If you live in Hong Kong, the first question you need to ask is whether you should trade on your own or with a broker. This has nothing to do with trust issues, but you can get information from different sources with the level of information. As a rule of thumb, if the trader is an adult resident of Hong Kong, trading on their own from their HK-based computer does not require any license.
We’ll discuss this more in a minute, but basically, a Forex dealer needs a special license to accept payments and manage accounts of non-residents—to wit: non-Hong Kong residents.
Who would benefit from trading with a broker?
Many people don’t have much time to monitor the news or follow other analysis methods. Since you can’t afford to miss even a single 1-minute candle, it might be worth paying someone else to do your trading for you. Many …