LIRUNEX Forex Broker

LIRUNEX Review SummaryFounded2022-06-20Registered Country/RegionMauritiusRegulationCYSECR and LFSA RegulationsMarket InstrumentsForex, Commodities, Stock CFDs, Cryptocurrency CFDs, Precious Metals, Index CFDsDemo Account✅LeverageUp to 1:2000SpreadAs low as 0.0 floating spreadsTrading PlatformMT4, MT5(MacOS, PC, iOS, Android), Lirunex Trading AppMin Deposit$0Customer Supportsupport@lirunex.comFacebook, Twitter, Instagram, Line, TikTok, YouTube, LinkedIn, Pinterest, WhatsAppOnline ChatLegacy Capital Co., Ltd. Suite 201, 2nd Floor, The Catalyst, 40 Silicon Avenue, Ebene Cybercity, Mauritius.LIRUNEX Information LIRUNEX (commonly referred to as “Profit Exchange” in Chinese) is a global financial broker operated by Lirunex Limited, specializing in foreign exchange (FX) and Contract for Differences (CFDs) trading. Its core mission is to deliver a “secure, transparent, and flexible” trading environment tailored to traders of all levels, supported by three major regulatory licenses—issued by the Financial Services Commission (FSC) of Mauritius (License No. GB24203882), the Cyprus Securities and Exchange Commission (CYSEC) (License No. 338/17), and the Financial Services Authority (LFSA) of Saint Vincent and the Grenadines (License No. MB/20/0050)—that extend its compliance coverage across Europe, America, the Asia-Pacific region, and beyond. Beyond regulatory compliance, LIRUNEX boasts key features, including diverse payment methods (Local Transfer, Global Transfer, VISA/MasterCard, Tether, and BitPay) with no hidden fees, support for all trading strategies (such as hedging and scalping), and segregated accounts for client fund security. It caters to a broad audience: novice traders can start with 0-deposit accounts, high-net-worth professional traders can opt for LX-PRO accounts, and it is particularly well-suited for cross-border users in need of local payment or cryptocurrency deposit/withdrawal services.Pros and ConsPros Cons RegulatedPotential Third-Party FeesExtensive Localized Payment OptionsHigh Leverage Risk: 1:2000 leverage$0 Minimum Deposit (LX-STANDARD/PRIME/CENT)Restricted LX-CENT Account: Only FX and limited metalsDynamic Leverage (Up to 1:2000 for balances ≤ $500)Slow Global Transfer Processing: Takes 3–5 business days75+ Tradable InstrumentsIslamic Account (Swap-Free, Sharia-compliant)Copy Trading SupportIs LIRUNEX Legit? LIRUNEX has a legal and compliant operational foundation, though its suitability varies by regulatory levels and regional adaptability: it holds multi-regional licenses (strict EU regulation from CYSEC under MiFID II, moderate regulation from Mauritius'FSC, and weaker regulation from Saint Vincent's LFSA), with license validity verifiable via regulatory official websites (e.g., CYSEC 338/17) to avoid “expired license” risks; it ensures fund security by keeping client funds “segregated” from its funds in third-party financial institutions (meeting international broker standards to reduce misappropriation risks); and it operates transparently, publicly disclosing core information like account types, fees, leverage rules, and payment methods with no hidden terms, while supporting demo accounts for trial without “mandatory deposit” traps.Regulated AuthorityCurrent StatusLicensed EntityRegulated CountryLicense TypeLicense No.RegulatedLirunex LtdCyprusStraight Through Processing (STP)338/17RegulatedLirunex LimitedMalaysiaStraight Through Processing (STP)MB/20/0050 In summary, LIRUNEX is not a “scam platform,” but it is crucial to note that high-leverage trading itself is high-risk, and regional regulatory provisions on leverage (e.g., EU retail clients have a 1:30 maximum leverage) and investor compensation differ, so users should confirm the platform's regulatory adaptability to their region.What Can I Trade on LIRUNEX? LIRUNEX