Regulation in the financial industry serves as a bedrock to ensure that firms abide by established norms, maintain transparency, and protect the interests of investors. Trading with a regulated brokerage firm like Lirunex provides traders with the assurance that the firm operates under specified rules and regulations, promoting fairness and security in all dealings. Scammers have launched fake websites and CRM portals designed to mimic the look and branding of Lirunex. These sites may contact potential investors via WhatsApp, Telegram, email, or social media, presenting themselves as official representatives of the company. Once trust is gained, they solicit deposits and disappear when victims attempt to withdraw funds. In another enticing offer, Lirunex allows you to earn up to a $500 trading bonus.

Lirunex’s CYSEC License

Deposit conditions range from instant transactions, which are predominantly for local transfers, to 3-5 business days for other methods. The good news is that Lirunex does not apply any deposit fees, keeping your trading costs to a minimum. Good trading resources are instrumental in ensuring traders make informed decisions. They provide crucial insights into market trends, equip traders with necessary trading skills, and help them stay updated on any changes in the trading landscape. An example of this would be ZFX which has a great array of trading resources and educational materials.

Among the array of features and benefits it offers, one significant policy that sets Lirunex apart is its commitment to Negative Balance Protection. Moreover, they offer different account types, including a trading account that suits the needs and trading goals of both beginner and experienced traders. This allows traders to choose an account that aligns with their level of trading expertise, financial capabilities, and risk tolerance.

What risks do traders bear when cooperating with this company?

This is an essential piece of information since the CYSEC regulation mandates that all licensed brokers provide negative balance protection to their clients. However, just like their negative balance protection policy, this information is not prominently displayed on their website. The FIX API also offers low-latency execution and swap netting, meaning it calculates trades and swaps based on net exposure. This makes it ideal for experienced traders seeking high-speed, direct access to Lirunex’s trading servers, with latency as low as 1 millisecond.

• However, it’s important to note that the account types page only provides a table comparison overview of each account type without much additional information.
• The listed countries, like Libya, Syria, Sudan, South Sudan, Yemen, Somalia, and Afghanistan, are currently or have recently been in states of significant political instability or conflict.
• Metals such as silver (XAGUSD) and gold (XAUUSD) are also available for trading.
• Lirunex is a broker that provides an array of account types to suit different kinds of traders.

Awareness NoticeImitation of Live Chat Agents

If you prefer a more casual, instant messaging style of communication, Lirunex offers support via WhatsApp. The link to access their WhatsApp support can be found on their website’s “Contact Us” page. Available options for withdrawal consist of local transfers, credit card, and several other methods, with the minimum amount starting at 20 USD. Depending on the chosen method, withdrawal times can range from as quick as 24 hours to 7-10 banking days. Education equips traders with the knowledge needed to navigate the often complex world of trading. It empowers traders to understand and interpret market trends, make informed decisions, and, ultimately, succeed in their trading endeavors.

Company Contacts

But like every other broker in the market, it’s essential to assess the broker’s offerings against your specific trading requirements to make the right choice. Choosing the right account type is a crucial step in every trader’s journey. The offerings of Lirunex, from their LX-Standard to LX-Pro, as well as their Islamic accounts, provide options for traders of various experience levels and trading styles. The LX-Pro Account could be an excellent fit for seasoned traders with a significant capital.

Detailed information on these platforms can be found on Lirunex’s website under the “Trading” section. Lirunex’s commitment to serving its clients is evident in some of its unique features like customer support channels, as well as promotional offers that are designed to incentivise traders. These aspects contribute to making Lirunex a strong contender in the market. Being regulated by reputable authorities instills trust and credibility in the services Lirunex offers. The strict regulatory framework they adhere to ensures a high level of security for client funds and transparency in their operations.

• It provides reassurance to traders, who are often concerned about the safety of their funds.
• For beginners and traders with limited capital, the conditions may not be the most comfortable.
• Some of these options include Local Transfers in South East Asia and China, credit card payments, and a variety of digital currency solutions.

Mixed Reviews From Traders

Potential traders should appreciate this level of transparency, which contributes to the overall trustworthiness of the broker. A country’s political and economic climate plays a pivotal role in determining whether a broker can offer its services. Countries in conflict or with unstable economies often pose a high lirunex scam risk for financial businesses. These risks can range from financial fraud to difficulty in ensuring smooth transactions due to infrastructural inadequacies.

From the details gleaned throughout this review, it can be concluded that Lirunex is a reliable and safe broker. They have a solid regulatory framework, with their operations compliant with international standards and laws, barring certain regions due to specific sanctions and restrictions. Their robust and diversified customer service channels ensure effective communication for client inquiries and support.

The service lacks a personalized approach — there are no named account managers or contacts responsible for client relations. Install ScamAdviser on multiple devices, including those of your family and friends, to ensure everyone’s online safety. Keeping your Bitcoin safe in 2025 isn’t just about stashing it away—it’s about choosing the right wallet to protect it from hackers, scams, and even your own forgetfulness! Whether you’re a beginner looking for something simple or a pro who wants top-tier security, we’ve got you covered. From hot wallets for quick access to cold wallets for ultimate protection, here are the nine legit Bitcoin wallets to keep your crypto safe and sound this year.

It has come to our attention that scammers are impersonating Lirunex Ltd by creating and operating an unauthorized CRM platform and a website, falsely claiming to represent our company. These scammers may approach unsuspecting victims, offering financial services or investment opportunities through this fraudulent CRM and website. Lirunex Ltd formally declares that we have no affiliation with this scammer and strongly advise against using their services. It is important to note that Lirunex Ltd does not endorse or operate any CRM and/or any website outside of our official channels. The scam involves individuals or entities impersonating Lirunex, reaching out to potential victims via email, phone calls, or other forms of communication.

One of the vital aspects that traders consider when choosing a broker is the ease and flexibility of depositing and withdrawing funds. Lirunex, as a globally recognized financial broker, understands this importance and offers a wide range of deposit and withdrawal methods. The specifics of these methods can be found under the ‘trading’ menu on the Lirunex website, within the appropriately titled section. Lirunex assures its retail clients that should their account slip into negative equity due to trading losses, the broker will reset the account balance to zero and absorb the loss. This effectively means that clients cannot lose more money than they have initially invested. This protection is essential as it provides traders with the assurance and peace of mind to know they won’t be liable for any debt to the broker beyond their initial investment.