Global Broker Regulation Inquiry App
WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

Lion Financial

United States United States | 5-10 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

http://www.yylion.com/index.php

Website

Rating Index

Contact

13058149959
http://www.yylion.com/index.php
Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!
  • It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
United States United States
Operating Period
5-10 years
Company Name
Lion Financial Group
Contact Number
13058149959
QQ
444757807
Website
Genealogy
Related Companies
Company Summary
Comment

Users who viewed Lion Financial also viewed..

VT Markets

VT Markets

8.68
Score
ECN Account 5-10 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
VT Markets
VT Markets
Score
8.68
ECN Account 5-10 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Official website
CPT Markets

CPT Markets

8.53
Score
ECN Account 10-15 yearsRegulated in United KingdomMarket Maker (MM)MT4 Full License
CPT Markets
CPT Markets
Score
8.53
ECN Account 10-15 yearsRegulated in United KingdomMarket Maker (MM)MT4 Full License
Official website
HANTEC MARKETS

HANTEC MARKETS

8.62
Score
ECN Account 15-20 yearsRegulated in United KingdomMarket Maker (MM)MT4 Full License
HANTEC MARKETS
HANTEC MARKETS
Score
8.62
ECN Account 15-20 yearsRegulated in United KingdomMarket Maker (MM)MT4 Full License
Official website
Neex

Neex

8.75
Score
ECN Account 15-20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Neex
Neex
Score
8.75
ECN Account 15-20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Official website

Website

  • yylion.com
    47.52.226.237
    Server Location
    Hong Kong Hong Kong
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    0001-01-01
    Website
    WHOIS.BIZCN.COM
    Company
    BIZCN.COM, INC.

Genealogy

vip Subscribe in the App to unlock!
Download APP
vip vip
Lion Financial

Related Companies

LION FINANCIAL GROUP LLC(Delaware (United States))
United States
LION FINANCIAL GROUP LLC(Delaware (United States))
Active
United States
Registration No. 2622084
Established
Related sources Website Announcement

Company Summary

Aspect Information
Company Name Lion Financial
Registered Country/Region Hong Kong, China
Year Established 2014
Regulation Not regulated
Market Instruments Hong Kong Stocks, US Stocks, Shanghai-Hong Kong Stock Connect, Shenzhen-Hong Kong Stock Connect, Global ETFs, Global Futures (Precious Metals, Energy, Indices, Forex, etc.), Derivatives, Asset Management
Account Types Standard Account, Margin Account (ESN)
Minimum Deposit HKD 10,000
Maximum Leverage 1:50 (Hong Kong Stocks), 1:200 (Others)
Spread Floating
Trading Platforms Lion Trader
Demo Account Yes
Customer Support 24/5 Phone at 13058149959; QQ: 444757807
Deposits and Withdrawals Bank Wire Transfer, Credit/Debit Cards, Third-Party Payment Platforms

Overview of Lion Financial

Lion Financial, established in Hong Kong, China, in 2014, is a financial firm offering a range of market instruments including Hong Kong Stocks, US Stocks, Shanghai-Hong Kong Stock Connect, Shenzhen-Hong Kong Stock Connect, Global ETFs, Global Futures (covering Precious Metals, Energy, Indices, Forex, etc.), Derivatives, and Asset Management. The company provides Standard and Margin Accounts (ESN) with a minimum deposit requirement of HKD 10,000 and offers maximum leverage of 1:50 for Hong Kong Stocks and 1:200 for other instruments.

The trading spreads are floating, and clients can engage with the markets using the Lion Trader, MT4, and MT5 platforms, complemented by a demo account for practice. While the company is not regulated, it facilitates deposits and withdrawals through various channels, including Bank Wire Transfer, Credit/Debit Cards, and Third-Party Payment Platforms. Customer support is available 24/5 via phone at 13058149959 and QQ: 444757807, providing assistance to clients navigating their financial endeavors.

Overview of Lion Financial

Pros and Cons

Pros Cons
Diverse Market Instruments Lack of Regulation
Multiple Account Types Limited Educational Resources
Accessible Trading Platforms Relatively High Minimum Deposit
24/5 Customer Support Maximum Leverage is considered high
Availability of Demo Account Limited Deposit and Withdrawal Options

Pros:

  1. Diverse Market Instruments: Lion Financial offers a wide range of market instruments, including Hong Kong Stocks, US Stocks, Shanghai-Hong Kong Stock Connect, Shenzhen-Hong Kong Stock Connect, Global ETFs, Global Futures, Derivatives, and Asset Management. This diversity provides clients with various investment options and opportunities.

  2. Multiple Account Types: The availability of both Standard and Margin Accounts (ESN) satisfies the diverse needs and preferences of different investors. This flexibility allows clients to choose an account type that aligns with their trading strategies and risk tolerance.

  3. Accessible Trading Platforms: Lion Financial provides access to popular and widely-used trading platforms such as Lion Trader, MT4, and MT5. These platforms are known for their user-friendly interfaces and advanced features.

