Hirose Financial UK is a binary and forex broker offering margin trading through a bespoke online platform (using MetaTrader4) as well as binary options trading through LION Trader. Offering an attractive offer for anyone trading forex or binary options, our review details the benefits. We explore fees, trading platforms, mobile apps, requirements, and more.
The Forex brand is one of the world’s largest counter operators with over 200,000 clients worldwide. This international success saw the launch of Hirose UK in 2010 and its other subsidiaries – but Binary Options. LION is operated by Hirose Financial.
Hirose does not provide dealing table (NDD) or straight processing. (STP), but orders from traders are sent directly to liquidity providers such as banks, corporations, It is not a marketing mark.
The platforms we spread are floating, these will vary depending on the type of account used. (Gold and VIP accounts see the smallest spreads). The EUR/USD pair can see a spread of 1.9 on the MetaTrader platform. This version also ensures commission-free trading.
Important details
Demo account – yes
Signal – yes
Minimum Deposit – $20 (Some deposit methods carry a higher minimum)
Minimum trade – $1
Bonus Details – Yes, offers vary by region and account type. But it includes a 50% deposit bonus.
Mobile Apps – Yes iOS, Android and Windows
Trading Platform
There are two platforms depending on the instrument used: LION Trader and the industry standard system MetaTrader 4.
LION Trader
The LION trading platform has seen many developments and improvements, creating a business, however, it is based on the ‘Act Forex’ system which makes it possible to trade through numerous terminals.
User reviews are generally positive in terms of usability and speed of performance, there are more than 50 custom technical indicators and automated trading ‘bots’ Oracle Coherence is an in-memory data grid. that the company uses to improve the efficiency of commercial operations.
The trading area is smooth and straightforward which makes it easy for beginners or newbies to pick up.There are also strategies provided by LION to give new traders a starting point. Trailing orders can also be opened and Let it run when the platform is closed, any scalping or hedging strategy can be implemented effortlessly on the LION platform.
The trading area is a good option for traders of all experience levels, Hirose. Both desktop versions are offered. (via download) and web version Introducing a desktop version that offers faster operations. But web merchants work well too.
Use LION
Hirose’s LION Trader provides a familiar toolbar system. Those options facilitate market analysis and order execution. High/Low buttons open or close trades as needed. Open positions are listed in the window. There is also a ‘Close’ button for closing any option first – lock profit or cut loss.
There is also an option to set stop or limit entry orders. Similarly, trailing stops can be added to open positions. Using the Modify button will open the option to change the price. Press the delete button to cancel the current order if you wish. Enable notifications, press the price alert, a confirmation popup will clarify any changes.
Lion also provides a comprehensive educational platform suite that can be accessed anytime, anywhere.
MT4
For forex traders, the MetaTrader4 platform offers experienced traders the option of using advanced charts and technical analysis indicators, in addition to having the ability to backtest strategies or automate trades due to MetaTrader4 is a widely used platform, with many online resources available to help traders get the most out of the platform.
Use MetaTrader 4
The order window allows opening and closing trades, selecting the desired asset and desired trade size and direction, and the intuitive design guides nature through each step.
Alternatively, right-click on any price chart, click Trade, and use the New Order button to complete the same step.
The terminal window shows open trades, it also shows other account information such as balance and current profit and loss, margin level, stop loss and take profit level can be found in this section.
Mobile Apps
Mobile trading apps available on iOS, Android and Windows can be downloaded anytime and anywhere. But you will need to open an account with Hirose Financial (LION Binary Options) before you can sign in.
LION Trader App Features
The mobile app offers customizable charts and overall account management, micro lots can be traded on mobile platforms and mobile accounts sync in real time to any web version of the desktop. And all markets are available in mobile version and customer support can be contacted through the app.
MT4 Apps
The MetaTrader app does not require a login. But it has to be linked to some kind of broker to trade, can be downloaded from common app stores.
The mobile version has over 30 technical indicators and customizable watchlists to make staying in a bit easier, with trading history as well as recent prices. As well as being able to trade directly from the price chart, trading volume, which is a key element in predicting price movements, is available in the app.
Mobile charting is clearly robust, each chart can be zoomed or panned or edited date range etc. Multiple timeframes are available and can be switched easily (intervals of 1,5,15,30 minutes or 1 or 4 hours and of course every day)
Customer reviews can be found on app stores and are generally positive.
Trader’s Choice
LION BINARY OPTIONS
Binaries offered at LION are limited to the traditional high/low, offer expiration between 30 seconds (turbo) and 60 minutes, payouts can reach 90% but will vary according to trading volume and asset, options can can close quickly if desired
Forex pairs are the most comprehensive asset class with more than 40 available. Trading hours reflect the market of the asset being traded or, in the case of forex, one of the key markets. (Sydney, New York, London, etc.) that are open for trading.
Withdrawal and Deposit Options
LION Binary offers a number of deposit and withdrawal options. But there are different minimum deposit methods:
Debit/Credit Cards (Visa, MasterCard, Maestro) and bank transfer are required.
$50 minimum e-wallets are both options with $20 minimum deposit.
UnionPay (minimum deposit 100 RMB)
Fasapay has a minimum requirement of just $10.
The customer support team can answer questions about funds if they arise, and as always, it’s a good idea to meet the identification requirements before requesting your first withdrawal to avoid delays and disputes.
Education
The LIOn study area contains general trading guidance as well as strategy guides, charting help guides have also been provided – these come in handy when trying to explore the vast array of technical analysis indicators. It is offered for free. Remember that any broker is eager to get their clients to trade, so be wary of any advice that looks like it might lead to excessive trading.
There are also a variety of video tutorials that are a good way to familiarize yourself with the platform, one of which is included below.
Bonus / Promotion
Hirose Financial offers a number of bonus offers and promotions:
$20 No Deposit Bonus
• Welcome Bonus (Deposit) up to $500
• $10 ‘Refer a Friend’ form
Bonus terms and conditions change and are often region-specific, so check before applying if the bonus is an important part of your reasoning for joining Hirose.