Lion Binary Options Broker Review

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LION Binary Options

Broker Lion Binary Options
Website URL http://hiroseuk.com/lionbo/
Headquarters London
Support Types Email, Telephone, Live Chat
Languages English , Bahasa Indonesia , Chinese
Trading Platform Lion Binary Options Platform
Minimum 1st Deposit None
Minimum Account Size None
Minimum Trade Amount $5
Bonus No deposit Free $10 Trading Credit
Regulation UK’s Gaming Commission
Deposit Methods VISA , MasterCard , Maestro , Neteller, UnionPay, Skrill Moneybookers, fasapay, Bank Wire Transfer
Trading Methods Classic Binary Options, One Touch, 60 Second Options, Long Term Options, Pairs Options
Number of Assets 4 Currency Pairs
Option Types Currency
Overall Score 88/100

Hirose Financial UK Ltd is the UK’s trading arm of the Japanese forex broker Hirose Tusyo Inc. Founded in 2004, the company specializes in providing spot forex trading services to retail investors. In a bid to capture a piece of the lucrative binary options market, Hirose Financial UK Ltd recently expanded their product offering to include binary options. Trading under the brand name of Lion Binary Options, the trading platform is regulated by the UK’s Gambling Commission under the reference number 35485 instead of under the Financial Conduct Authority (FCA). Currently, the trading hours are limited from 11.25pm (GMT) to 5.50pm (GMT) the next day. Nevertheless, the company do intend to extend their trading hours in the near foreseeable future. Check out the LION Binary Options site by clicking here.

Target Market & Customer Support

With regards to the target market, Hirose Financial UK Ltd makes no secret about the fact that the company present’s goal is just to attract some trading volume from its own forex customer base by enticing them with the relatively higher payouts of binary trading. This is probably one of the reasons why the current trading hours are rather limited. As for customer support, traders can get in touch with the support team through email, live chat or the telephone. For general enquires, customer support is available during normal office hours which is from 9:00 am to 6:00 pm (GMT) Monday to Friday.

Trading Platform & Features

The Lion Binary Options trading platform is a proprietary trading platform which bears no resemblance to any of the white label platforms used by most binary brokers. Nevertheless, the platform user interface is simple to understand and operate. Traders simply just need to decide the direction (High/Low) and amount that they want to invest. Once they have made up their mind, they just click on the “Purchase” button to execute the trade.

Markets Coverage

In terms of market coverage, Hirose UK still have a long way to go before they can compete with a dedicated binary broker. At present, traders can only trade currency pairs and this is also limited to just 4 major pairs namely, GBP/USD, AUD/USD, USD/JPY and EUR/USD. Apart from the limited number of underlying assets, traders are also limited to just trading High/Low options. Hopefully, Hirose UK will introduce more assets and asset classes for traders to choose from in the near future.

Trading Accounts

For new traders wanting to trade binaries with Hirose UK, they will need to open a MT4 USD account. For existing clients of Hirose UK, binary trading is not available for trading accounts which are denominated in EUR or GBP. So they will also need to apply for a MT4 USD account before they can start trading binaries.

Payouts & Bonuses

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The return which traders can expect from Hirose UK is a maximum of 80%. As for bonuses, they are currently offering new traders $10 in trading credit when they open a live trading account. No deposit is necessary to claim the $10 trading credit.

In terms of product offering and services, Hirose UK will need to expand their range of assets and so does the types of trading contracts. So unless one is contented just with trading with one of the largest brokerage firm in the world, the company’s bet into binary trading still need a lot tweaking. Click here to visit the LION Binary Options website now!

Broker Review: Lion Binary Options

Lion Binary Options offers their services as a binary options broker in the financial markets. This broker is operated under Hirose Financial MY Ltd., a multinational company that serves financial services across the world. With more than 200,000 global client accounts and around $200 billion transactions per month, they claim themselves as one of the most prominent brokers in the financial industry.

As for customer support, traders can get in touch with Lion Binary Options by completing their contact form at their live chat section or sending then emails at [email protected] Hirose Financial MY Ltd. is located at Level2, Lot 19, Lazenda Commercial Centre, Phase 3, 87007 F.T. Labuan, Malaysia. Besides Malaysia, their offices are also situated in UK, Japan, and Hong Kong.

Lion Binary Options Review

Hirose claims to implement Lion Binary Options with some of the latest transaction processing technology which allows them to transact thousands of trades simultaneously without re-quotes or any delays. They also claim that their clients can deploy any type of trading strategy they want, from scalping to long-term trading due to the underlying liquidity that Hirose Financial has access to in the background.

Lion Binary Options aims to assist their clients with maximum trading flexibility and friendly trading environments through their innovative financial services and expeditious customer support.

Let’s have an overview of their features and offers:

Trading Facilities

  • Minimum trade starts from $1 only
  • Trade from 30 seconds up to 60 minutes!
  • Maximum Payout 90%
  • One Click Order
  • Manual Close Position Feature
  • Technical Indicators & Trend Lines
  • No Fee or Commission
  • Withdrawable Deposit Bonus Available

Trading Platforms & Tools

Registered clients get full access to their web-based trading platform “Lion Binary Pro” that covers all sorts of currency pairs available around the Forex market. This platform provides built-in trading tools and user-friendly interface so that even a newbie trader can dare to win in the binary options market consistently.

