Hang Seng

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Written By
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Written By
Jemma Grist
Jemma is a writer, editor and fact-checker focused on retail trading and investing. Jemma brings a unique perspective to the forex, stock, and cryptocurrency markets and works across several investment websites as a researcher and broker analyst.
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Edited By
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Edited By
Tobias Robinson
Tobias is a partner at DayTrading.com, director of a UK limited company and active trader. He has over 25 years of experience in the financial industry and contributed via CySec to the regulatory response to digital options and CFD trading in Europe. Toby’s expertise and dedication to financial education make him a trusted voice in the industry, including a BBC investigation into digital options.
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Fact Checked By
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William Berg
William contributes to several investment websites, leveraging his experience as a consultant for IPOs in the Nordic market and background providing localization for forex trading software. William has worked as a writer and fact-checker for a long row of financial publications.
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Hang Seng brokers allow traders to track the changes of the 50 largest and liquid companies on the Hong Kong Stock Market. The Hang Seng Index (HSI) is a market capitalization-weighted stock market index, and whilst it is the most quoted measure of Hong Kong’s economic performance, it also attracts aspiring day traders looking to yield profits from short-term price fluctuations via online brokers.

This page will cover how to review and compare the best brokers with access to the Hang Seng. We also look at the origins of the index and its purpose, plus charts, forecasts, trading hours, and our top tips.

Hang Seng Brokers

These are the 4 best brokers for trading on the Hang Seng:

Click a broker for details
  1. 1
    FOREX.com
    Active Trader Program With A 15% Reduction In Costs

    Ratings
    4.9 / 5
    4 / 5
    4.3 / 5
    4.6 / 5
    4.6 / 5
    4.3 / 5
    4.8 / 5
    4.5 / 5
    3.6 / 5
    3.8 / 5

    $100
    0.01 Lots
    1:50
    NFA, CFTC
    Forex, Stocks, Futures, Futures Options
    MT4, MT5, TradingView, eSignal, AutoChartist, TradingCentral
    Wire Transfer, Credit Card, Debit Card, Visa, Mastercard, Skrill, Neteller, ACH Transfer
    USD, EUR, GBP, CAD, AUD, JPY, CHF, PLN
  2. 2
    DNA Markets

    Ratings
    3 / 5
    4 / 5
    4 / 5
    3.9 / 5
    3.5 / 5
    3.6 / 5
    1.8 / 5
    1.6 / 5
    4.8 / 5
    4.4 / 5

    $100
    0.01 Lots
    1:500
    ASIC
    CFDs, Forex, Indices, Commodities, Stocks, Crypto
    MT4, MT5
    Credit Card, Debit Card, Wire Transfer, BPAY, Skrill, Neteller, Bitcoin Payments, Bitwallet, AstroPay, Mastercard
    USD, EUR, GBP, CAD, AUD, NZD, SGD
  3. 3
    ForexChief
    $100 No Deposit Bonus

    $10
    0.01 Lots
    1:1000
    VFSC
    CFDs, Forex, Metals, Commodities, Stocks, Indices
    MT4, MT5
    Wire Transfer, Bitcoin Payments, Credit Card, UnionPay, Skrill, Neteller, WebMoney, Perfect Money, Debit Card, Ethereum Payments, FasaPay, Volet
    USD, EUR, GBP, JPY, CHF
  4. 4
    Plexytrade
    120% Cash Welcome Bonus

    Ratings
    1.5 / 5
    2.5 / 5
    2.5 / 5
    3.3 / 5
    2.5 / 5
    3.5 / 5
    0.5 / 5
    0.5 / 5
    4.8 / 5
    4.7 / 5

    $50
    0.01
    1:2000
    Unregulated
    CFDs, Forex, Indices, Stocks, Commodities, Crypto
    MT4, MT5
    Bitcoin Payments, Ethereum Payments
    USD, EUR

Here is a summary of why we recommend these brokers:

