Hong Kong Economic Forecast Guide
Updated January 19, 2022
Hong Kong Economic Forecast
The economy of Hong Kong is oriented towards the services sector. That's why it suffered a lot when COVID-19 first appeared in 2020. The economic conditions got so worse that Hong Kong's GDP contracted with a sudden rise in unemployment. Negative growth of such a scale was not seen in the last 60 years.
The only thing that could put Hong Kong's economy back on track is the effective vaccination of the population. For long-term growth, eradicating COVID-19 is a must as without it, no amount of fiscal stimulus is going to help.
For the short term, the most recent 5-year plan will bring rapid growth to the economy. Experts believe that this 14th '5-year plan' will help the GDP to turn from negative to positive in 2021. By 2021, IMF (international monetary fund) expects the GDP to rise by 5%. The unemployment rate may also reach the pre-pandemic levels provided the pandemic situation improves.
Economy In the Year 2020
Even before COVID-19, Hong Kong economy was already under pressure from various negative factors such as:
- Slow economic growth in the world.
- Trade war & geopolitical tension between China and USA.
- Protests and local incidents.
All these factors resulted in negative growth during the Year 2019. At that time, COVID-19 was not present at all. The year 2019 was the first time that the economy contracted instead of a healthy expansion.
In the year 2020, things got worse for the economy as COVID-19 also got involved among the list of already present risk factors. Let's take a look at the important highlights of 2020 for Hong Kong's economy:
Slowdown Of Economic Activities
The negative growth of 2019 was further fueled by pandemic, which plunged Hong Kong's economy into recession. At that time, no effective vaccine was present which forced many countries to impose strict social distancing rules and countrywide lockdowns. These measures appeared to be a double-edged sword... They helped to contain the spread of novel coronavirus but also damaged the economic activities.
The combined Gross Domestic World of all countries declined by 4.4% in 2020. Such an economic decline was not seen since World War II, according to IMF.
Hong Kong is considered an open economy and as such, it relies on both the domestic market as well as other countries. With a decline in the services sector and slowing global growth, Hong Kong GDP also registered negative growth of 9% in 2020. The decline of -9% in the GDP was the greatest decline ever recorded. To put things into perspective, economic contraction during the financial crisis was only 2.5%.
With no tourism, business closures, and decline in the services sector, resulted in depressed private consumption and investments. The SAR government had no choice but to close non-essential businesses such as restaurants and entertainment-focused places. These restrictions ultimately led to negative growth of 11% in consumption (In the first 3 quarters of 2020).
Quarantine measures meant that only a limited amount of people could enter into stores. On top of that, only limited businesses were allowed to operate. All of this led to a sharp decline in retail sales. In the Q1, Q2, and Q3 of 2020, retail sales were down by 27%.
To stop the economy from going into a deeper recession, the SAR government announced a stimulus package worth 300 billion Hong Kong Dollars (HK$).
Rise Of Unemployment
Unemployment is also on the rise as most businesses and industries are already in recession. How new jobs can be created when the GDP is in a decline? Instead of job creation, people actually lose their jobs. This is what's happening in Hong Kong as the unemployment rate reached 6.3% in the year 2020.
Based on IMF data, the number of workers who lost their jobs from the pandemic is more than 240,000. When we look at the 2019 numbers, it becomes clear that the unemployment rate more than doubled in 2020.
The three sectors which witnessed more severe unemployment rates are food, hotels, transport, and retail. On an estimate, around 10% of workers lost their jobs from these sectors.
A closer look at the data shows that the rate of jobless is high in low-income groups as compared to the high-income groups. High-end jobs such as managers, professionals, and admins only recorded around 2.9% unemployment rate.
The workers who are categorized in the low-income groups usually work part-time jobs. With quarantine restrictions, these workers were not able to go to work & working from home was also not possible.
Recovering Trade
Hong Kong is considered a special administrative unit of China and as such, enjoys good trade relations with mainland China.
China was the first country that successfully contained the COVID-19. After containing the virus, economic activities started in China which ultimately helped the merchandise trade of Hong Kong too.
Any strong economic growth directly correlated to the strong economy of Hong Kong as it is a big trade partner of China.
SAR government data shows positive growth of merchandise trade with exports increased by 3.9% in 2020.
We've collected thousands of datapoints and written a guide to help you find the best Hong Kong Economic Forecast for you. We hope that this information assists you in locating a reliable and reputable broker who meets your online trading requirements. We have compiled a list of what we consider the best Hong Kong Investment Platforms below.
Reputable Hong Kong Economic Forecast Checklist
There are a number of important factors to consider when picking an online Hong Kong Investment Platforms trading brokerage.
- Check your Hong Kong Investment Platforms broker has a history of at least 2 years.
- Check your Hong Kong Investment Platforms broker has a reasonable sized customer support of at least 15.
- Does the Hong Kong Investment Platforms broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Check your Hong Kong Investment Platforms broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your Hong Kong Investment Platforms broker have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your Hong Kong Investment Platforms can hire people from various locations in the world who can better communicate in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Our brokerage comparison table below allows you to compare the below features for brokers offering Hong Kong Investment Platforms.
