CES Forex (HK) at a glance
Established in 1994, CES Forex (HK) Limited (光證外匯(香港)有限公司, commercially operating as EBSI Forex) is the dedicated leveraged foreign exchange division of Everbright Securities International (EBSHI), a core subsidiary of state-backed financial group Everbright Securities Company Limited (SSE: 601788, HKEX: 6178). As one of the earliest licensed institutions approved by the Securities and Futures Commission (SFC) of Hong Kong for Type 3 Regulated Activity (Leveraged Foreign Exchange Trading, CE Number: ACI995), the broker delivers direct straight-through processing (STP/DMA) execution across 38+ currency pairs with institutional multi-bank pricing, micro-lot trading (from 0.01 lot), and Expert Advisor integration via MetaTrader 4 (MT4) and dedicated FX payment portals.
CES Forex (HK) reports a founding year of 1994 and a head office in 香港灣仔告士打道108號光大中心33樓. It lists 5 regulators and 7 trading platforms.
BrokerBazaar verdict
CES Forex (HK) Limited (operating as EBSI Forex) is the leveraged foreign exchange division of Everbright Securities International, holding one of Hong Kong's earliest Type 3 licenses (SFC CE No. ACI995) granted in 1994. Backed by the institutional balance sheet of dual-listed Everbright Securities Company Limited (SSE: 601788 / HKEX: 6178) and supported by multi-bank STP execution on MT4, counterparty default risk is low.
Legal entities, regulation and licences
CES Forex (HK) operates through 1 legal entity, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by no regulator we could map to a public register.
Licence check: Not independently checked. This broker has submitted its details. BrokerBazaar has not yet independently checked them. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.
Countries accepted and restricted
CES Forex (HK) states that it accepts clients from Hong Kong domestic residents and eligible international investors (Strictly excluding the United States, Canada, European Union retail, and jurisdictions where the offering of leveraged FX is restricted without local registration). Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.
Trading products, platforms and account types
Instruments: Spot Forex (38+ major, minor, and exotic currency pairs), International FX Money Transfers, Currency Switching. Platforms: MetaTrader 4 (MT4 Desktop, iOS, Android), MT4 WebTrader, EBSI Global Payments Portal, EBSI Direct, MT4. Account types: Individual Leveraged FX Account, Joint Account, Corporate Account, Professional Investor (PI) Account, Demo Account.
Best-for tags assigned by our team: Hong Kong Domestic Traders, SFC Regulated, Type 3 Leveraged FX, Everbright Securities, State-Owned Enterprise Backing, MetaTrader 4, EA Algorithmic Trading, Multi-Bank Liquidity.
Minimum deposit, spreads, commissions and other charges
The minimum deposit is $1,000. Spreads start from 1.2 pips and commission is None (standard) · $0 (raw). Maximum leverage is 1:20, subject to the cap of the entity that holds your account.
Swap-free / Islamic account: not specified (yes). Swap type: not specified. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.
Deposits and withdrawals
Deposit methods: Local Hong Kong Bank Wire Transfer, FPS (Faster Payment System), Cheque Deposit, Telegraphic Transfer (TT / SWIFT), Inward Account Transfer. Withdrawal methods: Not verified.
Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.
Execution model, negative balance protection and client money
Negative balance protection: Not specified. Scalping allowed: Not specified. Algorithmic trading allowed: Not specified. News trading allowed: Not specified. Hedging: not specified.
Client-money rules follow the regulator of the entity that holds your account. Check that regulator's rules on its register.
Complaints and dispute process
Formal complaints: compliance@ebshk.com. Phone: +852 2822 5001. Customer complaints are formally processed by the Legal and Compliance Department of Everbright Securities International at 33/F, Everbright Centre, 108 Gloucester Road, Wan Chai, Hong Kong. If a financial dispute cannot be resolved directly with the firm within statutory time limits, qualifying retail clients have statutory access to independent alternative dispute resolution through the Financial Dispute Resolution Centre (FDRC) in Hong Kong for mediation and binding arbitration. Pursuant to the Securities and Futures (Client Money) Rules mandated by the Hong Kong SFC, 100% of client margin collateral deposited for leveraged forex trading is held in segregated client trust bank accounts across authorized Tier-1 institutions in Hong Kong (including HSBC and Bank of China Hong Kong), completely ring-fenced from operational capital. The Hong Kong statutory Investor Compensation Fund (ICF) primarily covers exchange-traded securities and futures contracts; OTC leveraged foreign exchange transactions are not covered by blanket ICF statutory compensation.
If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.
Strengths and limitations
- Strength: Backed by Everbright Securities International, part of China Everbright Group (SSE: 601788 / HKEX: 6178)
- Strength: Inaugural Type 3 Licensed Corporation authorized by the Hong Kong SFC since 1994 (CE Number: ACI995)
- Strength: Full native support for MetaTrader 4 (MT4) with automated Expert Advisors (EAs) and micro lots from 0.01
- Strength: Aggregated pricing sourced directly from major global investment banks via STP/DMA architecture
- Strength: Client funds held in segregated trust accounts with Tier-1 Hong Kong commercial banking institutions
- Limitation: Retail leverage is strictly capped at 1:20 (5% initial margin) pursuant to statutory Hong Kong SFC rules
- Limitation: Statutory negative balance protection is not provided under Hong Kong leveraged foreign exchange trading regulations
- Limitation: Product offering focuses exclusively on spot currencies and FX switching without equity or commodity CFDs
- Limitation: Initial onboarding requires rigorous identity verification and local compliance documentation
- Limitation: OTC leveraged FX contracts do not carry blanket statutory compensation protection under the Hong Kong ICF
Who this broker suits, and who it does not
CES Forex (HK) is most relevant to traders looking for: Hong Kong Domestic Traders, SFC Regulated, Type 3 Leveraged FX, Everbright Securities, State-Owned Enterprise Backing, MetaTrader 4, EA Algorithmic Trading, Multi-Bank Liquidity.
It is less suitable for anyone who needs a strict-tier regulator in their own country of residence, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.
CES Forex (HK) change history
Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.
No fact changes recorded for CES Forex (HK) yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.
Frequently asked questions about CES Forex (HK)
Data sources. Broker submission, the regulator registers linked above, Everbright Sun Hung Kai FX client agreement and 2022 rebranding notice, web-archive and domain records, and third-party traffic data. Last register check 2026-10-12. External ratings: Traders Union 8/10.
Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We may receive a referral fee if you open an account with CES Forex (HK) through our links; this never affects scores or verification. How we make money. Trading leveraged products carries a high risk of loss.