Score

6.71 /10
Average

LION

Cayman Islands

5-10 years

Regulated in Hong Kong

Dealing in futures contracts

MT4 Full License

Regional Brokers

High potential risk

Offshore Regulated

C
D

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Comparison

Quantity 151

Exposure

Open Account
Website

Score

Regulatory Index7.15

Business Index7.61

Risk Management Index0.00

Software Index9.53

License Index7.15

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

MY SCM
2023-01-01

Broker Information

More

Company Name

Lion Brokers Limited

Company Abbreviation

LION

Platform registered country and region

Cayman Islands

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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WikiFX Risk Alerts 2
Previous Detection : 2024-11-16
  • The number of the complaints received by WikiFX have reached 141 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The Cayman Islands CIMA regulation with license number: 1455005 is an offshore regulation. Please be aware of the risk!

WikiFX Verification

LION · Benchmark
Average transaction speed(ms)
932 Poor
The highest transaction speed(ms)
0 Perfect
The highest speed of opening positions(ms)
529 Poor
The highest speed of closing position(ms)
0
The lowest speed of opening positions(ms)
1545 Good
The lowest speed of closing position(ms)
0 Perfect
Ranking: 98 / 128
Test user 179
Transactions 2,517
Ocuppied margin $459,280 USD
Data Source WikiFX Data provide
Updated: 2024-11-15 01:11:00
Pyramid scheme complaint
Expose
    LION · Company summary
    LION Review Summary
    Founded2015
    Registered Country/RegionCayman Islands
    RegulationSFC, MAS, CIMA (offshore), SFC (exceeded)
    Market InstrumentsForex, securities, futures
    Trading PlatformLionBrokersElite for securities and CFDs; LionBrokers for futures
    Live chat, contact form
    Tel: +60 377322948
    Customer SupportEmail: ky@libkr.com (Business Inquiries); fx.support@libkr.com (Technical Support)
    Social media: Facebook, Twitter, Instagram, LinkedIn, YouTube
    Registered Office Address: Conyers Trust Company (Cayman) Limited, Cricket Square, Hutchins Drive, PO Box 2681, Grand Cayman, KY1-1111, Cayman Islands
    Physical Address: 1404,JALAN SS 21/37 DAMANSARA UTAMA 47400 PETALING JAYA SELANGOR MALAYSIA
    Region RestrictionsThe USA, Canada, Haiti, Iran, Suriname, the Democratic People's Republic of Korea, Puerto Rico, Quebec, Iraq, Syria and Cuba

    LION Information

    LION is a financial company registered in Cayman Islands and started its business since 2015. With its dual headquarters in Hong Kong and Singapore, the company expands its global presence to USA, Dubai, Malaysia, Vietnam and so on.

    Its business scope mainly focus on trading in forex, securites and futures, and product number is said to be more than 10000 kinds. There's an education center with “Lion School” where traders can get “news flash” for market trends analysis and financial calendar to reach the latest market updates.

    The broker is decently regulated by two authorities: SFC (Securities and Futures Commission of Hong Kong) and MAS (Monetary Authority of Singapore), assuring some level of credibility and reliability in these countries.

    However, the broker also holds an offshore license from CIMA (Cayman Islands Monetary Authority) and an exceeded license from SFC (Securities and Futures Commission of Hong Kong), which should raise traders' attentions about potential risks.

    LION's homepage

    Pros and Cons

    ProsCons
    SFC, MAS regulatedCIMA offshore regulated
    Multiple platformsSFC exceeded
    Large number of financial products
    Global presence

    Is LION Legit?

    LION is officially regulated by SFC (Securities and Futures Commission of Hong Kong) and MAS (Monetary Authority of Singapore), with a licenses numbering at BID234 and BID234 respectively.

    However, the broker also holds an SFC exceeded license and a CIMA offshore license, imparing its liability.

    Regulated CountryRegulatorRegulatory StatusRegulated EntityLicense TypeLicense Number
    SFCRegulatedLion Futures LimitedDealing in futures contractsBID234
    MASRegulatedLION INTERNATIONAL FINANCIAL (SINGAPORE) PTE. LTD.Retail Forex LicenseCMS101140
    CIMAOffshoreLion Brokers LimitedMarket Making (MM)1455005
    SFCExceededLion International Securities Group LimitedDealing in securitiesBHY491

    What Can I Trade on LION?

    LION boasts more than 10000 securites, 100+ futures and 100+ forex for global clients.

    Securities:

    • Lion A-shares Stock Connect: Offers leveraged investments up to 2.5 times through Total Return Swap (TRS) derivatives, ensuring client privacy and low financing costs.
    • Hong Kong and U.S. Equities: The T+0 same-day selling enables immediate trading for enhanced flexibility.

    Futures:

    Enables direct access to top international exchanges with a safe and standardized market, traders can access millisecond data updates.

    Forex:

    Traders can enjoy spread from as low as 0 pip with forex trading, STP-ECN trading model and flexible leverage options, with no commission from deposits and withdrawals.

    Tradable InstrumentsSupported
    Forex
    Commodities
    Indices
    Cryptocurrencies
    Shares
    ETFs
    Bonds
    Mutual Funds
    What Can I Trade on LION?

    Trading Platform

    LION provides two trading platforms: LionBrokersElite for securities and CFDs; LionBrokers for futures. Traders need to download different apps for different products.

    Both platforms are downloadable from Windows, macOS, iOS and Android devices. Traders can approach real-time monitoring of their transactions and financial instrument trends with these platforms.

    Trading Platform

    News

    ExposureBeware of the Lion Scam

    A well-rated, regulated broker defrauds its customers. Vietnam-based victim complaint on WikiFX Regarding the issue of withdrawal. WikiFX is a leading global third-party forex industry information service platform.

    WikiFX
    2024-07-31 17:46
    Beware of the Lion Scam

    User Reviews

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    User comment

    86

    Comments

    Write a review

    FX3200625272
    0-3months
    tôi bị một hội nhóm lừa vào sàn lion rồi lừa tạo tk copy và lấy mật khẩu mt4 của tôi rồi đánh buy sell 2 đầu để chốt lỗ cho đến khi cháy tài khoản của tôi. mong công ty hỗ trợ can thiệp giúp tôi lấy lại tiền, tổng tôi mất 30000$
    tôi bị một hội nhóm lừa vào sàn lion rồi lừa tạo tk copy và lấy mật khẩu mt4 của tôi rồi đánh buy sell 2 đầu để chốt lỗ cho đến khi cháy tài khoản của tôi. mong công ty hỗ trợ can thiệp giúp tôi lấy lại tiền, tổng tôi mất 30000$
    Translate to English
    2024-11-05 09:47
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    FX2078780792
    0-3months
    Sàn giam tiền không cho rút. Gửi email hỗ trợ cũng không ai trả lời
    Sàn giam tiền không cho rút. Gửi email hỗ trợ cũng không ai trả lời
    Translate to English
    2024-11-04 17:43
    Reply
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    0
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