This Forex market is regarded as the most important market by volume. However, the risk with Forex trading is enormous. But, is there anything in our lives that isn't risk-free?
When it comes to trading, the rewards outweigh the risk. Lirunex is an online forex trading firm that provides its clients with an excellent trading environment. It is based from Cyprus and is controlled by Cysec which eliminates any doubts about its reliability. It was established in the year 2017 and has since earned an enviable reputation on the market for forex trading. It is based using the MT4 platform, and provides a variety of kinds of accounts and amazing leverage. Within a short time, Lirunex managed to make its offshore office able of covering the entire world. If it continued to operate in an offshore area, it could not be trusted enough in the global trading arena.
Pros |
Cons |
Regulated by CySec. |
MT5 Platform not provided. |
Different kinds of accounts are offered. |
|
MT4 Platform. |
Headquarters |
Cyprus |
Regulation |
CySec |
Platforms |
MT4 |
Instruments |
FX pairs, commodities, CFDs |
EUR/USD Spread |
1.5 pips |
Demo Account |
Yes |
Minimum deposit |
$25 |
Base currencies |
USD, GBP, EUR |
Education |
Provided |
Customer Support |
24/7 |
Like every broker, trust is crucial. It is the foundation of the relationship between the broker as well as trader. If trust isn't present then the journey will not last for long.
Lirunex is controlled by CySec which means that it meets European standards, where security is the top priority. The funds are stored securely in a separate account that is not linked to the company's money. Everything is transparent to ensure that the trust of traders.
Pros |
Cons |
CySec regulation. |
None. |
Bank accounts with segregation. |
|
It's a fact that awards and appreciation received by brokers help decide if you should take the plunge or not. While reviews can be convincing, however they may be, awards should take the leading role. So far Lirunex has been nominated
Best Broker 2021- Malaysia.
The first step in establishing trust with the broker is to determine the entity through whom it is controlled. For Lirunex it is regulated by CySec, Cyprus Securities and Exchange Commission. Being a part of CySec gives you peace of peace of mind because you know that you're in good in the hands of CySec.
Lirunex provides its customers with four kinds of accounts: LX Standard account LX Advanced account LX ECN account and LX Pro account. Additionally it also offers the possibility of a demo account.
Demo accounts Demo accounts lets potential traders and beginners the chance to explore the trading world and experience the flow. Making the leap into trading without prior experience isn't the best option. This is why Lirunex gives you the opportunity to learn more about the market by using the demo account.
Standard Account at Lirunex The name implies, this is the most basic form of account that is offered by Lirunex. A minimum of 25 USD is needed to begin. There is no commission fee and an adjustable rate of 2.0 is offered.
LX Advanced Account The account is like the traditional account. What makes it different from other accounts is its deposit minimum of 500 USD and an adjustable range of 1.5 is offered.
The LX account The account is where the excitement begins. The ECN account will require a minimum amount of deposit of 200 USD, and offers an average commission of 6 USD per lot. The greatest part is that there isn't a floating spread.
LX Professional Account The account type is LX Pro. of account the minimum amount to deposit amounts to 5000USD. It also offers the possibility of a 4 USD commission per lot and 0.0 floating spreads.
Islamic Account: Lirunex has been extremely kind toward its Muslim traders and has introduced the Islamic account that is based on what is known as the Shariah Law. The minimum deposit amount that is set at 25 USD.
It's simple to open an account for live trading on Lirunex. All you need to do is click the "Create an account" button and fill in the required details and wait for approval.
Pros |
Cons |
Islamic account available. |
None. |
Demo account provided. |
|
Market instruments of the popular type for its customers. |
Forex
Indicies
Metals
Energy
Cryptocurrencies.
Pros |
Cons |
A wide range of trade instruments. |
None. |
Lirunex is determined to provide the top-of-the-line trading experience to its clients. This is why it has decided to stick with MetaTrader4. Interactive charts, technical indicators as well as analytical functions are just a few of the many features of this platform. The user interface is tailored to meet the requirements for the individual trader. It's available both as an interface for desktops and as an app for smartphones.
Pros |
Cons |
The MT4 platform is available. |
None. |
Features a range of functions, such as Interactive charts, and analytic functions. |
The cost of trading, i.e., spread generally depends on your type of account. The higher your account is upgraded, more favorable trading conditions you can enjoy. The professional and ECN accounts come with no floating spreads. While the standard account comes with two floating spreads. Lastly, the premium accounts offer 1.5 floating spreads.
Pros |
Cons |
Spreads are low. |
None. |
No commission charges. |
Depositing money is simple and quick. Lirunex offers a variety of deposit options, making deposits more convenient than ever since you're not restricted to the options available. You can deposit via:
Debit/Credit cards (MasterCard and Visa) Minimum amount for deposits will be 25USD.
