History and Founding
Lirunex is an emerging online brokerage firm, established with the goal of providing cutting-edge trading solutions for global clients. Founded by a team of experienced professionals, Lirunex aims to revolutionize the trading experience by offering a range of products, services, and tools designed to suit the needs of both beginner and advanced traders. With a focus on transparency and security, Lirunex has quickly made a name for itself in the highly competitive world of forex and CFD trading.
Mission and Vision
The mission of Lirunex is to offer traders an accessible, secure, and efficient environment to trade a wide variety of financial instruments. The company aims to provide innovative platforms, reliable customer support, and educational resources that empower traders to make informed decisions. Lirunex envisions itself as a leader in the brokerage industry, providing exceptional value to its clients through technology and client-focused services.
Global Presence
While Lirunex operates internationally, the broker primarily serves clients in Europe, Asia, and the Middle East. The company’s multilingual support and regulatory compliance across several jurisdictions ensure that it provides a global trading experience, catering to diverse trading preferences and needs. Lirunex is constantly expanding its presence to become a prominent global brokerage.
Advantages and Disadvantages
Pros
- PAMM and MAM accounts are available for passive investment;
- Wide choice of financial instruments;
- Tight spreads from 0 pips on the Pro account;
- Any trading strategies are allowed;
- There is an affiliate program for earning money by attracting new clients;
Cons
- The broker doesn’t offer any bonus programs for new or existing clients
Security and Regulations
Licenses Held
Lirunex operates under the regulations of several financial authorities. The broker is committed to adhering to strict compliance standards to ensure that it meets the highest industry standards for security, transparency, and reliability.
Fund Segregation and Insurance
Lirunex uses advanced fund segregation practices to ensure that client funds are held separately from the company’s operational funds. This protects traders’ capital in the unlikely event of company insolvency. Additionally, the broker offers insurance coverage for certain types of accounts to further enhance security and client confidence.
Tradable Instruments
Forex Pairs
Lirunex offers an extensive selection of forex pairs, including major, minor, and exotic currencies. This wide range allows traders to capitalize on market movements across global economies.
Commodities
With access to commodities such as gold, silver, and oil, Lirunex allows traders to diversify their portfolios by trading on popular and volatile assets.
Indices
Lirunex provides access to key global stock indices, such as the S&P 500, NASDAQ, and FTSE 100, enabling traders to speculate on the performance of major global stock markets.
Cryptocurrencies
At the moment, Lirunex does not offer cryptocurrency trading. Traders interested in digital assets may want to explore other brokers that specialize in cryptocurrencies.
Account Types
Standard
| Minimum deposit | 0 |
|---|---|
| Commission | 1.5 |
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:2000 |
| Margin call level | 50 |
| Stop-out level | 25 |
Prime
| Minimum deposit | 0 |
|---|---|
| Commission | 0.0 |
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:2000 |
| Margin call level | 50 |
| Stop-out level | 25 |
Pro
| Minimum deposit | 0 |
|---|---|
| Commission | 0.0 |
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:2000 |
| Margin call level | 50 |
| Stop-out level | 25 |
Cent
| Minimum deposit | 0 |
|---|---|
| Commission | 1.5 |
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:2000 |
| Margin call level | 50 |
| Stop-out level | 25 |
Fees and Charges
Spreads and Commissions
Spreads for the Standard Account start from 1.0 pips, while the ECN Account offers raw spreads starting from 0.0 pips with a commission charge. The broker is transparent about all pricing, ensuring that traders understand the costs involved.
Swap Rates
Swap rates apply for positions held overnight. Lirunex offers competitive swap rates for various currency pairs, commodities, and indices. Islamic accounts are exempt from swap charges.
Inactivity Fees
Inactivity fees are charged on accounts that remain dormant for a certain period. Traders are encouraged to remain active in their accounts to avoid these charges.
Trading Platforms
| Available tools | Forex, Stocks, Indices, Metals, Energy, CFDs |
|---|---|
| CFD | Forex: 34 Stocks: 75 Indices: 13 Metals: 2 Energy: 3 |
MetaTrader 4
Lirunex provides the widely-used MetaTrader 4 (MT4) platform, known for its advanced charting capabilities, automated trading features, and user-friendly interface. MT4 is ideal for both beginners and experienced traders.
WebTrader
Traders can access the WebTrader platform directly from their browser, providing a seamless experience for those who prefer not to download software. WebTrader offers similar features to MT4 but with the convenience of being browser-based.
Mobile Trading Apps
Currently, Lirunex does not offer a dedicated mobile app. However, traders can access their accounts via the mobile version of the MT4 platform for trading on the go.
Customer Support
Steps to Register
To register with Lirunex, visit the official website, fill out the registration form, and submit the required identification documents. The process is quick and user-friendly, designed to get you started in the markets as soon as possible.
Verification Requirements
All new accounts must undergo a verification process to comply with KYC (Know Your Customer) regulations. This typically involves submitting a copy of a government-issued ID and a proof of address.
Deposits and Withdrawals
Payment Methods
Lirunex supports several deposit and withdrawal options, including bank transfers, credit/debit cards, and e-wallets like Skrill and Neteller. These methods ensure that traders have access to convenient and secure transactions.
Processing Times
Deposits are generally processed instantly, while withdrawals may take between 1 and 5 business days, depending on the payment method selected.
Associated Fees
There are no fees for deposits, but withdrawal fees may apply depending on the method chosen. Traders are advised to check the fee structure for more details.
FAQ
Is the broker regulated?
Yes, Lirunex is a regulated broker, ensuring compliance with financial authorities to provide a secure trading environment.
What trading platforms are available?
Lirunex offers MetaTrader 4 and WebTrader platforms, both available for desktop and web-based trading. Mobile versions of MT4 are also available for trading on the go.
What is the minimum deposit required to open an account?
The minimum deposit for a Standard Account is $100, while the ECN Account requires a minimum deposit of $500.
What types of accounts does the broker offer?
Lirunex offers Standard, ECN, Islamic, and demo accounts to suit different types of traders.
What fees and commissions are charged?
Spreads for the Standard Account start from 1.0 pips, while the ECN Account provides raw spreads with a commission charge. Swap rates apply for overnight positions.
What is the maximum leverage available?
Lirunex offers leverage up to 1:500, depending on the asset class and account type.
Are demo accounts available?
Yes, Lirunex offers demo accounts with virtual funds for traders to practice without risking real capital.
How can I contact customer support?
You can contact Lirunex customer support via email, phone, or live chat. The support team is available 24/5 to assist with any inquiries or issues.