Search

Hibiki Broker Review

1.76

WikiFX monitor

Business

Field Survey Good

License

FSA Suspicious Clone

  

Hibiki 2025 Review: Everything You Need to Know

  Hibiki, a forex broker operating primarily in Japan, has garnered mixed reviews from various sources. While some users appreciate its low commission fees and advanced trading platforms, others express concerns regarding its regulatory status and limited customer support. Notably, the broker operates under different names in various regions, which can lead to confusion among potential clients.

  Note: It's essential to consider that Hibiki operates under different entities in different regions, which may impact the user experience and regulatory compliance. This review aims to present a balanced perspective on the broker's offerings and potential drawbacks.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 6
Tools and Resources 7
Customer Service and Support 5
Trading Experience 6
Trustworthiness 5
User Experience 6
Regulatory Compliance 5

  How We Rate Brokers: Our ratings are based on a combination of user feedback, expert opinions, and factual data regarding the broker's services and regulatory standing.

  

Broker Overview

  Founded in 2007, Hibiki operates as a financial brokerage firm primarily serving the Japanese market. The broker is regulated by the Financial Services Agency (FSA) of Japan, holding a retail forex license. Hibiki offers an array of trading assets, including stocks, ETFs, options, and futures, through its proprietary web and mobile trading platforms. However, it does not support popular platforms like MT4 or MT5, which may deter some traders.

  

Detailed Breakdown

  •   Regulated Regions: Hibiki is primarily regulated in Japan by the Financial Services Agency (FSA). However, there are concerns about its status as a "suspicious clone," which may impact user trust and confidence.

  •   Deposit/Withdrawal Options: Clients can deposit and withdraw funds through bank transfers or credit cards. The minimum deposit requirement for a cash account is $0, while a margin account requires a minimum deposit of $2,000.

  •   Bonuses/Promotions: Currently, there are no significant bonuses or promotional offers highlighted in the reviews, which may be a drawback for potential clients looking for incentives.

  •   Tradable Asset Classes: Hibiki offers a diverse range of tradable assets, including stocks, ETFs, options, futures, and fixed income securities. However, it lacks fractional share trading, which may limit investment options for smaller traders.

  •   Costs: The broker offers variable spreads starting from 0 pips, with no commissions on stock and ETF trades for cash accounts. However, margin accounts incur a small fee of 0.03% per side. Additional costs include overnight margin interest and inactivity fees.

  •   Leverage: The maximum leverage offered is 1:25, which is relatively lower compared to some competitors, potentially limiting trading strategies for more experienced traders.

  •   Allowed Trading Platforms: Hibiki offers a proprietary trading platform, but it does not support widely used platforms like MT4 or MT5, which may be a disadvantage for traders accustomed to those systems.

  •   Restricted Regions: While Hibiki primarily serves the Japanese market, there are no specific details regarding restricted regions, which may vary based on the entity under which clients are trading.

  •   Customer Service Languages: Customer support is available in English and Japanese, with various contact options, including phone and email. However, reviews indicate that response times can be slow, impacting overall customer satisfaction.

      

  

Repeated Ratings Overview

Category Rating (out of 10)
Account Conditions 6
Tools and Resources 7
Customer Service and Support 5
Trading Experience 6
Trustworthiness 5
User Experience 6

  

Detailed Breakdown of Ratings

  •   Account Conditions (6/10): While Hibiki offers a low minimum deposit for cash accounts, the high minimum for margin accounts may deter some traders. The lack of fractional shares also limits accessibility for smaller investors.

  •   Tools and Resources (7/10): Hibiki provides a proprietary trading platform with advanced charting tools and analytics. However, the absence of popular platforms like MT4 or MT5 may be a drawback for some traders.

  •   Customer Service and Support (5/10): Reviews indicate that customer service can be slow to respond, which may lead to frustration among users needing immediate assistance.

  •   Trading Experience (6/10): The trading experience is generally positive, with low commission fees and a variety of tradable assets. However, the limited leverage and lack of educational resources may hinder some traders' growth.

  •   Trustworthiness (5/10): Concerns regarding its regulatory status as a "suspicious clone" may impact user trust. It's essential for potential clients to conduct thorough research before engaging with the broker.

  •   User Experience (6/10): Overall user experience is decent, but the lack of educational resources and slow customer service may affect satisfaction levels.

  •   In conclusion, the Hibiki review highlights both strengths and weaknesses of the broker. While it offers competitive trading conditions and a diverse range of assets, potential clients should weigh the concerns regarding regulatory compliance and customer support. As always, it's advisable to conduct thorough research and consider personal trading needs before choosing a broker.