Brokers  /  HSBC

HSBC

Moderate riskBank
🇭🇰 Hong Kong · 5-10 years · since 2017-09-22 · The Hongkong and Shanghai Banking Corporation Limited
This is a bank, not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
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Independent ratingshow third parties score this broker
WikiFX7.23/10
Trustpilot/5
Forex Peace Army/5
🛡️ Been scammed or can’t withdraw from HSBC? Our free assistant writes up your case and shows exactly what to do next →
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HSBC operates in your country (United States) — but holds no local license. You’d likely be onboarded under an offshore entity, which means weaker fund protection. Confirm which entity before depositing.
28
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing3835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration458%
Transparency (site/info/social)5310%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameThe Hongkong and Shanghai Banking Corporation Limited
Headquarters🇭🇰 Hong Kong
Founded2017-09-22
Years operating5-10 years
Employees0
Official websitesecurity.online-banking.hsbc.com.hk
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
Level 11(B1), Main OFFice Tower, Financial Park CoMplex, Jalan Merdeka, 87000 Labuan F.T.

Regulation & licenses · 2

RegulatorLicense typeLicense No.RegionStatus
SFCDerivatives Trading License (AGN)AAA523Hong Kong ChinaRegulated
LFSAMarket Making License (MM)Not disclosedMalaysiaRegulated

Review analysis AI

HSBC Hong Kong is a legitimate global bank with SFC and LFSA licences, but public information on retail forex trading is lacking. The low scam risk score suggests it is not a fraudulent operation, but traders should exercise caution and verify that the specific HSBC entity they use offers forex/CFD services with clear terms. The absence of independent reviews and detailed trading conditions means traders must rely on direct inquiry.

Best for
  • Clients seeking a full-service bank with integrated investment options
  • High-net-worth individuals looking for wealth management and ESG investing
  • Existing HSBC customers wanting convenience in one place
Not for
  • Active retail forex traders needing low spreads and dedicated trading platforms
  • Traders seeking transparent, publicly available forex account details
Period:

Real user reviews

Where HSBC operates

Active across 65 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇭🇰 Hong Kong
🇨🇳 China
🇺🇸 United States
🇸🇬 Singapore
🇨🇦 Canada
🇹🇼 Taiwan
🇦🇺 Australia
🇹🇭 Thailand
🇻🇳 Vietnam
🇮🇳 India
🇯🇵 Japan
🇰🇷 South Korea
🇮🇩 Indonesia
🇮🇹 Italy
🇫🇷 France
🇩🇪 Germany
🇲🇾 Malaysia Licensed
🇨🇭 Switzerland

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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About HSBC

Overview

HSBC is a globally recognized financial institution, with its Hong Kong operations headquartered at hsbc.com.hk. According to regulatory records, the entity registered under this name in Hong Kong was established on 22 September 2017. The company is licensed and regulated by the Securities and Futures Commission (SFC) of Hong Kong under a Derivatives Trading License (AGN) and by the Labuan Financial Services Authority (LFSA) of Malaysia under a Market Making License (MM). Its registered address is in Labuan, Malaysia, at Level 11(B1), Main Office Tower, Financial Park Complex, Jalan Merdeka.

HSBC's Hong Kong branch offers a comprehensive suite of financial services, including banking, investment, lending, credit cards, wealth management, and insurance. The firm also emphasizes environmental, social, and governance (ESG) criteria and sustainable investment options. While HSBC is primarily a retail and commercial bank, the SFC derivatives license indicates that it may offer leveraged forex and derivatives trading to eligible clients, though public details on specific trading accounts are limited.

Regulation and Licensing

HSBC Hong Kong holds two key regulatory licences. The SFC licence (Derivatives Trading License, AGN) authorizes it to engage in derivatives trading, which typically covers forex, CFDs, and other leveraged products. This licence is held in Hong Kong, a well-regarded financial regulatory environment. The LFSA licence (Market Making License) in Malaysia permits market-making activities, likely for forex and commodities.

Given the global stature of the HSBC brand, these licences suggest a high level of regulatory compliance. However, the SFC licence is specifically for derivatives dealing, not a full banking licence, though HSBC itself is a licensed bank. Traders should verify that the specific entity they are dealing with is covered by these licences, as HSBC operates many subsidiaries.

Products and Services

HSBC Hong Kong provides a broad array of financial products. On the banking side, it offers current and savings accounts, mortgages, personal loans, and credit cards. For investors, HSBC provides wealth management services, including mutual funds, bonds, structured products, and insurance. The SFC derivatives licence suggests that forex and CFD trading may be available to clients, possibly through platforms like HSBC's own online trading system or MetaTrader.

In line with global trends, HSBC promotes sustainable and ESG-focused investments, allowing clients to align their portfolios with environmental and social goals. However, specific details on retail forex account types, spreads, or trading platforms are not publicly available from the known facts or web results.

Client Base and Suitability

HSBC is a universal bank serving individuals, high-net-worth clients, corporations, and institutions. Its Hong Kong operations cater to a diverse clientele, from everyday banking customers to sophisticated investors. The availability of leveraged forex and derivatives likely targets more experienced traders who meet eligibility criteria (e.g., professional investors).

Given the limited information on retail forex offerings, HSBC may not be the first choice for active retail forex traders seeking low spreads and specialized platforms. It is better suited for clients who already bank with HSBC and want a consolidated financial relationship, including occasional currency trading.

Conclusion

HSBC Hong Kong is a well-established, multi-licensed financial institution. While it offers derivatives trading under SFC regulation, its primary identity is a bank. Independent public information about its forex/CFD trading conditions is sparse. Traders interested in leveraged products should proactively contact HSBC to confirm product availability, costs, and account requirements. The low FXCanary scam risk score (28/100, Guarded) reflects the firm's strong regulatory standing and brand reputation.

Overview compiled by FXCanary from regulatory records and public data. full HSBC review