Hirose Tsusho is the Osaka-based company established in 2004 behind Japan’s LION FX and LION CFD services. The company separately publishes commodity-derivatives permissions METI 20240411商第31号 and MAFF 指令6新食第156号. Those are company-attributed commodity permissions; the financial-services registration shown in this profile must not be extended to commodity CFDs.[1]
Account comparison01
Account and service routes at a glance
| Account / service | Contract and customer scope | Platform and principal condition |
|---|---|---|
| LION FX | ヒロセ通商株式会社 — Japan; retail clients | Proprietary desktop, web and mobile. Japanese company; below-required-margin closeout. Overseas eligibility assessed separately.Source 11Source 6Source 1 |
| LION FX signal orders | ヒロセ通商株式会社 — Japan; retail clients | LION ChartPlus+ desktop browser. Technical-signal feature with OCO exits; stopping the browser can stop future orders.Source 21Source 1 |
Which account and legal route are covered?
Sections ↑Account comparison02
Product accounts within the Japanese company
| Account | Contracts | Main distinction |
|---|---|---|
| LION FX | 57 normal FX pairs, plus six large-order variants | JPY margin and proprietary trading tools.Source 2 |
| LION CFD: securities | Nine index CFDs and 14 ETF CFDs | Separate account from commodity CFDs; headline leverage about 10:1.Source 29 |
| LION CFD: commodities | Gold, silver, WTI, Brent, natural gas, plus gold/silver mini symbols | Separate commodity account; headline leverage up to 20:1.Source 29 |
Account comparison03
Individual opening and overseas boundaries
| Question | Published answer |
|---|---|
| Age | 18–74 inclusive for an individual FX application.Source 13 |
| Must LION FX applicants live in Japan? | No. The Japanese company provides an overseas-resident application route; acceptance remains subject to its assessment.Source 14 |
| Country restrictions | The FX application excludes US and Canadian residents and requires compliance with the applicant’s local restrictions.Source 16 |
| Overseas documentation | Identity/address and tax-residency documentation differ from the domestic route; use the overseas checklist.Source 15 |
| LION CFD residence | The CFD opening route does not accept overseas residents.Source 17 |
Older descriptions of overseas Hirose accounts need particular care. The group’s March 2026 disclosure says UK/Malaysia LION Trader service ended in May 2025, and the specified UK/Malaysia/Solutions MT4 services ended in September 2025. This profile therefore describes the Japanese company’s current products; that disclosure does not establish that the overseas legal entities themselves closed.[28]
LION FX: size, leverage and exposure limits
Sections ↑At a glance04
Currency amount represented by one FX lot
At a glance05
Selected per-symbol lot limits
At a glance06
Retail margin formulas include exceptions
| Rule | Per-lot required amount |
|---|---|
| Usual formula | 4% of reference notional, rounded up to JPY 100.Source 3 |
| HKD/JPY, HUF/JPY, EUR/PLN, USD/HKD, USD/HUF, USD/MXN, USD/PLN | Greater of the usual amount or JPY 6,000.Source 3 |
| PLN/JPY | Greater of the usual amount or JPY 3,000.Source 3 |
| EUR/ZAR and USD/ZAR | 8%, rounded down to JPY 100.Source 3 |
| TRY/JPY | 4%, rounded up to JPY 10.Source 3 |
At a glance07
Account-wide limits and margin boundaries
| Rule | Consequence |
|---|---|
| Position count | Maximum 1,300 positions; no published daily limit on the number of trades.Source 2 |
| Normal versus large symbols | They are different instruments. An opposite large-symbol order does not close a normal-symbol position, and each requires its own margin.Source 5 |
| Hedging within one symbol | Enable hedging explicitly; the MAX method calculates margin using the larger long or short quantity.Source 10 |
| Corporate margin | Uses the published pair-specific FX risk ratio rather than assuming the retail 25:1 headline applies.Source 4 |
LION FX: liquidation, fills and order controls
Sections ↑Protections & eligibility08
Loss-cut is immediate liquidation, without a top-up grace period
| Condition | Published treatment |
|---|---|
| Effective equity below required margin | Below 100% effective ratio triggers liquidation.Source 2 |
| Sequence and charge | All positions close by market orders, oldest first; no separate loss-cut fee.Source 6 |
| Advance warning | The 200% warning level cannot be changed. A rapid move can trigger liquidation before an alert arrives.Source 6 |
| Customising the liquidation threshold | Clients cannot choose a different broker loss-cut percentage.Source 6 |
| Negative balance | A deficit must be paid within three business days after it arises.Source 2 |