  1. FOREX.com - Founded in 1999, FOREX.com is now part of StoneX, a financial services organization serving over one million customers worldwide. Regulated in the US, UK, EU, Australia and beyond, the broker offers thousands of markets, not just forex, and provides excellent pricing on cutting-edge platforms.
  2. DNA Markets - DNA Markets is a forex and CFD broker established in 2020. The broker operates two entities in Australia and the offshore jurisdiction, St Vincent and the Grenadines. Traders can access 800+ markets, with a Standard account for beginners and a Raw account for experienced traders. The reliable MetaTrader 4 and MetaTrader 5 platforms are available, alongside Signal Start.
  3. ForexChief - xChief is a foreign exchange and CFD broker, established in 2014. The company is based offshore and registered with the VFSC and FMA. Users can choose between a wide selection of accounts and base currencies, making ForexChief accessible to global traders. The brand also stands out for its no deposit bonus and fee rebates for high-volume traders.
  4. Plexytrade - Established in 2024 and headquartered in Saint Lucia, Plexytrade is an ECN/STP broker. Geared towards active traders, it supports four account options, crypto deposits and withdrawals, plus very high leverage up to 1:2000 made possible by its unregulated status.

FOREX.com

"FOREX.com remains a best-in-class brokerage for active forex traders of all experience levels, with over 80 currency pairs, tight spreads from 0.0 pips and low commissions. The powerful charting platforms collectively offer over 100 technical indicators, as well as extensive research tools."

Christian Harris, Reviewer

FOREX.com Quick Facts

Bonus OfferActive Trader Program With A 15% Reduction In Costs
Demo AccountYes
InstrumentsForex, Stocks, Futures, Futures Options
RegulatorNFA, CFTC
PlatformsMT4, MT5, TradingView, eSignal, AutoChartist, TradingCentral
Minimum Deposit$100
Minimum Trade0.01 Lots
Leverage1:50
Account CurrenciesUSD, EUR, GBP, CAD, AUD, JPY, CHF, PLN

Stock Exchanges

FOREX.com offers trading on 14 stock exchanges:

  • Australian Securities Exchange (ASX)
  • Borsa Italiana
  • CAC 40 Index France
  • DAX GER 40 Index
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • Hang Seng
  • Hong Kong Stock Exchange
  • IBEX 35
  • Japan Exchange Group
  • Nasdaq
  • S&P 500
  • SIX Swiss Exchange

Pros

  • There’s a wealth of educational resources including tutorials, webinars, and a stacked YouTube channel to help you get educated in the financial markets.
  • Alongside a choice of leading platforms, FOREX.com offers a superb suite of supplementary tools including Trading Central research, SMART Signals pattern scanner, trading signals, and strategy builders.
  • The in-house Web Trader continues to shine as one of the best-designed platforms for aspiring day traders with a slick design and over 80 technical indicators for market analysis.

Cons

  • Despite increasing its range of instruments, FOREX.com's product portfolio is still limited to forex and CFDs, so there are no options to invest in real stocks, real ETFs or real cryptocurrencies.
  • Demo accounts are frustratingly time-limited to 90 days, which doesn’t give you enough time to test day trading strategies effectively.
  • There’s no negative balance protection for US clients, so you may find yourself owing more money than your initial deposit into your account.

DNA Markets

"DNA Markets is an excellent choice for short-term traders familiar with the MetaTrader platforms. The smooth sign-up process also makes it easy to get started while the $100 minimum deposit is accessible. That said, DNA Markets trails the top brokers in education, research and mobile trading. "

Jemma Grist, Reviewer

DNA Markets Quick Facts

Demo AccountYes
InstrumentsCFDs, Forex, Indices, Commodities, Stocks, Crypto
RegulatorASIC
PlatformsMT4, MT5
Minimum Deposit$100
Minimum Trade0.01 Lots
Leverage1:500
Account CurrenciesUSD, EUR, GBP, CAD, AUD, NZD, SGD

Stock Exchanges

DNA Markets offers trading on 14 stock exchanges:

  • Australian Securities Exchange (ASX)
  • CAC 40 Index France
  • DAX GER 40 Index
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • Hang Seng
  • Japan Exchange Group
  • Nasdaq
  • New York Stock Exchange
  • Russell 2000
  • S&P 500
  • SIX Swiss Exchange
  • Toronto Stock Exchange

Pros

  • After a recent upgrade, there are now over 800 assets available to trade via CFDs, with a particularly impressive range of 120+ cryptos
  • DNA Markets offers top-rate platforms and charting tools for day traders with access to MT4 and MT5
  • Short-term trading strategies are permitted including scalping and automated trading using Expert Advisors (EAs)

Cons

  • Despite access to MT4 and MT5, there is no proprietary trading app for seamless account management whilst on the go
  • Unlike many alternatives, there are limited educational and research tools for traders seeking an all-in-one solution
  • Although it continues to strengthen its client base and reputation, DNA Markets lacks the track record of top brokers like Vantage

ForexChief

"xChief continues to prove popular with investors looking to trade highly leveraged CFDs on the popular MetaTrader platforms. The broker's rebate scheme and investment accounts will particularly appeal to seasoned traders. However, the lack of top-tier regulatory oversight is a major drawback."

