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.

INVAST Information

Invast, headquartered in Tokyo, Japan, is a prominent financial services firm specializing in online trading. The company offers a range of services, including margin FX, CFDs, and automated trading solutions. INVAST currently operates under the Financial Services Agency (FSA).

Pros and Cons

Is INVAST Legit?

INVAST is regulated by the Financial Services Agency (FSA), holding a Retail Forex License (No.26).

Regulated Country	Regulated Authority	Regulatory Status	Regulated Entity	License Type	License Number
	Financial Services Agency (FSA)	Regulated	INVAST Securities Co., Ltd	Retail Forex License	関東財務局長（金商）第26号

What Can I Trade on INVAST?

INVAST offers tradable products including forex and ETFs.

Account Type

INVAST offers both personal accounts and a corporate account.

Leverage

INVAST offers various leverage rates.

Personal account leverage: 25x course, 10x course, 5x course, and 1x course.

There is only one corporate account: leverage course.

Fees

Spreads are determined by the Tokyo Financial Exchange.

For details, please visit the website of the Tokyo Financial Exchange.

Trading fees are usually JPY 330. But there are exceptions:

• More than 1,000 sheets: A reduced fee of JPY 88 applies if more than 1,000 sheets are traded in a month.
• More than 3,000 sheets: An even further reduced fee (or no fee) applies if more than 3,000 sheets are traded in a month.

Plus, accrued fee will be deducted from the margin deposit amount at the end of trading on the 1st.

Trading Platform

Click 365 is Invast Securities' proprietary online trading platform designed for Japanese retail investors.

Deposit and Withdrawal

Traders can make a deposit through a bank counter, ATM, or online banking.

• Fees forDeposits Fees for depositing money into your trading account will be waived if you use the instant deposit service.

  If you do not use the instant deposit service and make a regular transfer, you will be responsible for the transfer fee of each financial institution.

• Fees for Withdrawals Fees for withdrawals from your trading account will be borne by Invast Securities (free of charge for you).