Brokers  /  Innovax

Innovax

Moderate riskStockbroker
🇭🇰 Hong Kong · 5-10 years · since 2020-02-20 · Innovax Holdings Limited
This is a stockbroker, 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
WikiFX1.56/10
Trustpilot/5
Forex Peace Army/5
🛡️ Been scammed or can’t withdraw from Innovax? Our free assistant writes up your case and shows exactly what to do next →
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No sign that Innovax actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
37
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • Withdrawal complaints in ~200% of recent reviews
  • 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 & licensing5535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints2412%
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 nameInnovax Holdings Limited
Headquarters🇭🇰 Hong Kong
Founded2020-02-20
Years operating5-10 years
Employees0
Official websiteinnovax.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
Unit A-C, 20/F, Neich Tower, 128 Gloucester Road, Wanchai, Hong Kong

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
SFCDerivatives Trading License (AGN)BNS087Hong Kong

Review analysis AI

Innovax is a legitimate, SFC-licensed stockbroker and investment bank operating in Hong Kong. Its regulatory status and exchange listing provide a degree of transparency and oversight. However, the firm does not offer retail forex or CFD trading, limiting its appeal to traders seeking those products. With an FXCanary Scam Risk Score of 37/100 (Guarded), the broker presents a moderate risk profile, typical of established but niche financial intermediaries.

Best for
  • Hong Kong securities and futures trading
  • Corporate finance advisory and IPO services
  • Regulated, SFC-licensed brokerage
Not for
  • Retail forex or CFD traders
  • Traders seeking high-leverage products
  • International clients outside Hong Kong
Period:
What users complain about
Where reviewers are from
Hong Kong1

Real user reviews

Where Innovax operates

Active across 1 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 Licensed 1 complaint

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.

Similar brokers

What Innovax says about itself as stated by the broker · not independently verified by FXCanary

About Us

Innovax states that it is a listed company on the Main Board of the Stock Exchange (stock code: 2680.HK), licensed with the SFC to carry out Type 1 (dealing in securities), Type 4 (advising on securities), Type 6 (corporate finance), and Type 9 (asset management) regulated activities. It is also admitted as a Stock Exchange Participant and a direct clearing participant of HKSCC, providing an integrated platform for financial and securities services in Hong Kong.

Services Offered

According to its website, Innovax's financial and securities services include investment banking (corporate finance advisory and equity capital market), brokerage (securities trading, securities financing), research, and asset management. It also offers futures trading under Type 2 licence, and provides securities dealing and brokerage services to clients for trading in securities.

Trading Platform and Customer Support

The broker claims to provide a reliable trading platform and latest market data through well-known trading systems providers, with flexible cross-platform brokerage solutions. Clients can place orders via a sales hotline or online trading platform. The website mentions a customer dedicated line and email support.

Accreditations and Compliance

Innovax states that each of its subsidiaries is licensed by the SFC. Additionally, Innovax Capital Limited and Innovax Securities Limited have completed filing requirements with the China Securities Regulatory Commission for offshore securities activities as sponsor or lead underwriter in offshore offerings by PRC domestic companies.

Fee Schedule and FAQ

The website includes a fee schedule (content not detailed in extracted text) and an FAQ section that explains how to place orders, modify or cancel orders, and view quotes. The trading system supports Hong Kong stocks, warrants, CBBCs, and ETFs.

About Innovax

Company Overview

Innovax Holdings Limited (Innovax) is a Hong Kong-based financial services firm established on 20 February 2020. The company is publicly listed on the Main Board of the Stock Exchange of Hong Kong under the stock code 2680.HK. It operates from offices at Unit A-C, 20/F, Neich Tower, 128 Gloucester Road, Wanchai, Hong Kong.

Innovax positions itself as an integrated platform offering a range of financial and securities services. The firm is regulated by the Securities and Futures Commission (SFC) of Hong Kong, holding licences for Type 1 (dealing in securities), Type 2 (dealing in futures contracts), Type 4 (advising on securities), Type 6 (advising on corporate finance), and Type 9 (asset management) regulated activities.

Regulatory Profile

Innovax is regulated by the SFC, a well-regarded regulatory authority. The SFC licence covers multiple regulated activities, reflecting the firm's involvement in securities dealing, futures brokerage, corporate finance advisory, and asset management. Additionally, the broker is a Stock Exchange Participant and a direct clearing participant of HKSCC.

As part of its compliance, Innovax has also completed the filing requirements with the China Securities Regulatory Commission for acting as a sponsor or lead underwriter in offshore listings by PRC domestic companies. This regulatory footprint indicates a legitimate and established operation within Hong Kong's financial market.

Services and Product Offerings

Innovax provides investment banking services, including corporate finance advisory and equity capital market services. Its brokerage services cover securities trading, futures trading, IPO subscription, and margin financing. The firm also offers research and asset management services.

On the trading side, the broker supports Hong Kong stocks, warrants, CBBCs, and ETFs. Futures trading is available under the Type 2 licence. The trading platform is provided by well-known systems, and clients can access it via an online trading portal or through a dedicated customer service hotline.

Account Types and Funding

Innovax's website mentions the process of opening securities and futures trading accounts but does not detail specific account tiers or minimum deposit requirements. Clients can fund their accounts and place orders through the online trading system or by contacting the sales team directly.

The broker also provides securities financing (margin financing) services, allowing clients to leverage their investments. Further details on account minimums, fees, and financing terms are available in the fee schedule section of the website.

Target Audience

Innovax caters to a diverse clientele including individual investors, corporations, and institutional investors. Its services are designed to meet the needs of clients looking for securities and futures trading, as well as those seeking corporate finance advisory and asset management.

The broker emphasises a personalised approach, with a professional customer service and sales team to assist clients. While it primarily serves Hong Kong-based clients, the completion of CSRC filings suggests it also targets PRC domestic companies and investors.

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