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Hirose-fx Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-28 10:57

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
Founded2004
Registered Country/RegionJapan
RegulationFSA
Market InstrumentsForex, CFDs on stock index, ETFs, and commodities
Demo Account✅
LeverageUp to 1:20
EUR/USDSpread0.3 pips
Trading PlatformLION FX, LION CFD
Min Deposit$0
Customer SupportContact 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.

Hirose-fx's homepage

Pros and Cons

Pros Cons
Regulated by FSANo Islamic account
Demo accountsNot support MT4 or MT5
Low spreadsLimited payment options
No commissionsNo live chat
No minimum deposit
No deposit and withdrawal fees
Various channels for customer support

Is Hirose-fx Legit?

  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 AuthorityCurrent StatusRegulated CountryLicense TypeLicense No.
Financial Services Agency (FSA)RegulatedJapanRetail Forex License近畿財務局長(金商)第41号
Regulated by FSA
Disclosure
Is Hirose-fx Legit?

WikiFX Field Survey

  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.

WikiFX Field Survey

What Can I Trade on Hirose-fx?

  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❌
What Can I Trade on Hirose-fx?

Leverage

  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.

Leverage

Spread and Commission

  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.

Spread and Commission

Trading Platform

  Hirose-fx uses its own trading platforms, which are LION FX and LION CFD.

Trading PlatformSupported Available Devices Suitable for
LION FX✔Web, desktop, mobileForex traders
LION CFD✔Web, desktop, mobileCFD traders
MT4❌/Beginners
MT5❌/Experienced traders
Trading Platform
Trading Platform
Trading Platform

Deposit and Withdrawal

  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 OptionMin DepositFeeProcessing Time
Quick deposit$0❌Instant
Quick deposit at ATM
Bank transfer
Withdrawal OptionFeeProcessing Time
Real-time withdrawal❌9:30 to 14:30: Instant
After 14:30: waiting until 9:30
Regular withdrawal0:00 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
Deposit and Withdrawal
Deposit and Withdrawal

Related broker

Regulated
Hirose-fx
Company name:ヒロセ通商株式会社
Score
7.98
Website:https://hirose-fx.co.jp/
15-20 years | Regulated in Japan | Market Making License (MM) | Self-developed
Score
7.98

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