Hirose UK Review

About Hirose UK

Hirose UK is a forex brokerage brand owned and operated by Hirose Financial UK limited. The company is authorized and regulated by the Financial Conduct Authority with License number 540244.

Special Offers and Bonuses

The only bonuses that are issued on Hirose UK on a periodic basis are:

a)    $20 no-deposit bonus

b)    Occasional account deposit bonuses

These bonuses are usually issued by the affiliate partners.

 

Types of Trading Accounts

Only one live trading account type can be opened on Hirose UK. However, the trader must specify whether the account is to be run on MT4 or on the Lion Trader. Accounts can be denominated in Euros, GBP or USD.

The leverage is 300:1, and the minimum trade size is 0.01 lots.

 

Trading Platform Features

Hirose UK traders can choose to trade on any of these platforms:

a)    MetaTrader4: Hirose UK offers its clients the downloadable version of the MT4 platform, complete with charting tools and all the features of the new MT4 build 600 and above versions.

b)    The LION Trader: This is the Hirose UK version of the AcTrader platform.

c)     Lion Webtrader: Hirose UK also has a web-based trading platform which can be accessed by Windows and Mac users. There is a different login interface for each account currency (USD, GBP and EUR).

d)    Mobile Platforms: Trading can also be done on the mobile trading platforms from Hirose UK. Two versions of the mobile platforms are available: the ActTrader platform and the MT4 platform. Each platform has been configured for the iPhone, iPad, iPod touch and Android devices.

 

Commissions and Spreads

The commissions and spreads obtainable on Hirose UK are spelt out below.

a)    MT4 Spreads

CrossTypical
Spread
(Pips)
EUR/USD1.9
GBP/USD2.9
USD/JPY1.9
AUD/USD2.9
AUD/CHF3.9
AUD/JPY2.9
EUR/AUD3.9
EUR/CHF3.9
EUR/GBP2.9
EUR/JPY2.9
CAD/JPY3.9
CHF/JPY3.9
GBP/AUD4.9
GBP/CHF5.9
GBP/JPY3.9
NZD/JPY3.9
USD/CAD2.9
USD/CHF2.9
AUD/CAD6.1 - 7.1
AUD/NZD8.1
CAD/CHF6.0 - 7.5
EUR/CAD6.1 - 6.4
EUR/NZD10.6 - 10.7
EUR/PLN70 - 106
EUR/SGD10.3 - 12.6
EUR/TRY89 - 100
EUR/ZAR118 - 268
GBP/CAD6.0 - 7.0
GBP/NZD11.8 - 13.0
HKD/JPY6.0 - 6.1
HUF/JPY100 - 110
MXN/JPY8.0
NZD/CAD7.4 - 8.1
NZD/CHF6.4 - 6.9
NZD/USD3.9
PLN/JPY8.6 - 10.3
SGD/JPY8.1 - 8.7
TRY/JPY56 - 57
USD/HKD51.5
USD/HUF63 - 88
USD/MXN115 -175
USD/PLN58 - 84
USD/SGD8.4 - 9.9
USD/TRY56 - 63
USD/ZAR118 -245
XAU/USD*34 – 44
ZAR/JPY3.0

 

b)    Lion Trader Spreads

CrossTypical
Spread
(Pips)
EUR/USD0.8
GBP/USD0.9
USD/JPY0.7
AUD/USD1.0
AUD/JPY1.4
EUR/GBP1.0
EUR/JPY1.2
GBP/AUD2.4
GBP/CHF3.0
GBP/JPY1.7
USD/CAD2.0
USD/CHF1.5
AUD/CAD5.4 - 6.0
AUD/CHF4.0
AUD/NZD7.5
CAD/CHF4.1 - 4.8
CAD/JPY3.2
CHF/JPY2.8
EUR/AUD3.9
EUR/CAD4.4 - 4.8
EUR/CHF2.0
EUR/NOK87 - 139
EUR/NZD12.1 - 12.2
EUR/PLN95 - 112
EUR/SEK82 - 156
EUR/SGD6.8 - 9.8
EUR/TRY49 - 72
EUR/ZAR114 - 230
GBP/CAD7.0 - 7.8
GBP/NZD12.8 - 13.1
HKD/JPY3.5 - 3.8
HUF/JPY90 - 110
MXN/JPY7.0
NOK/JPY3.1 - 4.4
NZD/CAD6.1 - 11.1
NZD/CHF7.2 - 7.4
NZD/JPY5.0
NZD/USD2.0
PLN/JPY9.1 - 10.1
SEK/JPY2.9 - 3.6
SGD/JPY5.0 - 7.1
TRY/JPY36 - 38.4
USD/HKD30.0
USD/HUF30.0
USD/MXN125 - 156
USD/PLN55 - 65
USD/SGD8.6 - 11.2
USD/TRY46 - 48
USD/ZAR105 -185
ZAR/JPY5.0

Charting Packages

Charts on Hirose UK are available on the respective MT4 platforms as well as the Lion Trader platform.

