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Charles Schwab , LION Broker Comparison

Do you want to know which is the better broker between Charles Schwab and LION ?

In the table below, you can compare the features of Charles Schwab , LION side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
 2 / 3   brokers in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Established
Regulatory license
MT4
MT5
Crypto
Deposit and withdrawal method
Benchmark
environment rating
Transaction Speed
Transaction speed rating
Average transaction speed
The highest transaction speed
The highest speed of opening positions
The highest speed of closing position
Slowest transaction speed
The lowest speed of opening positions
The lowest speed of closing position
Trading slippage
Transaction slippage rating
Average slippage
Maximum transaction slippage
Maximum positive slippage
Maximum negative slippage
Transaction Cost
Transaction cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Rollover Cost
Rollover cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Disconnection results
Software disconnection rating
Average disconnection frequency (times/day)
Reconnection time
Account Information
Accounts
Account name
Products
Deposit REQ
Maximum Leverage
Spread of majors
Forced Liquidation Ratio
Spread Types
Minimum Position
Crypto
Lock postition
Scalping
EA trading
Charles Schwab
6.92
Regulated
Under guarantee
--
--
5-10 years
SFC
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
LION
6.99
Regulated
Under guarantee
5-10 years
SFC,SFC,CIMA,MAS
--
AA
B
616.5
149
168
149
1953
1953
1469
AA

EURUSD: -0.6

XAUUSD: -0.3

14
-1
14
AA
14.71 USD/Lot
17.5 USD/Lot
AA
--

Long: -26.19

Short: 13.5

B
0.7
99.1
--
--
--
--
--
--
--
--
--
--
--
--

Charles Schwab BrokersRelevant information

Charles Schwab 、 LION BrokersRelevant exposure

Which broker is more reliable?

You can determine the reliability and credibility of a broker by checking four factors:

1.Forex broker introduction。

2.Are the transaction costs and expenses of td-ameritrade, lion lower?

3.Which broker is safer?

4.Which broker provides better trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

td-ameritrade
Registered Country/Region Hong Kong
Regulation SFC
Minimum Deposit $2,000 (Margin account)
Maximum Leverage N/A
Minimum Spreads N/A
Trading Platform Thinkorswim
Demo Account Yes
Trading Assets Stocks, ETFs, Bonds
Payment Methods FPS transfers, a cheque deposit, telegraphic transfer (international wire), ACAT
Customer Support Phone, Email

General Information & Regulation

TD Ameritrade Hong Kong Limited is a regulated brokerage firm authorized by the Securities and Futures Commission (SFC) of Hong Kong. Holding a license for dealing in futures contracts, TD Ameritrade operates within the legal and regulatory framework of Hong Kong's financial markets. With an address at Room 1211-13, Two Exchange Square, 8 Connaught Place, Central, Hong Kong, the company can be contacted via email at help@tdameritrade.com.hk. The regulatory oversight provided by the SFC ensures that TD Ameritrade Hong Kong adheres to the established standards and practices in the industry.

TD Ameritrade offers a diverse range of market instruments to cater to the investment needs of its users. Investors can trade listed stocks online without any commissions, benefiting from real-time trade analysis and expert insights. The platform enables options trading at a cost of US$0.65 per contract, providing specialized tools and the assistance of U.S.-licensed options trading specialists. Additionally, TD Ameritrade provides access to over 2,000 ETFs across various asset classes and fund companies, along with U.S. Treasury bonds, corporate bonds, offshore mutual funds, American Depositary Receipts (ADRs), and foreign ordinaries.

TD Ameritrade provides various account types, including Individual, Joint, Trust, Corporate, and U.S. Retirement accounts. These accounts cater to different investment preferences and goals. The Individual Account is suitable for individuals who want to manage their portfolios independently, while the Joint Account is designed for opening accounts with another person. Trust Accounts are available for establishing trusts for investment purposes, and Corporate Accounts cater to companies and organizations. U.S. Retirement Accounts are specifically tailored for those interested in opening retirement accounts in the United States. TD Ameritrade also offers Demo accounts for users to test the platform's features and functionalities.

basic-info

Pros and Cons

TD Ameritrade Hong Kong Limited, as a regulated brokerage firm operating within the legal and regulatory framework of Hong Kong's financial markets, offers a range of advantages and disadvantages for investors. On the positive side, the company holds a license from Hong Kong's Securities and Futures Commission (SFC), providing a sense of trust and assurance. They provide a diverse selection of market instruments, including stocks, options, ETFs, bonds, offshore mutual funds, ADRs, and foreign ordinaries. TD Ameritrade also offers various account types, multiple trading platforms with robust tools, and educational resources to enhance investors' knowledge. Moreover, clients have access to various funding methods for account deposits. However, there are also limitations. TD Ameritrade primarily operates within Hong Kong's market framework, which may restrict its services for investors outside Hong Kong. Additionally, their focus on futures contracts may not appeal to investors seeking broader investment options. The availability of trading platforms and customer support channels is relatively limited compared to other brokerage firms.

