Reviews of the best Forex brokers on the market.

Hirose Financial UK

Hirose Financial UK Review

Author
  • Leverage
  • Support
  • Platforms
  • Funding

Reviewed by:
Rating:
5

Summary:

Hirose Financial UK Ltd. is a wholly owned subsidiary of the well known Japanese forex broker Hirose Tusyo Inc. Although the UK company is rather young (established in 2010), the Japanese parent company, Hirose Tusyo , has been around for over 8 years.

Numerous people would be surprised to find out that around 30% of total retail Forex trading volume is generated in Japan. While most of us are aware of European and US brokers, Japanese brokers and their trading conditions have remained unclear and inaccessible, until now.

Recently a one of the most successful Japanese Forex brokers, Hirose Tusyo Inc, has stepped in the European market by acquiring an FCA licence in London and establishing a subsidiary company – Hirose Financial UK Ltd.

  • Best Spreads
  • LION Trader
  • Live Support
  • MetaTrader 4
  • US Traders

You are able to start trading on real account with as little as 3 GBP, 4 EUR or 5 USD.

Hirose UK Review

Hirose Financial UK Overview

Hirose Financial UK Ltd. is a wholly owned subsidiary of the well known Japanese forex broker Hirose Tusyo Inc. Although the UK company is rather young (established in 2010), the Japanese parent company, Hirose Tusyo, has been around for over 8 years. Thus, despite Hirose’s short presence in the European market, we can generally state that it is quite a trustworthy and reputable broker with outstanding trading conditions.

Hirose Financial UK is headquartered in London, UK and it became the first Japanese broker to become regulated by the FCA in the UK. It provides access to online currency trading with no dealing desk intervention, which results in the absence of re-quotes. Besides that, Hirose is a straight-through processing broker that forwards your orders directly to the banks and other liquidity providers, resulting in extremely fast execution speeds.

Please note that traders from the the United States of America cannot open an account with Hirose Financial. Therefore, if you are a resident of the States, it is advised that you look at the top forex brokers available in your country.

Key Hirose Financial Features

Hirose Financial is one of the best choices for forex trading, mainly due to some of the tightest spreads in the industry.

Besides the spreads, there are numerous reasons to trade forex with Hirose Financial:

  • Custom platform – LION Trader, available in desktop, web and mobile editions
  • MetaTrader 4 – available as a desktop version and in a form of mobile apps
  • Live chat availability
  • Numerous educational material and explanatory articles
  • Regulations and impeccable background history
  • FX Rebates bonus
  • 1:300 leverage
  • Micro lot availability
  • Great execution, especially for algorithmic trading

Many brokers offer a huge amount of services and most probably one would not need the majority of them. Such brokers therefore tend to value the quantity of their services over quality.

The main advantage of Hirose Financial is a provision of limited services, but with superior quality. As a result, one is able to get the most out of the trading activities, while not being distracted with numerous unattractive offers.

Hirose Financial Weak Points

Since not only LION Trader, but also MT4 is available at Hirose Financial, it is difficult to find a weak point of this broker. One can generally agree that various forms of signal trading and managed accounts are getting more and more popular and such features are not yet available with Hirose. Another weak point can be a lack of CFDs and precious metals, but this is generally compensated with extremely attractive spreads on FX instruments.

Hirose Financial Trading Accounts

Hirose Financial provides two types of trading accounts, a live account and a practise account. In general, this is a very good policy, while most of the brokers provide better trading conditions for large deposits, Hirose Financial provides superior trading on all of its live accounts.

  • LION Trader Practice Account

Since Hirose provides forex trading services with LION Trader, we would strongly encourage you to open a Practice Account and learn more about this platform. In general, the trading conditions on a practice account are completely identical to the conditions on a real account. Practicing forex with Hirose is a free experience and the registration is fast and straightforward…

Hirose Financial UK Demo

  • MT4 Practice account

While many of you can be already familiar with MT4, it is still advisable to try Hirose UK demo account, which can be directly opened from a platform. While trading on demo account, you can overview the spreads and make sure that the speed of execution is quite fast.

Hirose UK MetaTrader 4 Practice Account

Setting up a MT4 demo with Hirose UK is only a matter of seconds.

  • LION Trader Live Account

Hirose does not ask you for any deposit to open a Live Account, although you still need to make a deposit to trade real funds. Hirose Financial provides traders with Micro lot trading, meaning that you are able to start trading on real account with as little as 3 GBP, 4 EUR or 5 USD.

All in all, Hirose Financial specialises in Forex trading only and provides some of the best spreads in the industry. On average you are able to receive the following spreads between GMT 0:00 GMT to 19:00 GMT:

  • EUR/USD – 0.8 pips
  • USD/JPY – 0.7 pips
  • GBP/USD – 0.9 pips
  • EUR/GBP and AUD/USD – 1.0 pips

Besides that, Hirose will not charge any commission on your trading, meaning that the spread will be the only expense.

Hirose Financial UK Open AccountRegistering for a real account with Hirose Financial is again fast and straightforward. You will have to agree to the terms and conditions, fill in the registration form and wait while your account is approved.

