Hirose Financial UK - chat

Nov 29, 2011
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#1
This thread has been started for anyone who might have questions or comments about Hirose Financial UK and the Forex markets. We have significant experience in Japan so if anyone has any interest in this area we hope that this thread could be useful to you.

The Hirose Team
 
Nov 29, 2011
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#9
It looks great.
does it?

demo..........

first trade...........requote!

thanks but no thanks[/QUOTE]

Als - good spot and thanks for bringing it to our attention. We saw the trade requote. We were testing an area of the demo platform when the trade went through which may have led to the requote. Just to clarify, this should not have happened. In the Live environment there should be vertually no requotes at all (even over figures).
 
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Nov 29, 2011
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#11
Hmmm

Website Inception in Jan this year.

Office location is a virtual office in London - costing £80pm Serviced Office Austin Friars EC2 - Office Space - Business Centre - City of London
Hoggums,

I wish it was only £80 per month! What we are trying to do is keep costs down so we can pass on tight spreads to clients.

It may be prudent to clarify a couple of points also:
1. Hirose Financial UK is regulated by the FSA - as you probably know (and we can tell anyone who cares to listen) its a fairly major process to get regulated in the UK nowadays.
2. Hirose Financial is a wholly owned subsiduary of Hirose Tusyo Inc. of Japan which is one of the top 10 fx brokers in Japan and transacts over $40 billion a month. It has invested in and is building a businness for the long term.
 
Nov 29, 2011
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#12
The leverage for trading margined FX in Japan has been reduced to 25% earlier in the year. This has had a detrimental effect on the FX industry in Japan. What is the likelyhood of it happening elsewhere and how would it affect your trading? Would you go offshore or stick with a FSA registered broker?
 
Nov 29, 2011
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#14
Hi Pear

well, for a start we don't take positions against clients but push trades out to the market; we also use innovative technology which allows us to offer really tight spreads. You can also trade Micro lots which is really useful for those new to trading FX and for testing out the platform in a Live enironment where a mistake will not cost you an arm.....or a leg.
 
Nov 29, 2011
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#15
We have had quite a few people asking about creating auto strategies. In brief the answer is yes, the platform provides for building, testing and trading strategies in real time. There is even a new Visual Strategy manager that allows you to create an algo without any programming skills.