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Hirose Trade – Broker Review and Trader Opinions

4.5 / 5

Hirose Financial is a Japanese operate forex broker founded in 2004. It worked its way up to the top three forex providers in Japan and it is now listed on JASDAQ as one of the few listed forex providers in Japan.

1. Hirose Financial – Japan Innovation

In 2010, Hirose founded its first oversea subsidiary company – Hirose Financial UK in United Kingdom as the first ever oversea forex provider that is under the regulation of FCA (FCA registration number 540244). In 2015, Hirose Financial Malaysia was founded and regulated by the LFSA (FSA registration number MB/15/0006)

Hirose has spent enormous effort into their staff training, platform development and customer support service. The main factor that has helped Hirose to grow in such a rapid speed is the level of professional knowledge it has to help its traders to succeed in forex and binary options trading which Hirose is rewarded as the best customer satisfaction in Japan for three consecutive years.

2. Advantage and Disadvantage

Regulated Broker: The broker’s binary options trading is regulated by LFSA, which customers’ rights are well protected.

Listed Broker: Hirose Japan is a listed broker in JASDAO, which again, makes them a well-trusted broker in the industry.

Highly functional platform: Hirose has its in-house platform which is developed in Japan, which allows them to maintain and upgrade regularly based on users’ needs.

Low minimum deposit: Traders are able to deposit as little as $20 and invest as low as $1.

Not listed on Apple Store: All platforms provided by Hirose are web-based platforms. IOS application is not offered by the broker at the moment. Let’s hope they will develop one soon.

3. Trading Condition

Hirose Financial (ex Lion FX) offers a safe and comfortable trading environment for its traders,. Hirose is also aiming to make binary options trading available to all levels of traders by lowering its minimum deposit to $20, and a single investment to as low as $1.

4. Trading Platform

Hirose Financial has its own in-house trading platform originally developed in Japan, the LION Binary PRO. Two types of options are available for traders,. The classic call/put option offers three expiration terms from 3 minutes to 30 minutes, while “anytime” options last between 30 seconds to 60 minutes. Traders are able to trade with their preferred options based on their strategy and trading style.

Hirose’s binary options platform is heavily influenced by its forex background, that it feels and looks like a simplified MT4 trading platform. There are 17 technical indicators in the platform, plus 3 technical charts that will suit most of the trading strategies and methods.

5. Mobile Trading

Hirose also offers mobile trading for traders who find it difficult to access their computer. The mobile platform offered by Hirose is a web-based platform, which traders are able to access the platform simply by using web browsers on any devices. It is worth to mention that the 30 seconds short term options on mobile platform allows traders to enjoy the fun of mobile trading while they are commuting to work or having a short break from their busy routine schedule.

6. Demo Account

Demo account is soon to be released.

7. Account Types

At the moment, Hirose only offers a single type of account which all traders are treated equally and able to enjoy the same level of professional customer support. On top of that, it is free to open a live account in Hirose and all it takes is few minutes of your time. All traders are able to receive a 50% deposit bonus when making over $50 deposit to their trading account.

8. Opening an account

Opening an account is simple with Hirose. Simply go to Hirose’s homepage and click on the blue button located on the left side of the page. Please note that due to the guideline from LFSA, for traders to open a live account with Hirose, they are required to provide two documentations for verification purposes.

Copy or scan of Identification Document. The broker do recommend traders to use passport for this documentation. Alternatively traders are able to use National ID card or Driver’s license which is issued by local government authorities.

Proof of residential address. This can be the utility bills (gas, water, electricity, etc.) of your current residential address. Please note that the proof of residential address needs to be issued within the recent six months.

Once verification is done, traders will receive their live account in 1 to 2 business days.

9. Funds withdrawal

Hirose processes its withdrawal requests once a day and funds can be settled in traders’ bank account or e-wallet in as short as 24 hours. Hirose does not require document verification upon withdrawal because the verification has been done during account opening.

10. Trader training

Hirose is well-known for its customer support and trader trading. Hirose has spent enormous effort into their staff training in order to provide the best and most professional support to all traders,. This include professional trading training, customer support train and learning on professional knowledge. Also traders will receive strategy and market tips via their email on daily basis.

11. Should I trade with Hirose Financial?

Hirose Financial is one of the few listed forex provider and this makes them the pioneer broker in the industry. As well as its professional forex background helps them to develop a highly functional and practical platform that suits most of the trading techniques and styles for different types of traders.

Also Hirose is a legitimate broker that is regulated by government agency which ensures the rights and security of the fund of all traders. In addition, as a reward-winning broker for customer satisfaction, Hirose offers high standard customer support and trading support to all traders regardless of their account status.

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