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.

JFD Information

Founded in 2011 and headquartered in Cyprus, JFD Brokers is a global online trading brokerage. Its core business covers multiple asset classes, including forex, precious metals, stocks, and cryptocurrencies, supporting mainstream trading platforms such as MetaTrader 4/5 (MT4+/MT5+). Regulated by authorities like the Cyprus Securities and Exchange Commission (CySEC) and the Vanuatu Financial Services Commission (VFSC), client funds are held in segregated accounts at top-tier credit institutions.

Pros and Cons

Is JFD Legit?

JFD is regulated by authoritative institutions such as CySEC and VFSC. It should be noted that VFSC is an offshore regulated license (No. 17933). Traders can check JFD's information on the CySEC website using license number 150/11.

Regulated Country	Regulated Authority	Regulated Entity	License Type	License Number	Current Status
	CYSEC	JFD GROUP LTD	Market Maker (MM)	150/11	Regulated
	VFSC	JFD Overseas Ltd	Retail Forex License	17933	Offshore Regulated
	FCA	JFD GROUP LTD	European Authorized Representative (EEA)	580193	Unsubscribed

What Can I Trade on JFD?

JFD supports 9 major asset classes, covering over 1,500 instruments, including forex, precious metals, indices, stocks, cryptocurrencies, commodities, and ETFs/ETNs.

Account Type

JFD offers a single account system, and traders can also choose a demo account to test platform functions and strategies.

JFD Fees

Trading costs

Deposit and withdrawal fees

Inactivity Fee

If an account has no trading activities or deposits for three consecutive months, it will be considered inactive. A monthly inactivity fee of 20 EUR/USD/GBP/CHF (based on the account's base currency) will be charged. Accounts with no deposits are exempt from this fee.

Leverage

The default leverage for forex is a 3%-5% margin, equivalent to 20-33 times leverage. Professional clients can apply for a minimum margin of 0.25%, with a maximum leverage of 400 times.

Trading Platform

JFD offers MT4+ and MT5+, supporting desktop, web (no download required), and mobile versions. In addition, it also provides Stock3, a popular social trading platform in Germany.

Deposit and Withdrawal

DepositThe minimum deposit is 500 EUR/USD/GBP/CHF. Deposit methods support bank transfers (SEPA/Sofort), online payments (Nuvei, Skrill, Neteller), and credit cards (VISA/MasterCard). The supported account currencies are EUR/USD/GBP/CHF, while deposits can be made in over 30 currencies (with automatic conversion).

Withdrawal

Withdrawals are prioritized to be returned via the original deposit method. Funds deposited via online payments will be refunded to the original online source first, and any remaining balance will be transferred via bank transfer. For European regions, the funds will arrive within 2-5 working days, while non-European regions take 4-7 working days.