Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10
The WikiFX Score of this broker is reduced because of too many complaints!

LION

Cayman Islands|5-10 years| Benchmark AAA|
Dealing in futures contracts|MT5 Full License|Regional Brokers|Suspicious Overrun|High potential risk|Offshore Regulated|

https://www.libkrsgr.com

Website

Rating Index

Benchmark

Benchmark

AAA

Average transaction speed (ms)

349.7 Great

MT4/5

Full License

LionBrokersLimited-Demo

Hong Kong
MT4
12

Influence

D

Influence index NO.1

Hong Kong 2.37
The WikiFX Score of this broker is reduced because of too many complaints!

Benchmark

Speed:AA

Slippage:AAA

Cost:A

Disconnected:B

Rollover:AA

MT4/5 Identification

MT4/5 Identification

Full License

12
Server Name
LionBrokersLimited-Demo MT4
Server Location Hong Kong

Influence

Influence

D

Influence index NO.1

Hong Kong 2.37

Surpassed 100.00% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+852 28209000
ky@libkr.com
https://www.libkrsgr.com
Conyers Trust Company (Cayman) Limited,Cricket Square,Hutchins Drive, PO Box 2681,Grand Cayman,KY1-1111,Cayman Islands

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Disclosure

More

Danger

MY SCM
2023-01-01

Contact number

English

+852 28209000

Other ways of contact

Broker Information

More

Company Name

Lion Brokers Limited

Abbreviation

LION

Platform registered country and region

Cayman Islands

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

WikiFX Risk Alerts 3
Previous Detection : 2024-07-15
  • The number of the complaints received by WikiFX have reached 136 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • This broker exceeds the business scope regulated by China Hong Kong SFC(license number: BHY491)SFC-Dealing in securities Non-Forex License. Please be aware of the risk!
  • The Cayman Islands CIMA regulation with license number: 1455005 is an offshore regulation. Please be aware of the risk!

WikiFX Verification

LION · WikiFX Survey
Great A Visit to the HK Broker Lion Financial Service
China Hong Kong
LION · Benchmark
Average transaction speed(ms)
349.7 Great
The highest transaction speed(ms)
152 Good
The highest speed of opening positions(ms)
167 Good
The highest speed of closing position(ms)
152 Good
The lowest speed of opening positions(ms)
1884
The lowest speed of closing position(ms)
1890
14.34USD/Lot Good
27.49USD/Lot Perfect
Long: -6.25USD/Lot    Short: 2.56USD/Lot Good
Long: -32.84USD/Lot    Short: 20.78USD/Lot
Average slippage
-0.8 Perfect
Maximum transaction slippage
-3 Perfect
Maximum positive slippage
-3 Great
Maximum negative slippage
1 Great
Average disconnection frequency (times/day)
0.6 Great
Average reconnection time (millisecond/per request)
30.7
Ranking: 20 / 133
Test user 148
Orders 2,732
Ocuppied margin $363,561 USD
Data Source WikiFX Data provide
Updated: 2024-07-12 01:00:00

Users who viewed LION also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

MiTRADE

8.48
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)
Official website

AUS GLOBAL

8.22
Score
5-10 yearsRegulated in CyprusMarket Making(MM)MT4 Full License
Official website

Decode Global

8.36
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website
Pyramid scheme complaint
Expose
Unable to Withdraw

Do not withdraw profit

I come to this platform since I liquidate my position on other platform. I earn 1000 so I want to withdraw before losing it. I submit the request for several days but I do not receive money. I found customer service and they said that I had an abnormal transaction. I lost money. No one said that I made an abnormal transaction and returned the money to me. The platform is not trustworthy

