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LiteForex , Hirose Financial Broker Comparison
Do you want to know which is the better broker between LiteForex and Hirose Financial ?
In the table below, you can compare the features of LiteForex , Hirose Financial 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 brokers in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Official website
Basic Information
Established(years)
Regulatory license
MT4
MT5
Crypto
Deposit and withdrawal method
Benchmark
environment rating
Transaction Speed
Transaction speed rating
Average transaction speed(ms)
The highest transaction speed(ms)
The highest speed of opening positions(ms)
The highest speed of closing position(ms)
Slowest transaction speed(ms)
The lowest speed of opening positions
(ms)
The lowest speed of closing position(ms)
Trading slippage
Transaction slippage rating
Average slippage
Maximum transaction slippage
Maximum positive slippage
Maximum negative slippage
Transaction Cost
Transaction cost rating
- Average transaction cost (USD/Lot)
Rollover Cost
Rollover cost rating
- Average Rollover Cost (USD/Lot)
Disconnection results
Software disconnection rating
Average disconnection frequency (times/day)
Reconnection time(ms)
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
Pin on the left
4.99
Regulated
No guarantee
15-20 years
CYSEC
Supported
Supported
--
B
AA
400.4
63
63
76
1999
1999
1998
C
EURUSD：0.4
EURUSD：2.5
28
-2
28
AA
EURUSD：9.5
XAUUSD：23.18
C
EURUSD： -6.8 ~ 3.02
XAUUSD： -44.68 ~ 9.52
AAA
0.2
26.3
CLASSIC,ECN
--
$50
--
from 2.0 points
100.00
floating
0.01
--
Pin on the left
7.34
Regulated
No guarantee
10-15 years
FCA,LFSA,FSA
Supported
Not supported
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
MT4,LION Trader
--
3 points
100:1
EURUSD 1.9 GBPUSD 2.9 AUDUSD 2.9 USDJPY 1.9
--
--
0.01 lot
--
Score
Regulatory Status
Regulated
Regulated
BrokerRelevant information
LiteForex 、 Hirose Financial BrokerRelevant 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 liteforex, hirose-financial 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
liteforex
| LiteForex Review Summary | |
| Founded | 2004 |
| Registered Country | Cyprus |
| Regulated | CYSEC |
| Trading Instruments | Currency, commodities, global stock indices |
| Demo Account | ✅ |
| Leverage | Up to 1:30 |
| EUR/USD Spread | Floating around 0.6 pips |
| Trading Platform | MT4, MT5 |
| Copy Trading | ✅ |
| Min Account Deposit | $50 |
| Customer Support | Working hours: 9 a.m. - 9 p.m.(GMT +2) (Monday to Friday) |
| Live chat | |
| Phone: +357-25-750-555 | |
| Email: support@liteforex.eu | |
| Address: Liteforex (Europe) Ltd, 30 Spyrou Kyprianou, 1st Floor, Germasogeia, 4040, Limassol, Cyprus | |
LiteForex Information
LiteForex is a Cyprus-registered company that provides online trading services for forex, commodities, and global stock indices markets. It is regulated by the Cyprus Securities and Exchange Commission (CYSEC) and offers two types of live accounts: ECN and Classic. LiteForex also provides demo accounts and rich educational resources for beginners. The company allows clients to deposit and withdraw funds via popular electronic transfers, bank cards, and bank wire transfers with a minimum amount of 1 USD and no extra fees.
Pros & Cons
| Pros | Cons |
| Many years' experience in the industry | Limited leverage ratios |
| Regulated by CySEC | No 24/7 customer support |
| Member of the Investor Compensation Fund | |
| Various trading instruments | |
| Demo accounts available | |
| Tight EUR/USD spread | |
| MT4 and MT5 supported | |
| Copy trading offered | |
| Low minimum deposit | |
| Popular payment options | |
| No deposit/withdrawal fees | |
| Rich educational resources for beginners | |
| Multiple contact channels |
Is LiteForex Legit?
Yes. LiteForex is regulated by Cyprus Securities and Exchange Commission (CySEC).
| Regulatory Agency | Cyprus Securities and Exchange Commission (CySEC) |
| Current Status | Regulated |
| Regulated by | Cyprus |
| Licensed Institution | Liteforex (Europe) Ltd |
| Licensed Type | Straight Through Processing (STP) |
| Licensed Number | 093/08 |
Besides, the broker says that it is a member of the Investor Compensation Fund, which enables them to guarantee that all of their client funds are insured (up to 20,000 EUR).
Market Instruments
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Stock Indices | ✔ |
| Cryptocurrency | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
LiteForex offers a demo account for beginners to practice trading without risking real money.
