Hirose Financial UK Limited
|Company||Hirose Financial UK Limited|
|Payment options||Bank Wire, Credit Card, Visa, MasterCard, Maestro Cards, Wire Transfers, PayPal, UK cheques,|
|Demo Platforms||LION Trader|
|Account currencies||USD, EURO, GBP|
|US Traders welcome?||No|
|Bonus? (detailed)||Welcome Bonus for a deposit of 500GBP, Euro or USD|
|Support methods||Telephone, Email, Live Chat|
|Minimum account size||$5|
|Minimum position size||1 lot|
|Minimum spread on EUR/USD, pips||0.6|
|Expert advisors||Not Allowed|
|Trading instruments (GOLD; CFD, etc. and the leverage)||Maximum Leverage -1:300|
|Trading platforms||LION Trader|
|Number of currency pairs||50|
Though Japan generates about 30% of the total trading volume of the forex market not many are aware of the Japanese brokers. Recently Hirose Financial Limited has been able to gain entry into the European forex market by getting a license from FSA, U.K and named it as Hirose Financial UK limited. Hirose Financial UK limited is subsidiary of a Japanese forex company named Hirose Tusyo Inc which was established 8 years ago but Hirose financial UK limited was founded in 2010 and is the first Japanese company to be regulated by FSA in the UK. It gives its customers the facility of online trading of currencies and do not have any dealing desk. This resulted in no re-quotes and thus maximum profit. This is a STP or Straight-through processing company who transfers all your orders directly to the bank or any of the liquidity providers which results in fast execution of trades. They do not allow traders from United States to trade from their account.
The trading platform offered by the company is LION Trader with versions for desktop, mobile and web trading. They have a lot of educational material and other explanatory articles on their website available free of cost for their customers. They offer very limited services but the quality of service of very high and mainly focus on the quality of services rather than quantity of service. They offer two types of account that is practice account and live account. The traders can use the practice account to learn the features of LION Trader platform and then use it for live trading. There is no minimum deposit to open an account with them though you will require funds to do the trade. The spread on each of the major currencies is very low. They offer 50 currency pairs all major pairs to trade in.
The reviews for Hirose Financial UK limited is very positive and have many happy and satisfied customers. The most interesting feature of the company is that they do not require any deposit to open an account with them, though you will require funds to do the trade. They have a host of payment options which includes almost all modes including PayPal. This has been liked by many traders as it makes the deposit as well as withdrawal of funds very easy and hassle free. Though the company is very young in the forex market it is backed by Hirose Tusyo Inc which is in the market from 8 years and hence is very reliable. They offer 50 currency pairs to trade in which includes almost all major pairs. Their trading platform LION Trader has many features which helps the trader to execute their trade fast. A few of the cons mentioned in the reviews is that they do not have many features like one click trading, leverage only 1:300. The overall rating is good and the average rating given to the company by its users is 4.5 out of 5.