2022-05-26 16:55
Resolved

Lion Financial maliciously does not withdraw

I made a deposit of US$6,000 on April 29, 2022. As of May 4, I applied for withdrawal after making a profit of US$2,260. As of May 11, the account has not been received, and during this period, I have been urged many times to no avail. Until May 12th, the account manager said that there was a problem with my order and could only give me the principal. . . I asked the account manager to point out which order I had a problem with and he couldn't tell. Also said what I am doing to quote a delay. Out of frustration, I asked Lion Finance to give me the principal first, but they forced me to sign a commitment letter for illegal transactions. On May 18 (today), the account finally arrived, but the result was not enough for my principal. The exchange rate for my deposit was 6.38, and the exchange rate for withdrawal was 6.25. The most important thing is that the RMB has been depreciating recently. Today, the foreign exchange rate of RMB is 6.75. Finance, do you still want to show your face? The following are screenshots of deposits and withdrawals, transactions, and the dialogue with the account manager. Everyone commented. This kind of garbage platform is really garbage. I make a profit and say I violated the rules. Why don’t you say I violated the rules when I lost? I also hope that people will not be deceived by Lion Finance and stay away from the raud platform.

2022-05-18 19:08
Unable to Withdraw

LION BROKERS, is an unscrupulous platform and doesn't allow to withdraw

LION BROKERS, is an unscrupulous platform. When i make profit, they didn't give money and directly close the background. The company said that the customer violation of the transaction. I don't even get a notice. I asked them to provide evidence. They didn't provide it and said they would not send an e-mail to the customer to explain, there is no such practice. They also said that I have signed an agreement that only withdrew the principal. I have never seen this agreement, how did I sign it? Everyone stay away from this platform, it is a fraud, all kinds of scamming ways, certainly do not give the profit!

2023-07-26 15:59
Others

Lions International Finance calls for a large loss and will not be negotiated!

My trading account number: 2000721 Account manager account number: fengarg, wxid_f1ncnq9vdyu922 Xiaobai was fooled by Lion Finance, resulting in huge losses. The account manager in charge of me is also a trade caller. At the beginning, the call made a profit, and then it gradually lost and expanded. In the case of huge losses, he still kept reminding me that the market is good and don’t miss the trade. After that, I tried to lodge a complaint requesting the return of the principal, but your company ignored it for many times and delayed the time on the grounds that the leader was on a business trip. After the complaint was unsuccessful, WeChat was blocked by the customer service manager directly, and the points that still existed in the account would not be exchanged. Forced to be helpless, I hoped to choose legal means to protect my own interests. After the account manager learned about it, he was excited and spoke out, and asked me to sue sooner, which is considered an insult in your company! After the complaint, the account manager still ignores the rules and has been carrying out the call-out action, showing that they are not afraid of any complaints at all. I said that any domestic non-regulated futures business is illegal, and I don’t want to go through legal procedures. The account manager said that they are normal and are not afraid of any prosecution. What is this not deceiving customers? ! How many overseas futures brokers can stand the inspection now? ! We all know that Lion has an office in Shanghai. I hope to negotiate at the door. When I asked where the Lion Finance office in Shanghai was, the customer service manager was unwilling to tell me. It is the seat of the institution, whether Lion Financial's discriminatory treatment constitutes fraud and deceives customers. I really don't want to go through legal proceedings unless I have to!

2022-07-27 09:34
    Sources
    Language
    Mkt. Analysis
    Creatives

    LION · Company Summary

    Company Summary

    Company profile

    Basic Information & Regulation of Lion Financial Group

    Based in three major international financial centers, Hong Kong, Cayman, and Singapore, Lion Financial Group connects investors with global financial markets and provides one-stop securities, futures, derivatives, wealth management, and asset management services for Chinese and institutions worldwide through group members who have obtained corresponding licenses in relevant jurisdictions. Lion Financial is currently regulated by the Cayman Islands Monetary Authority (Regulatory Number: 1455005).

    Market Instruments

    Lion Financial Group provides traders with three main financial products, namely securities, futures, and derivatives (foreign exchange, precious gold, CFDs, indices).

