Regulated: | Regulated by the FCA |
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US Clients: |
Bonus: | $20 Free plus First Deposit Bonus |
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Leverage: | 300:1 |
Free Demo Account: | |
Trading Platform: | MT4, LION Trader, Mobile |
Payment METHOD | NAME | Charge | Time |
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Full Review
About Hirose UK
Hirose UK is a forex brokerage brand owned and operated by Hirose Financial UK limited. The company is authorized and regulated by the Financial Conduct Authority with License number 540244.
Special Offers and Bonuses
The only bonuses that are issued on Hirose UK on a periodic basis are:
a) $20 no-deposit bonus
b) Occasional account deposit bonuses
These bonuses are usually issued by the affiliate partners.
Types of Trading Accounts
Only one live trading account type can be opened on Hirose UK. However, the trader must specify whether the account is to be run on MT4 or on the Lion Trader. Accounts can be denominated in Euros, GBP or USD.
The leverage is 300:1, and the minimum trade size is 0.01 lots.
Trading Platform Features
Hirose UK traders can choose to trade on any of these platforms:
a) MetaTrader4: Hirose UK offers its clients the downloadable version of the MT4 platform, complete with charting tools and all the features of the new MT4 build 600 and above versions.
b) The LION Trader: This is the Hirose UK version of the AcTrader platform.
c) Lion Webtrader: Hirose UK also has a web-based trading platform which can be accessed by Windows and Mac users. There is a different login interface for each account currency (USD, GBP and EUR).
d) Mobile Platforms: Trading can also be done on the mobile trading platforms from Hirose UK. Two versions of the mobile platforms are available: the ActTrader platform and the MT4 platform. Each platform has been configured for the iPhone, iPad, iPod touch and Android devices.
Commissions and Spreads
The commissions and spreads obtainable on Hirose UK are spelt out below.
a) MT4 Spreads
Cross | Typical Spread (Pips) |
EUR/USD | 1.9 |
GBP/USD | 2.9 |
USD/JPY | 1.9 |
AUD/USD | 2.9 |
AUD/CHF | 3.9 |
AUD/JPY | 2.9 |
EUR/AUD | 3.9 |
EUR/CHF | 3.9 |
EUR/GBP | 2.9 |
EUR/JPY | 2.9 |
CAD/JPY | 3.9 |
CHF/JPY | 3.9 |
GBP/AUD | 4.9 |
GBP/CHF | 5.9 |
GBP/JPY | 3.9 |
NZD/JPY | 3.9 |
USD/CAD | 2.9 |
USD/CHF | 2.9 |
AUD/CAD | 6.1 - 7.1 |
AUD/NZD | 8.1 |
CAD/CHF | 6.0 - 7.5 |
EUR/CAD | 6.1 - 6.4 |
EUR/NZD | 10.6 - 10.7 |
EUR/PLN | 70 - 106 |
EUR/SGD | 10.3 - 12.6 |
EUR/TRY | 89 - 100 |
EUR/ZAR | 118 - 268 |
GBP/CAD | 6.0 - 7.0 |
GBP/NZD | 11.8 - 13.0 |
HKD/JPY | 6.0 - 6.1 |
HUF/JPY | 100 - 110 |
MXN/JPY | 8.0 |
NZD/CAD | 7.4 - 8.1 |
NZD/CHF | 6.4 - 6.9 |
NZD/USD | 3.9 |
PLN/JPY | 8.6 - 10.3 |
SGD/JPY | 8.1 - 8.7 |
TRY/JPY | 56 - 57 |
USD/HKD | 51.5 |
USD/HUF | 63 - 88 |
USD/MXN | 115 -175 |
USD/PLN | 58 - 84 |
USD/SGD | 8.4 - 9.9 |
USD/TRY | 56 - 63 |
USD/ZAR | 118 -245 |
XAU/USD* | 34 – 44 |
ZAR/JPY | 3.0 |
b) Lion Trader Spreads
Cross | Typical Spread (Pips) |
EUR/USD | 0.8 |
GBP/USD | 0.9 |
USD/JPY | 0.7 |
AUD/USD | 1.0 |
AUD/JPY | 1.4 |
EUR/GBP | 1.0 |
EUR/JPY | 1.2 |
GBP/AUD | 2.4 |
GBP/CHF | 3.0 |
GBP/JPY | 1.7 |
USD/CAD | 2.0 |
USD/CHF | 1.5 |
AUD/CAD | 5.4 - 6.0 |
AUD/CHF | 4.0 |
AUD/NZD | 7.5 |
CAD/CHF | 4.1 - 4.8 |
CAD/JPY | 3.2 |
CHF/JPY | 2.8 |
EUR/AUD | 3.9 |
EUR/CAD | 4.4 - 4.8 |
EUR/CHF | 2.0 |
EUR/NOK | 87 - 139 |
EUR/NZD | 12.1 - 12.2 |
EUR/PLN | 95 - 112 |
EUR/SEK | 82 - 156 |
EUR/SGD | 6.8 - 9.8 |
EUR/TRY | 49 - 72 |
EUR/ZAR | 114 - 230 |
GBP/CAD | 7.0 - 7.8 |
GBP/NZD | 12.8 - 13.1 |
HKD/JPY | 3.5 - 3.8 |
HUF/JPY | 90 - 110 |
MXN/JPY | 7.0 |
NOK/JPY | 3.1 - 4.4 |
NZD/CAD | 6.1 - 11.1 |
NZD/CHF | 7.2 - 7.4 |
NZD/JPY | 5.0 |
NZD/USD | 2.0 |
PLN/JPY | 9.1 - 10.1 |
SEK/JPY | 2.9 - 3.6 |
SGD/JPY | 5.0 - 7.1 |
TRY/JPY | 36 - 38.4 |
USD/HKD | 30.0 |
USD/HUF | 30.0 |
USD/MXN | 125 - 156 |
USD/PLN | 55 - 65 |
USD/SGD | 8.6 - 11.2 |
USD/TRY | 46 - 48 |
USD/ZAR | 105 -185 |
ZAR/JPY | 5.0 |
Charting Packages
Charts on Hirose UK are available on the respective MT4 platforms as well as the Lion Trader platform.
