Lirunex Review

Why choose Lirunex

Offers a range of account types with competitive spreads and strong regulatory oversight.

Pros

  • Multiple account options.
  • Strong regulatory framework.

Cons

  • Inactivity fee after 90 days of dormancy; limited product range beyond forex and CFDs.
Lirunex

Lirunex

Fee Level:

Medium

Inactivity Fee:

Medium

Index CFD Fee:

Medium

Investor Protection:

Up to €20,000 under the Investor Compensation Fund (ICF).

Mobile Platform:

Visit Lirunex

Provides a cost-effective trading environment with minimal fees.

Pros

  • No withdrawal fees; competitive forex spreads starting from 0.2 pips with commissions.

Cons

  • Inactivity fee applies after 90 days of inactivity; limited product range beyond forex and CFDs.

Regulated by CySEC and FSA; segregates client funds and offers negative balance protection.

Pros

  • Strong regulatory framework and security measures, including SSL encryption and segregated client funds.

Cons

  • Limited product range beyond forex and CFDs.

Lirunex offers bank transfers, cards, and e-wallets. Deposits are instant; withdrawals take 1–3 days.

Pros

  • Fast deposits, secure transactions, multiple funding options.

Cons

  • Fast deposits, secure transactions, multiple funding options.

Lirunex offers a web-based account opening process with document verification completed within 2–4 days.

Pros

  • Simple registration with responsive support.

Cons

  • Simple registration with responsive support.

Lirunex offers a proprietary trading app that allows users to manage both live and demo accounts, monitor trades, and access various trading tools. The app supports multiple languages, including English, Chinese, Malay, Vietnamese, and Thai.

Pros

  • User-friendly interface, reliable performance, essential trading features, Multi-language support, account management, real-time monitoring.

Cons

  • Limited advanced features compared to desktop platforms.

Lirunex utilizes the MetaTrader 4 (MT4) platform, renowned for its advanced charting capabilities, user-friendly interface, and support for automated trading through Expert Advisors (EAs).

Pros

  • Advanced charting, user-friendly, supports automated trading

Cons

  • No two-step (safer) login, lacks some modern features of newer platforms.

Lirunex provides a diverse range of tradable assets, including Forex, metals, energies, indices, cryptocurrencies, and stocks. This variety allows traders to diversify their portfolios across multiple markets.

What types of accounts does Lirunex offer?

Yes, Lirunex operates under multiple regulatory authorities: Republic of Maldives – Ministry of Economic Development (MED): Lirunex Limited is re-registered in the Republic of Maldives under the Companies Act to operate a forex platform, holding Certificate No. FC00022020.

What types of accounts does Lirunex offer?

Lirunex offers several account types to cater to different trading preferences: LX-Standard: Minimum deposit of $25, spreads starting from 1.5 pips, and no commission. LX-Prime: Minimum deposit of $200, spreads starting from 0.0 pips, and a commission of $8 per lot. LX-Pro: Minimum deposit of $10,000, spreads starting from 0.0 pips, and a commission of $4 per lot. Each account type offers different leverage options, with a maximum leverage of up to 1:2000.

Are there any regional restrictions?

Yes, Lirunex does not provide services to residents of certain countries, including Afghanistan, Belarus, Congo, Cuba, Iran, Libya, Maldives, Mali, Myanmar, North Korea, Somalia, Sudan, Syria, Venezuela, and Yemen. This is due to regulatory restrictions in these regions.