  4. 24/5 Customer Support: The company offers customer support services 24 hours a day, five days a week. This accessibility ensures that clients can seek assistance or resolve issues at any time during the trading week, contributing to a positive customer experience.

  5. Availability of Demo Account: Lion Financial offers a demo account, allowing users to practice trading in a risk-free environment. This is beneficial for both beginners who want to learn the ropes of trading and experienced investors looking to test new strategies before implementing them in live markets.

Cons:

  1. Lack of Regulation: One notable drawback is the absence of regulatory oversight. The lack of regulation raise concerns for some investors, as regulatory bodies are generally seen as providing a level of consumer protection and ensuring fair business practices within the financial industry.

  2. Limited Educational Resources: While Lion Financial offers diverse market instruments, the availability of educational resources such as webinars, articles, and videos appears to be limited. Robust educational materials are crucial for helping clients make informed investment decisions.

  3. Relatively High Minimum Deposit: The minimum deposit requirement of HKD 10,000 might be considered relatively high for some potential clients, especially for those who are just starting or prefer to trade with a smaller initial investment.

  4. Maximum Leverage is considered high: While high leverage can amplify potential profits, it also increases the risk of significant losses. The maximum leverage of 1:200 is considered high and could lead to increased market risk.

  5. Limited Deposit and Withdrawal Options: Lion Financial offers deposits and withdrawals through bank wire transfer, credit/debit cards, and third-party payment platforms. However, the range of options is relatively limited compared to some other financial institutions, which inconvenience clients with specific preferences or restrictions.

Regulatory Status

Lion Financial lacks regulatory oversight as it does not hold any licensed or regulated status from financial regulatory authorities. The absence of regulatory authorization means that the company operates without the scrutiny and compliance requirements imposed by regulatory bodies such as the Hong Kong Securities and Futures Commission (SFC), or similar entities in other jurisdictions.

Regulatory oversight is generally considered crucial in the financial industry to ensure transparency, fair business practices, and the protection of client funds.

Market Instruments

Lion Financial is a prominent financial services company headquartered in Hong Kong. The company facilitates stock trading, granting access to a broad spectrum of stocks, including those from Hong Kong, the United States, and China. Traders can opt for various account types, including standard and margin accounts, providing flexibility in their trading strategies.

Additionally, Lion Group excels in Contract for Difference (CFD) trading, offering speculation on diverse underlying assets such as stocks, commodities, currencies, and indices.

Forex trading is another forte, with a range of currency pairs available and a choice between standard and ECN accounts.

Furthermore, Lion Group embraces the growing interest in cryptocurrency trading, providing a platform for trading digital assets like Bitcoin, Ethereum, and Litecoin.

In the realm of asset management, the company extends its offerings to encompass mutual funds, Exchange-Traded Funds (ETFs), and hedge funds, showcasing its commitment to providing a comprehensive suite of financial products to its clientele.

Account Types

To satisfy this diversity, Lion Financial offers a range of account types, each meticulously designed to empower your trading journey.

Standard Account

The classic choice, suitable for beginners and experienced traders alike. This account offers a simple structure with fixed spreads, ideal for those prioritizing predictability and ease of use. Minimum deposits are friendly, making it an accessible entry point. However, leverage options are modest, satisfying a more conservative approach.

Margin Account (ESN)

Geared towards active traders seeking maximum flexibility. This account boasts tighter spreads based on real-time market conditions, yielding significant cost savings for frequent traders. Leverage limits are higher, allowing for amplified returns, but also amplifying potential losses. Margin accounts require a deeper understanding of risk management and market dynamics.

How to Open an Account?

To open an account with Lion Financial, you will need to follow these steps:

Step 1: Visit the Lion Group website and click on the “Open Account” button.

The first step is to visit the Lion Group website and click on the “Open Account” button. This will take you to the account opening page.

Step 2: Complete the online application form.

The next step is to complete the online application form. The form will ask for your personal information, such as your name, address, date of birth, and contact information. It will also ask for your trading experience and investment goals.

Step 3: Provide the required documentation.

Once you have completed the application form, you will need to provide the required documentation. The documentation required will vary depending on your country of residence. For example, if you are a resident of Hong Kong, you will need to provide a copy of your Hong Kong identity card or passport.

Step 4: Make a minimum deposit.

The minimum deposit required to open an account with Lion Group varies depending on the account type you choose. For example, the minimum deposit for a standard account is HK$10,000.

Step 5: Wait for your account to be approved.

Once you have submitted all of the required documentation and made your deposit, your account will be reviewed by Lion Group. The review process typically takes a few days. Once your account has been approved, you will be able to start trading.

Leverage

At Lion Financial, investors enjoy a variety of leverage options tailored to their chosen account types. For standard accounts, the maximum leverage stands at 1:50 for Hong Kong stocks and an amplified 1:200 for other diverse assets. This differential leverage approach satisfies the specific risk profiles associated with different types of assets. For margin accounts operating under the ESN category, Lion Financial extends a uniform maximum leverage of 1:200 across all assets. Leverage plays a crucial role in magnifying trading positions, allowing investors to control larger positions with a relatively smaller amount of capital.