At a glance09
Execution features and their limits
| Feature | Documented rule |
|---|---|
| Scalping | Explicitly permitted in the broker’s FAQ.Source 11 |
| Large or illiquid execution | A fill may be worse than the displayed quote when the best quoting counterparty cannot accept the order’s size.Source 5 |
| Standard instructions | Market, streaming, limit, stop, OCO, IF-DONE, IF-OCO and trailing orders appear in the order catalogue.Source 8 |
| Scheduled orders | Time-specified market/exit instructions have pair-specific prohibited time windows.Source 9 |
| Position lock | Retains selected positions during applicable bulk or market exits; it is not a guarantee against liquidation or a separately attached stop.Source 22Source 5 |
LION FX: spreads, swaps and operating hours
Sections ↑LION FX publishes JPY 0 trading commission and JPY 0 account-maintenance fees. Bid/ask spreads and applicable rollover swaps remain part of the trading cost.[2]
Pricing & charges10
Selected advertised spreads, checked 10 October 2026
Trading & service hours11
Swaps and dealing schedule
| Item | Published treatment |
|---|---|
| Ordinary swap rollover | Daily; normally three days on Wednesday, but USD/CAD and USD/TRY use Thursday. Holidays can alter allocation.Source 2 |
| Access without closing | The swap-realisation facility can settle accrued swaps while the underlying FX position remains open.Source 23 |
| US standard-time period | Monday 07:00–Saturday 06:30 JST.Source 2 |
| US daylight-saving period | Monday 06:30–Saturday 05:30 JST.Source 2 |
| Daily interruption | Disconnect around 06:59 JST standard time / 05:59 summer; normally 15 minutes, potentially 30.Source 2 |
Platforms and technical-signal automation
Sections ↑Platforms & products12
Documented platform routes
| Access | Tools and scope |
|---|---|
| Desktop | LION FX C2, .NET4 and a dedicated Mac application.Source 12 |
| Browser and mobile | LION Web and smartphone/tablet tools, including LION FX 5; availability and requirements vary by tool.Source 12Source 5 |
| LION ChartPlus+ | Technical-signal automatic orders are supported; this is a specific proprietary function.Source 18 |
| Smartphone automation | The FAQ says the automated-trading feature is unavailable on smartphones.Source 19 |
At a glance13
Before using ChartPlus+ automatic orders
| Control | Operational consequence |
|---|---|
| Supported chart selection | Twelve specified FX pairs; 1-, 5-, 10- or 15-minute candles.Source 20 |
| Signal and exit settings | Configure technical conditions and profit/stop distances; the guide provides backtesting before activation.Source 20 |
| One active position | The signal function holds at most one position at a time, with an attached exit OCO and position lock.Source 21 |
| Runs on the customer’s device | Closing/reloading the browser, logging out, sleep or a disrupted connection can stop automation. It is not a server-hosted strategy.Source 21 |
| Rollover and restart | Reconnection across the business-day boundary stops the function; monitoring and restarting remain the customer’s task.Source 21 |
| Backtest boundary | Historical simulation does not reproduce future liquidity, slippage or guaranteed returns.Source 21 |
LION CFD: contract multipliers and exposure
Sections ↑At a glance14
Index and ETF multiplier examples
At a glance15
Commodity multipliers and lot limits
Protections & eligibility16
CFD margin and account-level controls
| Rule | Published treatment |
|---|---|
| Securities CFD daily margin | Reference price × 1.1 buffer × multiplier × JPY conversion × 10%, rounded up to JPY 100. The reference uses the close two business days earlier.Source 31 |
| Commodity CFD daily margin | Corresponding formula uses a 1.2 buffer and 5%; gold/silver mini required margin is one tenth of its standard counterpart.Source 32 |
| Position count | 300 positions in each CFD account, independent of instrument or order size.Source 31Source 32 |
| Gold/silver normal versus mini | Opposite orders do not offset across the distinct symbols; each consumes margin.Source 33 |
| Liquidation | Effective equity below required margin triggers all-position liquidation in the relevant account; no additional-margin grace period.Source 29 |
At a glance17
Selected index order and holding caps
LION CFD: costs and market access
Sections ↑Pricing & charges18
Costs vary with the underlying CFD
| Cost | How it applies |
|---|---|
| Dealing commission and spread | Commission JPY 0; spreads are variable.Source 29 |
| Indices, ETFs and spot metals | Overnight financing applies. A short can also pay; ETF short positions can incur an additional borrowing adjustment.Source 34 |