    Accounts & Leverage of Lion Financial Group

    Lion International offers standard spread accounts and ECN accounts for investors. The minimum initial deposit for a standard spread account is $200, and the maximum trading leverage is 1:400. The minimum initial deposit for an ECN account is $20,000, and the maximum trading leverage is up to 1:200.

    Spreads & Commissions of Lion Financial Group

    The spreads on standard spread accounts are between 1.2 and 1.5 pips for EURUSD and between 2.1 and 2.3 pips for XAUUSD, with no commission, while the spreads on ECN accounts are between 0.0 and 0.3 pips for EURUSD and between 0.7 and 1.3 pips for XAUUSD, with a commission of 6 USD per lot.

    Trading Platforms Available of Lion Financial Group

    Lion International offers traders a wide choice of trading platforms, mainly MT4, MT4PC version, iOS trading platform (iPhone), Android trading platform, and LionPlus, which can meet a wide range of traders' needs.

    Summary

    The main disadvantages of Lion International are:

    1. High minimum initial deposit requirements

    2. No information on how to access the funds

    3. No demo accounts


    Broker NameLION
    Registered CountryCayman Islands
    Founded Year2016
    RegulationSFC (Futures contracts), CIMA, MAS, and SFC (Dealing in securities, out of scope bussiness)
    Minimum Deposit$100
    SpreadsLow
    Trading PlatformsWeb-based and mobile trading platforms
    Tradable AssetsSecurities, Futures and Forex
    Customer Support24/5 customer support via live chat, email, and phone
    Educational ResourcesLion School containing Newsflash and financial ecoomi

    Overview of LION

    Established in 2016 and headquartered in the Cayman Islands, LION is a relatively young broker in the forex industry, regulated by various authorities, including the SFC for futures contracts, CIMA, and MAS. As for tradable instruments, clients can trade over 10,000 securities, 100 futures and over 100 currency pairs with LION.

    Overview of LION

    Is LION Legit?

    LION operates as a regulated entity in the financial sector, adhering to stringent regulatory standards set forth by several reputable authorities.

    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

    ProsCons
    • A regulated broker
    • LImited tradable instruments classes
    • Tailored trading software
    • Online chat supported

    Market Instruments

    LION provides access to three classes of tradable assets, covering 10000 securities, 100 futures, and over 100 currency pairs.

    Market Instruments

    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.
    open account
    1. 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).
    2. Review and Accept Agreements: Ensure you understand the terms and conditions outlined in these agreements.
    3. 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.
    4. 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

    Trading Platform

    LION offers tailored trading software for securities, futures, and CFD trading, and Lion has developed these platforms to be fully operational on both desktop and mobile devices. This multi-platform approach allows traders to transition between their computers and smartphones or tablets, maintaining consistent access to markets and trading tools regardless of their location.

    Securities trading software

    Trading Platform

    Futures Trading Software

    Trading Platform

    CFD trading software

    Trading Platform

    Notably, LION provides the popular MetaTrader 4 for forex trading, which is available on windows, iPhone and android devices.

    MetaTrader 4

    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.
    • Email: Traders can also contact LION's customer support via email at fx.support@libkr.com.
    • Phone: For those who prefer voice communication, LION offers phone support throught +60 377322948.
    Customer Support

    Educational Resources

    LION offers an educational resource called LION School, which includes features such as News Flash and Financial Calendar. The LION School team curates global financial news and market reports, presenting a concise overview of information related to securities, futures, and financial derivatives. This service also provides real-time reviews of market events.

    Educational Resources
    Educational Resources

    Conclusion

    In conclusion, LION offers several notable advantages, like access to over 10,000 securities and over 100 forex pairs to trade. However, there are also certain limitations, such as limited educational resources, account types, and payment methods. Overall, Lion is not a suitable broker for beginners and maybe experinced traders who bear the risk can have a try.