 

Education and Demo Accounts

Hirose UK has a comprehensive forex education suite, which is listed below:

a)    A general forex trading guide.

b)    A trading manual for both the MT4 and the Lion Trader platforms.

c)     Technical and fundamental analysis

d)    A forex glossary.

e)    A brief forex tutorial on the essentials of a forex trade. 

Traders also get access to a free and unlimited forex demo account for both the MT4 and Lion Trader platforms.

 

Customer Service

Hirose UK customer support is available via the following means of communication:

  • Physical Address: Hirose Financial UK Ltd. 27 Austin Friars, London, EC2N 2QP
  • Live Chat
  • Customer Support Email: info@hiroseuk.com
  • TEL Free: 0800 860 0923
  • TEL Local: 0207 614 3580
  • TEL International: +44 (0)20 7614 3580
  • FAX Local: 0800 860 0924
  • FAX International: +44 800 860 0924
  • Online email form

 

Deposits and Withdrawals

Deposits can be made on Hirose UK as follows:

a)    Skrill (Moneybookers)

b)    Neteller

c)     UnionPay

d)    Fasapay

e)    Credit Cards: Diner’s Club, VISA and MasterCard are methods of conducting credit/debit transactions.

f)     Bank wires are also used for depositing and withdrawing funds.

g)    Cheque

 

Deposit Limits

The minimum deposit requirement differs from one transaction method to another. The deposit minimums are as follows:

–       Fasapay: $10

–       Credit card: $50

–       Skrill: $20

–       Neteller: $20

–       UnionPay: 100 CNY

–       Wire Transfer: $50

Credit card deposits are instant, while wire transfers take up to 3 business days to be credited to the account. The other e-wallet methods take one hour.

 

Withdrawal Limits

The limits of withdrawals for the various methods of transaction are displayed as follows:

 

Credit/Debit CardFees: Free
Minimum Withdrawal Amount: 20 GBP, 20 USD, 20 EUR
MoneybookersFees: Free
Minimum Withdrawal Amount: 20 GBP, 20 USD, 20 EUR
NetellerFees: Free
Minimum Withdrawal Amount: 20 GBP, 20 USD, 20 EUR
Maximum Withdrawal Limit: 5,000USD per transaction
UnionPayFor GBP, £2 per a transaction
For EUR, €2.5 per a transaction
For USD, $3.5 per a transaction
Minimum Withdrawal Amount: 20 GBP, 20 USD, 20 EUR
Maximum Withdrawal Limit: 7,300 USD per a transaction See Important Note
FasapayFees: 0.5%
Minimum Withdrawal Amount: 20 USD or 200,000 IDR
Maximum Withdrawal Limit: See Fasapay Deposit/Witdrawal Limit
*If you make a deposit in Rupiah (IDR) Hirose UK will return the funds (withdrawal) in IDR as well. If you make a deposit in USD, your withdrawal will be pay in USD as well. See Important Notes.
Local Wire transferFor GBP, No Fees
For EUR, £8.50 per transaction
For USD, £8.50 per transaction
*Please be aware that you may incur additional fees from your bank when transferring US dollars and Euros funds.
Minimum Withdrawal Amount: 20 GBP, 20 USD, 20 EUR
International Wire TransferFor EUR, £5.00
For USD, £8.50 per transaction
For GBP, £8.50 per transaction
*You may incur additional fees when international wire transfer funds are returned to your beneficiary bank. These fees can vary from country to country so please check with your own bank.
Minimum Withdrawal Amount: 50GBP, 50 USD, 50 EUR

 

Conclusion

Hirose UK caters for all types of traders with their multiple account types, trading platforms and trade conditions. Traders can therefore choose their own trading conditions as it suits their trading styles.

Register an Account with HiroseUK

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