KOG Forex at a glance
Established in 2012 and commencing licensed operations in January 2013, KOG Forex Limited (國之匯有限公司) is a boutique retail and institutional leveraged foreign exchange brokerage headquartered in Hong Kong. Authorized and regulated by the Securities and Futures Commission (SFC) of Hong Kong as a Licensed Corporation (CE Number: BAB663) for Type 3 Regulated Activity (Leveraged Foreign Exchange Trading), KOG Forex acts as a principal market maker providing execution across spot currency pairs and FX options via its proprietary KOG Trading Software for PC, KOG Auton mobile application, and web terminals.
KOG Forex reports a founding year of 2012 and a head office in Kowloon, Hong Kong. It lists 4 regulators and 4 trading platforms.
BrokerBazaar verdict
KOG Forex Limited (國之匯有限公司) is an established boutique leveraged foreign exchange brokerage founded in Hong Kong. Authorized by the Securities and Futures Commission (SFC CE: BAB663) for Type 3 Regulated Activity since 2013, it provides domestic and regional investors with principal market-maker execution on spot FX and currency options. Operating under rigorous SFC client money segregation and FDRC arbitration access, counterparty default risk is low-to-moderate.
Legal entities, regulation and licences
KOG Forex 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
KOG Forex states that it accepts clients from Hong Kong domestic residents and select qualifying international investors (Strictly excluding the United States, Canada, European Union retail, and jurisdictions where leveraged FX soliciting is prohibited 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 (Major, Minor, Crosses), OTC Currency Options. Platforms: KOG Trading Software (PC), KOG Auton App (Android), Web Browser Terminal, 2FA Security App. Account types: Individual Margin 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, Local Banking, High Regulatory Security, Currency Options, Conservative Leverage.
Minimum deposit, spreads, commissions and other charges
The minimum deposit is $1,000. Spreads start from 1.0 pips and commission is None (standard) · $0 (raw). Maximum leverage is 1:20 (fixed), subject to the cap of the entity that holds your account.
Swap-free / Islamic account: not offered (conditional). 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 Transfer, Cheque Deposit, FPS (Faster Payment System), Telegraphic Transfer (TT / SWIFT). Withdrawal methods: Local Hong Kong Bank Wire Transfer, Telegraphic Transfer (TT).
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: Yes. Hedging: netting. These conditions were compiled from public information and have not yet been confirmed by the broker.
None of the recorded entities holds an active licence to keep client accounts, so no regulator's client-money rules can be assumed.
Not covered: KOG Forex Limited (Securities and Futures Commission (SFC)). This licence covers a different activity (such as securities, wealth or payments), so its client-money rules do not apply to a forex or CFD account.
Complaints and dispute process
Formal complaints: cs@kogforex.com. Phone: +852 3519 9888. Customer complaints are formally processed by the Compliance and Legal Department of KOG Forex Limited at Unit 3203, Excel Centre, Lai Chi Kok, Hong Kong. If a financial dispute cannot be resolved directly with the broker within statutory time limits, eligible retail clients have the statutory right to escalate the dispute to the Financial Dispute Resolution Centre (FDRC) in Hong Kong for independent mediation and arbitration. Pursuant to the Securities and Futures (Client Money) Rules of the Hong Kong SFC, 100% of client margin collateral must be held in designated segregated client bank accounts with authorized financial institutions in Hong Kong (such as HSBC, Bank of China Hong Kong, or Standard Chartered), completely insulated from corporate operational funds. The Hong Kong Investor Compensation Fund (ICF) primarily covers exchange-traded products; OTC leveraged FX contracts do not carry blanket ICF payout coverage.
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: Authorized and regulated as a Type 3 Licensed Corporation by the Hong Kong Securities and Futures Commission (SFC CE: BAB663)
- Strength: Over a decade of continuous operational history in the Hong Kong financial market since 2013
- Strength: Client funds held in segregated accounts with Tier-1 authorized banking institutions in Hong Kong under SFC Client Money Rules
- Strength: Access to independent alternative dispute resolution via the Financial Dispute Resolution Centre (FDRC)
- Strength: Multi-device platform access via proprietary KOG Trading Software (PC) and KOG Auton mobile apps
- Limitation: Retail leverage is strictly capped at 1:20 (5% margin) in accordance with statutory Hong Kong SFC mandates
- Limitation: No negative balance protection under statutory Hong Kong leveraged foreign exchange trading regulations
- Limitation: Does not offer popular third-party trading platforms such as MetaTrader 4, MetaTrader 5, or cTrader
- Limitation: No compatibility with automated algorithmic trading robots, Expert Advisors (EAs), or MQL scripts
- Limitation: Product offering is concentrated strictly on spot forex and currency options without share or commodity CFDs
Who this broker suits, and who it does not
KOG Forex is most relevant to traders looking for: Hong Kong Domestic Traders, SFC Regulated, Type 3 Leveraged FX, Local Banking, High Regulatory Security, Currency Options, Conservative Leverage.
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.
KOG Forex 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 KOG Forex yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.
Frequently asked questions about KOG Forex
Data sources. Broker submission, the regulator registers linked above, kogforex.com regulatory disclosure, web-archive and domain records, and third-party traffic data. Last register check 2026-10-12. External ratings: FX110 N/A/7.2; WikiFX 6.84/10.
Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We may receive a referral fee if you open an account with KOG Forex through our links; this never affects scores or verification. How we make money. Trading leveraged products carries a high risk of loss.