William Berg, Reviewer

ForexChief Quick Facts

Bonus Offer$100 No Deposit Bonus
Demo AccountYes
InstrumentsCFDs, Forex, Metals, Commodities, Stocks, Indices
RegulatorVFSC
PlatformsMT4, MT5
Minimum Deposit$10
Minimum Trade0.01 Lots
Leverage1:1000
Account CurrenciesUSD, EUR, GBP, JPY, CHF

Stock Exchanges

ForexChief offers trading on 14 stock exchanges:

  • Australian Securities Exchange (ASX)
  • CAC 40 Index France
  • DAX GER 40 Index
  • Deutsche Boerse
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • Hang Seng
  • Hong Kong Stock Exchange
  • IBEX 35
  • Japan Exchange Group
  • Nasdaq
  • New York Stock Exchange
  • S&P 500

Pros

  • The broker offers several account types to suit different traders, including a Cent account for beginners and pro-level hedging/netting accounts
  • Traders can access a copy trading solution via the MetaQuotes Signals service
  • The low minimum deposit of $10 will appeal to beginners, as well as the beginners’ guides in the Library

Cons

  • The total range of 150+ assets is much lower than most competitors who typically offer hundreds
  • Fees and minimums are imposed on most withdrawal methods, including a €60 minimum for SWIFT bank transfers
  • The broker trails competitors when it comes to research tools and educational resources

Plexytrade

"Plexytrade is a newcomer in the brokerage scene with attention-grabbing features like 1:2000 leverage, zero spreads on select instruments and fast execution speeds of less than 46 milliseconds. However, the absence of regulation is a significant concern, while the non-existent research and educational tools place it far behind industry frontrunners."

Christian Harris, Reviewer

Plexytrade Quick Facts

Bonus Offer120% Cash Welcome Bonus
Demo AccountYes
InstrumentsCFDs, Forex, Indices, Stocks, Commodities, Crypto
RegulatorUnregulated
PlatformsMT4, MT5
Minimum Deposit$50
Minimum Trade0.01
Leverage1:2000
Account CurrenciesUSD, EUR

Stock Exchanges

Plexytrade offers trading on 15 stock exchanges:

  • Australian Securities Exchange (ASX)
  • CAC 40 Index France
  • DAX GER 40 Index
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • Hang Seng
  • Hong Kong Stock Exchange
  • IBEX 35
  • Japan Exchange Group
  • Nasdaq
  • New York Stock Exchange
  • Russell 2000
  • S&P 500
  • SIX Swiss Exchange

Pros

  • Plexytrade accommodates a range of trading methods and short-term strategies, including scalping, hedging, and automated trading.
  • Plexytrade offers among the highest leverage we’ve seen, up to 1:2000, catering to advanced traders willing to forego regulatory protections.
  • US residents are accepted as clients, distinguishing Plexytrade as one of the rare offshore brokers that cater to US-based traders.

Cons

  • With around 100 instruments, Plexytrade restricts the flexibility of investors who prefer to trade across various assets, especially compared to Blackbull with its 26,000 securities.
  • There are no research and educational materials, falling short of alternatives like IG, while access to the economic calendar is restricted to clients with balances of $500.
  • Plexytrade lacks regulation in major jurisdictions, significantly increasing the risks of opening an account and depositing funds.

Comparing Hang Seng Brokers

Day trading on the Hang Seng is relatively straightforward. However, before you put your strategy to the test, you will need an online broker that can cater to your needs. But with so many Hang Seng brokers out there, how do you know what to look for? We cover some of the main considerations below:

What Is The Hang Seng?

The HSI is a free float-adjusted market capitalization-weighted stock market index. It looks to represent the biggest movers and shakers found on the Hong Kong exchange. It currently accounts for around 65% of the exchange’s total market capitalization.

Members of the Hang Seng are broken down into four sub-indices:

Leading Hang Seng brokers offer stocks on companies that form each of these four industries.

A Brief History

The HSI was first published on the 24th November 1964. It is managed by Hang Seng Indexes Company Limited, a subsidiary of the Hang Seng Bank, which is headquartered in central Hong Kong. The bank is currently one of the largest banks by market capitalization listed in Hong Kong.

