Top Rated Options Sites
#1 - Pocket Option: Best Overall
Editors Summary
Pocket Option offers many excellent features to new and existing traders. When you check-out the various account types, you will see that they work with traders of any level – newbie, beginner, experienced, master etc. This site is so easy to use, and while CySEC does not license them, they have good feedback online and tick all of the boxes of a trusted broker. We love the ease of use and no-frills approach which is replicated with a great user experience.
#2 - Binarium: Best Free Demo
Editors Summary
Binarium seems to offer everything that both the new and experienced trader needs. From the types of accounts and options available to the mobile offering and bonuses, they tick all of the usual boxes. While they don't have a CySEC or ASIC license, the fact that they have been operating for so long with a good name should be an indicator that they are trustworthy and reliable. If you want a broker that offers a good, all-around experience, then Binarium must make your shortlist.
#3 - IQcent: Best Mobile App
Editors Summary
It is clear to see that IQcent mean business and that their all-around offering to traders is making them a serious competitor in the digital options market place. From their easy to use trading platform to the fact that they offer such good withdrawal terms, you can't help but feel that this broker is going to capture the market, quickly. With a base in London, reputable licensing, an acceptance of US customers they tick all the boxes when it comes what traders want.
Risk Warning: The products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.
Ad Disclosure: Some of the links that you will find on this website are advertisements for which we do receive financial gain for referring new customers.
Options Sites in Hong Kong

Hong Kong citizens are blessed to live in one of the world’s most financially-lenient locations. While this means that they enjoy high incomes and low taxes, it also means that they are targets for predatory investment companies and are potentially vulnerable to scam operations. Some forms of trading are overseen by the SFC (Securities and Futures Commission), but binary options are not. Making it doubly important for you to select the best possible broker you can find.
Customer Service
Customer service may be the last thing on your mind when you are selecting a broker, but peace of mind when you are trading is all-important. A big part of that is knowing that there is customer support readily available, should you ever need it. It is worth checking if the brokers that interest you can offer instant access, either by phone or instant chat, for a substantial period of the day.
Great Bonuses
Some binary options brokers offer welcome bonuses; others do not. Although it may seem tempting to get ‘something for nothing’ it may be the case that the restrictions on that sort of free trade are not worthy of the amount on offer. Consistent good spreads and diversity of trading opportunities are often more valuable to traders over time.
Trades Available
Perhaps you have specific goals in mind when you enter the world of binary options, or maybe you would like to see the maximum amount of assets and opportunities so that you can vary your trading. As with most other businesses, brokers vary in terms of what they offer, so we always suggest that you check the availability and diversity of trades suits your specific needs before committing.
Choosing a Broker Wisely
Because you can elect to trade with any broker in the world that offers services to Hong Kong, in some ways, this leaves you slightly vulnerable. It means that you are more likely to be approached by dubious brokers who are not regulated, meaning that your money and security are at risk. If you receive any unsolicited contact, we strongly recommend that you do not respond. You should choose your broker, not the other way around.
Broker Fees And Tax
Although the format does vary, you will be liable for some fees applied to your binary options trading account. Some brokers operate a commission-based fee structure, while others may levy a fixed amount per trade.
Also, you may encounter charges for currency conversion, making withdrawals or for long trades. A good broker will make its fee structure entirely transparent before you are required to make a formal commitment; any broker that does not do so is probably best avoided.
Hong Kong citizens already enjoy some of the lowest personal taxations in the world. Better still, at the time of writing, binary options are not considered as an ‘income’ unless you are a professional trader and they form a part of your portfolio. As this status may change in the future, we do recommend that you keep a record of your trading transactions, which is always a good practice to follow anyway.
Hong Kongese Licencing
Since its inception in 1989, many forms of trading and financial transactions come under the umbrella of the Securities and Futures Commission (SFC). However, binary options have slipped through the net in that respect and there are no clear guidelines as to whether they constitute a method of financial investment or a form of gambling
While there is no formal licensing in place, the SFC does maintain an ‘Alert List’ of any suspect brokers that have come to its attention, as well as advice on how to avoid scams. You should be aware that the list is a long one, broken down alphabetically with many entries under each letter, but do not omit to check any broker against it before investing with them.
Although the SFC does not offer any guidance as to which are the best licensing authorities, the following list comprises the five considered to be the most stringent in the world:
- Cyprus (CySEC)
- Australia (ASIC)
- EU Countries (MiFID)
- UK (FCA)
- United States (CFTC)
You are fully entitled to trade with any broker you wish, but these authorities will offer the best level of protection to you.
Being a citizen of Hong Kong means that you can trade with any broker, anywhere in the world.
How we Recommend Brokers
Being a citizen of Hong Kong means that you can trade with any broker, anywhere in the world. In a way, this makes our job more straightforward, as we can concentrate on brokers which are the most suitable for your safety and enjoyment, rather than choosing from a restricted list applicable to your country. We have a panel of expert reviewers who look carefully at brokers and assess them on many different factors, meaning that you can make an informed choice without doing all the research.
Above all, we want your experience to be as enjoyable and stress-free as possible, and there are many ways in which we aim to achieve this. Our primary search is licensing and we generally look for brokers that operate under one of the more stringent authorities, meaning that you will have the best possible ‘back up’ in several ways. As well as checking that the broker is currently licensed, we also ensure that they have kept to regulations and have not been blacklisted or reprimanded for misdemeanours.
Our list is by no means exhaustive, but we put the website and data security high on our list of ‘must-haves’, as is a customer support service that is easy to contact, knowledgeable and able to interact with you in a way you can understand. We also know that mobile accessibility and user friendly platforms is of paramount importance to many traders, so we ensure that the broker can offer an equal and reliable service to mobile device users. Last, but not least, we look for overall fee transparency, diversity of assets to trade and the availability of self-help features such as FAQs and trial platforms.
Frequently Asked Questions

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Is binary trading in Hong Kong legal and safe?
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You are legally permitted to trade in binary options with an offshore broker. It is only illegal if the broker is Hong Kong-based. Trading is much safer with a broker regulated under a stringent authority, choose wisely.
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Do I need to pay fees and taxes on my trading profits?
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There will be broker fees to pay and these will vary, so always check before committing to a trade. Personal taxation in Hong Kong is very lenient and profit from binary options is not taxed unless trading constitutes your sole income.
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Can I test brokers before trading with real money?
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Almost every reliable binary options broker will give you the chance to try out trading using virtual currency. We recommend that you avoid any brokers that do not have this option, or only offer a brief trial period.
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Is it easy to make deposits and withdrawals?
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Most brokers offer a great selection of options in terms of depositing to your account and withdrawing profits. The most popular are credit/debit card, bank transfer and e-wallets such as PayPal and Neteller. Should you wish to use a less mainstream payment method like cryptocurrency, you may need to search a little harder.
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Can I trade using my mobile or tablet device?
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With such a high percentage of Hong Kong citizens reliant on mobile devices, all good brokers will provide a high-quality service. This may be a mobile-optimised website or a downloadable App. Some even have both, but If you have a preference, make sure that you check.
Top Rated Options Site
#1 - Pocket Option: Best Overall
Risk Warning: The products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.
Ad Disclosure: Some of the links that you will find on this website are advertisements for which we do receive financial gain for referring new customers.

Robert has consulted for our website for five years and is a well-established member of the team. While he is passionate about the site, most of Robert’s time is focused on his current position as CEO of a professional coaching company.