Pros Cons
Regulated brokerage firm with license from Hong Kong's Securities and Futures Commission (SFC) Limited to operating within Hong Kong's market framework
Wide range of market instruments available, including stocks, options, ETFs, bonds, offshore mutual funds, ADRs, and foreign ordinaries Limited availability of other investment options
Offers multiple account types (individual, joint, trust, corporate, U.S. retirement, and demo accounts) Limited accessibility for non-Hong Kong residents or investors
Provides multiple trading platforms (web trading, StreetSmart Edge®, Schwab Mobile) and robust trading tools Limited trading platforms compared to some other brokerage firms
Offers educational resources (workshops, webinars, market commentary, investing education) Limited to dealing in futures contracts
Various funding methods available for account deposits Customer support limited to phone, email, and online channels

Latest News

On 28 February 2022, TD Ameritrade Hong Kong will close and will no longer maintain accounts.

Is TD Ameritrade Legit?

TD Ameritrade Hong Kong Limited is regulated by the Securities and Futures Commission (SFC) of Hong Kong. The company holds a license for dealing in futures contracts, with license number BJO462. The regulatory oversight provided by the SFC ensures that TD Ameritrade Hong Kong operates within the established legal and regulatory framework of Hong Kong's financial markets. The license was issued on October 17, 2017, and there is no specified expiry date mentioned. The address of TD Ameritrade Hong Kong Limited is Room 1211-13, Two Exchange Square, 8 Connaught Place, Central, Hong Kong. The company can be contacted via email at help@tdameritrade.com.hk. Further information about TD Ameritrade Hong Kong Limited can be found on their website at www.tdameritrade.com.hk.

regulation

Market Instruments

TD Ameritrade clients can trade a wide variety of assets on the web platform as well as the mobile apps. This includes exchanged-traded funds (ETFs), stocks, options, futures, and cryptocurrency.

Stocks: TD Ameritrade allows users to trade listed stocks online with no commissions. They provide tools and research informed by Schwab experts to simplify stock selection. Users can benefit from real-time trade analysis provided by Schwab professionals.

Options: TD Ameritrade enables online options trading with a cost of just US$0.65 per contract and no base commission. They offer platforms and tools specifically designed for options traders, aiding in navigating the market. U.S.-licensed options trading specialists are also available to provide support.

Exchange-Traded Funds (ETFs): TD Ameritrade provides access to over 2,000 ETFs across various asset classes and fund companies. Users can utilize the Schwab Personalized Portfolio Builder tool to easily create a diversified ETF portfolio. Additionally, European-domiciled UCITS ETFs are available for residents of the European Economic Area (EEA).

Bonds: TD Ameritrade offers access to a wide range of investments, including U.S. Treasury bonds and corporate bonds. Their Schwab BondSource® tool allows users to screen through 36,000+ bonds. Pricing is straightforward and easy to understand, ensuring users know what they are paying for.

Offshore mutual funds: TD Ameritrade provides a broad selection of funds that have been carefully screened by Schwab experts. Users can access premium independent research and analysis from Morningstar®. The platform also offers an advanced online screener tool that allows users to compare up to five funds simultaneously.

American Depositary Receipts (ADRs) and foreign ordinaries: TD Ameritrade offers trading of ADRs and foreign ordinaries, providing users with insights into the benefits, risks, and considerations associated with these international stock types. Advanced platforms and tools are available for trading stocks in local markets.

market-instruments
Pros Cons
Diverse range of market instruments Limited mention of fees and costs
No-commission online trading for listed stocks Lack of emphasis on specific stock selection criteria
Availability of European-domiciled UCITS ETFs for EEA residents Limited information on options trading support
Low-cost options trading with U.S.-licensed specialists No mention of the options trading platform's features
Access to over 2,000 ETFs across various asset classes Limited information on the Schwab Personalized Portfolio Builder tool

Account Types

Individual Account:

TD Ameritrade offers an Individual Account option for clients who wish to trade and invest on their own. This account type is suitable for individuals who want to manage their own portfolios and make independent investment decisions. The Individual Account does not have any specific minimum deposit requirements, although to open an Individual or Joint account, a minimum of US$25,000 is needed. Within the Individual Account category, there are two subtypes: Margin account and Cash account. The Margin account requires an initial deposit of at least 2000 USD, whereas the Cash account has no minimum deposit requirement.