Its responsibilities also include the maintenance and publishing of a number of other Hang Seng stock indexes:

Hong Kong Stock Exchange

Its humble beginnings trace back to the founding of China’s first formal securities market, the Association of Stockbrokers in Hong Kong, in 1891, and a second market that opened in 1921, merged to create the Hong Stock Exchange in 1947.

Today you will find around 1,200 companies listed on the exchange at Hang Seng brokers. There are several key dates to be aware of:

Economic Gauge

Whilst the index is supposed to provide a snapshot of the health of Hong Kong’s stock market, it also serves another purpose. Because of Hong Kong’s status as a special administrative region of China, both economies are closely linked.

So, the index serves as a proxy for the wider Asian market. In particular, China’s stock market, which is often mispriced as a result of capital restrictions. This also means you will find many large Chinese companies listed on the Hong Kong Exchange at Hang Seng brokers.

On top of the most frequently quoted Hang Seng Index, there also exist a number of other major related indices, including smallcap and midcap indexes. Note, not all Hang Seng brokers offer access to every product.

All the indices below provide access to mainland and China-affiliated companies. These are, the Hang Seng:

How It Works

Capitalization-Weighted

To understand how the Hang Seng operates, you first need to know how capitalization-weighted indices work. Quite simply, the index lists components in order of total market capitalization. So, the biggest constituents hold a higher percentage weighting, whilst the smaller constituents carry lower weights.

Many of the global markets today have indices that work in this manner. These include the FTSE 100, S&P 500, and the Nasdaq.

Calculation

Finding the value of a capitalization-weighted index is relatively straightforward. You simply need to multiply each constituents’ market price by the total outstanding shares, to give you the total market value. The size of this value in comparison to the overall market value of the listed companies, will then give you a component’s weight.

The best Hang Seng brokers offer straightforward metrics and stats on the weight of companies listed.

Classification System

The Hang Seng further divides components into different sectors. To do that, it uses the Hang Seng Industry Classification System (formerly the Hang Seng Stock Classification System), created by Hang Seng Indexes Company Limited.

Classification guidelines are relatively simple. They consider the following factors:

Below is a list of industry sectors:

Admission Criteria

For a Hang Seng nominee to warrant entry, they have to meet a number of criteria:

Once a company has ticked the initial boxes, a final decision is made based on market capitalization, turnover rankings, reflections of the sub-sectors in question, plus financial performance.

Performance

Hang Seng brokers and websites publish prices, results and key performance details. Some of the highs and lows have been as follows:

Biggest Players

The largest 30 constituents that have featured on the Hang Seng in recent years are as follows:

Many of the top Hang Seng brokers will provide detailed insights into leading stocks, along with key financial metrics.

Hang Seng Trading Hours

The timeline for the standard market day goes as follows:

Opening hours in GMT are 02:45 – 05:30 for the first session and 07:30 – 09:15 for the second session.

Admittedly, trading from Singapore may offer more sociable working hours than if you are based in the UK or Europe, but this doesn’t appear to be deterring too many traders. Also note, no trading will take place during market holidays. This, plus all intraday timelines, will be reflected within your Hang Seng brokers calendar.

Hang Seng Live Chart

Why Day Trade The Hang Seng?

Regardless of location, in the last 10 years, an increasing number of day traders are turning their attention to Hang Seng brokers. The question is, why?

Hong Kong is a relatively free economy, not to mention one of the world’s leading financial hubs. It offers minimal taxes, international financial markets, plus low-cost port trade.

These characteristics have helped the Hong Kong Stock Exchange flourish into the sixth largest stock market in the world, and the third largest in Asia, following Japan’s Tokyo Stock Exchange and China’s Shanghai Stock Exchange.

Whilst an increasing number of traders look to buy and sell forex, speculating on Hang Seng stock price keeps things simple. For those wanting to avoid the sometimes complex world of currency trading, the Hang Seng continues to appeal. Look out for Hang Seng brokers that offer a range of instruments.

Hang Seng Futures

In May 1986, the Hong Kong Futures Exchange (HKFE) introduced HSI futures contracts in response to the growing interest in the Hong Kong Stock market. Many now trade futures live, using charts, quotes, and historical data.

It is worth noting, however, futures investing also comes with risks, and this alternative does not guarantee higher yearly returns.

There are a couple of reasons why trading the Hang Seng 40 futures appeals:

Having said that, nifty trading is still required, so you should still look for a Hang Seng volatility chart for futures. You should also check contract specifications.

