General Information

Company Information

  • Broker's Name : HQBROKER
  • Headquarter : Hong Kong (SAR)
  • Regulation : None

Account Information

  • Type of Broker : ECN/STP
  • U.S. Clients Allowed :
  • Minimum Deposit : 250$
  • Maximum Leverage : 1:1000
  • Commissions / Spreads : Spreads
  • Account 1 : Starter
  • Account 2 : Silver
  • Account 3 : Golden
  • Account 4 : Platinum
  • Demo Account :
  • Islamic Account :
  • Segregated Account :
  • Managed Accounts :
  • Institutional Accounts :
  • Deposit Options :
  • Withdrawal Options :

Instruments Traded

  • ETFs :
  • CFDs :
  • Commodities :
  • Metals :
  • Stocks :
  • Oil :
  • Gold :
  • Binary Options :
  • Indices :

Trading Platforms

  • Type of Platform : MetaTrader 4
    • Platform Languages :
      • English
      • Spanish
      • Arabic
      • Italian
      • French
      • Turkish
      • German
      • Japanese
      • Chinese
      • Russian
      • Portuguese
      • Dutch
      • Greek
      • Malay
      • Thai
      • Bahasa
      • Swedish
      • Polish
      • Hungarian
      • Other
    • OS Compatibility :
      • Mac
      • Windows
      • Linux
      • Mobile
      • Web
      • iPhone
      • iPad
  • Trading Signals :
  • Charting Package :
  • Market Analysis :
  • Chart Trading :
  • Automated Trading :
  • Scalping :
  • Hedging :
  • Mobile Alerts :
  • E-mail Alerts :
  • Trailing Stops :
  • Guaranteed Stop Loss :
  • Guaranteed Execution :
  • One-click Execution :
  • OCO Orders :
  • Interest on Margin :
  • Web-based Trading :
  • Mobile Trading :

Customer Support

    • Website Languages :
      • English
      • Italian
      • French
      • Russian
      • Portuguese
  • Support Hours : 24/5
  • E-mail Support :
  • SMS Support :
  • Chat :

Pros and Cons

  • Competitive Spread
  • Wide Range of Assets
  • Unregulated
  • No Choice of Platform

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HQBROKER, founded in 2017 by a parent company in Hong Kong called Capzone Ltd, is an unregulated Forex and CFD broker headquartered in Hong Kong. They state that they operate a ECN (electronic communications network) model, using STP (straight through processing) technology, without any dealing desk interference, although it seems that the two smaller account types offered work through a dealing desk, as they have floating spreads. A wide range of over 200 assets for trading are offered, in 50 Forex currency pairs, several major stock indices, a wide range of individual stocks, and a few major commodities..



Traders are offered the choice of several different account types to choose from, some of which offer fixed spreads, others offer floating (variable) spreads. No commissions are charged, which is unusual for a broker which claims to be an ECN. Maximum leverage offered on all accounts is a very high 400 to 1 on assets under $10,000 and even higher leverage of 1000 to 1 on assets above that amount. The minimum trade size for Forex is 1 microlot (0.01 full lots), and the maximum trade size on the smallest account is half a full lot.

The smallest account offered is the Starter account, requiring a minimum deposit of $250, followed by the Silver account, which requires a minimum deposit of $5,000. These accounts work with floating spreads, but the Silver account apparently typically provides a spread of approximately 1.2 pips on the benchmark EUR/USD currency pair. ECN-type accounts are offered at higher minimum deposits: the Golden account at $20,000, the Platinum at $50,000, and the Investor account at $100,000. Spreads in these accounts are fixed, typically at 0.8 pips for the benchmark EUR/USD currency pair, which is competitive if true. Traders depositing $100,000 will also get access to a free VPN.

A demo account is available, as is typical with nearly all spot Forex and CFD brokers.



The most notable features of HQBROKER worth emphasizing is that they offer decent liquidity (using a total of 5 different liquidity providers for a smooth flow and few restrictions on trading, on a reasonably wide range of markets. Hedging and certain types of scalping are allowed, but automated trading is not permitted, which is unusual.

HQBROKER offers no choice of trading platforms: the well-known and popular MetaTrader 4 platform is offered in all its several device formats.

HQBROKER keep things relatively simple, so you won’t find many of the bells and whistles that are often touted within the industry. Instead, they emphasize their goals as offering total transparency, and a great service. The transparency comes in the form of both honesty and the no dealing desk, straight through processing prices that are offered for trading.



HQBROKER has an educational offering on their website offering a range of instructional videos, and e-books about Cryptocurrencies and CFDs. There is also a glossary of trading terms likely to be useful to the first-time trader, and current, up-to date news items covering major market developments in near-real time.

Bonuses and Promotions

It is unknown if there are any bonuses and promotions on offer at the time of writing, as they are awarded on a discretionary basis, and not advertised.


Depositing funds into a HQBROKER account is an easy and secure process. Funding can be done using credit cards, debit cards, or wire transfer, as well as the electronic payment methods, Skrill. Withdrawals can be made using the same available mechanisms.

HQBROKER does not impose any minimums requirements on deposits or withdrawals, but the channels themselves may do so.

Customer Support

Customer support is based in Hong Kong, offering 24-hour support while markets are open from Monday morning in Australia to Friday evening in New York.


HQBROKER has a well-rounded yet unregulated offering for traders looking to trade using spot and CFD instrument through a fairly wide range of assets, particularly Forex currency pairs and global equity indices, but notably also a selection of individual major equities and commodities. 

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In terms of features, the stand-out strengths of this broker’s offerings are:

  • Reasonably competitive spreads
  • A choice between Market Maker or ECN account types.
  • A choice between fixed or floating spread account types.
  • A wide range of instruments available for trading: all the major and minor Forex currency pairs up to a total of fifty pairs and crosses, as well as several exotics; also, a good range of global equity indices, plus several major commodities and even individual stocks available as CFDs.
  • An offering of the most popular trading platform in the industry, MetaTrader4.
  • A free educational package.
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The MetaTrader 4 is an independent trading platform, developed for trading FX, commodities and other products and is one of the most advanced and easy platforms to use. It remains the gold standard of trading platforms.

In addition to the wide range of markets available to trade, the MT4 platform provides traders with a multilingual interface, instant execution, built in help guides for MT4 and MetaQuotes Language 4, a complete technical analysis package including a wide range of in-built indicators and charting tools, various custom indicators and time periods and more.

Automated trading is also offered through the MetaTrader 4 platform where traders can create and test their automated trading strategies by using the MetaEditor, Strategy Tester and Compiler tools within the MT4 platform.

With this automated trading system clients may create Expert Advisors, software programs enabling traders to constantly monitor the markets. Custom Indicators help traders to predict future price movements by analyzing past and current price information. And the Scripts feature gives traders the opportunity to set up an automatic repetition of specific operations such as closing all positions with a single keystroke.

MetaTrader Mobile

The MetaTrader 4 and platform apps can be used on iPhones, iPads, Multi-Terminal, and all Android devices. 

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User Reviews

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1 User Reviews

In general, I think this broker is quite good. Low minimum deposit requirement, decent choices of tradable assets, and an easy to use platform. I didn't experience any requotes and hidden costs throughout the 3 months I've been trading with them. There may be times that variable spreads can suddenly become high, but that is during news releases. Good thing at normal market times, the spreads are really tight. If you request for a broker, I advise to ask for Jaco. Very reliable and gives helpful tips on making good trades. I'm now looking to expand to other markets as well and hopefully it turns out just as great.

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