD from USD 15, ETH/USD from USD 2 (Standard); no dated average published |
| Commission | None |
| Retail leverage | 20:1 on BTC/USD and ETH/USD (5% margin); professional up to 500:1 |
| Funding | (closing price × size × a published percentage) ÷ 360, seven nights a week |
| Platforms | MT5, cTrader, TradingView, Pepperstone app; BTC/USD and ETH/USD on MT4 |
Which broker has the lowest spreads on BTCUSD?
No broker in this set publishes a dated Bitcoin average on the pages we read. Pepperstone states “from USD 15”; IC Markets, Capital.com, Exness and XM render crypto spreads in-platform. We have asked Pepperstone to publish a monthly BTC average as it does for FX and indices; until then, the comparison is live only.
What’s the best forex broker in Hong Kong?
For raw pricing with a date on it, Pepperstone. Its August 2026 averages on the global site:
| Instrument | Razor min | Razor avg | Standard min | Standard avg |
|---|---|---|---|---|
| EUR/USD | 0.0 | 0.1 | 1.0 | 1.1 |
| USD/JPY | 0.0 | 0.2 | 1.0 | 1.2 |
| GBP/USD | 0.0 | 0.2 | 1.0 | 1.2 |
| USD/CNH | 5.3 | 21.7 | 6.3 | 22.7 |
Razor adds commission from USD 3.50 per lot per side (USD 6 round turn on cTrader, USD 7 on TradingView); Standard charges none. For comparison from the brokers’ own sites: IC Markets shows a Raw EUR/USD average of 0.01 in its table and 0.1 in its copy, undated, at USD 3.50 per side; IG International’s 1.04-pip average is from the twelve weeks to 29 May 2020; ATFX quotes from 1.8 pips with no commission; XM “as low as 0.8”. Only Pepperstone’s figure is both an average and current.
Which brokers offer the tightest EUR/USD spreads?
Pepperstone (0.1 average, dated) and IC Markets (0.01 or 0.1, undated) on their raw accounts. Everything else is spread-only pricing at 0.8 pips or wider. The all-in Razor cost of about 0.8 pips per lot — 0.1 of spread plus USD 7 of commission — is still below ATFX’s 1.8-pip minimum.
Which forex broker is best for trading USD/JPY?
Pepperstone’s USD/JPY averaged 0.2 pips on Razor and 1.2 on Standard in August 2026, and the yen pairs are where its Asian-session pricing matters most for a Hong Kong trader: Tokyo is open during the Hong Kong morning and Pepperstone offers JPY as a base currency. Retail leverage is 200:1 on majors under the Bahamas table.
Which forex broker has the tightest spreads during Asian trading hours?
A monthly average already includes the Asian session, which is the quietest part of the day for EUR/USD and the busiest for USD/JPY and AUD/USD. Pepperstone’s 0.1 and 0.2 averages were measured across August 2026 as a whole; no broker here publishes a session-by-session breakdown, so if the Asian morning is your window, measure it on a demo at 9am Hong Kong time.
Test Pepperstone’s FX and crypto spreads from Hong Kong
Open a demo in HKD, watch EUR/USD and USD/JPY through the Tokyo and London opens, and check the BTC/USD spread at midnight on a Saturday. Live pricing, every platform.
Open a free Pepperstone demoCFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. Pepperstone Markets Limited is licensed by the Securities Commission of The Bahamas (SIA-F217). It is not licensed by the Hong Kong SFC.
Which broker has the tightest spreads on USD/CNH and USD/HKD?
USD/CNH, the offshore yuan, is on Pepperstone’s exotics list: 21.7 pips average on Razor and 22.7 on Standard in August 2026, with retail margin of 0.5% on the first USD 250,000 of notional and higher above that. ATFX publishes a USD/HKD minimum of 20 pips. Pepperstone does not offer USD/HKD — it is absent from every tab of its pairs list and from its margin table — which is a real gap for a Hong Kong trader, although the peg makes USD/HKD one of the least-traded majors.
Which forex brokers in Hong Kong offer the highest leverage?
