Independent rating of Forex broker Hirose UK

About company

Hirose Financial UK is a forex broker that offers a variety of trading solutions for the foreign exchange community. The company is regulated by the Financial Conduct Authority (FCA). Hirose Financial UK is a subsidiary of Japanese Hirose Tusyo founded in 2004. It is one of the largest OTC providers and an award-winning foreign exchange broker. Hirose Group renders margin services to more than 200,000 forex traders worldwide, carrying out transactions worth more than $200 billion per month. In 2010, the company became the first Japanese foreign exchange broker to open a FCA-regulated office in London. Hirose Financial UK uses some of the latest transaction processing technologies that allow users to simultaneously coordinate thousands of transactions without requotes, using straight-through processing. This also means that traders can implement any strategy from scalping to long-term trading thanks to core liquidity available to Hirose Financial UK.

Trading conditions

Hirose Financial UK does not charge any commissions or fees other than the spread. Thus, the broker gives its clients an opportunity to increase their profit potential. The company offers two types of accounts: a demo account for novice traders and a micro lots account for those who are ready to try their hand at actual trading. The minimum deposit in the company starts from $20. The spread is floating from 1.9 pips for MetaTrader 4 and from 0.8 pips for the LION Trader platform. There is no information on bonus programs on the broker’s official website. The Training section features the glossary and data on the basics of currency trading.

Trading platform

Clients can trade through MetaTrader 4 and LION Trader. Both trading platforms are available in both desktop and mobile versions.

Support service

Clients can contact the company’s support service via Live Chat, feedback form, email, and phone. The support service works from Monday to Friday, from 09:00 a.m. to 06:00 p.m.

Deposit and withdrawal of funds

Deposits are in pounds sterling, euros, and US dollars. The company offers the following deposit methods: wire transfers, electronic payment systems (Neteller and Skrill), as well as Visa and MasterCard credit cards.

Traders’ reviews

Traders' comments about cooperation with Hirose Financial UK are mixed. There are traders who praise the company for a favourable spread. Others complain about lengthy withdrawal of funds and bad support service.

Advantages:

• favorable spreads
• user-friendly trading platforms
• various deposit methods
• micro lot trading

Disadvantages:

• outdated website
• no bonus programs
• negative reviews