https://www.libkrsgroup.com
Website
Benchmark
AAA
Average transaction speed (ms)
MT4/5
Full License
LionBrokersLimited-Demo
Influence
D
Influence index NO.1
Speed:B
Slippage:AA
Cost:AA
Disconnected:AA
Rollover:AAA
MT4/5 Identification
Full License
Influence
D
Influence index NO.1
Single Core
1G
40G
More
Danger
Sanction
+852 28209000
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Lion Brokers Limited
LION
Cayman Islands
Pyramid scheme complaint
Expose
Capital
$(USD)
Company Summary
Company profile
Basic Information & Regulation of Lion Financial Group
Based in three major international financial centers, Hong Kong, Cayman, and Singapore, Lion Financial Group connects investors with global financial markets and provides one-stop securities, futures, derivatives, wealth management, and asset management services for Chinese and institutions worldwide through group members who have obtained corresponding licenses in relevant jurisdictions. Lion Financial is currently regulated by the Cayman Islands Monetary Authority (Regulatory Number: 1455005).
Market Instruments
Lion Financial Group provides traders with three main financial products, namely securities, futures, and derivatives (foreign exchange, precious gold, CFDs, indices).
Accounts & Leverage of Lion Financial Group
Lion International offers standard spread accounts and ECN accounts for investors. The minimum initial deposit for a standard spread account is $200, and the maximum trading leverage is 1:400. The minimum initial deposit for an ECN account is $20,000, and the maximum trading leverage is up to 1:200.
Spreads & Commissions of Lion Financial Group
The spreads on standard spread accounts are between 1.2 and 1.5 pips for EURUSD and between 2.1 and 2.3 pips for XAUUSD, with no commission, while the spreads on ECN accounts are between 0.0 and 0.3 pips for EURUSD and between 0.7 and 1.3 pips for XAUUSD, with a commission of 6 USD per lot.
Trading Platforms Available of Lion Financial Group
Lion International offers traders a wide choice of trading platforms, mainly MT4, MT4PC version, iOS trading platform (iPhone), Android trading platform, and LionPlus, which can meet a wide range of traders' needs.
Summary
The main disadvantages of Lion International are:
1. High minimum initial deposit requirements
2. No information on how to access the funds
3. No demo accounts
Broker Name | LION |
Registered Country | Cayman Islands |
Founded Year | 2016 |
Regulation | SFC (Futures contracts), CIMA, MAS, and SFC (Dealing in securities, out of scope bussiness) |
Minimum Deposit | $100 |
Spreads | Low |
Trading Platforms | Web-based and mobile trading platforms |
Tradable Assets | Securities, Futures and Forex |
Customer Support | 24/5 customer support via live chat, email, and phone |
Educational Resources | Lion School containing Newsflash and financial ecoomi |
Established in 2016 and headquartered in the Cayman Islands, LION is a relatively young broker in the forex industry, regulated by various authorities, including the SFC for futures contracts, CIMA, and MAS. As for tradable instruments, clients can trade over 10,000 securities, 100 futures and over 100 currency pairs with LION.
LION operates as a regulated entity in the financial sector, adhering to stringent regulatory standards set forth by several reputable authorities.
Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number |
SFC | Lion Futures Limited | Dealing in futures contracts | BID234 | |
SFC | Lion International Securities Group Limited | Dealing in securities | BHY491 | |
CIMA | Lion Brokers Limited | Market Making(MM) | 1455005 | |
MAS | LION INTERNATIONAL FINANCIAL (SINGAPORE) PTE. LTD. | Retail Forex License | CMS101140 |
SFC (Securities and Futures Commission) - Futures Contracts Regulation:LION is regulated by the Securities and Futures Commission (SFC) in Hong Kong for its activities related to futures contracts. This regulation signifies LION's compliance with the regulatory framework governing futures trading, providing assurance to traders regarding the broker's adherence to industry standards and best practices.
CIMA (Cayman Islands Monetary Authority) - Offshore Regulation:LION is regulated by the Cayman Islands Monetary Authority (CIMA). As an offshore regulatory authority, CIMA oversees financial activities within the Cayman Islands jurisdiction. While offshore regulation can vary in stringency compared to major financial centers, it still imposes essential standards on financial entities like LION.
MAS (Monetary Authority of Singapore) Regulation:LION is regulated by the Monetary Authority of Singapore (MAS). MAS is the central bank and financial regulatory authority in Singapore, responsible for overseeing and regulating financial activities in the country. Regulation by MAS underscores LION's commitment to compliance with Singapore's financial laws and regulations.
SFC - Dealing in Securities (Exceeded Regulation):In addition to its regulation by the SFC for futures contracts, LION has also exceeded the regulatory requirements of the Securities and Futures Commission for dealing in securities.
Being regulated by multiple reputable authorities provides traders with confidence in the broker's operations, ensuring that it operates within a framework designed to protect investors and maintain the integrity of the financial markets.
Pros | Cons |
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LION provides access to three classes of tradable assets, covering 10000 securities, 100 futures, and over 100 currency pairs.
To open an account with LION, follow these concrete steps:
LION offers tailored trading software for securities, futures, and CFD trading, and Lion has developed these platforms to be fully operational on both desktop and mobile devices. This multi-platform approach allows traders to transition between their computers and smartphones or tablets, maintaining consistent access to markets and trading tools regardless of their location.
Securities trading software
Futures Trading Software
CFD trading software
Notably, LION provides the popular MetaTrader 4 for forex trading, which is available on windows, iPhone and android devices.
LION provides comprehensive customer support to assist traders with their inquiries, and concerns:
LION offers an educational resource called LION School, which includes features such as News Flash and Financial Calendar. The LION School team curates global financial news and market reports, presenting a concise overview of information related to securities, futures, and financial derivatives. This service also provides real-time reviews of market events.
In conclusion, LION offers several notable advantages, like access to over 10,000 securities and over 100 forex pairs to trade. However, there are also certain limitations, such as limited educational resources, account types, and payment methods. Overall, Lion is not a suitable broker for beginners and maybe experinced traders who bear the risk can have a try.
What is the minimum deposit required by LION?
To start trading on the LION platform, you need a minimum deposit of $100.
Can I access educational materials to enhance my trading knowledge with LION?
Yes, LION provides a Lion school containing News Flash and Financial Calendar.
Does LION offer a copy trading tool for traders interested in automated trading strategies?
No, copy trading is not supported by LION.
Online trading carries substantial risk, potentially leading to the total loss of invested funds. It may not be appropriate for all traders or investors. It's crucial to fully comprehend the associated risks before engaging in trading activities. Additionally, the content of this review is subject to change, reflecting updates in the company's services and policies. The review's creation date is also relevant, as information could have become outdated. Readers should confirm the latest information with the company prior to making any investment decisions. The responsibility for utilizing the information provided herein lies exclusively with the reader.
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