Search

LUKFOOK Forex Broker provides real users with 1 positive reviews, 1 neutral reviews and * exposure review!

LUKFOOK Broker Review

7.11

WikiFX monitor

Risk Control

Global public opinion

Software Index

No software

LUKFOOK Review 2

Latest All(2) Positive(1) Neutral(1)
Positive

I wish they would provide translations or other language support for their website and platform to make it more accessible to a wider audience. If you're an English speaker considering trading with LUKFOOK, be aware that their website is only available in Chinese. You may want to consider choosing a broker that provides more comprehensive language support.

天空的云朵
2023-03-24
Neutral

The online trading system is not easy to use. I don’t know what’s going on, it’s always stuck. The customer service staff is always busy and can’t help at all. Anyway, my experience is not very good. The commissions and charges on the platform are acceptable and reasonable.

Mazzy star
2022-12-13

  

Lukfook 2025 Review: Everything You Need to Know

  

Executive Summary

  This comprehensive lukfook review shows a troubling picture of the Hong Kong-based forex broker. Traders should think carefully before putting their money with this company. Lukfook works under the Hong Kong Securities and Futures Commission, which provides some oversight. However, the broker has big problems with customer happiness and how people see them in the market.

  The broker offers many different trading tools. These include over 50 forex pairs and more than 70 stocks, indices, precious metals, and commodities. This wide selection is one of Lukfook's main strengths. It helps traders who want different investment choices across many markets.

  But the broker's reputation has serious problems because of poor user ratings and trust scores. The user rating is only 2.3 out of 10 based on 31 employee reviews. The Scam Detector trust score is just 15. These numbers show big problems with service quality, reliability, and user experience.

  Lukfook seems to target traders who want diverse investment tools and those who feel comfortable with Hong Kong rules. However, potential clients must think carefully about the many assets offered versus the very low trust ratings and poor service feedback. They should do this before making any investment choices.

  

Important Disclaimers

  Traders should know that Lukfook works mainly under Hong Kong rules through SFC regulation. International traders need to understand that regulatory protection might be different from their home country's financial oversight. Trading across borders may involve extra problems with dispute resolution and regulatory help.

  This review looks at public information, user feedback, and regulatory data. All assessments are done independently. Traders should strongly do their own research before working with any forex broker. The information shown reflects current available data and may change as the broker's operations develop.

  

Rating Framework

Dimension Score Rating
Account Conditions 5/10 Average
Tools and Resources 6/10 Above Average
Customer Service and Support 4/10 Below Average
Trading Experience 5/10 Average
Trust and Reliability 3/10 Poor
User Experience 4/10 Below Average

  

Broker Overview

  Lukfook started in the forex market in 1999. The company has built itself as a Hong Kong-based financial services provider with over twenty years of history. It has created its business around providing complete trading services across multiple asset types. The company positions itself as a multi-market broker rather than focusing only on forex trading.

  The broker's long time in the market suggests some operational stability. However, this must be weighed against current user satisfaction numbers. Lukfook's business approach focuses on offering diverse trading opportunities while following Hong Kong's financial rules. The company uses a traditional brokerage model that helps clients access various global markets through its trading system.

  Available information shows that Lukfook provides access to many financial instruments. These include over 50 forex currency pairs and more than 70 additional instruments covering stocks, indices, precious metals, and commodities. This broad asset selection shows the broker's commitment to serving traders with different investment strategies and portfolio needs.

  The regulatory oversight from the Hong Kong Securities and Futures Commission offers some institutional credibility. However, how well this oversight protects international clients may vary. This lukfook review stresses the importance of understanding the regulatory effects for traders operating outside Hong Kong.

  

Detailed Information

  

Regulatory Status

  Lukfook operates under the Hong Kong Securities and Futures Commission, which oversees financial services within Hong Kong. This regulatory framework offers some institutional oversight. However, international traders should understand the limits of cross-border regulatory protection.

  

Deposit and Withdrawal Methods

  Specific information about deposit and withdrawal methods is not detailed in available materials. Future clients should contact the broker directly to understand available funding options. They should also ask about processing times and any fees for financial transactions.