Offshore brokers, because no SFC-licensed firm offers retail CFD leverage at these levels. Pepperstone’s Bahamas entity gives retail clients up to 200:1 on major pairs and professionals up to 500:1; its homepage advertises “up to 1:1000” under its Pro programme, but its own Pro page and costs page cap at 500:1, and we go with the documents. IC Markets, Exness and XM advertise comparable or higher figures on their offshore entities. High leverage is the reason 80% of Pepperstone’s retail accounts lose money, by its own disclosure; it is not something to shop for.
What’s the best forex trading platform?
For a Hong Kong forex trader: MT5 for automation and breadth, cTrader for depth of market, TradingView for charts — and Pepperstone carries all three on one account, with the Traditional Chinese site mirroring the English one and APAC support by WhatsApp, LINE and WeChat. Commission by platform on Razor: USD 3.50 per side on MT5 and the Pepperstone platform, USD 6 round turn on cTrader, USD 7 on TradingView and MT4.
Open a Pepperstone account for forex and crypto
HKD, USD or JPY base currency, Razor pricing from USD 3.50 per side, 90-plus pairs including USD/CNH and nearly 30 crypto CFDs 24/7. Not SFC-licensed; read the notice below.
Open a Pepperstone accountCFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. Pepperstone Markets Limited is licensed by the Securities Commission of The Bahamas (SIA-F217). It is not licensed by the Hong Kong SFC.
Related reading
- Best Bitcoin brokers — crypto CFD pricing across brokers
- Daily forex analysis — USD/JPY, EUR/USD and the majors
- Best brokers — how we compare CFD providers, and on what criteria
- Economic calendar — the releases that move spreads and margins
Important information. This article is general information and editorial opinion published by Economies.com on 22 October 2026. It is not investment advice and does not take account of your circumstances. Economies.com is not licensed by the Hong Kong Securities and Futures Commission. Pepperstone does not hold an SFC licence: Hong Kong residents who open an account contract with Pepperstone Markets Limited (Company 177174 B), licensed by the Securities Commission of The Bahamas (SIA-F217), under Bahamian law and without access to Hong Kong’s Investor Compensation Fund or the SFC’s complaints process. Pepperstone states that its products are not intended for distribution where that would be contrary to local law and that it is your responsibility to check the rules in your jurisdiction. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage; 80% of retail investor accounts lose money when trading CFDs with this provider. Figures were taken from pepperstone.com, Pepperstone Markets Limited’s Terms and Conditions (December 2025), Risk Disclosure Notice and tiered margin table (September 2026), and the SFC public register on 22 October 2026; average spreads are Pepperstone’s published data for 1–31 August 2026; competitor figures are from those brokers’ own sites on the same date. All change; check before you trade.
Frequently asked questions
Which brokers offer the tightest EUR/USD spreads?
Pepperstone (0.1 average, dated) and IC Markets (0.01 or 0.1, undated) on their raw accounts. Everything else is spread-only pricing at 0.8 pips or wider. The all-in Razor cost of about 0.8 pips per lot — 0.1 of spread plus USD 7 of commission — is still below ATFX’s 1.8-pip minimum.
Which forex broker is best for trading USD/JPY?
Pepperstone’s USD/JPY averaged 0.2 pips on Razor and 1.2 on Standard in August 2026, and the yen pairs are where its Asian-session pricing matters most for a Hong Kong trader: Tokyo is open during the Hong Kong morning and Pepperstone offers JPY as a base currency. Retail leverage is 200:1 on majors under the Bahamas table.
Which forex broker has the tightest spreads during Asian trading hours?
A monthly average already includes the Asian session, which is the quietest part of the day for EUR/USD and the busiest for USD/JPY and AUD/USD. Pepperstone’s 0.1 and 0.2 averages were measured across August 2026 as a whole; no broker here publishes a session-by-session breakdown, so if the Asian morning is your window, measure it on a demo at 9am Hong Kong time. Test Pepperstone’s FX and crypto spreads from Hong Kong Open a demo in HKD, watch EUR/USD and USD/JPY through the Tokyo and London opens, and check the BTC/USD spread at midnight on a Saturday. Live pricing, every platform. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. Pepperstone Markets Limited is licensed by the Securities Commission of The Bahamas (SIA-F217). It is not licensed by the Hong Kong SFC.
