Hirose Financial UK is a binary and forex broker offering margin trading via a customizable online platform (using MetaTrader4) and binary options trading through LION Trader. The company offers attractive offers to everyone who trades foreign exchange or binaries. Our review will outline not only the advantages, but also the possible weaknesses. We investigate fees, trading platforms, mobile apps, regulations and more.
The Forex brand is one of the largest over the counter providers in the world, with over 200,000 customers worldwide. This international success opened Hirose UK in 2010 and many other subsidiaries, but LION binary options is operated by Hirose Financial.
Hirose does not offer a processing desk (NDD) or direct processing (STP). Instead, traders’ orders are delivered directly to liquidity providers such as banks. This company is also not a brand.
The platform we float on depends on the type of account used (see the smallest spread for gold and VIP accounts). The EUR/USD pair can see a spread of 1.9 on the MetaTrader platform. This model also allows transactions to be done without fees.
Main content
• Mock account – Yes
• Signal – Yes
• Minimum deposit – $20 (some deposit methods have a minimum higher amount)
• Minimum transaction – $1
• Bonus details – Yes, depending on region and account type, but 50% Inclusive deposit bonus.
• Mobile app – Yes. iOS, Android and Windows
Trading platform
Depending on the equipment used, two platforms are available: LION Trader and the industry-standard MetaTrader 4 system.
Lion Merchant
The LION trading platform has shaped the business through many advancements and improvements. However, this system is based on the ‘Act Forex’ system and can be traded on different terminals.
User feedback is generally positive regarding usability and execution speed. There are over 50 custom technical indicators built-in and automatic ‘bots’. Oracle Coherence is an in-memory data network that enterprises use to improve transaction execution.
The trading area is smooth and simple, so that even beginners or novices can pick up easily. There are also different strategies that LION offers to provide a starting point for new traders. If the platform is locked, you can open the sequence and continue running. An expansion or hedging strategy is easy to implement on the LION platform.
The trading area is the obvious choice for traders of all experience levels. Hirose offers both a desktop version (via download) and a web-based version. The company suggests that the desktop version offers faster execution, but also performs well for web merchants.
Lion used
Hirose’s LION Trader offers a well-known toolbar system. These options facilitate the analysis and ordering of the market. The high / low buttons make or close the transaction as needed. Open positions are displayed in the ‘Open trades’ window. There is also a ‘close’ button which allows you to close all options early – to fix profits or minimize losses.
There is also an option to stop or limit access. In the same way, you can add railway stops to add them to the open position. The edit button opens the option to change the price. Click Remove to cancel the current order. Tap Price Alert to activate the alert. A confirmation pop-up will make all changes clear.
Lion also offers an extensive platform training package available at any time.
MT4
For forex traders, the MetaTrader4 platform gives experienced traders the option to use advanced charts and technical analytical indicators. There is also the ability to test your strategy or automate trades. MetaTrader4 is a widely used platform, so there are extensive online resources to help traders get the most out of the platform.
Using MetaTrader 4
You can open and close transactions through the order window. Choosing the assets you need, the size and direction of the trades you want and the intuitive design will naturally guide you every step of the way.
Alternatively, right-click on the price action chart, click on Transactions and use the New Order button to perform the same steps.
The open transaction is displayed in the terminal window. It also contains other account information, such as balances and current profit and loss. You can also find margin levels, stop losses and profit levels in this section.
Mobile App
The mobile trading app is available for iOS, Android and Windows. You can download it at any time, but you must open an account with Hirose Financial (binary option LION) before signing up.
Lion Merchant App Features
The mobile app offers customized maps and complete account management. Micro-lots can be traded on mobile platforms, and mobile accounts are synchronized in real-time with all web-based versions of desktops. A complete list of assets and markets is available in the mobile version, and customer support can also be contacted via the app.
MT4 App
The MetaTrader app does not require a login, but you really need to connect with some sort of broker to actually trade. You can download it from the regular app store.
The mobile version includes more than 30 technical indicators and customizable watchlists, making it easier to stay up-to-date. Just like the latest price quotes, transaction history is also provided. All trading options are available via the mobile platform, including the ability to trade directly from the price. Trading volume, a key factor in predicting price changes, is also available in apps.
Mobile cards are a distinct advantage. You can zoom in or scroll through each map or change the date range. In the same way, there are different time zones available and they can be easily switched (1,5,15,30 minute intervals or 1 or 4 hours, of course daily).
Customer reviews are available in the app store and are generally positive.
Dealer’s Choice
Lion Binary Options
Binaries provided by LION are limited to the traditional High / Low. Expiration is offered within 30 seconds (turbo) to 60 minutes. Payouts can reach 90%, but it depends on the volume and assets you trade. You can also close the option early if you want.
Forex Fair is an asset class with more than 40 largest coverage available. Trading time reflects either the market of the asset being traded, or in the case of forex, one of the main markets open for trading (Sydney, New York, London, etc.).
Withdrawal and deposit options
LION binaries offers a variety of deposit and withdrawal options, but the minimum deposit amount varies in different ways.
Debit / credit cards (Visa, MasterCard, Maestro) and bank transfers all require at least $50 Favorable
e-wallets such as Skrill and Neteller Minimum deposit of $ 20 Fasapay at
UnionPay (minimum deposit 100 CNY)
Minimum requirement of at least $10 To meet.
The customer service team can handle it if you have questions about funding. As always, we recommend that you meet the identification requirements before requesting a first withdrawal. This avoids delays and disputes.
education
The LIOn training area contains several general trading guides as well as strategy advice. Chart help guides are also available. This can be useful when exploring the rich technical analysis indicators available. All this material is free. All brokers want to trade with their clients, heed the advice that can lead to overtrading.
There are also different video tutorials that can be a good way to get used to the platform. One of them is included below.
Bonus / promotion
Hirose Financial offers various bonus offers and promotions.
• $20 no deposit bonus
• Up to $500 welcome bonus (deposit)
• $10 ‘friend referral’ scheme
Award conditions are subject to change and may vary by region, so please check before signing up to see if your bonus is an important part of your Hirose subscription reason.