  • MetaTrader 4 Live Account

Starting from March 2013 Hirose UK is offering MT4 trading accounts. While LION Trader still remains quite a great platform with extremely tight spreads, some traders would be looking for MT4 trading accounts only and Hirose UK also provides superior services on this matter.
MT4 trading with Hirose UK is done via Straight Through Processing (STP), hence the speed of execution is incredible. Besides that, Hirose offers over 45 currency pairs on its MT4 accounts. The minimum trade size is set to be 1000 currency units, thus one can trade 0.01 lot with Hirose UK. As for the leverage, it is not the largest we have encountered, but it is fairly decent 1:300.
As for the spreads, LION Trader has slightly better conditions to offer. A typical spread on majors starts at 1.9 pips on Hirose MT4 account and there are no restrictions applied for the trading strategies. You can scalp, hold long-term positions or use any type of Expert Advisor for your trading.

Hot! Hirose Financial Bonus

Hirose Financial provides rebate campaigns on its MT4 and LION Trader, which results in having your tight spreads even tighter.

MT4 Rebate Conditions

This exciting campaign runs until 30th of November 2013. To participate in this camping you need to follow these simple rules:

  1. Open and fund your MT4 account
  2. Start trading EUR/USD, USD/JPY, GBP/USD, EUR/JPY or GBP/JPY
  3. Fill in the application form for this promotion once you want to receive the rebate. Don’t forget that it should be done before30th of November 2013

Once you application is submitted, Hirose Financial will review it and will provide the rebate funds to your account within 20 business days. Rebates are provided in the account currency and are generally executed in the following way:

  • USD Accounts receive 10 USD rebate for 10 Lots
  • EUR Accounts receive 7 EUR rebate for 10 Lots
  • GBP Accounts receive 6 GBP rebate for 10 Lots

The rebates are given for the trading volume starting at 10 lots and go as high has 1,000,000 lots. For more information about this campaign please click here.

LION Trader Rebate Conditions

This campaign is rather similar to the previous one. It is aimed for the people that prefer LION Trader to the classic MT4 trading platform. The promotion runs until 30th of November 2013. To participate in this camping you need to follow these simple rules:

  1. Open and fund your LION Trader account
  2. Start trading EUR/JPY or GBP/JPY
  3. Fill in the application form for this promotion once you want to receive the rebate. Don’t forget that it should be done 30th of November 2013

The rebate funds are transferred to your account within 20 business days from the application submission date. Rebates are provided in the account currency and are generally executed in the following way:

  • USD Accounts receive 5 USD rebate for 10 Lots
  • EUR Accounts receive 4 EUR rebate for 10 Lots
  • GBP Accounts receive 3 GBP rebate for 10 Lots

The  minimum trading volume that qualifies for this campaign is 10 lots (or 1,000,000 currency units) and the upper volume limit for the rebates is 2,000,000 lots. For more information about this campaign please click here.

Hot! Get $/€/£10 in Free Trading Credits when you open a Lion Trader or LION MT4 Account

Not sure if Hirose Financial is the best choice for you? Try their live accounts risk-free with the FREE 10 Trading Credits. This promotion is valid until 30th of November 2013, so hurry up before it is too late.

Participating in this campaign is very easy; to get your trading account preloaded with 10 EUR, USD or GBP you just need to open an account with Hirose Financial before 30th of November 2013.

Note that this promotion applies only for the first account and it is only directed to the new clients.

In addition to this, your 10 Trading Credits cannot be taken out, however the profit generated on the account  (up to 50 EUR, USD or GBP) is fully yours and can be cashed out anytime via wire transfer. Visit this page For more information.

Hot! Hirose Financial UK Trading Contests

Hirose Trading Contest

How to participate in the LIVE Trading Contests:

  1. Open a LION Trader or MT4 trading account with Hirose UK (if you do not have one)
  2. Apply for the Trading Contests by filling in the application form before or until 21:00GMT on 15th November 2013. If you apply after the Trading Contests has started, any opening trades made after the time of application will be applicable for the Trading Contests.
  3. Please read carefully the LION Trader & MT4 Forex Trading Contests Terms and Conditions

Hirose Financial Bonus Conditions

While Hirose offers great rebate program for MT4 clients and provides free trading credits for LION Trader users, it goes even more beyond in the services and now provides a deposit fee waiver campaign.

The campaign is rather simple, make a deposit in EUR, GBP or USD via Bank, Skrill, Credit/Debit Card and get the sending costs back straight away!

Hirose No Admin Fee Card Deposits

Hirose Financial Trading Software

  • LION Trader

This trading software provides traders with a lightning-fast speed of execution and user friendly interface. Besides that, it has a great amount of customization options and powerful charting tools.

LION Trader has a simple interface, which is not overloaded with unnecessary items, thus you can focus on your trading without being distracted by functions that you are not going to use.

Hirose Financial LION Trader

LION Trader is provided in both, desktop and web versions. In addition to this, LION Trader supports 1-click trading.
Besides that, if you are on the go, you can still trade with LION Trader since it is provided for mobile devices running IOS and Android.