You can find details on Hang Seng shares futures on Bloomberg, including trading hours and definitions of terms.

ETFs

As with many indices, the Hang Seng underlies many exchange-traded funds (ETFs), that promise straightforward exposure to Hong Kong’s economy via a single trading vehicle. In many ways, these securities offer an uncomplicated alternative to American Depository Receipts (ADRs). Many of the top Hang Seng brokers offer ETFs.

Hang Seng H-Share Index ETF

The H-Share Index ETF tracks the Hang Seng China Enterprises Index (HSCEI). Many of the constituents are Chinese as the index tracks and measures the performance of Chinese equities. With companies such as Bloomberg compiling and publishing data on the Hang Seng, it looks as if more traders, from all over, will look to commit their funds.

iShares MSCI Hong Kong Index Fund ETF (EWH)

Note there are no funds traded in the US. However, a suitable alternative is the iShares MSCI Hong Kong Index Fund ETF (EWH). This tracks the MSCI Hong Kong Index. Again, this is a capitalization-weighted index, that seeks to encapsulate approximately 85% of the Hong Kong’s total market capitalization.

There is currently around $2 billion in total net assets under management, giving the ETF a decent expense ratio of around 0.48% with 50 holdings in its portfolio. However, financials dominate the list with 33%. The next 28% is formed of real estate, and 11% is weighted towards consumer cyclicals.

How To Start Trading At Hang Seng Brokers

Prepare

Monitoring the Hang Seng stock exchange live shouldn’t be the beginning of your day. If you want to assert a competitive edge, you need to be at your desk prepping before the opening bell rings. You need to be looking for potentially undervalued stocks.

Ideally, by the time the morning session opens, you will have analyzed historical charts, screened stocks and have nailed down a few that you will keep a close eye on as the day progresses.

Importantly, the Hang Seng of 50 components can be used to gauge investor sentiment and the overall economic health of Hong Kong and Asian markets. Performance has had its fair share of ups and downs, but it continues to draw in aspiring day traders from differing time zones, including the USA, Europe, and Asia.

Demo Account

Before you start day trading the Hang Seng with your hard earned capital, why not try a demo account first? Funded with simulated money, these allow you to develop strategies and get familiar with market conditions.

Many Heng Seng brokers, including AvaTrade, now offer this service free of charge, making it a fantastic way to test a potential broker too. Then when your confidence has built and you have mastered weekly, 5-year, 10-year, 20-year, and 30-year charts, you can upgrade to a real-time, live account.

News

One of the top tips for day trading on the Hang Seng is to monitor the latest news. Live quotes and prices will change in response to major news announcements. Daily reports are a fantastic way to stay up to date with market developments and maintain a future outlook. The top Hang Seng brokers will integrate this information into their resources catalog, meaning you don’t have to switch between several internet tabs and information sources.

Some of the top Hang Seng news resources include:

The resources above can also provide annual reports, real-time price quotes, plus dividend yield history.

Education

Even experienced day traders never stop learning. The Hang Seng market can be unpredictable. So, seeking out resources to improve technical analysis, chart setups, and strategy, can all prove useful.

Some key Hang Seng resources worth considering are as follows:

The switched on day trader utilizes a range of educational resources, which are often offered by leading Hang Seng brokers. That way when that next 52 week high comes around, they can call on in-depth knowledge to capitalize on its profit potential.

Automation

Once you have crafted an effective strategy for day trading the Hang Seng, you may want to consider automated trading. Once you have programmed your criteria, these algorithms and robots will enter and exit positions on your behalf.

This could allow you to enter far more trades than you ever could manually. Having said that, automated systems do still require maintenance and attention, as drops in performance can still occur.

Journal

Although often overlooked, day trading journals can be a powerful weapon to add to your investing arsenal. You simply need to keep a track of the following:

Input this data and information into an Excel spreadsheet or another tool, and you’ll be able to quickly analyze your recent performance. You may find identifying flaws in your strategy a far simpler process.

Final Word On Hang Seng Brokers

Day trading at Hang Seng brokers in real time offers a dynamic and potentially profitable means of capitalizing on intraday price movements. However, the volatility of the Hang Seng also brings with it considerable risks. This is all the more reason to select trusted Hang Seng brokers, have an effective strategy in place, plus a thirst to learn and adapt to the markets.

Use our list of the top brokers with access to the Hang Seng to get started.