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LiteForex , Hirose-fx Broker Comparison
Do you want to know which is the better broker between LiteForex and Hirose-fx ?
In the table below, you can compare the features of LiteForex , Hirose-fx 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
B
552.8
94
94
100
1983
1983
1922
C
EURUSD：0.4
EURUSD：3.4
29
-2
29
AA
EURUSD：10.32
XAUUSD：28.93
B
EURUSD： -4.94 ~ 2.19
XAUUSD： -28.16 ~ 6
AAA
0.1
10.6
CLASSIC,ECN
--
$50
--
from 2.0 points
100.00
floating
0.01
--
Pin on the left
7.99
Regulated
No guarantee
--
--
15-20 years
FSA
Not supported
Not supported
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
Score
Regulatory Status
Regulated
Regulated
BrokerRelevant information
LiteForex 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-fx 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-fx
| Hirose-fxReview Summary | |
| Founded | 2004 |
| Registered Country/Region | Japan |
| Regulation | FSA |
| Market Instruments | Forex, CFDs on stock index, ETFs, and commodities |
| Demo Account | ✅ |
| Leverage | Up to 1:20 |
| EUR/USDSpread | 0.3 pips |
| Trading Platform | LION FX, LION CFD |
| Min Deposit | $0 |
| Customer Support | Contact form |
| Tel: 0120-63-0727; 06-6534-0708 | |
| Fax: 0120-34-0709 | |
| Email: info@hirose-fx.co.jp | |
Hirose-fx was registered in 2004 in Japan. It mainly focuses on the forex and CFD markets, like stocks and commodities. It uses its own trading platforms, called LION FX and LION CFD, and it does not require minimum deposits and withdrawal. More importantly, it is regulated by the Financial Services Agency (FSA) in Japan.
Pros and Cons
| Pros | Cons |
| Regulated by FSA | No Islamic account |
| Demo accounts | Not support MT4 or MT5 |
| Low spreads | Limited payment options |
| No commissions | No live chat |
| No minimum deposit | |
| No deposit and withdrawal fees | |
| Various channels for customer support |
Is Hirose-fx Legit?
Yes, Hirose-fx is regulated by the Financial Services Agency (FSA) in Japan. However, the FSA once sanctioned Hirose-fx for violation of laws. Despite the fact that it is regulated, potential risks may still exist, and please be aware of the risks.
| Regulated Authority | Current Status | Regulated Country | License Type | License No. |
| Financial Services Agency (FSA) | Regulated | Japan | Retail Forex License | 近畿財務局長（金商）第41号 |
WikiFX Field Survey
WifiFX field survey team visited Hirose-fx's regulatory address: 1-3-19 Shinmachi in Nishi-ku of Osaka, Japan. It is found that Hirose-fx has a physical business office.
What Can I Trade on Hirose-fx?
On Hirose-fx, customers can trade forex, stock index, ETFs, and commodities.
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Stock Index | ✔ |
| Commodities | ✔ |
| ETFs | ✔ |
| Cryptos | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Leverage
For some of the stock index and ETF CFDs, the leverage is about 10 times, while for some commodity CFDs, it is about 20 times. When the leverage is high, the risks are also likely to be high. Therefore, careful considerations are recommended.
Spread and Commission
For different currency pairs, the spreads are not the same. As to the EUR/USD pair, the spread is 0.3 pips.
As for commissions, all charging no commissions.
Trading Platform
Hirose-fx uses its own trading platforms, which are LION FX and LION CFD.
| Trading Platform | Supported | Available Devices | Suitable for |
| LION FX | ✔ | Web, desktop, mobile | Forex traders |
| LION CFD | ✔ | Web, desktop, mobile | CFD traders |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
Hirose-fx supports 3 types of deposit: quick deposit, quick deposit at ATM, and bank transfer. As for withdrawal, it supports real-time withdrawals and regular withdrawals. More importantly, no commission fees are charged.
| Deposit Option | Min Deposit | Fee | Processing Time |
| Quick deposit | $0 | ❌ | Instant |
| Quick deposit at ATM | |||
| Bank transfer |
| Withdrawal Option | Fee | Processing Time |
| Real-time withdrawal | ❌ | 9:30 to 14:30: Instant |
| After 14:30: waiting until 9:30 | ||
| Regular withdrawal | 0:00 to 8:00: processing in the morning | |
| 8:00 to 12:00: processing before 15:00 | ||
| 12:00 to 24:00: waiting until the second morning |
Are the transaction costs and expenses of liteforex, hirose-fx 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-fx 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-fx the spread is --.
Which broker between liteforex, hirose-fx 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-fx is regulated by FSA.
Which broker between liteforex, hirose-fx 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-fx provides trading platform including -- and trading variety including --.