One of the key advantages of LION Trader over MT4 is the amount of available charting tools and the ease customizing and applying them. As you can see below, it is possible to add multiple indicators simultaneously, while these indicators’ appearance can be edited before their placement. In addition to this, it is possible to use custom indicators, as well as create a list of your favorite ones.

LION Trader Chart Indicators

If your trading strategy is based on any of the trading indicators, you will definitely find LION Trader of great use. Also, this software provides 11 time frames for you analysis.

In addition to this, you can directly fund your account via the trading platform!

LION Trader Make a Deposit

  • MetaTrader 4

The most widespread and the most appreciated trading platform for foreign exchange market is now available at Hirose UK. MT4 has an extreme amount of charting tools available, as well as very sophisticated features.

Hirose UK only provides traders with an access for currency pairs at MT4 account, nevertheless, over 90% of the total volume is generated at EUR/USD pair, so the lack of CFDs should not impact you enormously.

A simple, yet clean and stable MT4 is found at Hirose Financial broker.

Hirose MetaTrader 4

In addition to this, Hirose UK terminal includes the recently released One-Click-Trading.

Hirose MT4 One Click Trading

As already mentioned, there are no limits when it comes to MT4 trading. You can use any Expert Advisor developed at MQL4 language, scalp and go for long-term trades.

In addition to desktop trading software, Hirose UK let’s you trade forex via Android and iOS mobile versions of the MetaTrader 4.

Hirose Financial Trading Conditions

Hirose Financial provides superior trading conditions for trading forex. Please note that CFDs, precious metals and other non-fx instruments cannot be traded with this broker.

  • Forex via LION Trader

Hirose Financial provides you with a possibility to trade over 50 currency pairs. Moreover, it is possible to trade standard, mini and even micro lots, thus the minimum amount of funds that you need to start trading is as low as 3 GBP in margin requirement.

In addition to this, Hirose Financial provides fixed leverage of up to 1:300, meaning that you can open a position up to 300 times larger than the amount of your deposit.

They key advantage of Hirose Financial is the tight spreads, starting from 0.7 pips.

Hirose Financial Spreads

The typical spreads from 00:00 GMT to 19:00 GMT are reflected on the table to the right.

Numerous brokers also offer similar spreads, however those brokers charge you a commission based on your volume. It is not the case with Hirose Financial, there are no hidden costs, the only price you pay is the spread!

It is possible to open an account with Hirose Financial in three currencies – GBP, USD and EUR.

  • Forex via MetaTrader 4

Most of the conditions at Hirose MT4 are quite similar to the LION Trader, the main differences are in trading instruments, thus some exotic pairs are not available in MT4. Also, the spreads at LION Trader seem to be better.

Hirose UK spreads on MetaTrader 4 start at 1.9 pips, which is rather competitive when compared to other MT4 brokers.

Hirose Financial Deposits and Withdrawals Methods

This broker accepts the most common ways for depositing funds and currently Hirose Financial compensate your commission paid on deposits via every possible mean except of the cheques with the deposit fee waiver campaign! Depositing and withdrawing methods in Hirose Financial include:

  • Visa, MasterCard and Maestro Cards

Minimum deposit via a card is 50 GBP, EUR or USD and there is no commission for UK Debit Cards. Credit Cards and Debit Cards outside UK will be charged a 2%-2.5% commission.
  • Wire Transfers

Hirose Financial holds three types of accounts in Barclays Bank, please make sure that you deposit to the account denominated in the currency of your trading account.
Hirose does not charge any fees for wire transfers in, however your local bank may.
  • Skrill (Moneybookers)

Minimum deposit via Skrill is from 20 GBP, EUR or USD and minimum withdrawal is from 10 GBP, EUR and USD.
  • UK Cheques

Be kindly advised that it may take up to 10 days for cheques to clear.

As for the withdrawal, there are three options available:

  • Credit/Debit Card – free
  • Local Wire Transfer – free for GBP accounts, 8.50 GBP per transaction for EUR and USD accounts
  • International Wire Transfers – 8.5 GBP for all currencies

Please do not forget about currently running deposit fee waiver program that eliminates the costs of sending funds via all available methods except of the cheques.

Hirose Financial Review Summary

Hirose UK is a wholly owned subsidiary of a very reputable Japanese broker Hirose Tusyo and it is licenced by the FCA in the UK, thus this broker is a safe place to put your funds. Even though it is a quite young broker in the European market, Hirose has over 8 years of experience in the industry.

Hirose provides great trading conditions, customer service of a superior quality and an innovative trading platform – LION Trader. Recently it has enabled trading via MetaTrader 4 desktop and mobile platforms. Since you are likely to be unfamiliar with this platform, Hirose provides a free practise account.
In order to start trading on a live account only a deposit is required (£,$ or Euro20) and one can start trading with as little as 3 GBP or 4 EUR or $5 per lot.

Hirose Financial offers over 50 currency pairs and the spreads are start at 0.7 pips.

As one of the best forex broker review sites, we would recommend Hirose Financial; experience their great trading conditions and try the innovative trading platform or simply stick to the common MetaTrader 4.

Leave a Comment

Your email address will not be published. Required fields are marked *

Choose a Rating

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>