  

Minimum Deposit Requirements

  The minimum deposit requirements for opening accounts with Lukfook are not specified in available documents. This information gap is a big concern for potential traders who want to understand entry-level investment requirements.

  

Promotional Offers and Bonuses

  Details about promotional offers, welcome bonuses, or ongoing incentive programs are not mentioned in available materials. Traders interested in promotional benefits should ask the broker directly about current offers.

  

Tradeable Assets

  Lukfook offers access to over 50 forex currency pairs along with more than 70 additional instruments. These include stocks, indices, precious metals, and commodities. This diverse asset selection is one of the broker's main competitive advantages. It enables portfolio diversification across multiple markets.

  

Cost Structure

  Specific information about spreads, commissions, overnight fees, and other trading costs is not detailed in available materials. This lack of transparency about cost structure is a significant information gap. Potential clients must address this through direct broker contact.

  

Leverage Ratios

  Available materials do not specify the maximum leverage ratios offered by Lukfook. Leverage information is crucial for risk management and trading strategy development. This makes it another important information gap.

  

Trading Platform Options

  The specific trading platforms supported by Lukfook are not detailed in available documents. Platform selection significantly impacts trading experience and functionality. This makes this information essential for potential clients.

  This lukfook review highlights the substantial information gaps that future traders must address through direct broker communication. They should do this before making investment decisions.

  

Detailed Rating Analysis

  

Account Conditions Analysis

  Lukfook's account conditions receive a moderate rating due to significant information gaps about basic account features. The lack of public information about account types, minimum deposit requirements, and account opening procedures raises concerns about transparency and accessibility.

  The broker offers access to diverse asset classes. However, the lack of clear information about different account tiers, their features, and benefits makes it difficult for traders to assess whether Lukfook's offerings match their trading needs. The absence of details about special account features, such as Islamic accounts for Muslim traders or professional accounts for qualified investors, further limits the assessment of account condition quality.

  The broker's 25-year operational history suggests some account management experience. Yet current user ratings of 2.3 show significant dissatisfaction with account-related services. This difference between operational longevity and user satisfaction suggests potential issues in account management, customer onboarding, or service delivery.

  Without clear information about account opening procedures, verification requirements, or documentation needs, potential clients face uncertainty about the accessibility and efficiency of establishing trading accounts. This lukfook review emphasizes the importance of getting comprehensive account information directly from the broker. They should do this before proceeding with account opening procedures.

  

Tools and Resources Analysis

  Lukfook receives an above-average rating for tools and resources primarily due to its extensive asset selection spanning over 120 financial instruments across multiple markets. This diverse offering provides traders with substantial opportunities for portfolio diversification and multi-market strategies.

  The broker's coverage of forex, stocks, indices, precious metals, and commodities shows a comprehensive approach to market access. This breadth of available instruments suggests that Lukfook has invested in establishing connections across multiple markets and asset classes. This can benefit traders seeking varied investment opportunities.

  However, the absence of detailed information about specific trading tools, analytical resources, research capabilities, and educational materials limits the overall assessment. Modern forex trading increasingly relies on sophisticated analytical tools, market research, and educational resources to support trader decision-making.

  The lack of information about automated trading support, algorithmic trading capabilities, or advanced order types represents a significant gap in understanding the broker's technological capabilities. Additionally, without details about market analysis, economic calendars, or research reports, traders cannot assess the quality of informational support provided by Lukfook.

  

Customer Service and Support Analysis

  Customer service and support receive a below-average rating based on poor user feedback and limited available information about support channels and capabilities. The user rating of 2.3 suggests significant dissatisfaction with customer service quality, responsiveness, and problem resolution effectiveness.

  Available materials do not specify the customer service channels offered by Lukfook. These might include phone support, email assistance, live chat capabilities, or help desk systems. This lack of transparency about support accessibility raises concerns about the broker's commitment to customer assistance and problem resolution.

  The absence of information about customer service hours, multilingual support capabilities, and response time commitments further adds to concerns about service quality. Modern forex traders expect responsive, knowledgeable customer support available during major trading sessions. They also expect support that can address technical, account, and trading-related questions efficiently.