    FAQs

    What is the minimum deposit required by LION?

    To start trading on the LION platform, you need a minimum deposit of $100.

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

    Yes, LION provides a Lion school containing News Flash and Financial Calendar.

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

    No, copy trading is not supported by LION.

    Risk Warning

    Online trading carries substantial risk, potentially leading to the total loss of invested funds. It may not be appropriate for all traders or investors. It's crucial to fully comprehend the associated risks before engaging in trading activities. Additionally, the content of this review is subject to change, reflecting updates in the company's services and policies. The review's creation date is also relevant, as information could have become outdated. Readers should confirm the latest information with the company prior to making any investment decisions. The responsibility for utilizing the information provided herein lies exclusively with the reader.

    User Reviews

    Sort by content

    • Sort by content
    • Sort by time

    User comment

    17

    Comments

    Write a review

    Segun Ogundele
    more than one year
    Well overall experience was excellent deposit and withdraw both were very smooth and quick.
    2024-05-16 15:57
    Reply
    0
    0
    Bao Tran Y
    more than one year
    The spreads are narrower than my imagination, even tighter than Exness. My last favorite broker, It is really a surprise😃.
    2024-05-16 15:55
    Reply
    0
    0
    NurkyGo
    more than one year
    They've really got 0 spreads! The Ask price (that red line) is nowhere to be seen, seriously. The professional accounts are the real deal - true 0 spreads, perfect for day trading and scalping. And their customer support team is top-notch, multilingual and ready to assist you like true pros. It's a beautiful thing.
    2024-04-29 14:24
    Reply
    0
    0
    FX1523858474
    more than one year
    One of the major triumphs in my trading journey with VT Markets involved trading Apple stocks. Around the time of an expected product launch, I anticipated the company's stock price to rise. Riding on these expectations, I decided to buy Apple stocks on the VT Markets platform. The platform made it incredibly easy to jump into the stock market, providing real-time updates, charts, and depth analysis that considerably increased my market perception. Aided by this valuable information, I executed my buy order just as the market trend started showing signs aligned with my anticipation. And as expected, Apple launched a groundbreaking product, sending their stock prices soaring. I decided to sell my stocks at this point and, voila, walked away with a substantial profit. The whole trade operation was seamless, and the subsequent withdrawal process was as smooth as silk.
    2023-11-30 15:21
    Reply
    0
    0
    Cooperhere
    more than one year
    Let me give props to LION – even though they don't offer MT4 or MT5 trading platforms, their in-house web platform is surprisingly solid. I hardly experience any slippage, which is a big deal for me. The account opening process is a breeze too, super convenient. That's a crucial factor for me when choosing a broker.
    2023-11-28 16:40
    Reply
    0
    0
    风一样的男子8554
    more than one year
    I have been a foreign exchange platform for 5 years, and I have earned a total of more than 600,000 US dollars. There has been no problem with the withdrawal of funds, and they are all received in one day. I hope to continue to cooperate
    2023-04-28 15:45
    1
    0
    1
    FX8131279052
    more than one year
    I've been trading this platform for 3-4 years and depositing and withdrawing is very good among the exchanges I've traded on
    2023-03-28 17:18
    Reply
    0
    0
    FX3504046530
    more than one year
    Lion exchange is ok, everyone, fast deposit/withdrawal.
    2023-03-28 17:14
    Reply
    0
    0
    FX1965521314
    more than one year
    best exchange ever i trade
    2023-03-28 17:12
    Reply
    0
    0
    风一样的男子8554
    more than one year
    I personally highly recommend this platform. I have been trading with Lion Brokers for 3 years with 5 or 6 friends. There has always been no problem with depositing and withdrawing funds. No matter what, the withdrawal can be received within a working day. If you have something to ask their account manager, they will reply within 24 hours, which is very professional. The listing of the company in 2020 has given us great information. I hope that Lion International can do better and provide some teaching to other novices or those who are interested, so as to prevent them from encountering other black platforms and being deceived. fooled.
    2023-03-23 17:17
    Reply
    0
    0
    不戒色和尚
    more than one year
    My exposure can only be seen by me, no one else can see it! My comment will be deleted soon! How much does the lion give Tianyan? With this money, can you pay me back?
    2022-12-30 20:50
    Reply
    0
    0
     71647
    more than one year
    Don't know why but it feels safe. I don't know what to tell you, maybe it's because of their solid roots and history and all that, maybe it's because of their platform that feels so integrated and complete, but I feel treated well here.
    2022-12-16 13:37
    Reply
    0
    0
    FX1046608160
    more than one year
    I saw ads for this company but I can't open their website! Why? I see on wikifx that the floating spread for EURUSD is generally 1.4 pips, a friendly level. I'm sorry I can't trade with them.
    2022-11-25 17:22
    Reply
    0
    0
    登高山赏远景
    more than one year
    Their website is inaccessible...What happened? Have they changed their website address or just run away like other scammers do?
    2022-11-22 18:03
    Reply
    0
    0
    Mason_st
    more than one year
    I cannot open the official website of this broker, so weird, I guess this one is not reliable at all…
    2022-11-22 16:23
    Reply
    0
    0
    đạt nguyễn9428
    more than one year
    Fast liquidity deposit and withdrawal platform
    2022-10-05 21:58
    Reply
    0
    3
    99+
    TOP