Joint Account:

For clients who want to open an account with another person, TD Ameritrade offers a Joint Account option. The online application process is available for joint accounts with two account holders. However, if there are more than two account holders, it is necessary to contact TD Ameritrade to initiate the account-opening process.

Trust Account:

TD Ameritrade provides a Trust Account option for clients who want to establish a trust for investment purposes. Opening a Trust Account requires a minimum deposit of US$100,000. The online application process is available for trusts with two or fewer individual trustees and/or beneficiaries. If the trust has more than two individual trustees, a company trustee, or if the beneficiaries are greater than two and include a company or undisclosed parties, it is recommended to contact TD Ameritrade for further information.

Corporate Account:

TD Ameritrade offers a Corporate Account option for companies and organizations. To learn more about opening a Charles Schwab International corporate account, it is necessary to contact TD Ameritrade directly.

U.S. Retirement Account:

For clients interested in opening a retirement account in the United States, TD Ameritrade provides the U.S. Retirement Account option. To obtain more information about opening a U.S. retirement account with TD Ameritrade, it is advised to contact them directly. The U.S. Retirement Account includes Individual and Joint Account options.

TD Ameritrade also offers the option of Demo accounts, which allow both beginners and experienced traders to test the functionalities and features of the trading platform.

account-types
Pros Cons
Diverse range of account options Account opening requirements may be restrictive
Individual account allows independent investing Limited online application process for joint accounts
Trust account option for investment trusts Trust account minimum deposit requirement
Corporate account option for companies Limited information available on corporate accounts
U.S. Retirement account for retirement planning Limited information on opening a U.S. retirement account
Demo accounts for testing platform functionalities Lack of specific details on account benefits

Demo Accounts Available

Demo accounts are available for both beginners and professionals to test trading platform's functionalities and features in a 100% risk-free trading environment.

account-type

How to Open an Account

To open an account with TD Ameritrade, follow these steps:

  1. Visit the TD Ameritrade website and click on the “Open Your Account” button.

open-account
  1. Select your country or region of residence from the provided list. This will connect you to the appropriate page for your location.

open-account
  1. Begin the online application process, which typically takes around 15 minutes to complete.

  2. Prepare the necessary documents for the application. These may include:

    1. Tax ID Number or Social Security Number: Provide your tax identification number or social security number, depending on your country's requirements.

    2. Passport or government ID: Have a valid passport or government-issued identification document ready for verification purposes.

    3. Recent utility bill or proof of residency: Gather a recent utility bill (such as gas, electric, water, or cable) or any other document that serves as proof of your residency.

    4. Employer's name and mailing address: If applicable, provide the name and mailing address of your employer.

open-account
  1. Ensure you have access to a printer and scanner. You will need these to print, sign, and upload any required documents during the application process.

  2. Select the Account Types.

  3. Review the terms and conditions, disclosures, and any other relevant documents carefully before submitting your application.

  4. After submitting your application, wait for confirmation and further instructions from TD Ameritrade regarding the status of your account.

Fees & Commissions

To open an Individual/Joint account, a minimum deposit of US$25,000 is required. Detailed information about fees and commissions can be found in the Charles Schwab Pricing Guide for Individual Investors.

For stocks and ETFs, the commission per trade for online trades is US$0, while broker-assisted trades incur a fee of US$25. Non-U.S. ETFs are not available for online trades and are subject to a transaction fee of US$50 for broker-assisted trades.

Regarding offshore mutual funds, there is no transaction fee for broker-assisted trades. However, a short-term redemption fee of US$49.95 may apply.

Options trading entails a commission per executed trade of US$0 plus US$0.65 per contract for online trades, while broker-assisted trades are subject to online pricing plus a fee of US$25.

In terms of fixed income, the transaction fee per trade for new issues is included in the offering price for both online and broker-assisted trades. For Treasuries, including Auction and Secondary, such as Treasury Bonds, Treasury Bills, Treasury Notes, and TIPS, the transaction fee is US$0 for online trades and US$25 for broker-assisted trades. Corporate Bonds, Municipal Bonds, Government Agencies, Zero-Coupon Treasuries (including STRIPS), incur a fee of US$1 per bond with a minimum of US$10 and a maximum of US$250 for online trades. Broker-assisted trades in this category are subject to online pricing plus a fee of US$25. Specialty products like Commercial Paper, Foreign Bonds, Asset-Backed Securities, Mortgage-Backed Securities, Collateralized Mortgage Obligations, and Unit Investment Trusts require contacting TD Ameritrade for specific information. For Preferred listed stocks and REITs, there is no commission for online trades, while broker-assisted trades incur a fee of US$25.

fees

Pros and Cons

Pros Cons
No commission for online stock and ETF trades Minimum deposit of US$25,000 for Individual/Joint accounts
No commission for online Preferred listed stocks and REIT trades US$25 fee for broker-assisted stock trades
No transaction fee for offshore mutual fund broker-assisted trades Short-term redemption fee of US$49.95 may apply for offshore mutual funds
US$0 commission for options trades US$25 fee for broker-assisted options trades
No transaction fee for online Treasury trades US$25 fee for broker-assisted Treasury trades
US$1 per bond fee for online fixed income trades US$25 fee for broker-assisted fixed income trades
US$25 fee for broker-assisted Preferred listed stocks and REIT trades

Minimum Deposit

TD Ameritrade Hong Kong Limited requires a minimum deposit of US$25,000 to open a brokerage account(Individual or Joint account).