  User feedback suggesting poor service quality shows potential issues with staff training, resource allocation, or service delivery processes. Without specific examples of customer service interactions or problem resolution cases, traders cannot assess the broker's capability to address their potential concerns effectively.

  

Trading Experience Analysis

  The trading experience receives an average rating due to limited available information about platform performance, execution quality, and overall trading environment. While Lukfook offers access to diverse markets, the quality of trade execution and platform reliability remains unclear from available materials.

  The absence of specific information about trading platforms, order execution speeds, slippage rates, and platform stability makes it difficult to assess the actual trading experience quality. Modern forex trading demands reliable platforms with fast execution, minimal downtime, and comprehensive functionality for effective trade management.

  Without details about mobile trading capabilities, platform features, charting tools, and technical analysis capabilities, traders cannot evaluate whether Lukfook's trading environment meets contemporary standards. The lack of information about order types, risk management tools, and trading automation further limits the assessment of trading experience quality.

  User ratings of 2.3 suggest significant dissatisfaction with overall service quality, which likely extends to trading experience. This lukfook review emphasizes the importance of testing trading conditions through demo accounts or small initial trades. Traders should do this before committing significant capital to assess actual trading experience quality.

  

Trust and Reliability Analysis

  Trust and reliability receive a poor rating due to concerning user feedback and limited transparency about security measures and operational practices. The Scam Detector trust score of only 15 shows significant concerns about the broker's reliability and trustworthiness within the trading community.

  Lukfook operates under Hong Kong SFC regulation, which provides some institutional oversight. However, the extremely low trust scores and poor user ratings suggest potential issues with service delivery, transparency, or client relationship management. Regulatory oversight alone does not guarantee positive user experiences or service quality.

  The absence of detailed information about client fund protection measures, segregated account policies, insurance coverage, or security protocols raises additional concerns about operational transparency. Modern traders expect clear information about how their funds are protected. They also want to know what measures are in place to ensure account security.

  The significant gap between the broker's 25-year operational history and current poor reputation metrics suggests either declining service quality or accumulated user dissatisfaction over time. Without clear information about recent operational improvements or efforts to address user concerns, trust and reliability remain significant concerns for potential clients.

  

User Experience Analysis

  User experience receives a below-average rating based on poor user satisfaction metrics and limited information about interface design, usability, and overall service quality. The user rating of 2.3 shows widespread dissatisfaction with various aspects of the Lukfook experience.

  The absence of information about website usability, account management interfaces, mobile app quality, and overall user journey design makes it difficult to assess the quality of user experience design. Modern traders expect intuitive interfaces, efficient workflows, and seamless integration across different platform components.

  Without details about registration procedures, account verification processes, funding workflows, and withdrawal procedures, potential clients cannot assess the efficiency and user-friendliness of essential account management functions. Complex or inefficient procedures can significantly impact overall user satisfaction and trading effectiveness.

  The poor user ratings suggest potential issues with various aspects of the user experience. These may include customer service interactions, platform usability, account management procedures, or overall service delivery. The lack of positive user feedback or testimonials further reinforces concerns about user experience quality and client satisfaction levels.

  

Conclusion

  This comprehensive lukfook review reveals a forex broker facing significant challenges in user satisfaction, trust, and service quality despite offering extensive asset diversity and regulatory oversight. While Lukfook's 25-year operational history and SFC regulation provide some institutional credibility, the extremely poor user ratings and trust scores raise serious concerns about service delivery and client satisfaction.

  The broker may be suitable for traders specifically seeking access to diverse Asian markets under Hong Kong regulation and those comfortable with conducting extensive due diligence before committing funds. However, the poor reputation metrics and limited transparency about essential trading conditions make Lukfook a high-risk choice for most traders.

  The primary advantages include extensive asset selection across multiple markets and established regulatory oversight. The significant disadvantages include poor user ratings, low trust scores, and substantial information gaps about essential trading conditions. Potential clients should exercise extreme caution and conduct thorough investigation before considering Lukfook for their trading needs.

LUKFOOK review