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Best Forex Brokers in China 2026

China does not permit domestic retail forex trading. There is no regulatory framework for retail forex brokers, and the People's Bank of China (PBOC) strictly controls foreign exchange. However, many Chinese traders access forex markets through offshore brokers.

Regulators

Max Leverage

N/A (offshore varies)

Brokers Reviewed

5

Is Forex Trading Legal in China?

Domestic retail forex trading is not permitted. There are no licensed retail forex brokers in mainland China. Trading through offshore brokers exists in a legal gray area.

Despite the restrictions, China has a massive community of retail traders using offshore platforms. Capital controls limit fund transfers abroad, and the regulatory stance could change at any time.

Top 5 Brokers for China Traders

Quick comparison of the top 5 brokers available to China traders.
Feature
IG
IG
Overall 9.2/10
Interactive Brokers
Interactive Brokers
Overall 9.2/10
Saxo Bank
Saxo Bank
Overall 9.0/10
IC Markets
IC Markets
Overall 8.8/10
CMC Markets
CMC Markets
Overall 8.8/10
Overall Score
9.2/10
9.2/10
9.0/10
8.8/10
8.8/10
Spreads From
0.6 pips
0.1 pips
0.4 pips
0.0 pips
0.7 pips
Min Deposit
Lower is better
$250
$0
$2000
$200
$0
Platforms
IG Platform, MT4, ProRealTime, L2 Dealer
TWS, IBKR Mobile, IBKR GlobalTrader
SaxoTraderGO, SaxoTraderPRO
MT4, MT5, cTrader
Next Generation, MT4
Regulation
FCA, ASIC, MAS, BaFin
SEC, FCA, ASIC, MAS, IIROC
FCA, DFSA, MAS
ASIC, CySEC, FSA
FCA, ASIC, BaFin
Markets
17,000+
1,000,000+
72,000+
2,200+
10,000+
#1
I

IG

Est. 1974 · London, UK

FCAASICMASBaFin
9.2
Overall Score

Min Deposit

$250

Spreads From

0.6 pips

Leverage

1:200

Instruments

17,000

#2
I

Interactive Brokers

Est. 1978 · Greenwich, USA

SECFCAASICMASIIROC
9.2
Overall Score

Min Deposit

$0

Spreads From

0.1 pips

Leverage

1:50

Instruments

1,000,000

#3
S

Saxo Bank

Est. 1992 · Copenhagen, Denmark

FCADFSAMAS
9.0
Overall Score

Min Deposit

$2000

Spreads From

0.4 pips

Leverage

1:200

Instruments

72,000

#4
I

IC Markets

Est. 2007 · Sydney, Australia

ASICCySECFSA
8.8
Overall Score

Min Deposit

$200

Spreads From

0.0 pips

Leverage

1:500

Instruments

2,200

#5
C

CMC Markets

Est. 1989 · London, UK

FCAASICBaFin
8.8
Overall Score

Min Deposit

$0

Spreads From

0.7 pips

Leverage

1:500

Instruments

10,000

Tips for China Traders

💡

There are no domestically regulated forex brokers in China

💡

Chinese traders using offshore brokers face capital control challenges

💡

Choose offshore brokers with strong regulation (FCA, ASIC, CySEC)

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Be aware that enforcement of capital controls can affect withdrawals

Frequently Asked Questions

Is forex trading legal in China?

Domestic retail forex trading is not permitted. Many Chinese traders use offshore brokers, but this exists in a legal gray area.

Are there any regulated brokers in China?

No, there are no domestically licensed retail forex brokers. All retail forex activity goes through offshore platforms.

What are the risks of trading from China?

Capital controls, potential regulatory crackdowns, and difficulty moving funds in and out of the country are key risks.