Also, TD Ameritrade has a minimum deposit requirement of US$100,000 for its Trust Account.

Trading Platforms

TD Ameritrade offers a comprehensive trading platform that provides users with access to the U.S. market.

Web trading

One of their platforms is web trading, accessible through International.Schwab.com. This platform allows users to trade easily from anywhere with an internet connection. The website provides a user-friendly interface for accessing the U.S. market. Additionally,

StreetSmart Edge®.

One of the primary trading platforms provided by TD Ameritrade is StreetSmart Edge®. This platform is designed to cater to the needs of traders, offering powerful features and functionalities. It can be accessed either through downloadable software or online via the cloud.

Schwab Mobile.

In addition to the desktop platform, TD Ameritrade also offers mobile trading through Schwab Mobile. This mobile app enables users to stay connected to their U.S. investments on the go. It is available for Android™, iPhone®, iPad®, and Apple Watch™, allowing traders to access their accounts and make informed decisions wherever they are.

TD Ameritrade's trading platform is equipped with robust trading tools that help users translate insights into action. These tools are designed to assist traders in analyzing market trends and making informed trading decisions. The platform's features provide users with the necessary tools and resources to navigate the complexities of the U.S. market.

Web trading
Pros Cons
Comprehensive trading platform Minimum deposit requirement of US$25,000 for individual/joint accounts and US$100,000 for trust accounts
Web trading accessible Limited availability of trading platforms compared to some competitors
Schwab Mobile app for on-the-go trading Possible fees and commissions associated with trading activities
StreetSmart Edge® platform with powerful features Limited customization options for trading platform layout and settings
Robust trading tools for market analysis and informed decision-making

Educational Resources

TD Ameritrade offers a range of educational resources to help investors deepen their understanding of U.S. investing. These resources include workshops, webinars, U.S. market commentary, investing education, and daily updates.

The workshops and webinars provided by TD Ameritrade are designed specifically for international investors, catering to individuals at all levels of experience. These sessions offer the opportunity to learn directly from seasoned investment experts at TD Ameritrade. Whether attending an in-person workshop or participating in a live webinar, investors can benefit from the expertise shared during these educational events.

U.S. Market Commentary

To enhance U.S. investing intelligence, TD Ameritrade offers market commentary that provides insights into the U.S. and global markets. Through the Schwab Market Perspective, investors can gain valuable information to stay informed about the daily fluctuations of the stock market. This helps investors make informed decisions regarding U.S. investment opportunities.

educational-resources

Investing Education

TD Ameritrade's investing education aims to help investors apply their skills to U.S. markets. They provide resources that cover various aspects of investing, such as identifying favorable trends, conducting technical and fundamental analysis, and applying investment strategies. These educational materials can assist investors in making informed investment decisions in the U.S. market.

trading-platform

Additionally, TD Ameritrade offers daily updates, including the closing market update, which provides a summary of market movements and key events impacting the U.S. stock market. These updates help investors stay up-to-date with the latest developments and trends in the market, enabling them to make more informed investment decisions.

Pros and Cons

Pros Cons
Wide range of educational resources available in many different formats Some resources can be outdated or inaccurate
Workshops and webinars designed specifically for international investors Not all resources are available in all languages
Market commentary provides insights into the U.S. and global markets Market commentary can be biased or subjective
Investing education covers various aspects of investing Some educational materials can be complex or difficult to understand
Daily updates help investors stay up-to-date with the latest market developments Daily updates can be overwhelming or too frequent

Payment Methods

TD Ameritrade provides a range of funding options for clients to deposit funds into their accounts. These options include FPS transfers, cheque deposits, telegraphic transfers (international wire), and account transfers from another broker (ACAT). It is important to note that all deposits must be made in U.S dollars.