We compare these features to make it easier for you to make a more informed choice.
- Minimum deposit to open an account.
- Available funding methods for the below Hong Kong Investment Platforms.
- What you are able to trade with each brokerage.
- Trading Platforms offered by these brokers.
- Spread type (if applicable) for each brokerage.
- Customer support levels offered.
- We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.
Top 15 Hong Kong Investment Platforms of 2022 compared
Here are the top Hong Kong Investment Platforms.
Compare Hong Kong Investment Platforms min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are Hong Kong Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Hong Kong Investment Platforms that accept Hong Kong Investment Platforms clients
| Broker |
IC Markets
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XTB
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Roboforex
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FP Markets
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Pepperstone
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Plus500
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XM
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EasyMarkets
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Trading212
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SpreadEx
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NordFX
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| Rating | |||||||||||
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa | Cyprus Securities and Exchange Commission (CySEC) | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039), Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules | International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) | Financial Conduct Authority (FCA) | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13 |
| Min Deposit | 200 | No minimum deposit | 1 | 100 | 200 | 100 | 5 | 100 | 1 | 1 | 1 |
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| Used By | 180,000+ | 250,000+ | 10,000+ | 10,000+ | 89,000+ | 15,500+ | 3,500,000+ | 142,500+ | 15,000,000+ | 10,000+ | 10,000+ |
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| Platforms | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps |
| Support |
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| Learn More |
Sign
Up with icmarkets |
Sign
Up with xtb |
Sign
Up with roboforex |
Sign
Up with fpmarkets |
Sign
Up with pepperstone |
Sign
Up with plus500 |
Sign
Up with xm |
Sign
Up with easymarkets |
Sign
Up with trading212 |
Sign
Up with spreadex |
Sign
Up with nordfx |
| Risk Warning | Losses can exceed deposits | 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | Your capital is at risk | Your capital is at risk | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | Losses can exceed deposits |
| Demo |
IC Markets Demo |
XTB Demo |
Roboforex Demo |
FP Markets Demo |
Pepperstone Demo |
Plus500 Demo |
XM Demo |
easyMarkets Demo |
Trading 212 Demo |
SpreadEx Demo |
NordFX Demo |
| Excluded Countries | AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA | US, IN, PK, BD, NG , ID, BE, AU | US, JP | US, JP, NZ | BR, KR, IR, IQ, SY, JP, US | MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE | US, CA, IL, KR, IR, MM, CU, SD, SY | US | US, CA | US, TR | No |
All Hong Kong Investment Platforms in more detail
You can compare Hong Kong Investment Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Hong Kong Investment Platforms for 2022 article further below. You can see it now by clicking here
We have listed top Hong Kong Investment Platforms below.
Hong Kong Economic Forecast Table of Contents
- Hong Kong Economic Forecast Explained
- 6 Factors to Consider when Choosing Hong Kong Economic Forecast
- Are Your Hong Kong Economic Forecast Trusted And Established?
- Are The Hong Kong Economic Forecast World Leading?
- What are the Hong Kong Economic Forecast Commissions and Fees?
- What are the Hong Kong Economic Forecast Funding and Withdrawl Methods?
- Find Hong Kong Economic Forecast with Round-the-clock support?
- Make sure the Hong Kong Economic Forecast Offer Comprehensive Trader resources?
- Why Hong Kong Economic Forecast needs to be regulated?
- Hong Kong Economic Forecast FAQ
- What are the best Hong Kong Investment Platforms brokers?
- What is the best Hong Kong Investment Platform broker?
- Related Hong Kong Economic Forecast Reviews
- Related Hong Kong Economic Forecast Alternatives
- Related Hong Kong Economic Forecast Comparisons
Hong Kong Economic Forecast Explained
Trading the financial markets with Hong Kong Economic Forecast when conditions are volatile can be difficult, even for experienced traders.
Apart from the educational and other resources made available online, another important factor for traders to consider when looking for Hong Kong Economic Forecast is the platform that a Hong Kong Economic Forecast offer.
Choose Hong Kong Economic Forecast that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need Hong Kong Economic Forecast that you can rely on.
6 Factors to Consider when Choosing Hong Kong Economic Forecast
Follow these five rules for selecting a broker that's right for you:
Are Your Hong Kong Economic Forecast Trusted And Established?
Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets. The top rated Hong Kong Economic Forecast broker is IC Markets. Established in 2007, and in operation for 12 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
Another top rated broker is XTB.
XTB was established 2002, and in operation for 16 years XTB have a head office in Poland.