They also offer free indicators to their clients. These Indicators are claimed to assist the traders in improving their trading performance by letting them explore a greater overview of the market trend. They also provide educational tools so that clients can get proper idea about how to predict High or Low correctly while trading at the market.

Free binary options indicators is a great way to increase your win rate, and many brokers are starting to offer this as you can see with HighLow, and RocketOption.

Bonus & Campaigns

Lion Binary Options offers straight 50% bonus on total amount deposited by the clients. This bonus is available for withdrawal after completing the required volume of trading. They also offer several tutorial materials to their clients to help them face the binary options challenges.

Payment Methods

They offer the following payment methods for deposit and withdrawal purposes:

  • VISA
  • MasterCard
  • Maestro
  • Neteller
  • UnionPay
  • Skrill Moneybookers
  • Fasapay
  • Bank Wire Transfer

This broker doesn’t charge any fee on deposit amounts.

Limitations

This broker is unable to accept applications for opening the live trading accounts from residents of the U.S., Japan, EU, and EEA countries.

License & Awards

Hirose Financial MY Ltd. is a company registered in Malaysia, company registration number LL11365. They are also authorized and regulated by the Labuan Financial Services Authority with the FSA registration number MB/15/0006.

In 2020, they won the Forex Magnates awards as the Best Affiliate Service provider in Tokyo Summit. They had also secured the 1st place in Oricon Japan Customer Satisfaction Ranking Award for three consecutive years (2020, 2020 & 2020).

Complaints & Claims

We’ve noted some serious complaints about Lion Binary Options from several blogs and review sites. Several individuals claim to run into withdrawal issues in trying to recover their deposited money or profits from their trading accounts of the broker. Furthermore, many of them had ended up losing their access to the personal accounts section of the broker after attempting several withdrawal requests. Some of the complaints have accused the broker’s customer service department of being silent over the withdrawal-related queries.

None of these complaints are verified, and there are very few of them so I am not overly concerned by this.

Conclusion

Based on our review, it is quite clear that Hirose Financial MY Ltd. has tried every possible way to establish Lion Binary Options as a top client friendly financial broker. However, they’ve failed to explain the reason for not accepting account opening applications from the citizens of UK, Japan, and EU countries. Besides, they are not regulated by trusted organizations like CySEC, FCA or CPA. Therefore, we cannot recommend them as a trusted binary options broker to the clients yet.

Broker Review: Lion Markets

After a couple of emails about Lion Markets, I’ve decided to provide a full review and analyze what it has to offer the options community. In this review, I will be providing a personal take and also analyzing data that is already available online. This includes real customer feedback and reviews from other binary options websites.

The broker is operated by Advanced Innovative Securities Limited, located at Vantu house, 133 santina parade, elluk, port vila, efate, Vanuatu. Support can be reached via a contact form, [email protected], or phone +44-203-318-5526 and +44-203-868-6977.

Lion Markets Review

The Lion Markets team feel that they are the best and sell themselves as the “leading binary options trading platform.” They believe that they are ahead of other brokers in terms of security features, tools and education. Their staff is available 24/7, and their professional brokers promise to guide traders to success. The utilize the SpotOption platform which is used by a large portion of binary options brokerages. In order to trade, traders just need to log onto the website because their platform is 100% web-based.

For deposits and withdrawals, traders can use credit card, wire transfer or e-wallets.

In many ways, the website seems like it’s missing elements. The article section consists of 4 articles, and none of them are particularly helpful. The glossary section is equally as disappointing with a collection of only 18 definitions regarding the binary options market. Then, there is the market review section which is supposed to provide a daily market analysis, but there are no entries found. At the bottom of the page, there is a link to their education center but this just takes me to an explanation of what the Lion Markets education center is. There is no actual education here, so maybe this is only available to members.

Breakdown

  • Type: Binary Options Broker
  • Platform: SpotOption
  • Minimum Deposit: $250
  • Minimum Trade: $10
  • Asset List: 140
  • Payout: Up to 89%

Consumer Consensus

Now is the part of the Lion Markets review where I go over some of the feedback from clients that can be found on the Internet. To be fair, not all reviews and comments on the Internet can be trusted 100% but it’s important that we look at both sides of the story to get a balanced opinion.

It’s quite clear that the user feedback on this brokerage isn’t very positive at all. One of the user review sites which is generally pretty reliable has 5 reviews in total, and each review is essentially calling the broker a scam. This is not a good sign.

The stories are very similar to stories we’ve seen with other poor brokerages. These clients sucked in to deposit more funds and then the broker support staff disappears when withdrawl requests are made.

Conclusion

I wanted to come to a better conclusion about the Lion Markets brokerage, but I just don’t see how I can move past all of their negative client reviews. If this was a collection of reviews from scam he review sites then I would understand, but I do believe that these reviews are from actual clients. Their stories are very specific, and these type of details are very common practices with other binary options brokerages.

If you have another opinion, or you would just like to add your story to the list, please leave your comment about this broker now.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    1st Place! Best Binary Broker 2020!
    Best Choice for Beginners — Free Education + Free Demo Acc!
    Sign-up and Get Big Bonus:

  • Binomo
    Binomo

    2nd place! Good choice!

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