In addition to these methods, TD Ameritrade accepts various payment options for clients to fund their accounts. These include Mastercard, Visa, Metro, Skrill, Neteller, AstroPay, eBay.bg, GiroPay, Neosurf, Euteller, SOFORT, ToditoCash, and others.

payment

Customer Support

TD Ameritrade provides customer support through various channels to assist clients with their inquiries and concerns. To reach customer service by phone, clients can call +1-415-667-7870 if they are outside the United States, or 1-877-853-1802 if they are within the U.S. The customer service hours are from 5:30 p.m. on Sunday to 1:00 a.m. on Saturday, following the U.S. Eastern Standard Time (EST).

Clients can also contact TD Ameritrade's customer support via email by writing to the provided email address. For mailing purposes, applications, deposits, and other materials can be sent to the following address:

Charles Schwab & Co., Inc.

Attn: International Operations

1945 Northwestern Drive

El Paso, TX 79912-1108, USA

Additionally, TD Ameritrade offers phone-based services. Clients can use Schwab by Phone™ by calling 1-800-435-4000 to reach an investment professional or utilize automated phone services. TeleBroker® provides access to automated touch-tone services, and it can be reached at 1-800-2SCHWAB (1-800-272-4922). For specific services in different languages, clients can contact the respective numbers provided, such as 1-800-662-6068 for 中文 (Chinese) services and 1-800-786-5174 for servicios en español (Spanish services). International clients can call 1-415-667-8400 for services in English, 中文, or español.

To access customer support online, clients can visit the official TD Ameritrade website at schwab.com, chinese.schwab.com, or international.schwab.com. For those using web-enabled phones, they can find Schwab on their phone's web menu. Additionally, PDA users can consult schwab.com/wireless on their desktop for further assistance.

Conclusion

In conclusion, TD Ameritrade Hong Kong Limited is a regulated brokerage firm authorized by the Securities and Futures Commission (SFC) of Hong Kong. It offers a diverse range of market instruments, including stocks, options, ETFs, bonds, offshore mutual funds, and ADRs/foreign ordinaries. The company provides various account types, such as Individual, Joint, Trust, Corporate, and U.S. Retirement Accounts, with different minimum deposit requirements. TD Ameritrade offers multiple trading platforms, including web trading, StreetSmart Edge®, and Schwab Mobile, to provide access to the U.S. market. They also offer educational resources, workshops, webinars, and market commentary to help investors enhance their understanding of U.S. investing. Payment methods include FPS transfers, cheque deposits, telegraphic transfers, and account transfers. Customer support is available through phone, email, and online channels.

FAQs

Q: Is TD Ameritrade regulated?

A: Yes, TD Ameritrade is regulated by the Securities and Futures Commission (SFC) of Hong Kong.

Q: What market instruments does TD Ameritrade offer?

A: TD Ameritrade offers a diverse range of market instruments including stocks, options, exchange-traded funds (ETFs), bonds, offshore mutual funds, American Depositary Receipts (ADRs), and foreign ordinaries.

Q: What are the minimum deposit requirements for TD Ameritrade?

A: TD Ameritrade requires a minimum deposit of US$25,000 for Individual and Joint accounts, and US$100,000 for Trust accounts.

Q: What trading platforms does TD Ameritrade provide?

A: TD Ameritrade offers web trading, StreetSmart Edge®, and Schwab Mobile as its primary trading platforms.

Q: What educational resources are available at TD Ameritrade?

A: TD Ameritrade offers workshops, webinars, U.S. market commentary, investing education, and daily updates to help investors enhance their understanding of U.S. investing.

Q: What are the payment methods accepted by TD Ameritrade?

A: TD Ameritrade accepts FPS transfers, cheque deposits, telegraphic transfers, and account transfers from another broker. It also accepts payment options such as Mastercard, Visa, and various other methods.

Q: How can I contact TD Ameritrade's customer support?

A: You can contact TD Ameritrade's customer support via phone, email, or by mailing your inquiries to their designated address. They also offer phone-based services and online customer support through their official website.

lion
Aspect Information
Company Name LION
Registered Country/Area Cayman Islands
Founded Year 2016
Regulation SFC (Futures contracts), CIMA, MAS, and SFC (Dealing in securities, out of scope bussiness)
Minimum Deposit $100
Maximum Leverage 1:500
Spreads From 0.0 pips
Trading Platforms Web-based and mobile trading platforms
Tradable Assets Forex, commodities, indices, cryptocurrencies
Account Types standard account, professional account, and ECN account
Demo Account Yes
Customer Support 24/5 customer support via live chat, email, and phone
Deposit & Withdrawal Credit/debit cards, bank transfers, e-wallets
Educational Resources Webinars, tutorials, articles, and e-books

Overview of LION

Established in 2016 and headquartered in the Cayman Islands, LION emerges as a dynamic force in the world of online trading. This broker is distinguished by its regulatory compliance, offering a secure and accountable trading environment. Regulated by various authorities, including the SFC for futures contracts, CIMA, and MAS, but exceeded with SFC, dealing in securities.