| WTI, Brent and natural gas | Price adjustments reflect the futures-roll mechanism; these products do not use the spot-metal interest adjustment.Source 34 |
| Index/ETF distributions | Cash rights adjustments apply under the contract. Direction can differ for indices already incorporating dividends.Source 34 |
| ETF corporate actions | The broker can halt new orders, cancel instructions and set a closing deadline; unclosed exposure can be forcibly settled.Source 29 |
Trading & service hours19
Normal CFD session windows, JST
| Product | US standard-time period | US daylight-saving period |
|---|---|---|
| Indices, spot metals, WTI and natural gas | Weekdays 08:00–next 07:00 | Weekdays 07:00–next 06:00Source 29 |
| Brent | Weekdays 10:00–next 07:00 | Weekdays 09:00–next 06:00Source 29 |
| US ETF CFDs | 23:33–next 05:57 | 22:33–next 04:57Source 30 |
Funding, withdrawal timing and balance transfers
Sections ↑At a glance20
Domestic yen funding
| Method | Minimum and fee | Credit conditions |
|---|---|---|
| First FX funding | JPY 10,000 minimum | Subsequent ordinary bank transfers have no stated minimum.Source 2 |
| Online quick deposit | JPY 10,000 minimum | Normally immediate; partner-bank and maintenance limits apply.Source 24 |
| Pay-easy ATM quick deposit | JPY 10,000 minimum; cash maximum JPY 100,000 | Use a supported ATM workflow.Source 24 |
| Ordinary bank transfer | Remitting-bank charge paid by customer | Include name and LION account number; credit follows confirmation.Source 24 |
At a glance21
Bank-fee and payment exceptions
| Issue | Published handling |
|---|---|
| Quick-deposit fees | PayPay Bank JPY 55; SMBC and Mizuho depend on the bank contract. Other listed quick-deposit banks are free.Source 25 |
| Wrong-name payment | Third-party funds are not accepted; return charges and incurred processing costs can be deducted.Source 25 |
| Delayed quick credit | Submit the confirmation request; outside bank-verification hours, credit may wait until the next business day.Source 25 |
At a glance22
Domestic withdrawals
| Route | Amount and timing | Change or cancellation |
|---|---|---|
| Realtime | JPY 1,000–1 million; weekday requests 09:30–14:30 JST normally credited immediately, otherwise next bank day after 09:30 | Cannot cancel or change, including queued requests.Source 24 |
| Normal | No maximum; below JPY 1,000 only for settlement of the account | Cancelable while request status is accepting.Source 24 |
| Normal cutoff | Weekday morning requests normally sent that day; later requests next bank-business-day morning | JPY 100 million or more can take longer.Source 25 |
| Request frequency | One combined normal/realtime request per broker business day; Saturday–Monday count as one day | Domestic withdrawal fee JPY 0; overseas remittances are excluded from that fee promise.Source 25 |
At a glance23
Internal funds are moved explicitly
| Transfer | Published procedure |
|---|---|
| FX ↔ CFD, or securities CFD ↔ commodity CFD | Free, normally immediate, with no transfer-amount limit beyond available funds.Source 35 |
| Maintenance or committed collateral | Transfers are unavailable during maintenance; only funds available in the originating account can move.Source 35 |
| CFD bank payment identification | Use the correct securities/commodity destination and LION CFD account number. A login user ID is not the same identifier.Source 35 |
Security, service changes and client assets
Sections ↑At a glance24
Authentication timetable published by Hirose
| As of 10 October 2026 | Scheduled later change |
|---|---|
| Passkeys introduced progressively from August 2026 | Late December 2026: planned mandatory login and withdrawal two-step authentication; passkey login avoids the separate login second step.Source 26 |
| Current passkey registration remains optional under the rollout notice | Mandatory passkeys planned for 2027 onward; no exact date fixed and the schedule can change.Source 26 |
Okasan Active FX accounts migrated to LION FX on 14 September 2026. Existing clients need the migration-specific instructions for credentials, tooling and changed trading conditions; an inherited position or account does not make every old Active FX setting a current LION FX term.[27]
Protections & eligibility25
Asset segregation and assistance
| Service | Published arrangement |
|---|---|
| FX client money | SMBC trust: deposited cash plus unrealised position P&L and swaps; daily calculation and funding two business days later.Source 36 |
| CFD client money | SBI Clearing Trust: cash plus open-position P&L and adjustments; daily calculation with a two-business-day funding interval.Source 37 |
