Hirose Financial
| Company type | Subsidiary (Private company) |
|---|---|
| Industry | Financial services |
| Founded | 29 October 2010 |
| Headquarters | , |
| Services | Foreign exchange trading, online forex trading |
| Parent | Hirose Tusyo Inc. Japan |
| Website | hiroseuk |
Hirose Financial UK is a UK-based retail foreign exchange broker that provides foreign exchange (forex or fx) trading on margin through its own online trading platform called LION Trader and through MetaTrader 4. It is a subsidiary of Japanese foreign exchange company Hirose Financial that provides online trading services.
History[edit]
Hirose Company (called Hirose Tusyo) was incorporated in Japan in 2004 to offer foreign exchange trading and investment services after the regulatory changes in Japan in 1998 allowing retail forex trading.[1]
Hirose focused on its Japanese-based currency products to grow its business in an environment with a large number of competitors.[1] As of 2011[update], Hirose's global number of client accounts exceed 120,000 and trading volume reached $76 billion.[1]
In 2010, Hirose expanded outside its home country by setting up Hirose Financial UK, and becoming the first Japanese forex broker licensed in London, UK.[2][3]
Business model[edit]
Hirose Financial UK runs a No Dealing Desk (NDD) or straight-through processing (STP) model. This means that client orders are routed directly to liquidity providers (banks or other financial institutions) and Hirose does not act as a market maker.
Technology[edit]
Hirose's trading platform, LION, is based on the Act Forex (ActTrader) system, which can facilitate trades using PC application, web based, Android phones, iPhones, and iPads).[4] It also provides traders with custom indicators, trading algos/EAs and programmable strategies as an alternative to MetaTrader.[4]
Hirose uses "Oracle Coherence," an in-memory data grid product to improve execution performance.[5] The application server also uses an "Oracle WebLogic Server".[5]
See also[edit]
- Hirose Tusyo (ヒロセ通商) (Japanese)
References[edit]
- ^ a b c Siddiqui, Adil (March 5, 2012). "Trading Platform, Charting Package, Research Tools – oh and don't forget the meat! Hirose FX UK". Forex Magnates.
- ^ "おすすめのFX取引ランキング2021年 オリコン顧客満足度調査｜調査企業44社の比較・クチコミ・評判" [Recommended Forex Trading Ranking 2021 Oricon Customer Satisfaction Survey - Comparison, Reviews, and Reputation of 44 Survey Companies]. Oricon Customer Satisfaction Ranking (in Japanese). Retrieved July 7, 2021.
- ^ "FSA Register, Hirose Financial UK Limited".
- ^ a b "ActTrader vs MetaTrader - ActTrader Forexbrokers".
- ^ a b "Hirose FX".