LION

Overview of LION

Established in 2016 and headquartered in the Cayman Islands, LION is a relatively young broker in the forex industry, regulated by various authorities, including the SFC for futures contracts, CIMA, and MAS. As for tradable instruments, clients can trade over 10,000 securities, 100 futures and over 100 currency pairs with LION.

Is LION Legit？

LION operates as a regulated entity in the financial sector, adhering to stringent regulatory standards set forth by several reputable authorities.

Regulated Country	Regulated Authority	Regulated Entity	License Type	License Number
	SFC	Lion Futures Limited	Dealing in futures contracts	BID234
	SFC	Lion International Securities Group Limited	Dealing in securities	BHY491
	CIMA	Lion Brokers Limited	Market Making(MM)	1455005
	MAS	LION INTERNATIONAL FINANCIAL (SINGAPORE) PTE. LTD.	Retail Forex License	CMS101140

SFC (Securities and Futures Commission) - Futures Contracts Regulation:LION is regulated by the Securities and Futures Commission (SFC) in Hong Kong for its activities related to futures contracts. This regulation signifies LION's compliance with the regulatory framework governing futures trading, providing assurance to traders regarding the broker's adherence to industry standards and best practices.

CIMA (Cayman Islands Monetary Authority) - Offshore Regulation:LION is regulated by the Cayman Islands Monetary Authority (CIMA). As an offshore regulatory authority, CIMA oversees financial activities within the Cayman Islands jurisdiction. While offshore regulation can vary in stringency compared to major financial centers, it still imposes essential standards on financial entities like LION.

MAS (Monetary Authority of Singapore) Regulation:LION is regulated by the Monetary Authority of Singapore (MAS). MAS is the central bank and financial regulatory authority in Singapore, responsible for overseeing and regulating financial activities in the country. Regulation by MAS underscores LION's commitment to compliance with Singapore's financial laws and regulations.

SFC - Dealing in Securities (Exceeded Regulation):In addition to its regulation by the SFC for futures contracts, LION has also exceeded the regulatory requirements of the Securities and Futures Commission for dealing in securities.

Being regulated by multiple reputable authorities provides traders with confidence in the broker's operations, ensuring that it operates within a framework designed to protect investors and maintain the integrity of the financial markets.

Pros and Cons

Market Instruments

LION provides access to three classes of tradable assets, covering 10000 securities, 100 futures, and over 100 currency pairs.

How to Open an Account？

To open an account with LION, follow these concrete steps:

1. Access the Registration Page: Look for the “Register” or “Open Account” button and click on it to initiate the account creation process.

1. Provide Personal Information:
1. Begin by entering your full name in the designated field.
2. Input your email address to create a unique login ID for your account.
3. Enter your mobile number, including the country code (e.g., +84).
2. Review and Accept Agreements: Ensure you understand the terms and conditions outlined in these agreements.
3. Verification and Activation: You may be required to verify your email address and mobile number to activate your account. Follow any verification instructions provided by LION to complete this process.
4. Begin Trading: Once your account is funded, you can start exploring the platform, accessing educational resources, and executing trades in the financial markets.

Trading Platform

LION offers tailored trading software for securities, futures, and CFD trading, and Lion has developed these platforms to be fully operational on both desktop and mobile devices. This multi-platform approach allows traders to transition between their computers and smartphones or tablets, maintaining consistent access to markets and trading tools regardless of their location.

Securities trading software

Futures Trading Software

CFD trading software

Notably, LION provides the popular MetaTrader 4 for forex trading, which is available on windows, iPhone and android devices.

Customer Support

LION provides comprehensive customer support to assist traders with their inquiries, and concerns:

• Live Chat: LION offers a live chat feature, allowing traders to engage in real-time text-based conversations with customer support representatives.
• Email: Traders can also contact LION's customer support via email at fx.support@libkr.com.
• Phone: For those who prefer voice communication, LION offers phone support throught +60 377322948.

Educational Resources

LION offers an educational resource called LION School, which includes features such as News Flash and Financial Calendar. The LION School team curates global financial news and market reports, presenting a concise overview of information related to securities, futures, and financial derivatives. This service also provides real-time reviews of market events.

Conclusion

In conclusion, LION offers several notable advantages, like access to over 10,000 securities and over 100 forex pairs to trade. However, there are also certain limitations, such as limited educational resources, account types, and payment methods. Overall, Lion is not a suitable broker for beginners and maybe experinced traders who bear the risk can have a try.

FAQs

What is the minimum deposit required by LION？

To start trading on the LION platform, you need a minimum deposit of $100.

Can I access educational materials to enhance my trading knowledge with LION？

Yes, LION provides a Lion school containing News Flash and Financial Calendar.

Does LION offer a copy trading tool for traders interested in automated trading strategies？

No, copy trading is not supported by LION.

Risk Warning

Online trading carries substantial risk, potentially leading to the total loss of invested funds. It may not be appropriate for all traders or investors. It's crucial to fully comprehend the associated risks before engaging in trading activities. Additionally, the content of this review is subject to change, reflecting updates in the company's services and policies. The review's creation date is also relevant, as information could have become outdated. Readers should confirm the latest information with the company prior to making any investment decisions. The responsibility for utilizing the information provided herein lies exclusively with the reader.