Hirose Financial UK is a binary and forex broker offering margin trading via a bespoke online platform (using MetaTrader 4), as well as binary options trading via LionTrader. The firm provides an attractive offer for any Forex or Binaries. Our review will detail the benefits, but also the potential weaknesses. span> We explore fees, trading platforms, mobile apps, regulation and more.
The Forex brand is the world’s largest over the counter provider, boasting over 200,000 customers worldwide. This international success led to the opening of Hirose UK in 2010 and a number of other subsidiaries. But Lion Binary Options is operated by Highway Financial.
Hirose does not offer a back desk (NDD) or straight-through processing (STP). Instead, traders’ orders are routed directly to liquidity providers, such as banks. The company is not even a market marker.
Us floating platform spreads. These vary depending on the type of account used (Gold and VIP accounts see the smallest spreads). < span class=”notranslate”> The EUR/USD pair can see a spread of 1.9 on the MetaTrader platform. This model also ensures that trading is commission-free.
key details
• Demo Account – Yes
• signal – yes
• Minimum deposit amount – $20 (some deposit methods will carry a higher minimum)
•Minimum trade – $1
• Bonus details – Yes, varies by region and account type but includes 50% deposit bonus
• Mobile App – Yes. iOS, Android and windows
trading platform
Two platforms are provided depending on the instrument used: LionTrader and the industry standard MetaTrader 4 system.
Lion Trader
LION trading platform has seen many developments and improvements while shaping the business. Although the system is based on the ‘ACT FOREX’ system, Thereby trading is available on multiple terminals.
User feedback is generally positive in terms of usability and speed of execution. There are 50+ built-in custom technical indicators and automated trading ‘bots. Oracle Coherence is an in-memory data grid used by companies to improve business execution performance.
The trading area is slow and straightforward, making it simple for beginners or novices to pick up. There are also a range of strategies provided by LION to give new traders a starting point . Trailing orders can be opened and executed when the platform is closed. Scaling or hedging strategies in a simple way on the LION platform can be applied.
Trading Zones represents a solid choice for traders of all experience levels. Hirose distributes both a desktop version (via a download) and a web-based version. The company suggests that the desktop version offers faster execution, but the web trader has also performed well.
use lion
Hirose’s Lion Trader features a familiar toolbar system. They facilitate options market analysis and order placement. High as needed / The following buttons open or close. Any open positions are listed in the ‘Open Trades’ window. There is also a ‘close’ button to quickly close any option – either to lock in profits or cut losses.
There are also stop or limit entry order setup options. Similarly, trailing stops can be added to open positions. price Opens the option to use the Modify button to change. Hit Remove to cancel an existing order. Hit Price Alert if you want to activate it. A confirmation pop-up will explain any changes.
Lion also offers a comprehensive platform education package that can be accessed anytime.
MT4
Lion also offers a comprehensive platform education package that can be accessed anytime.
Using Metatrader 4
The order window allows opening and closing of trades. Select the required asset, and the desired trade shape and direction and intuitive design will lead naturally to each step.
Alternatively, right click on any price action chart, click on Trading and use the New Order button to run through the same steps.
The terminal window shows open trades. It also shows other account information such as balance and current profit and loss. Margin levels, stop loss and take profit levels can also be found in this section.
mobile apps
Mobile trading apps are available on iOS, Android and Windows. These can be downloaded at any time, but you will need to have an open account with Hirose Financial (LION Binary Options) before logging in.
Lion Trader App Features
The mobile application provides customizable charts and total account management. Micro lots can be traded on the mobile platform and the mobile account is synced in real time to any desktop or web based version. A complete list of assets and markets is available in the mobile version and customer support can also be contacted through the app.
MT4 App
The MetaTrader app does not require a login, but must be connected to a broker of some sort in order to actually place trades. It can be downloaded from the normal App Store.
The mobile version includes 30+ technical indicators, and customizable watch lists – to make staying up to date easier. Trade history is available, as are the latest price quotes. All trading options are available through the mobile platform, including the ability to trade directly from price charts. Trading volume – a key element in predicting price movement – is also available in the app.
Mobile charting is a clear strength. Each chart can be zoomed or scrolled or the date range can be modified etc. Similarly, multiple time frames are available and can be easily switched (intervals of 1,5,15,30 minutes, or 1 or 4 hours and of course daily).
Customer reviews can be found on the App Store, and are generally positive.
merchant’s choice
lion binary options
The binaries offered at LION are limited to traditional High/Low. Expiry is offered between 30 seconds (turbo) and 60 minutes. Payouts can reach up to 90%, but will vary depending on trading volume and asset. Options can also be closed early if desired.
Forex pairs are the asset class with the most coverage, with over 40 available. Trading hours will reflect the market for the asset being traded, or in the case of forex, One of the major markets (Sydney, New York, London etc.) is open for trading.
Withdrawal and Deposit Options
Lion Binary offer several deposit and withdrawal options, but minimum deposits vary with a few methods:
Debit/credit card (Visa, MasterCard, Maestro) and bank wire transfer both require a minimum of $50
Popular e-wallets like Skrill and Neteller are both options, with a minimum deposit of $20
UnionPay (minimum deposit 100 CNY)
Fasapay carries a minimum requirement of just $10
The customer support team can handle funding questions should they arise. As always, it’s a good idea to first meet the identification requirements before requesting a withdrawal. . This avoids delays and disputes.
Education
The LION education area includes several general trading guides, as well as advice on strategy. Might be useful while trying. These resources are provided free of charge to all. Considering any broker Your clients are eager to trade, so be wary of any advice that looks like it could be over-trading.
There are also a series of video tutorials which can be a good way to get used to the platform. One is included below.
Bonus / Promotion
Hirose Financial offer a number of bonus deals and promotions:
•$20 No-Deposit Bonus
• Welcome (Deposit) Bonus up to $500
• $10 ‘Refer a Friend’ plan
Bonus terms and conditions vary, and are often region specific too, so check before signing up if a bonus is a significant part of your argument for joining Hirose.