XTB is regulated. This means XTB are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
| Broker |
IC Markets
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XTB
|
Roboforex
|
FP Markets
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Pepperstone
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Plus500
|
| Year Established | 2007 | 2002 | 2009 | 2005 | 2010 | 2008 |
| Head Office | Australia | Poland | Cyprus | Australia | Australia | Israel |
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa | Cyprus Securities and Exchange Commission (CySEC) | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039), Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules |
| Used By | 180,000+ | 250,000+ | 10,000+ | 10,000+ | 89,000+ | 15,500+ |
| Negative balance protection | Yes | Yes | No | Yes | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | No | No | Yes |
| Learn More | Visit IC Markets | Visit XTB | Visit Roboforex | Visit FP Markets | Visit Pepperstone | Visit Plus500 |
| Risk Warning | Losses can exceed deposits | 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. |
Are The Hong Kong Economic Forecast World Leading?
Choose a broker that's at the forefront of innovation and generally considered an industry-leader. IC Markets Segregates clients funds and offers over 232 instruments. IC Markets offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
In addition, the IC Markets platform enables access to a variety of financial markets worldwide. IC Markets is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for Hong Kong Economic Forecast is XTB . XTB Segregates clients funds and offers over 4000 instruments.
| Broker |
IC Markets
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XTB
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Roboforex
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FP Markets
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Pepperstone
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Plus500
|
| Instruments Available | 232 | 4000 | 100 | 100 | 100 | 2000 |
| Platforms | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
| Excluded Countries | US | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR | US, JP | US, JP, NZ | BR, KR, IR, IQ, SY, JP,US | MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE |
| Forex pairs offered | 65 | 57 | 35 | 60 | 70 | 100 |
| Forex pairs offered | 65 | 57 | 35 | 60 | 70 | 100 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies (availability subject to regulation) | Yes | Yes | No | Yes | Yes | Yes |
| Commodities Offered | 19 | 21 | 21 | 18 | 16 | 17 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | No | Yes | Yes | Yes |
| Agricultural | Yes | Yes | No | Yes | No | Yes |
| Stocks Offered | 110 | 1696 | 0 | 10000 | 60 | 1816 |
| UK Shares | Yes | Yes | Yes | Yes | No | Yes |
| US Shares | Yes | Yes | Yes | Yes | No | Yes |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes |
| Japanese Shares | Yes | Yes | Yes | Yes | No | Yes |
What are the Hong Kong Economic Forecast Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Hong Kong Economic Forecast broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
Another top rated Hong Kong Economic Forecast broker XTB offers Forex, CFDs, Cryptocurrency. XTB minimum deposit is 0. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
IC Markets
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XTB
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Roboforex
|
FP Markets
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Pepperstone
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Plus500
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| Min Deposit | 200 | 0 | 1 | 100 | 200 | 100 |
| Withdrawl Fees | No | varies | Yes | No | No | No |
| Inactivity Fees | No | Yes | No | No | Yes | Yes |
| Deposit Fees | Varies | No | No | Yes | No | No |
| CFD Commission Fees | Yes | Yes | No | Yes | Yes | No |
What are the Hong Kong Economic Forecast Funding and Withdrawal Methods?
When dealing with Hong Kong Economic Forecast having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
IC Markets
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XTB
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Roboforex
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FP Markets
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Pepperstone
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Plus500
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| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | No | Yes | Yes | Yes |
| Skrill | Yes | Yes | No | Yes | Yes | Yes |
| Payoneer | No | Yes | Yes | No | Yes | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | No |
Find Hong Kong Economic Forecast with Round-the-clock support?
Customer service is very important when dealing with Hong Kong Economic Forecast.
When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services. It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.
Hong Kong Economic Forecast customer support can include Phone answering services, Live chat support and Email customer service support.
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
XTB support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
IC Markets and XTB offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
IC Markets
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XTB
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Roboforex
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FP Markets
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Pepperstone
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Plus500
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| Support |
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| Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, Spanish, Portuguese, Romanian, Bulgarian, Arabic, Russian, French, Italian, Greek, Philippines, Latvian, Polish,Indonesian, Thai, Malay, German, Vietnamese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, French, Italian, Spanish, Portuguese, German, Dutch, Polish, Arabic, Hebrew, Danish, Norwegian, Czech, Slovak, Bulgarian and Chinese |
| Learn More | Visit IC Markets | Visit XTB | Visit Roboforex | Visit FP Markets | Visit Pepperstone | Visit Plus500 |
| Risk Warning | Losses can exceed deposits | 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. |
Make sure the Hong Kong Economic Forecast Offer Comprehensive Trader resources?
Make sure your broker offers free resources like analysis, education and risk-management tools. With a wealth of knowledge from top analysts, IC Markets and XTB work together to bring the latest news and insights to traders.
For most traders, the first – and sometimes only – concern is pursuing their 'edge'. While that is surely important, along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation. As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as selecting the best broker to access the markets.
Why Hong Kong Economic Forecast needs to be regulated?
A regulated Hong Kong Economic Forecast broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
Hong Kong Economic Forecast brokers are regulated to stop fraud. The agent's working capital and clients funded account have to be separated. This amounts to fraud if client money is used to conduct the business. Regulation is required to make sure this does not happen.
Hong Kong Economic Forecast List
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, MacCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Plus500 offer a 100% Free and Unlimited Demo account No Deposit fees/Commissions No hidden fees Competitive fees Tight Spreads
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
