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

LION

Cayman Islands | 5-10 years |
Regulated in Hong Kong | Dealing in futures contracts | MT4 Full License | Regional Brokers | Suspicious Overrun | High potential risk | Offshore Regulated

https://www.libkrgroup.com

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

7
Server Name
LionBrokersLimited-Demo MT4
Server Location Hong Kong

Contact

+852 94265223
ky@libkr.com
https://www.libkrgroup.com
Conyers Trust Company (Cayman) Limited,Cricket Square,Hutchins Drive, PO Box 2681,Grand Cayman,KY1-1111,Cayman Islands
The WikiFX Score of this broker is reduced because of too many complaints!
VPS Standard
No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Open
WikiFX Risk Alerts
2025-09-15
  • WikiFX has received a total of 173 user complaints against this broker, please be aware of the risks and do not be scammed!
4

Basic Information

Registered Region
Cayman Islands
Operating Period
5-10 years
Company Name
Lion Brokers Limited
Abbreviation
LION
Company employee
--
Customer Service Email Address
ky@libkr.com
Contact Number
+85294265223
Company address
Conyers Trust Company (Cayman) Limited,Cricket Square,Hutchins Drive, PO Box 2681,Grand Cayman,KY1-1111,Cayman Islands

Tieudao

Verified

Vietnam

Does not allow withdrawals, displays incorrect balance... Now even the entire website has been changed, can't access the old interface.

Exposure

06-05

Tieudao

Verified

Vietnam

After failing to process withdrawals, the platform wiped its website and deleted the MT4 accounts of its customers.

Exposure

06-03

Tieudao

Verified

Vietnam

The exchange does not allow withdrawals, trades are being held. Account balance status is shown on the website. No support responds to emails. The exchange's support on Telegram scams customers.

Exposure

05-26

Tieudao

Verified

Vietnam

Not allowing withdrawals and the platform's support is scamming investors.

Exposure

05-21

Tieudao

Verified

Vietnam

The platform is excessively delayed and has not responded to emails from April 28 to May 3. No action taken.

Exposure

05-03

FX2447387288

Verified

Hong Kong

Withdrew funds in December 2024 but they haven't arrived yet. Now I can't even log into the backend.

Exposure

04-19

FX1982025235

Unverified

Hong Kong

LION, which claims to be listed on NASDAQ and is a sponsor and designated service provider for the annual Futures Daily live trading contest, appeared legitimate. We found LION's official website, and their customer service added us on WeChat, assuring us of the platform's legitimacy and financial security. We opened an account and initially tested it with a few hundred dollars for deposits and withdrawals without any issues. Later, some leaders and friends made larger deposits using our quantitative testing. Recently, the quantitative tests have been incurring losses, and now we are unable to withdraw funds.

Exposure

2024-12-29

浪里淘金2757

Unverified

Hong Kong

Submitted a withdrawal application on the 14th of the 14th month, but it has not been credited yet. Customer service keeps making excuses.

Exposure

2024-11-28

FX5023613822

Unverified

Vietnam

The platform is associated with a group of partners who share the profits from customers' account losses.

Exposure

2024-11-26

Việt Đỗ

Unverified

Vietnam

My withdrawal order has been pending for 48 hours and has not been credited to my account. I want to retrieve my capital.

Exposure

2024-11-07

Việt Đỗ

Unverified

Vietnam

I placed a withdrawal order but haven't received the money in my account for 36 hours. I have also messaged the fanpage and sent an email to the exchange, but haven't received any response from them.

Exposure

2024-11-06

FX3200625272

Unverified

Vietnam

I was deceived by a group into the Lion exchange and they created a fake account and stole my MT4 password. They then traded both buy and sell positions to close my account until all my funds were lost. I hope the company can intervene and help me recover my money. In total, I lost $30,000.

Exposure

2024-11-05

FX2078780792

Unverified

Vietnam

The money holding platform does not allow withdrawals. Sending support emails also does not receive any response.

Exposure

2024-11-04

FX3007569720

Unverified

Vietnam

I deposited 10,000 and the broker burned it in 1 minute. After that, the broker reloaded it for me but I couldn't withdraw it.

Exposure

2024-10-31

FX3007569720

Unverified

Vietnam

I made a withdrawal request but couldn't withdraw the money. After that, someone withdrew from my account. Then the exchange notified me that I didn't have enough balance.

Exposure

2024-10-31

超人4121

Unverified

Hong Kong

Please, the conscientious platform, process my withdrawal. It's been six months, and my account is still showing a loss.

Exposure

2024-10-24

超人4121

Unverified

Hong Kong

Withdrawal of over 10,000 yuan on the 1st of March has not been received yet. It's already October, please process the withdrawal. It lost money on backend.

Exposure

2024-10-19

FX3357964353

Unverified

Hong Kong

In late September 2024, I made a deposit. Because I was cooperating with Lion, I applied for a withdrawal in mid-October 2024. They requested me to pay taxes before the withdrawal. After I paid the taxes as requested, they said that the risk control department temporarily terminated the withdrawal instruction and requested a prepayment of 50% service fee before the withdrawal. According to the contract, the service fee should be charged after I withdraw, but Lion is blocking my withdrawal.

