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From my direct experience and research, it’s clear that Phillip Securities Group is a well-established and SFC-regulated broker, especially recognized in the Hong Kong market for offering futures and leveraged FX trading. However, details on their maximum leverage for major forex pairs aren’t straightforwardly disclosed on their official site or in the latest public materials. This caution, in my view, reflects the broker’s obligation to comply with Hong Kong’s regulatory standards, where leverage is often capped to safeguard retail traders from excessive risk. Generally, SFC-regulated brokers tend to offer lower maximum leverage than brokers in less regulated jurisdictions, sometimes setting limits between 1:20 to 1:50 for major currency pairs. When considering other asset classes available through Phillip Securities Group—such as stocks, bonds, ETFs, or futures—the leverage framework differs. For non-forex products, leverage is typically more conservative, especially on securities accounts. Futures may allow higher leverage than stocks, but even then, the specific multiples are subject to regulatory and exchange rules. From my risk-conscious perspective, this is an important strength: restrictions on leverage help prevent clients from taking on more risk than they may realize. In summary, while exact maximum leverage ratios for major forex pairs at Phillip Securities Group aren’t widely advertised, it’s reasonable to expect them to be moderate by industry standards and subject to asset-specific variation. For me, this regulatory rigor reinforces trust, although it’s prudent for any trader to verify exact conditions directly with customer support before opening an account.