With a minimum deposit requirement as low as $100, LION ensures accessibility to a broad spectrum of traders. The broker's substantial maximum leverage of 1:500 provides traders with the potential to amplify their positions, while competitive spreads starting from 0.0 pips enhance cost efficiency.

RLION combines accessibility, regulatory compliance, comprehensive support, and educational resources to create a platform that caters to traders of all levels.

Overview of LION

Regulatory Status

LION operates as a regulated entity in the financial sector, adhering to stringent regulatory standards set forth by several reputable authorities. This commitment to regulatory compliance ensures a secure and accountable trading environment for its clients. Here is an overview of LION's regulatory status:

SFC (Securities and Futures Commission) - Futures Contracts Regulation:LION is regulated by the Securities and Futures Commission (SFC) in Hong Kong for its activities related to futures contracts. This regulation signifies LION's compliance with the regulatory framework governing futures trading, providing assurance to traders regarding the broker's adherence to industry standards and best practices.

Regulatory Status

CIMA (Cayman Islands Monetary Authority) - Offshore Regulation:LION is regulated by the Cayman Islands Monetary Authority (CIMA). As an offshore regulatory authority, CIMA oversees financial activities within the Cayman Islands jurisdiction. While offshore regulation can vary in stringency compared to major financial centers, it still imposes essential standards on financial entities like LION.

Regulatory Status

MAS (Monetary Authority of Singapore) Regulation:LION is regulated by the Monetary Authority of Singapore (MAS). MAS is the central bank and financial regulatory authority in Singapore, responsible for overseeing and regulating financial activities in the country. Regulation by MAS underscores LION's commitment to compliance with Singapore's financial laws and regulations.

Regulatory Status

SFC - Dealing in Securities (Exceeded Regulation):In addition to its regulation by the SFC for futures contracts, LION has also exceeded the regulatory requirements of the Securities and Futures Commission for dealing in securities.

Regulatory Status

Being regulated by multiple reputable authorities provides traders with confidence in the broker's operations, ensuring that it operates within a framework designed to protect investors and maintain the integrity of the financial markets.

Pros and Cons

Pros Cons
  • Low Minimum Deposit
  • Limited Educational Resources
  • High Maximum Leverage:
  • Limited Account Types
  • Competitive Spreads
  • Limited Payment Methods
  • Diverse Tradable Assets
  • Limited Transparency on Islamic Accounts
  • Versatile Trading Platforms

Pros:

  • Low Minimum Deposit: LION offers accessibility to a wide range of traders with its low minimum deposit requirement of $100. This allows both new and experienced traders to get started with a relatively small investment.

  • High Leverage: The broker provides a substantial maximum leverage of 1:500. This high leverage can amplify trading potential, enabling traders to control larger positions with a relatively smaller amount of capital.

  • Competitive Spreads: LION offers competitive spreads starting from 0.0 pips. Competitive spreads reduce trading costs, which can be advantageous for traders looking to maximize their profits.

  • Diverse Tradable Assets: Traders have access to a wide range of tradable assets on LION's platform, including Forex, commodities, indices, and cryptocurrencies. This diversity allows traders to diversify their portfolios and explore various global markets.

  • Versatile Trading Platforms: LION provides both web-based and mobile trading platforms, catering to traders' preferences for where and how they execute their trades. This versatility ensures convenience and flexibility.

Cons:

  • Limited Educational Resources: LION may have limited educational materials available for traders seeking comprehensive learning opportunities. More extensive educational content could enhance the trading experience.

  • Limited Account Types: While LION offers a range of account types, the variety may be limited compared to some other brokers. Traders with specific requirements for account types may find options constrained.

  • Limited Payment Methods: The availability of payment methods for deposits and withdrawals on LION's platform may be restricted. This could inconvenience traders who require specific payment options.

  • Limited Transparency on Islamic Accounts: Information regarding Islamic accounts, which adhere to Islamic finance principles, is not readily available. Traders who require Sharia-compliant accounts may find it challenging to determine if such accounts are offered.

Pros and Cons

Market Instruments

LION offers a diverse range of financial products for traders to access and trade on their platform. These products span various asset classes, providing traders with opportunities to diversify their portfolios and explore global markets. Here's a concrete description of the products offered by LION:

  1. Forex (Foreign Exchange): LION facilitates trading in the Forex market, the world's largest financial market. Traders can engage in the buying and selling of currency pairs, such as EUR/USD, GBP/JPY, or USD/JPY. Forex trading allows participants to speculate on the exchange rate movements between different currencies.

  2. Commodities: Traders on the LION platform have access to trading commodities. These physical assets include precious metals like gold and silver, energy resources like oil and natural gas, and agricultural products like wheat and coffee. Commodity trading enables investors to capitalize on price fluctuations in these essential global resources.

