LION Information

LION is a financial company registered in Cayman Islands and started its business since 2015. With its dual headquarters in Hong Kong and Singapore, the company expands its global presence to USA, Dubai, Malaysia, Vietnam and so on.

Its business scope mainly focus on trading in forex, securites and futures, and product number is said to be more than 10000 kinds. There's an education center with “Lion School” where traders can get “news flash” for market trends analysis and financial calendar to reach the latest market updates.

The broker is decently regulated by two authorities: SFC (Securities and Futures Commission of Hong Kong) and MAS (Monetary Authority of Singapore), assuring some level of credibility and reliability in these countries.

However, the broker also holds an offshore license from CIMA (Cayman Islands Monetary Authority) and an exceeded license from SFC (Securities and Futures Commission of Hong Kong), which should raise traders' attentions about potential risks.

Pros and Cons

Is LION Legit?

LION is officially regulated by SFC (Securities and Futures Commission of Hong Kong) and MAS (Monetary Authority of Singapore), with a licenses numbering at BID234 and BID234 respectively.

However, the broker also holds an SFC exceeded license and a CIMA offshore license, imparing its liability.

Regulated Country	Regulator	Regulatory Status	Regulated Entity	License Type	License Number
	SFC	Regulated	Lion Futures Limited	Dealing in futures contracts	BID234
	MAS	Regulated	LION INTERNATIONAL FINANCIAL (SINGAPORE) PTE. LTD.	Retail Forex License	CMS101140
	CIMA	Offshore	Lion Brokers Limited	Market Making (MM)	1455005
	SFC	Exceeded	Lion International Securities Group Limited	Dealing in securities	BHY491

What Can I Trade on LION?

LION boasts more than 10000 securites, 100+ futures and 100+ forex for global clients.

Securities:

• Lion A-shares Stock Connect: Offers leveraged investments up to 2.5 times through Total Return Swap (TRS) derivatives, ensuring client privacy and low financing costs.
• Hong Kong and U.S. Equities: The T+0 same-day selling enables immediate trading for enhanced flexibility.

Futures:

Enables direct access to top international exchanges with a safe and standardized market, traders can access millisecond data updates.

Forex:

Traders can enjoy spread from as low as 0 pip with forex trading, STP-ECN trading model and flexible leverage options, with no commission from deposits and withdrawals.

Trading Platform

LION provides two trading platforms: LionBrokersElite for securities and CFDs; LionBrokers for futures. Traders need to download different apps for different products.

Both platforms are downloadable from Windows, macOS, iOS and Android devices. Traders can approach real-time monitoring of their transactions and financial instrument trends with these platforms.

BP Prime Information

BP Prime is the trading name of Black Pearl Securities Limited, a brokerage company who was established in 2013 and deals in forex, commodities and indices tradings for both retail and professional clients. The minimum deposit requirement is pretty high from $5,000 or equivalent. A demo account and the availability of MT5 platform enhances customer experiences. While for institutional clients, the broker offers bespoke liquidity and technology solutions as well.

Furthermore, the broker currently operates under decent regulation from FCA, which to some extent guarantees customer protection and compliance to industry standard set by the institution.

Nevertheless, there are 5 pieces of WikiFX exposure to withdrawal issues, which indicates the necessity of service improvements of this broker. You should pay attention to this.

Pros and Cons

Is BP Prime Legit?

BP Prime is currently regulated by FCA (Financial Conduct Authority) in United Kingdom, with a license numbering at 688456, which guarantees legitimacy and credibility in a certain level.

Regulated Country	Regulator	Current Status	Regulated Entity	License Type	License No.
	FCA	Regulated	Black Pearl Securities Limited	Straight Through Processing (STP)	688456

What Can I Trade on BP Prime?

BP Prime offers trading services in forex, commodities and indices for both retail and professional clients. While for institutional clients, customized liquidity and technology solutions are available to help companies to grow and develop their business scope and scale.

Account Type/Fees

BP Prime offers demo accounts for clients to practice and test trading strategies.

While for live accounts, the broker offers a Standard accountfor retail clients with a high minimum deposit of $5,000 or equivalent. In this account, the broker charges no commissions for trading, and claims competitive spread, but with no details.

Professional clients, on the other hand, are provided with a Professional account with higher leverage but less protection. To be eligible to open a professional account, you need to place 10 relavant trades of a significant size per quarter in last year, own a financial instrument portfolio exceeding $500,000, and have worked in the financial sector for at least one year.

Leverage

BP Prime offersa leverage level of up to 1:30 for some currency pairs in the Standard account, which means you can control a larger position of 30 times of your initial deposit.

Professional accounts have higher leverage, but are not currently disclosed per the broker's website. You need to check with the company directly to get precise information.

Moreover, you should always be very prudent to use such tool since leverage not only amplify profits, but losses will be augmented at same level as well.

Trading Platform

Victory indicates the use of the industry-leading MetaTrader 5 platform through web, which allows you to trade anywhere on the go.

The MT5 platform is renowned and recognized worldwidely for their advanced charting tools and robust functionalitiess such automated transaction execution.