| If the broker fails | External beneficiary representatives administer return of available trust assets. Reconciliation errors, shortfalls or costs can prevent full recovery; segregation does not reimburse market losses.Source 36Source 37 |
| Telephone and email | 0120-63-0727 / +81-6-6534-0708 and the official enquiry form; stated reception excludes Saturday 17:00–Monday 08:30 JST.Source 39Source 12 |
Hirose’s Japanese individual tax guide distinguishes unrealised swaps from realised trading and swap income, and explains separate assessment and conditional loss carry-forward for qualifying FX. Overseas residents should not treat that domestic individual guide as their own tax determination.[38]
Company background & evidence
Sections ↑- Headquarters
- Osaka, Japan
- Founded
- 2004
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
ヒロセ通商株式会社
JapanSource 1
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Financial Services Agency近畿財務局長（金商）第41号 | Authorised | Checked 10 Oct 2026Named firm in the current published register.Source 40 |
Sources & further reading
- Corporate identity and separately stated commodity permissions Hirose Tsusho · Accessed 10 Oct 2026
- LION FX account outline, dealing hours and settlement obligations Hirose Tsusho · Accessed 10 Oct 2026
- Retail LION FX quantities, limits and margin formulas, 17 August 2026 Hirose Tsusho · Accessed 10 Oct 2026
- Corporate LION FX margin calculation Hirose Tsusho · Accessed 10 Oct 2026
- FX order handling, distinct symbols and execution controls Hirose Tsusho · Accessed 10 Oct 2026
- LION FX liquidation sequence and warnings Hirose Tsusho · Accessed 10 Oct 2026
- Published LION FX spreads and September 2026 distribution basis Hirose Tsusho · Accessed 10 Oct 2026
- LION FX order instructions Hirose Tsusho · Accessed 10 Oct 2026
- Restricted times for scheduled orders Hirose Tsusho · Accessed 10 Oct 2026
- Hedging and the MAX margin method Hirose Tsusho · Accessed 10 Oct 2026
- Scalping permission FAQ Hirose Tsusho · Accessed 10 Oct 2026
- Service, platform and customer-support facilities Hirose Tsusho · Accessed 10 Oct 2026
- Individual account opening age Hirose Tsusho · Accessed 10 Oct 2026
- Overseas FX account applications Hirose Tsusho · Accessed 10 Oct 2026
- Documents for overseas residents Hirose Tsusho · Accessed 10 Oct 2026
- Individual FX application eligibility questions Hirose Tsusho · Accessed 10 Oct 2026
- CFD application and residence eligibility Hirose Tsusho · Accessed 10 Oct 2026
- Availability of technical-signal automated trading Hirose Tsusho · Accessed 10 Oct 2026
- Smartphone automatic trading limitation Hirose Tsusho · Accessed 10 Oct 2026
- LION ChartPlus+ signal setup and supported charts Hirose Tsusho · Accessed 10 Oct 2026
- Signal-order operating conditions and endpoint dependency Hirose Tsusho · Accessed 10 Oct 2026
- Retaining selected positions during bulk exits Hirose Tsusho · Accessed 10 Oct 2026
- Realising swaps without closing an FX position Hirose Tsusho · Accessed 10 Oct 2026
- Funding methods and withdrawal request handling Hirose Tsusho · Accessed 10 Oct 2026
- Bank-specific fees, payment identity and withdrawal timing Hirose Tsusho · Accessed 10 Oct 2026
- Passkey rollout and announced later authentication requirements Hirose Tsusho · Accessed 10 Oct 2026
- Okasan Active FX migration and changed client conditions Hirose Tsusho · Accessed 10 Oct 2026
- Group monthly disclosure of legacy overseas service closures, 13 March 2026 Hirose Tsusho · Accessed 10 Oct 2026
- LION CFD categories, hours and dealing conditions Hirose Tsusho · Accessed 10 Oct 2026
- CFD reference assets, index and ETF contract sizes Hirose Tsusho · Accessed 10 Oct 2026
- Securities CFD required-margin schedule Hirose Tsusho · Accessed 10 Oct 2026
- Commodity CFD contract multipliers and margin, 15 June 2026 Hirose Tsusho · Accessed 10 Oct 2026
- CFD mini symbols, position locks and execution conditions Hirose Tsusho · Accessed 10 Oct 2026
- Financing, roll and dividend adjustments Hirose Tsusho · Accessed 10 Oct 2026
- FX/securities CFD/commodity CFD internal transfers Hirose Tsusho · Accessed 10 Oct 2026
- FX money trust at Sumitomo Mitsui Banking Corporation Hirose Tsusho · Accessed 10 Oct 2026
- CFD money trust at SBI Clearing Trust Hirose Tsusho · Accessed 10 Oct 2026
- Japanese individual FX reporting and tax treatment Hirose Tsusho · Accessed 10 Oct 2026
- Contact channels and service hours Hirose Tsusho · Accessed 10 Oct 2026
- Financial-instruments business register, 31 August 2026 Financial Services Agency · Accessed 10 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.