What is the SFC Type 3 Leveraged Foreign Exchange Trading licence in Hong Kong?
How this answer was verified
- Cross-checked against broker-published fact sheets, regulator licensing databases, and ESMA product intervention notices.
- Reviewed by the FX-Brokers EU editorial desks (Markets, Platforms, Regulation). Desk structure disclosed at /about/editorial-desks.
- Refreshed quarterly. The most recent verification date is shown above. Read our methodology.
Related
What are the MAS leverage limits for Singapore retail forex traders?
Singapore MAS caps retail forex CFD leverage at 20:1 on Specified Investment Products (SIP). This is stricter than ESMA (30:1) and applies to all MAS-licensed retail brokers. Suitability assessment (CKA — Customer Knowledge Assessment) is mandatory before opening a leveraged account.
What is the best forex broker for Asian traders in 2026?
For Singapore (MAS) traders the top pick is IG Singapore — MAS Capital Markets Services licensed, deep liquidity, 17,000+ instruments. For Hong Kong (SFC), Saxo Hong Kong leads on Type 3 licence + banking-grade safeguards. For Australia (ASIC), Pepperstone or IC Markets. APAC retail FX leverage is capped at 20:1 (MAS, SFC) or 30:1 (ASIC) — stricter than ESMA in two of three jurisdictions.
How do I verify a forex broker license is real?
Look up the license number on the regulator official register. FCA: register.fca.org.uk. CySEC: cysec.gov.cy/en-GB/entities/investment-firms. BaFin: portal.mvp.bafin.de. ASIC: asic.gov.au/online-services. The broker entity name must match exactly. Cross-reference license dates and any restrictions or warnings.
Article: Forex Brokers in Singapore 2026 — MAS Type 3 Licence vs Offshore Solicitation
Singapore retail forex is restricted to MAS-licensed Capital Markets Services holders dealing in leveraged foreign exchange. The MAS Financial Institutions Directory is the canonical register. Retail leverage is capped at 20:1 on Specified Investment Products. Offshore solicitation is a real risk in 2026.
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