Securities and Futures Commission
SFC · Hong Kong · Established 1989
Securities and Futures Commission (SFC) is the financial regulator of Hong Kong, established 1989. It caps retail leverage at 1:20, requires negative balance protection and segregated client funds, and compensates clients up to HKD 500,000 if a firm fails.
Official register
Check a firm's licence yourself
What this licence gets you
The rules a firm has to follow to keep this licence. A dash means we hold no answer on file, which is not the same as a no.
- Maximum leverage, retail
- 1:20
- Maximum leverage, professional
- 1:100
- Compensation if the firm fails
- HKD 500,000
- Negative balance protection
- Required
- Client funds held separately
- Required
- Hedging
- Permitted
- FIFO order closing
- Not mandatory
- Supervision covers
- Securities, Futures, Asset Management
- Body type
- Independent
About SFC
The SFC regulates Hong Kong's securities and futures markets. Known for maintaining market integrity and protecting investors in one of Asia's largest financial centers.
- Investor compensation fund
- Strict licensing
- Regular inspections