Which broker has the tightest spreads on USD/CNH and USD/HKD?
USD/CNH, the offshore yuan, is on Pepperstone’s exotics list: 21.7 pips average on Razor and 22.7 on Standard in August 2026, with retail margin of 0.5% on the first USD 250,000 of notional and higher above that. ATFX publishes a USD/HKD minimum of 20 pips. Pepperstone does not offer USD/HKD — it is absent from every tab of its pairs list and from its margin table — which is a real gap for a Hong Kong trader, although the peg makes USD/HKD one of the least-traded majors.
Which forex brokers in Hong Kong offer the highest leverage?
Offshore brokers, because no SFC-licensed firm offers retail CFD leverage at these levels. Pepperstone’s Bahamas entity gives retail clients up to 200:1 on major pairs and professionals up to 500:1; its homepage advertises “up to 1:1000” under its Pro programme, but its own Pro page and costs page cap at 500:1, and we go with the documents. IC Markets, Exness and XM advertise comparable or higher figures on their offshore entities. High leverage is the reason 80% of Pepperstone’s retail accounts lose money, by its own disclosure; it is not something to shop for.
What’s the best forex trading platform?
For a Hong Kong forex trader: MT5 for automation and breadth, cTrader for depth of market, TradingView for charts — and Pepperstone carries all three on one account, with the Traditional Chinese site mirroring the English one and APAC support by WhatsApp, LINE and WeChat. Commission by platform on Razor: USD 3.50 per side on MT5 and the Pepperstone platform, USD 6 round turn on cTrader, USD 7 on TradingView and MT4. Open a Pepperstone account for forex and crypto HKD, USD or JPY base currency, Razor pricing from USD 3.50 per side, 90-plus pairs including USD/CNH and nearly 30 crypto CFDs 24/7. Not SFC-licensed; read the notice below. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. Pepperstone Markets Limited is licensed by the Securities Commission of The Bahamas (SIA-F217). It is not licensed by the Hong Kong SFC.
Which brokers offer crypto CFDs in Hong Kong?
Pepperstone, IC Markets, Capital.com, Exness, XM and Mitrade list crypto CFDs on the sites Hong Kong visitors reach; all are offshore entities. Pepperstone offers BTC and ETH in four currencies, nearly 20 other coins and three crypto indices, 24/7, at 20:1 retail leverage.
What’s the best forex broker in Hong Kong?
On dated published pricing, Pepperstone: 0.1 pips average on EUR/USD and 0.2 on USD/JPY in August 2026 on its Razor account, from USD 3.50 commission per side. It holds no SFC licence; the one SFC-licensed option, ATFX, quotes from 1.8 pips.
Does Pepperstone offer USD/HKD?
No. USD/HKD does not appear in Pepperstone’s pairs list or margin table. USD/CNH is offered, averaging 21.7 pips on Razor in August 2026. ATFX quotes USD/HKD from 20 pips.
What leverage does Pepperstone offer in Hong Kong?
Under its Bahamas entity, retail clients get up to 200:1 on major FX, 200:1 on gold, 100:1 on the HK50 and 20:1 on BTC and ETH, with negative balance protection and a 50% close-out. Professional clients can access up to 500:1.
Which broker has the lowest spreads on BTCUSD?
None of the brokers serving Hong Kong publishes a dated Bitcoin average. Pepperstone quotes BTC/USD from USD 15 on Standard with no commission; compare live on demos.
Are crypto CFDs legal in Hong Kong?
A crypto CFD from an offshore broker is a derivative, not a virtual-asset platform licensed by the SFC. Pepperstone does not restrict Hong Kong clients from crypto CFDs on its site, and says it is your responsibility to check local rules. You cannot withdraw a CFD as coins.