    Chrome

    Chrome extension

    Global Forex Broker Regulatory Inquiry

    Browse the forex broker websites and identify the legit and fraud brokers accurately

    Install Now

    Select Country/Region
    • Hong Kong China

    • Taiwan

      tw.wikifx.com

    • United States

      us.wikifx.com

    • South Korea

      kr.wikifx.com

    • United Kingdom

      uk.wikifx.com

    • Japan

      jp.wikifx.com

    • Indonesia

      id.wikifx.com

    • Vietnam

      vn.wikifx.com

    • Australia

      au.wikifx.com

    • Singapore

      sg.wikifx.com

    • Thailand

      th.wikifx.com

    • Cyprus

      cy.wikifx.com

    • Germany

      de.wikifx.com

    • Russia

      ru.wikifx.com

    • Philippines

      ph.wikifx.com

    • New Zealand

      nz.wikifx.com

    • Ukraine

      ua.wikifx.com

    • India

      in.wikifx.com

    • France

      fr.wikifx.com

    • Spain

      es.wikifx.com

    • Portugal

      pt.wikifx.com

    • Malaysia

      my.wikifx.com

    • Nigeria

      ng.wikifx.com

    • Cambodia

      kh.wikifx.com

    • Italy

      it.wikifx.com

    • South Africa

      za.wikifx.com

    • Turkey

      tr.wikifx.com

    • Netherlands

      nl.wikifx.com

    • United Arab Emirates

      ae.wikifx.com

    • Colombia

      co.wikifx.com

    • Argentina

      ar.wikifx.com

    • Belarus

      by.wikifx.com

    • Ecuador

      ec.wikifx.com

    • Egypt

      eg.wikifx.com

    • Kazakhstan

      kz.wikifx.com

    • Morocco

      ma.wikifx.com

    • Mexico

      mx.wikifx.com

    • Peru

      pe.wikifx.com

    • Pakistan

      pk.wikifx.com

    • Tunisia

      tn.wikifx.com

    • Venezuela

      ve.wikifx.com

    United States
    ※ The content of this website abides with local laws and regulations.
    You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
    consumer hotline:006531290538
    Official Email:support@wikifx.com;
    Mobile Phone Number:234 706 777 7762;61 449895363
    Telegram:+60 103342306
    Whatsapp:+852-6613 1970;
    License or other information error corrections, please send the information to:qawikifx@gmail.com
    Cooperation:fxeyevip@gmail.com