Exposure

2024-10-16

FX3191459265

Unverified

Malaysia

I have been trading for a while and it feels pretty good. There is no slippage and the deposit and withdrawal process is quite fast. They even have a follow-up call after withdrawal, which makes the platform very reassuring.

Positive

2024-10-15

FX3443938177

Unverified

Malaysia

I have been using it for three months and have earned an extra $3,000 with the help of a 20% bonus. The withdrawal process is fast. If I apply for withdrawal before 12 o'clock, the funds will be credited in the afternoon.

Positive

2024-10-07

256
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Company Summary
Disclosure
News
Wiki Q&A
Comment
MT4/5
Full License MT4
2
MT4 Servers
0
MT5 Servers
74.33
velocityIcon
Average execution speed/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 4
Perfect

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Website

lionbrokersltd.com
172.67.165.81
lionbrokersvn.com
151.106.124.214
libkrglobal.com
103.96.149.148
libkrsgr.com
172.67.195.84
libkrgr.com
104.21.5.4
libkrsgroup.com
104.27.184.42
View More

Genealogy

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Relevant Enterprises

LION INTERNATIONAL FINANCIAL (SINGAPORE) PTE. LTD.(Singapore)
Active
Singapore
Registration No.
201924471R
Established
2019-07-26
Lion Futures Limited(Hong Kong)
Active
Hong Kong
Registration No.
2379525
Established
2016-05-20
Lion Brokers Limited(Hong Kong)
Active
Hong Kong
Registration No.
2301547
Established
2015-10-29

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


Keywords

  • 5-10 years
  • Regulated in Hong Kong
  • Regulated in Singapore
  • Regulated in Cayman Islands
  • Regulated in United Kingdom
  • Dealing in futures contracts
  • Retail Forex License
  • Common Financial Service License
  • Common Business Registration
  • MT4 Full License
  • Self-developed
  • Regional Brokers
  • Suspicious Overrun
  • High potential risk
  • Offshore Regulated

Wiki Q&A

MarceloD
Within 1 year

Is LION a safe platform for trading?

WikiFX Reply
LION provides a relatively safe trading environment due to its regulation by SFC and MAS, two of the most reputable financial regulators in the world. This regulatory oversight ensures that LION operates under high standards, safeguarding client funds and ensuring transparent operations. The LION login feature allows secure access to the platform, enabling me to trade with peace of mind. However, it’s important to note that LION also holds an offshore license from CIMA, which does not provide the same level of investor protection as SFC or MAS. The presence of an offshore license might raise some concerns for traders who prioritize robust regulatory frameworks. Despite these concerns, LION broker offers a safe and secure platform for trading forex, securities, and futures, provided traders understand the potential risks of offshore regulation. For me, the regulatory oversight from SFC and MAS is reassuring, but the offshore license warrants cautious consideration.
Broker Issues
LION
Regulation
08-15
United States
MarceloD
Within 1 year

What trading platforms does LION offer?

WikiFX Reply
LION offers two primary trading platforms: LionBrokersElite for securities and CFDs, and LionBrokers for futures trading. These platforms are available on multiple devices, including Windows, macOS, iOS, and Android, making it easy for me to trade on the go. The LION platform is user-friendly, offering real-time market data and tools for executing trades. As someone who trades both forex and futures, I appreciate the convenience of using separate platforms for different types of instruments. The LION account gives me access to both platforms, and LION trading is smooth and efficient, thanks to the easy-to-navigate interface. However, advanced traders may find that the platforms lack the depth of features offered by other systems like MT4 or MT5, which offer more comprehensive tools for technical analysis. Despite this, the LION platform is still sufficient for casual traders and those focused on forex and futures markets.
Broker Issues
LION
Instruments
Leverage
Platform
Account
07-31
United States
Shoofar
Within 1 year

Is LION legit for international trading?

WikiFX Reply
Yes, LION is a legitimate platform for international trading. It is regulated by SFC and MAS, providing credibility and reliability in the forex, securities, and futures markets. The company has also established a strong presence in multiple countries, including Hong Kong, Singapore, and the Cayman Islands. The LION login feature provides secure access to LION account holders, allowing them to monitor and manage their trades in real-time. While LION operates with an offshore license from CIMA, which might raise concerns about full regulatory oversight, its regulation by SFC and MAS still provides a significant level of credibility. LION platform supports multiple trading instruments, and its long-standing presence in the financial services industry adds to its legitimacy. Despite the offshore license, I consider LION a legitimate broker for international trading, but traders should be aware of the potential risks.
Broker Issues
LION
Regulation
07-25
United States
Tomas
Within 1 year

Does LION offer a demo account for practice trading?

WikiFX Reply
LION does not currently offer a demo account, which is a feature that many brokers provide for traders to practice without risking real money. This is a limitation, especially for beginners who might want to familiarize themselves with the platform and trading strategies before diving into real trading. Without a demo account, traders are forced to learn as they go, which could be intimidating for new users. However, LION platform is relatively user-friendly, and the LION login system allows me to start trading immediately once I open a real account. While I understand that some traders may find the lack of a demo account inconvenient, I still find LION trading accessible for individuals who are familiar with trading platforms. I would recommend new traders to gain some knowledge of forex and futures trading before starting with a live account on LION.
Broker Issues
LION
Leverage
Platform
Account
Instruments
07-15
United States
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