Abstract:Hirose-fx was registered in 2004 in Japan. It mainly focuses on the forex and CFD markets, like stocks and commodities. It uses its own trading platforms, called LION FX and LION CFD, and it does not require minimum deposits and withdrawal. More importantly, it is regulated by the Financial Services Agency (FSA) in Japan.
Hirose-fxReview Summary | |
Founded | 2004 |
Registered Country/Region | Japan |
Regulation | FSA |
Market Instruments | Forex, CFDs on stock index, ETFs, and commodities |
Demo Account | ✅ |
Leverage | Up to 1:20 |
EUR/USDSpread | 0.3 pips |
Trading Platform | LION FX, LION CFD |
Min Deposit | $0 |
Customer Support | Contact form |
Tel: 0120-63-0727; 06-6534-0708 | |
Fax: 0120-34-0709 | |
Email: info@hirose-fx.co.jp |
Hirose-fx was registered in 2004 in Japan. It mainly focuses on the forex and CFD markets, like stocks and commodities. It uses its own trading platforms, called LION FX and LION CFD, and it does not require minimum deposits and withdrawal. More importantly, it is regulated by the Financial Services Agency (FSA) in Japan.
Pros | Cons |
Regulated by FSA | No Islamic account |
Demo accounts | Not support MT4 or MT5 |
Low spreads | Limited payment options |
No commissions | No live chat |
No minimum deposit | |
No deposit and withdrawal fees | |
Various channels for customer support |
Yes, Hirose-fx is regulated by the Financial Services Agency (FSA) in Japan. However, the FSA once sanctioned Hirose-fx for violation of laws. Despite the fact that it is regulated, potential risks may still exist, and please be aware of the risks.
Regulated Authority | Current Status | Regulated Country | License Type | License No. |
Financial Services Agency (FSA) | Regulated | Japan | Retail Forex License | 近畿財務局長(金商)第41号 |
WifiFX field survey team visited Hirose-fx's regulatory address: 1-3-19 Shinmachi in Nishi-ku of Osaka, Japan. It is found that Hirose-fx has a physical business office.
On Hirose-fx, customers can trade forex, stock index, ETFs, and commodities.
Tradable Instruments | Supported |
Forex | ✔ |
CFDs | ✔ |
Stock Index | ✔ |
Commodities | ✔ |
ETFs | ✔ |
Cryptos | ❌ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
For some of the stock index and ETF CFDs, the leverage is about 10 times, while for some commodity CFDs, it is about 20 times. When the leverage is high, the risks are also likely to be high. Therefore, careful considerations are recommended.
For different currency pairs, the spreads are not the same. As to the EUR/USD pair, the spread is 0.3 pips.
As for commissions, all charging no commissions.
Hirose-fx uses its own trading platforms, which are LION FX and LION CFD.
Trading Platform | Supported | Available Devices | Suitable for |
LION FX | ✔ | Web, desktop, mobile | Forex traders |
LION CFD | ✔ | Web, desktop, mobile | CFD traders |
MT4 | ❌ | / | Beginners |
MT5 | ❌ | / | Experienced traders |
Hirose-fx supports 3 types of deposit: quick deposit, quick deposit at ATM, and bank transfer. As for withdrawal, it supports real-time withdrawals and regular withdrawals. More importantly, no commission fees are charged.
Deposit Option | Min Deposit | Fee | Processing Time |
Quick deposit | $0 | ❌ | Instant |
Quick deposit at ATM | |||
Bank transfer |
Withdrawal Option | Fee | Processing Time |
Real-time withdrawal | ❌ | 9:30 to 14:30: Instant |
After 14:30: waiting until 9:30 | ||
Regular withdrawal | 0:00 to 8:00: processing in the morning | |
8:00 to 12:00: processing before 15:00 | ||
12:00 to 24:00: waiting until the second morning |