Neteller & Skrill: Minimum deposit amount is 25 dollars.
PayPal (Upon the request) The minimum deposit amount is 25 dollars.
Tether/BitPay/BitWallet: Minimum deposit amount is 200 USD.
The most exciting aspect is the fact that Lirunex does not charge a deposit fees.
Withdrawals are as simple to process as deposits and make use of the same tools. There is no fee for deposits The time that is given for processing and for the money to appear into the bank account lasts 24 hours.
Lirunex provides a variety of educational resources that help the traders and the community, and to help them develop their expertise. The resources for education include writing guides, articles on trading and the most up-to-date market news.
At Lirunex customer care is considered essential and the team is dedicated to offer support and comfort to its customers. There is a live chat service that is available 24/7 seven days a week, so that traders can discuss their concerns and have them addressed immediately.
In most cases it takes less than a couple of minutes. Other ways to communicate with your team members including telephone and email, are also accessible.
Pros |
Cons |
24/7 customer support |
None. |
The response is fast. |
|
Trading may seem like something you can do but it's not. Sorry to blow your bubble However, trading is extremely complex and requires lots of experience and knowledge. Additionally, the level of risk that comes with the trading world is not for the faint-hearted. It is possible to triple your funds, and the risk of failing is just as high.
Lirunex is an enviable and reliable trading company that gives its clients a top-quality trading environment, various types of accounts and a top-quality customer services, and maximum security. It is controlled by CySec and this means the chance that Lirunex being a fraud is gone. If you're currently reading this article perhaps this is your chance to venture into the world, pursue your interests, improve your the skills you have, and then try your chances.
Lirunex is controlled by the Cyprus Securities and Exchange Commission (CySec).
How do I withdraw money?
Log into the Client Portal, and then click on the option to withdraw funds.
What is the minimum amount to deposit?
The minimum amount of deposit required is 25 USD for all trading accounts that live.
What's the platform for trading that is offered through Lirunex?
Lirunex offers its MetaTrader4 platform.
Does Lirunex provide the possibility of an Islamic accounts?
Indeed, Lirunex offers an Islamic account to its Muslim customers.
Properties | Values |
---|---|
Name
|
LIRUNEX |
Minimum Diposit
|
$ 500 |
Leverage
|
1:30 |
Regulation
|
CySEC (Cyprus),, |
Headquarters
|
Cyprus |
Established
|
2017 |
Address
|
Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands, MH 96960 |
Platform
|
MT4,, |
Payment Method
|
Paypal,Visa,Mastercard,Credit Card,Skrill,Neteller,Bitcoin,Tether USDT,, |
Properties | Values |
---|---|
Spreads
|
1.5 pips |
Min Position size
|
0.01 |
Broker Type
|
STP (Straight Through Processing),NDD (Non Dealing Desk),,,,, |
Account Type
|
Scalping,Standard,, |
Brokers by Country
|
Cyprus Forex Brokers,, |
Techniques
|
Scalping Forex Brokers,Hedging Forex Brokers,Automated Trading Brokers,Mobile Trading Brokers,, |
Instruments
|
Forex Trading Brokers,CFD Trading Brokers,Crypto Trading Brokers,Stock Trading Broke,Metal Trading Brokers,Indexes Trading Brokers,, |
Account currency
|
USD,EUR,GBP,AUD,CAD,XAU,JPY,XAU,BTC,,USD, |
Tools
|
Charting Software,Pip Calculator,Profit Calculator,, |
Website Languages
|
en,, |
Support languages
|
en,, |
Bonus
|
Yes |
Reviews Rating
|
3.5 |
Withdrawal Fee
|
Yes |
Trading Signals
|
Yes |
Free Education
|
Yes |
Daily News
|
Yes |
Demo account
|
Yes |
Swapsr
|
Yes |
Pors
|
1. Regulated by CySec. 2. Different kinds of accounts are offered. 3. MT4 Platform. |
Cors
|
1. MT5 Platform not provided. |
Display Analysis
|
Yes |
Serving country
|
, |
Not Serving country
|
,,,,,,, |
Contests
|
Yes |
Market analysis
|
Yes |
Copy Trading Brokers
|
No |
Bitcoin Forex Brokers
|
Yes |
Social trading
|
Yes |
Web trading
|
Yes |
Forex pairs
|
Yes |
CFDs
|
Yes |
Crypto
|
Yes |
Hedging
|
Yes |
PAMM
|
PAMM,MAMM,Myfxbook Auto trade,Mql5 signals,, |
Mobile Trading
|
Yes |
Scalping
|
Yes |
Automated Trading
|
Yes |
Partnership Programs
|
Yes |
Free Phone
|
support@lirunex.com |
Customer Support
|
24/7 |
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