  3. Indices: LION provides opportunities to trade on indices. These are measures of the performance of groups of stocks or bonds. Traders can speculate on the overall performance of specific indices, such as the S&P 500 or the FTSE 100, without trading individual stocks.

  4. Cryptocurrencies: LION allows traders to participate in the cryptocurrency market. Cryptocurrencies are digital currencies created using blockchain technology. Popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) are available for trading. Traders can take advantage of the price volatility in the cryptocurrency market.

These products collectively offer a wide spectrum of trading opportunities for LION's clients. Traders can choose from these asset classes based on their preferences, risk tolerance, and market outlook, allowing for diversified investment strategies within a single platform. Additionally, the competitive spreads and leverage options further enhance the attractiveness of these trading products on the LION platform.

Market Instruments

Account Types

LION offers three types of trading accounts: standard account, professional account, and ECN account. All accounts offer attractive trading conditions and provide a wide range of base currencies to suit the preferences of different traders.

Traders can select the account type that aligns with their trading strategy and enjoy competitive spreads and high leverage for enhanced trading opportunities.

Account type Minimum deposit Spreads Leverage Trading products Additional features
Standard $100 From 0.0 pips 1:500 Forex, commodities, indices, and stocks None
Professional $500 From 0.0 pips 1:500 Forex, commodities, indices, and stocks No trading commissions and higher leverage
ECN $1,000 From 0.0 pips 1:500 Forex, commodities, indices, and stocks Most competitive spreads and execution speeds
Account Types

How to Open an Account?

To open an account with LION, follow these concrete steps:

  1. Access the Registration Page: Look for the “Register” or “Open Account” button and click on it to initiate the account creation process.

  2. Provide Personal Information:

    1. Begin by entering your full name in the designated field.

    2. Input your email address to create a unique login ID for your account.

    3. Enter your mobile number, including the country code (e.g., +84).

  3. Review and Accept Agreements: Ensure you understand the terms and conditions outlined in these agreements.

  4. Verification and Activation: You may be required to verify your email address and mobile number to activate your account. Follow any verification instructions provided by LION to complete this process.

  5. Begin Trading: Once your account is funded, you can start exploring the platform, accessing educational resources, and executing trades in the financial markets.

Open an Account

Leverage

LION offers its traders a maximum leverage of 1:500. Maximum leverage represents the ratio of the trader's own capital to the borrowed funds provided by the broker. In this case, for every $1 of the trader's own capital, they can control a trading position of up to $500.

High leverage, such as 1:500, can be advantageous for traders looking to magnify their trading positions and potentially increase their profits.

Trading product Leverage
Forex 1:500
Commodities 1:500
Indices 1:500
Stocks 1:500

Spreads & Commissions

LION offers three account types: Standard, Professional, and ECN. The spreads and additional fees for each account type are as follows:

Standard Account: The Standard Account has spreads from 0.0 pips. For forex currency pairs, spreads are typically between 0.0 pips and 1.0 pips. For commodities, indices, and stocks, spreads are typically between 0.1 pips and 1.0 pips. The Standard Account does not charge any additional fees.

Professional Account: The Professional Account has spreads from 0.0 pips. For forex currency pairs, spreads are typically between 0.0 pips and 0.5 pips. For commodities, indices, and stocks, spreads are typically between 0.05 pips and 0.5 pips. The Professional Account does not charge any additional fees.

ECN Account: The ECN Account has spreads from 0.0 pips. For forex currency pairs, spreads are typically between 0.0 pips and 0.2 pips. For commodities, indices, and stocks, spreads are typically between 0.05 pips and 0.2 pips. The ECN Account charges a small commission, the amount of which depends on the trading product and the trading volume.

Account type Spreads Additional fees
Standard From 0.0 pips None
Professional From 0.0 pips None
ECN From 0.0 pips Small commission, depending on trading product and volume
Spreads & Commissions

Trading Platform

LION offers two trading platforms and tools to facilitate the intuitive execution of trading strategies on industry-leading platforms.

  1. MetaTrader 4 Platform: LION provides access to the popular MetaTrader 4 platform, which offers a user-friendly interface and advanced features for seamless trading experiences. Traders can utilize its comprehensive charting tools, technical indicators, and Expert Advisors (EAs) to enhance their trading strategies.

  2. MetaTrader 5 Platform: Additionally, LION offers the MetaTrader 5 platform, an advanced version of MT4 with enhanced functionalities. MT5 provides more timeframes, additional technical indicators, and support for trading a wider range of financial instruments.

Trading Platform

Deposit & Withdrawal

LION makes it simple to move your money from place to place. They provide a range of account funding and account withdrawal options in multiple base currencies.