Spreads & Commissions

Lion Financial provides a flexible fee structure with spreads and commissions that are contingent on the chosen account type and underlying asset. For standard accounts, characterized by fixed spreads, investors benefit from consistency. The spreads for Hong Kong stocks typically hover around 0.01%, while other assets generally exhibit spreads of approximately 0.20%. Importantly, standard accounts incur no commissions, offering a transparent and predictable cost structure for traders.

On the other hand, margin accounts operating under the ESN category feature variable spreads, dynamically adjusting based on real-time market conditions. These spreads can be as low as 0.005%, reflecting the adaptability of Lion Group to fluctuating market dynamics. Similar to standard accounts, margin accounts do not impose any commissions, providing traders with flexibility and potentially lower transaction costs based on prevailing market conditions.

Here is a table summarizing the spreads and commissions for each account type:

Account type Spreads Commissions
Standard Fixed None
Margin (ESN) Variable None

Trading Platform

Lion Financial's trading platform, known as Lion Trader, is a web-based platform accessible to global traders. The platform offers a range of features satisfying diverse trading needs, including real-time quotes for a wide array of assets such as stocks, commodities, currencies, and indices.

Lion Trader provides traders with various chart tools for market data analysis and offers multiple technical analysis indicators to help identify potential trading opportunities. Supporting different order types, including market orders, limit orders, stop-loss orders, and trailing stop-loss orders, the platform satisfies a variety of trading strategies.

Additionally, the platform is suitable for both beginners and experienced traders. Some additional details about the platform include its multilingual support in English, Chinese, and Japanese, as well as compatibility with various devices such as desktops, laptops, tablets, and smartphones. Standard accounts can enjoy free access to the platform, further enhancing its accessibility for a wide range of users.

Deposit & Withdrawal

Lion Financial offers a diverse range of payment methods to accommodate the preferences of its clients. Clients can opt for the convenience of credit cards and debit cards, with Lion Group accepting major card providers such as Visa, Mastercard, American Express, and UnionPay. For those who prefer traditional banking methods, the company facilitates transactions through bank transfers, including wire transfers and international remittances.

Additionally, Lion Group embraces the digital age by accepting payments through electronic wallets, with options like PayPal, Alipay, and WeChat Pay. This variety of payment options provides flexibility and accessibility for clients from different regions and with varying financial preferences, enhancing the overall convenience and inclusivity of their financial services.

Deposit & Withdrawal

Customer Support

Lion Financial is committed to providing robust customer support, available 24 hours a day, five days a week. Clients can reach out for assistance via phone at +13058149959 during the specified operating hours. This direct phone support enables clients to address inquiries, resolve issues, or seek guidance in real-time.

In addition to traditional phone support, Lion Financial offers customer assistance through QQ at 444757807, providing an alternative channel for communication. The inclusion of both phone and QQ support ensures that clients have multiple avenues to connect with the support team, enhancing accessibility and accommodating diverse preferences.

Customer Support

Conclusion

In conclusion, Lion Financial, established in 2014 and based in Hong Kong, provides a comprehensive range of financial services and instruments to global traders. The platform offers accessible trading options, diverse market instruments, and flexible account types, making it suitable for both beginners and experienced traders. Pros include the variety of market instruments, multiple account types, accessible trading platforms, 24/5 customer support, and the availability of a demo account.

However, potential disadvantages include the lack of regulatory oversight, limited educational resources, a relatively high minimum deposit requirement, high maximum leverage that pose increased market risk, and a somewhat limited range of deposit and withdrawal options. Additionally, while Lion Financial's trading platform, Lion Trader, is user-friendly and multilingual, the absence of regulatory status raise concerns for some investors.

FAQs

Q: What financial services does Lion Financial offer?

A: Lion Financial provides a wide range of financial services, including stock trading, CFD trading, forex trading, cryptocurrency trading, and asset management.

Q: How can I contact Lion Financial's customer support?

A: You can reach Lion Financial's customer support 24/5 via phone at +13058149959 or through QQ at 444757807 for assistance with inquiries, issue resolution, or guidance.

Q: What are the advantages of Lion Financial's trading platforms?

A: Lion Financial's trading platforms Lion Trader, offer user-friendly interfaces, advanced features, and real-time market data analysis tools, making them suitable for both beginners and experienced traders.

Q: What are the minimum deposit requirements for Lion Financial accounts?

A: The minimum deposit for a standard account is HKD 10,000, providing accessibility for traders.

Q: Is Lion Financial regulated?

A: No, Lion Financial lacks regulatory oversight, and clients should be aware of the absence of licensed or regulated status from financial regulatory authorities.

Q: Can I practice trading before investing real money with Lion Financial?

A: Yes, Lion Financial offers a demo account, allowing users to practice trading in a risk-free environment, suitable for both beginners and experienced investors.

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk
Write a review
Exposure
Exposure
Neutral
Neutral
Positive
Positive

Content you want to comment

Please enter...

Submit now
Write a comment
Customer Service Download App Scroll to Top 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
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
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:qa@wikifx.com
Cooperation:business@wikifx.com