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Score
Cayman Islands
5-10 yearsRegulated in Hong Kong
Dealing in futures contracts
MT4 Full License
Regional Brokers
High potential risk
Offshore Regulated
Benchmark
Influence
Add brokers
Comparison
Quantity 151
Exposure
Score
Regulatory Index7.15
Business Index7.61
Risk Management Index0.00
Software Index9.53
License Index7.15
Single Core
1G
40G
Danger
Sanction
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Company Name
Lion Brokers Limited
Company Abbreviation
LION
Platform registered country and region
Cayman Islands
Company website
Company summary
Pyramid scheme complaint
Expose
They adjusted my credit. Don't withdraw
I deposited and made a profit at this broker. But they didn't pay my profit and even my withdrawal was rejected. And now my account is banned.
It has been 45 days since I withdrew, but the account has not been credited. The official customer service staff never spoke on the line. Withdrawal order number 20240301174502409-00176_MTWD
In late September 2024, I made a deposit. Because I was cooperating with Lion, I applied for a withdrawal in mid-October 2024. They requested me to pay taxes before the withdrawal. After I paid the taxes as requested, they said that the risk control department temporarily terminated the withdrawal instruction and requested a prepayment of 50% service fee before the withdrawal. According to the contract, the service fee should be charged after I withdraw, but Lion is blocking my withdrawal.
The company is registered as Lion International, and was verified to have been canceled as early as 2019
Withdrawal of over 10,000 yuan on the 1st of March has not been received yet. It's already October, please process the withdrawal. It lost money on backend.
After the deposit was completed, the trading account never received funds, and my deposit application was rejected. I uploaded a screenshot of the successful deposit interface twice, but it has not been processed. I contacted customer service and there was no response. My funds are still with them.
LION BROKERS, is an unscrupulous platform. When i make profit, they didn't give money and directly close the background. The company said that the customer violation of the transaction. I don't even get a notice. I asked them to provide evidence. They didn't provide it and said they would not send an e-mail to the customer to explain, there is no such practice. They also said that I have signed an agreement that only withdrew the principal. I have never seen this agreement, how did I sign it? Everyone stay away from this platform, it is a fraud, all kinds of scamming ways, certainly do not give the profit!
Please, the conscientious platform, process my withdrawal. It's been six months, and my account is still showing a loss.
I have lost 20,000 yuan principal, and there are still more than 20,000 yuan to be withdrawn. It has been delayed. Let us withdraw the money quickly, please.
I received an email today after I complained, which showed that my withdrawal was approved and the deduction was made. However, the backend system displayed a rejection. This is unacceptable. If you can't afford to play, then don't play. Not only did they label me, but they also pulled off this stunt in the end.
I placed an order at around 1:00 p.m. on November 10th (Beijing time). I was always optimistic about gold, so I held gold. After 8:00 p.m. that day, the market volatility began to increase, stretching from 1709 (10) to 1730. It didn’t stop until 1770. When it was stretched to 1726, I stopped the profit in time, so I resisted the temptation to close the position. But later, I encountered a problem when withdrawing gold. It has been shown that the gold has passed, but it has not arrived Account, I tried to withdraw the rest of the money, but there was no response. I contacted the customer service, the customer agent, they said that I violated the rules and asked me to write a document admitting the violation. Closing the dialog, the account manager can't handle it either.
I request to withdraw my principal after losing so much. Please process our withdrawals; we've been trying to withdraw for months now.
I deposited at this broker and got a lot of profit. But I couldn't withdraw even my trader cabinet was blocked. Don't deposit with this broker, it's a real scam.
The company found the person in charge of the mainland office surnamed Chen in Jing'an District, Shanghai. His identity information was sent to all. Because I promised to give 30,000 US dollars. So there is no requirement to file a case. The boss behind the scenes also agreed to pay. People didn't hold him accountable that day and he was released. There was no updates.
I contacted the customer service of the official website and asked about the withdrawal issue. This customer service was transferred to another customer service who also did not answer any questions. I was been left on read. After contacting the account manager, they replied that the risk control department had detected the existence of my transaction. Violation. I asked them to indicate which of my trading orders violated their trading rules. The account manager said he didn’t know. It was later explained that if I want to withdraw my principal, I must sign their platform’s trading violation liability agreement. I There is no violation of regulations. Their platform will give you money if they want to. If they don’t want to give it, you can’t receive it. You can only deposit but not withdraw on this platform!
LION Review Summary | |
Founded | 2015 |
Registered Country/Region | Cayman Islands |
Regulation | SFC, MAS, CIMA (offshore), SFC (exceeded) |
Market Instruments | Forex, securities, futures |
Trading Platform | LionBrokersElite for securities and CFDs; LionBrokers for futures |
Live chat, contact form | |
Tel: +60 377322948 | |
Customer Support | Email: 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 Restrictions | The USA, Canada, Haiti, Iran, Suriname, the Democratic People's Republic of Korea, Puerto Rico, Quebec, Iraq, Syria and Cuba |
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.
Pros | Cons |
SFC, MAS regulated | CIMA offshore regulated |
Multiple platforms | SFC exceeded |
Large number of financial products | |
Global presence |
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 Country | Regulator | Regulatory Status | Regulated Entity | License Type | License Number |
SFC | Regulated | Lion Futures Limited | Dealing in futures contracts | BID234 | |
MAS | Regulated | LION INTERNATIONAL FINANCIAL (SINGAPORE) PTE. LTD. | Retail Forex License | CMS101140 | |
CIMA | Offshore | Lion Brokers Limited | Market Making (MM) | 1455005 | |
SFC | Exceeded | Lion International Securities Group Limited | Dealing in securities | BHY491 |
LION boasts more than 10000 securites, 100+ futures and 100+ forex for global clients.
Securities:
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 Instruments | Supported |
Forex | ✔ |
Commodities | ❌ |
Indices | ❌ |
Cryptocurrencies | ❌ |
Shares | ✔ |
ETFs | ❌ |
Bonds | ❌ |
Mutual Funds | ❌ |
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.
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