Payment method Processing time (deposits) Processing time (withdrawals) Accepted currencies Fees
Credit/debit cards Instant Up to 3 business days USD, EUR, GBP, AUD, JPY None
Bank transfers Up to 3 business days Up to 5 business days USD, EUR, GBP, AUD, JPY May vary depending on the bank
E-wallets Instant Up to 24 hours USD, EUR, GBP, AUD, JPY May vary depending on the e-wallet
Global ACH Up to 3 business days Up to 3 business days USD, EUR, GBP, AUD, JPY May vary depending on the bank

Customer Support

LION provides comprehensive customer support to assist traders with their inquiries, and concerns:

  • Live Chat: LION offers a live chat feature, allowing traders to engage in real-time text-based conversations with customer support representatives. This instant communication method is often preferred for quick inquiries and problem resolution.

  • Email: Traders can also contact LION's customer support via email. Email support provides a written record of interactions and is suitable for more detailed inquiries or issues that may require documentation.

  • Phone: For those who prefer voice communication, LION offers phone support. Traders can call the provided phone number to speak directly with customer support representatives, facilitating immediate assistance and clarification.

Customer Support

Educational Resources

LION offers a range of educational resources to assist traders in making informed decisions:

  1. Webinars: LION provides live webinars conducted by experienced traders and financial experts. These webinars cover a wide range of topics, including market analysis, trading strategies, risk management, and more. Webinars offer traders the opportunity to learn from professionals in real time and engage in interactive Q&A sessions.

  2. Tutorials: LION offers comprehensive tutorials that cater to traders of all levels, from beginners to experienced traders. These tutorials typically cover essential trading concepts, platform navigation, order execution, and other fundamental aspects of trading. Tutorials serve as a valuable resource for those looking to build a solid foundation in trading.

  3. Articles: The broker publishes articles on various financial and trading topics. These articles provide in-depth insights into market trends, analysis, and trading strategies. Traders can access articles to stay informed about current events and trends affecting the financial markets.

  4. E-books: LION offers e-books that delve deeper into specific trading subjects. These e-books are typically more extensive than articles and provide a more comprehensive understanding of topics such as technical analysis, chart patterns, risk management, and more. E-books are valuable resources for traders looking for in-depth knowledge.

Conclusion

In conclusion, LION offers several notable advantages, including a low minimum deposit requirement, high maximum leverage, competitive spreads, a diverse range of tradable assets, and versatile trading platforms that cater to traders' preferences. However, there are also certain limitations, such as limited educational resources, account types, and payment methods. Additionally, the transparency regarding Islamic accounts and potential regulatory complexities could pose challenges for specific traders.

Overall, LION presents an opportunity for traders to access global financial markets with favorable conditions but may require traders to seek additional educational resources independently and carefully consider their account needs and payment preferences.

FAQs

Q: What is the minimum deposit requirement to start trading with LION?

A: To commence trading on the LION platform, you need a minimum deposit of $100. This accessibility allows traders with varying capital levels to participate in the financial markets.

Q: Can I access educational materials to enhance my trading knowledge with LION?

A: Yes, LION provides a range of educational resources, including webinars, tutorials, articles, and e-books. These resources are designed to help traders improve their understanding of the markets and trading strategies.

Q: Is there a demo account available on LION's platform?

A: Indeed, LION offers a demo account, allowing traders to practice and refine their trading strategies without risking real capital. It's a risk-free way to get accustomed to the platform and test trading approaches.

Q: How can I contact LION's customer support if I have questions or need assistance?

A: LION provides customer support through various channels, including live chat, email, and phone. Traders can access support during trading hours to address inquiries or seek assistance with their trading activities.

Q: Does LION offer a copy trading tool for traders interested in automated trading strategies?

A: Specific details about a copy trading tool on LION's platform are not specified in the provided information. It's recommended to check with LION directly or visit their website for the most up-to-date information on available trading tools.

Q: Are there any bonuses or promotional offers available to traders on LION?

A: Information regarding bonuses or promotional offers is not provided in the available data. Traders interested in potential bonuses should refer to LION's official website or contact their customer support for relevant details.

Are the transaction costs and expenses of td-ameritrade, lion lower?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive td-ameritrade and lion are, we first considered common fees for standard accounts. On td-ameritrade, the average spread for the EUR/USD currency pair is -- pips, while on lion the spread is --.

Which broker between td-ameritrade, lion is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

td-ameritrade is regulated by SFC. lion is regulated by SFC,SFC,CIMA,MAS.

Which broker between td-ameritrade, lion provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

td-ameritrade provides trading platform including -- and trading variety including --. lion provides trading platform including -- and trading variety including --.

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