For live accounts, the company provides two options: ECN and Classic.
| Account Type | Minimum Deposit | Account Base Currency |
| ECN | $50 | USD, EUR, GBP, PLN |
| Classic | $50 | USD, EUR, GBP, PLN |
Leverage
LiteForex offers a maximum leverage of 1:30, which is a commonly seen level in the forex industry. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Spread & Commission
| Account Type | Spread | Commission |
| ECN | Floating from 0.0 points | ✔ |
| Classic | Floating from 2.0 points | ❌ |
| Currency Pair | Spread (Floating) |
| EUR/USD | 0.6 pips |
| GBP/USD | 1.0 pips |
| AUD/USD | 1.0 pips |
| USD/JPY | 1.0 pips |
| EUR/JPY | 0.2 pips |
Trading Platform
LiteForex offers both MT4 and MT5 trading platforms, which are widely recognized and trusted by traders in the industry. You can download Apps for Android and iOS.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Windows PC, MacOS, iPhone/iPad, Androi | Beginners |
| MT5 | ✔ | Windows PC, MacOS | Experienced traders |
Deposit & Withdrawal
| Payment Options | Min Deposit | Commission/Fee | Deposit Time | Withdrawal Time |
| Visa/MasterCard | $10 | ❌ | Instant | 3-5 days |
| Bank wire transfers | $10 | ❌ | 2-5 days | 2-5 days |
| Neteller/Skrill | $1 | ❌ | Instant | Instant |
hirose-financial
| Hirose Financial Review Summary | |
| Founded | 2010 |
| Registered Country/Region | United Kingdom |
| Regulation | FCA, LFSA, FSA |
| Services | Tailored forex liquidity solutions, forex prime services and margin trading, distribution and execution |
| Customer Support | Email: support@hirose-financial.com |
| Physical Address: Japan: MG Building, 1-3-19 Shinmachi, Nishi-Ku, Osaka-Shi, Osaka, JapanEngland: mSalisbury House 29 Finsbury Circus London EC2M 5QQMalaysia: Level 2, Lot 19, Lazenda Commercial Centre, Phase 3, 87007 F.T. Labuan, Malaysia | |
Hirose Financial Information
Hirose Financial, founded in 2010, is a financial service company specialising in providing forex liquidity and credit solutions to institutional clients. The services it provides cover tailored forex liquidity solutions, forex prime services and margin trading, distribution and execution.
Pros and Cons
| Pros | Cons |
| Regulated | No commission information |
| Wide range of trading instruments | No clear information on the minimum deposit for each accounts |
| Generous leverage up to 1:500 | Limited account types offered |
| MT4 and MT5 supported | No Islamic account |
| Copy trading available | |
| Demo account available |
Is Hirose Financial Legit?
Hirose Financial is regulated by FCA, LFSA, and FSA. The current status of its FSA License is a suspicious clone.
| Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number | Current Status |
| United Kingdom | FCA | Hirose Financial UK Limited | Straight Through Processing(STP) | 540244 | Regulated |
| Malaysia | LFSA | Hirose Financial MY Limited | Straight Through Processing(STP) | MB/15/0006 | Regulated |
| Japan | FSA | ヒロセ通商株式会社 | Retail Forex License | 近畿財務局長（金商）第41号 | Suspicious Clone |
Services
The services it provides cover tailored forex liquidity solutions, forex prime services and margin trading, distribution and execution.
Are the transaction costs and expenses of liteforex, hirose-financial 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 liteforex and hirose-financial are, we first considered common fees for standard accounts. On liteforex, the average spread for the EUR/USD currency pair is from 2.0 points pips, while on hirose-financial the spread is EURUSD 1.9 GBPUSD 2.9 AUDUSD 2.9 USDJPY 1.9.
Which broker between liteforex, hirose-financial 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.
liteforex is regulated by CYSEC. hirose-financial is regulated by FCA,LFSA,FSA.
Which broker between liteforex, hirose-financial 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.
liteforex provides trading platform including CLASSIC,ECN and trading variety including --. hirose-financial provides trading platform including MT4,LION Trader and trading variety including --.
Looking for more references? The following are other comparisons related to liteforex, hirose-financial:
liteforex vs directrader liteforex vs anzo-capital liteforex vs vpfx liteforex vs fxcl liteforex vs sbi-fxtrade liteforex vs doo-prime hirose-financial vs directrader hirose-financial vs anzo-capital hirose-financial vs vpfx hirose-financial vs fxcl hirose-financial vs sbi-fxtrade hirose-financial vs doo-prime