offers 6 major categories of tradable instruments with clear distinctions in eligible accounts and key trading rules: LIRUNEX Forex (FX): includes 30 major pairs (e.g., EURUSD, GBPUSD), 7 minor pairs (e.g., AUDCAD), and 23 exotic pairs (e.g., USDZAR), available for all accounts with dynamic leverage up to 1:2000; LIRUNEX Precious Metals: covers 11 instruments like gold (XAUUSD) and silver (XAGUSD) (9 for LX-CENT), accessible to all accounts with no instrument restrictions and leverage consistent with forex; LIRUNEX Commodities: 3 instruments including crude oil, WTI, and natural gas, LIRUNEX Index CFDs: 2 indices, like the Hang Seng Index and Dow Jones Index LIRUNEX Cryptocurrency CFDs: 12 options, including Bitcoin BTC and Ethereum ETH LIRUNEX Stock CFDs: 7 stocks like Apple AAPL and Microsoft MSFTTradable Instruments Supported Forex✔Commodities✔Stock CFDs✔Cryptocurrency CFDs✔Precious Metals✔Index CFDs✔ETFs❌Bonds❌Mutual Funds❌ They are only available for LX-STANDARD, LX-PRIME, and LX-PRO accounts (not supported by LX-CENT), with respective leverage rules: 1:200 for Commodities, fixed 1:20 (not subject to dynamic adjustment) for Hang Seng Index under Index CFDs, 1:50 for Cryptocurrency CFDs, and 1:20 for Stock CFDs.Account Type What account types does LIRUNEX offer? LIRUNEX offers 4 types of standard accounts + 2 types of Islamic accounts, with core differences in deposit requirements, fees, and instrument coverage to adapt to different payment and trading needs: Standard Accounts (Non-Islamic)Account TypeMinimum DepositAccount CurrencyCommissionMinimum SpreadLX-STANDARD0 USDUSD0 USD/lot1.5 pipsLX-PRIME0 USDUSD8 USD/lot0 pipsLX-PRO10,000 USDUSD4 USD/lot0 pipsLX-CENT0 USCUSC0 USC/lot1.5 pips Supplementary Rule: When the balance of the LX-CENT account exceeds 3 million USC, it will be automatically converted to a USD-denominated standard account, unlocking full-range instrument trading. Islamic Accounts (Swap-Free) No overnight swap interest, compliant with Sharia law, and supporting diversified payment methods for deposits:Account TypeMinimum DepositCommissionMinimum SpreadIslamic Standard25 USD0 USD/lot1.5 pipsIslamic Prime200 USD8 USD/lot0 pips Application Process: Open an LX-STANDARD account → Deposit via the designated payment method → Submit the Islamic Account Application Form → Approval takes effect after closing all floating orders.LIRUNEX Fees How about LIRUNEX fees? LIRUNEX has a transparent fee structure with no hidden costs, including trading commissions and spreads. Third-party fees may only apply to deposits/withdrawals: What LIRUNEX Trading-Related FeesFee TypeCharging StandardEligible AccountsRemarksCommissionLX-STANDARD / LX-CENT: 0 USD/lot; LX-PRIME: 8 USD/lot; LX-PRO: 4 USD/lotAll accounts (charged two-sided: opening + closing positions)No additional hidden commissionsSpreadLX-STANDARD / LX-CENT: As low as 1.5 pips; LX-PRIME / LX-PRO: As low as 0 pipsAll accounts (floating, may widen during market volatility)Lower spreads for precious metals/forex; higher spreads for stock CFDsOvernight SwapStandard accounts: Charged according to market interest rates; Islamic accounts: 0 swapCharged for standard accounts; waived for Islamic accountsSwap amounts can be checked on MT4/MT5 platforms Does LIRUNEX Charge Deposit/Withdrawal Fees?Fee TypeMethod(s)Fee DetailsPlatform FeesAll MethodsWaived (Local Transfer, Global Transfer, VISA/MasterCard, Tether, Bitpay)Third-Party FeesGlobal Transfer (Wire)Banks may charge $15–50 in cross-border wire transfer feesTether / Bitpay (Crypto)Exchanges may charge 0.5%–2%; Gas fees apply for withdrawals below $200VISA / MasterCardIssuing banks may charge 1%–3% cross-border transaction fees (varies by card type)Local TransferLocal banks in some regions may charge ≤ $5 transfer feesLeverage What is LIRUNEX Leverage? LIRUNEX adopts a