Education and Demo Accounts
Hirose UK has a comprehensive forex education suite, which is listed below:
a) A general forex trading guide.
b) A trading manual for both the MT4 and the Lion Trader platforms.
c) Technical and fundamental analysis
d) A forex glossary.
e) A brief forex tutorial on the essentials of a forex trade.
Traders also get access to a free and unlimited forex demo account for both the MT4 and Lion Trader platforms.
Customer Service
Hirose UK customer support is available via the following means of communication:
- Physical Address: Hirose Financial UK Ltd. 27 Austin Friars, London, EC2N 2QP
- Live Chat
- Customer Support Email: [email protected]
- TEL Free: 0800 860 0923
- TEL Local: 0207 614 3580
- TEL International: +44 (0)20 7614 3580
- FAX Local: 0800 860 0924
- FAX International: +44 800 860 0924
- Online email form
Deposits and Withdrawals
Deposits can be made on Hirose UK as follows:
a) Skrill (Moneybookers)
b) Neteller
c) UnionPay
d) Fasapay
e) Credit Cards: Diner’s Club, VISA and MasterCard are methods of conducting credit/debit transactions.
f) Bank wires are also used for depositing and withdrawing funds.
g) Cheque
Deposit Limits
The minimum deposit requirement differs from one transaction method to another. The deposit minimums are as follows:
– Fasapay: $10
– Credit card: $50
– Skrill: $20
– Neteller: $20
– UnionPay: 100 CNY
– Wire Transfer: $50
Credit card deposits are instant, while wire transfers take up to 3 business days to be credited to the account. The other e-wallet methods take one hour.
Withdrawal Limits
The limits of withdrawals for the various methods of transaction are displayed as follows:
Credit/Debit Card | Fees: Free Minimum Withdrawal Amount: 20 GBP, 20 USD, 20 EUR |
Moneybookers | Fees: Free Minimum Withdrawal Amount: 20 GBP, 20 USD, 20 EUR |
Neteller | Fees: Free Minimum Withdrawal Amount: 20 GBP, 20 USD, 20 EUR Maximum Withdrawal Limit: 5,000USD per transaction |
UnionPay | For GBP, £2 per a transaction For EUR, €2.5 per a transaction For USD, $3.5 per a transaction Minimum Withdrawal Amount: 20 GBP, 20 USD, 20 EUR Maximum Withdrawal Limit: 7,300 USD per a transaction See Important Note |
Fasapay | Fees: 0.5% Minimum Withdrawal Amount: 20 USD or 200,000 IDR Maximum Withdrawal Limit: See Fasapay Deposit/Witdrawal Limit *If you make a deposit in Rupiah (IDR) Hirose UK will return the funds (withdrawal) in IDR as well. If you make a deposit in USD, your withdrawal will be pay in USD as well. See Important Notes. |
Local Wire transfer | For GBP, No Fees For EUR, £8.50 per transaction For USD, £8.50 per transaction *Please be aware that you may incur additional fees from your bank when transferring US dollars and Euros funds. Minimum Withdrawal Amount: 20 GBP, 20 USD, 20 EUR |
International Wire Transfer | For EUR, £5.00 For USD, £8.50 per transaction For GBP, £8.50 per transaction *You may incur additional fees when international wire transfer funds are returned to your beneficiary bank. These fees can vary from country to country so please check with your own bank. Minimum Withdrawal Amount: 50GBP, 50 USD, 50 EUR |
Conclusion
Hirose UK caters for all types of traders with their multiple account types, trading platforms and trade conditions. Traders can therefore choose their own trading conditions as it suits their trading styles.