dynamic leverage tier system, where leverage decreases as the account balance increases. Special instruments and temporary adjustment rules also apply: LIRUNEX Basic Dynamic Leverage (Non-CENT Accounts / USD-Denominated)Account BalanceMaximum LeverageEligible Instruments (Except Special Ones)≤ 500 USD1:2000Minor forex pairs, precious metals501–5,000 USD1:1000Same as above5,001–20,000 USD1:500Major forex pairs, precious metals, commodities, cryptocurrency CFDs20,001–40,000 USD1:400Same as above40,001–60,000 USD1:300Same as above60,001–80,000 USD1:200Same as above≥ 80,001 USD1:100All instruments LIRUNEX Special Leverage Rules LX-CENT Accounts (USC-Denominated): The leverage tier system is consistent with USD-denominated accounts, except the balance unit is USC (e.g., leverage 1:2000 for balances ≤ 50,000 USC). Fixed Leverage Instruments: The leverage for Hong Kong Hang Seng Index CFDs is fixed at 1:20, not subject to dynamic adjustment. Temporary Reduction: One hour before market close on Fridays/holidays, leverage for all forex/precious metals is compulsorily reduced to 1:100, and restored when the market reopens on Mondays. Regulatory Adjustment: If the users region has leverage caps (e.g., 1:30 in the EU), the platform will automatically adapt to local rules without manual adjustment by the user.Trading Platform Does LIRUNEX provide MT4 and MT5? Yes, it supports 3 types of mainstream platforms, covering PC, mobile, and web terminals, enabling seamless management of multi-payment accounts:Platform TypeSupported Supported DevicesAdapted ScenariosMetaTrader 4/5 (MT4/MT5)✔PC (Windows/Mac), iOS, AndroidProfessional traders requiring complex strategies and payment record queriesLIRUNEX Self-Developed APP✔iOS, Android (APK download)Mobile users need quick payments and order placementWeb Trader (Web Terminal)✔Browsers (no download required)Temporary operations or scenarios with no installation permissions Supplementary Note: All platforms support switching between “demo accounts” and “live accounts”. Demo accounts can be opened for free (for testing payment processes and trading strategies).Deposit and Withdrawal (Updated Payment Methods) What Payment Methods does LIRUNEX support for Deposit and Withdrawal? LIRUNEX focuses on “local + global + cryptocurrency” three-dimensional payments, with clear deposit/withdrawal rules. Key information is as follows: LIRUNEX Deposit Details (5 Main Methods) What is the LIRUNEXminimum deposit? $0 for opening accounts and $10 for payment.Payment MethodMinimum AmountSupported CurrenciesArrival TimeLocal Transfer25 USDMulti-regional currencies such as PKR, THB, IDR, VND, CNYInstantGlobal Transfer (International Wire Transfer)2000 USDUSD3–5 working daysVISA/MasterCard (Credit Card)25 USDUSDWithin 24 hoursTether (USDT)25 USDUSD (converted at real-time exchange rates)Within 24 hoursBitpay25 USDUSD (supports conversion of multiple cryptocurrency types)Within 24 hours LIRUNEX Withdrawal RulesSame-Method Return Principle: Withdrawals must be made via the same method used for deposits (e.g., Local Transfer deposit → Local Transfer withdrawal; Tether deposit → Tether withdrawal).Processing Time: Withdrawal applications are reviewed within 24 hours on working days. Arrival time: Local Transfer/Tether/Bitpay ≤ 24 hours; VISA/MasterCard ≤ 8 working days; Global Transfer 3–5 working days.Minimum Withdrawal: Consistent with the minimum amount for the corresponding deposit method (e.g., minimum 2000 USD for Global Transfer withdrawals, minimum 25 USD for Local Transfer withdrawals). LIRUNEX Special NotesThe currencies supported by Local Transfer depend on the users region (e.g., CNY for users in China, MYR for users in Malaysia).Tether/Bitpay withdrawals require providing a compliant wallet address; the platform does not support transfers to “anonymous wallets”.