LUKFOOK JEWELLERY Broker Review

　　

Lukfook Jewellery 2025 Review: Everything You Need to Know

　　Lukfook Jewellery has garnered mixed reviews in the forex and CFD trading landscape. While some users appreciate its established presence and range of financial instruments, others raise concerns about regulatory compliance and customer service. This review aims to provide a balanced overview of Lukfook Jewellery, highlighting both its strengths and weaknesses based on various sources.

　　Note: It is important to consider that Lukfook operates across different jurisdictions, which may impact its regulatory status and user experience. This review incorporates a comprehensive analysis of available information to ensure fairness and accuracy.

　　

Rating Overview

Category	Rating (out of 10)
Account Conditions	6.0
Tools and Resources	5.5
Customer Service and Support	5.0
Trading Experience	5.5
Trustworthiness	6.0
User Experience	5.5
(Optional) Additional Features	5.0

　　How We Rated the Broker: Ratings are derived from user experiences and expert opinions found in various reviews.

　　

Broker Overview

　　Founded in 1991, Lukfook Jewellery has established itself as a notable player in the trading industry, particularly in the forex and CFD markets. The broker is headquartered in Hong Kong and operates under the auspices of Luk Fook Holdings (International) Limited. While it offers a variety of trading services, it notably does not utilize popular trading platforms like MT4 or MT5, which may be a drawback for some traders. The broker provides access to various financial instruments, including forex, commodities, and indices, catering to a diverse clientele.

　　Lukfook is regulated under the Chinese Gold & Silver Exchange Society (CGSE), holding a Type B license, which allows it to operate within specific parameters. However, the regulatory environment has been questioned, with some sources indicating a lack of robust oversight compared to other jurisdictions.

　　

Detailed Analysis

　　

Regulated Regions

　　Lukfook Jewellery primarily operates in Hong Kong, where it is regulated by the CGSE. However, concerns have been raised about the effectiveness of this regulation, as some users report a lack of protection when it comes to fund security and withdrawal issues.

　　

Deposit/Withdrawal Currencies

　　The broker supports multiple currencies for deposits and withdrawals, primarily focusing on Hong Kong dollars (HKD) and Chinese yuan (CNY). However, the availability of cryptocurrencies for trading or withdrawal has not been clearly stated in the reviews.

　　

Minimum Deposit

　　The minimum deposit requirements for opening an account with Lukfook Jewellery are not explicitly detailed in the available sources, which could be a point of concern for prospective traders.

　　

Bonuses/Promotions

　　Information regarding bonuses or promotional offers is sparse, and it appears that Lukfook does not heavily advertise such incentives. This could be a disadvantage compared to other brokers that offer attractive bonuses for new clients.

　　

Tradable Asset Classes

　　Lukfook provides access to a range of asset classes, including forex pairs, CFDs, commodities, and indices. This variety allows traders to diversify their portfolios, although the absence of more advanced trading platforms may limit some trading strategies.

　　

Costs (Spreads, Fees, Commissions)

　　The reviews indicate that Lukfook's spreads are relatively competitive, but exact figures are not consistently reported. Users should be aware of potential hidden fees that may apply, particularly concerning withdrawals and account maintenance.

　　

Leverage

　　The leverage offered by Lukfook is not clearly defined in the available reviews. Traders should approach leverage with caution, as it can amplify both gains and losses.

　　

Allowed Trading Platforms

　　Lukfook does not support widely used trading platforms like MT4 or MT5, which may deter traders who prefer these interfaces. The broker's proprietary platform is less well-known and may lack some advanced features that professional traders seek.

　　

Restricted Regions

　　While specific regions where Lukfook is restricted are not detailed, traders should verify whether their country of residence allows trading with this broker, especially considering its regulatory status.

　　

Available Customer Support Languages

　　Lukfook offers customer support primarily in English and Chinese. However, some users have reported delays and inefficiencies in customer service, which could be a significant drawback for those needing immediate assistance.

　　

Rating Overview Revisited

Category	Rating (out of 10)
Account Conditions	6.0
Tools and Resources	5.5
Customer Service and Support	5.0
Trading Experience	5.5
Trustworthiness	6.0
User Experience	5.5
(Optional) Additional Features	5.0

　　

Detailed Breakdown

　　

Account Conditions

　　Lukfook's account conditions are average. While it offers a range of financial instruments, the lack of diversity in account types and minimum deposit clarity may deter some traders. According to PediaFX, the broker does not provide insurance for clients, which raises concerns about fund safety.

　　

Tools and Resources

　　The tools and resources available on Lukfook's platform are limited. Reviews indicate that the broker does not provide extensive educational resources or trading tools, which may hinder less experienced traders' ability to make informed decisions.

　　

Customer Service and Support

　　Customer service has been a significant point of contention among users. Various reviews, such as those on WikiBit, suggest that response times can be slow and that the support staff may lack comprehensive knowledge about trading issues.

　　

Trading Experience

　　Users have reported a mediocre trading experience, with some expressing frustration over the platform's limitations. The absence of popular trading platforms like MT4 or MT5 may be a significant drawback for many traders.

　　

Trustworthiness

　　While Lukfook is regulated by the CGSE, concerns about its overall trustworthiness have been raised. Some users have reported difficulties in withdrawing funds, which could indicate underlying issues with the broker's operations.

　　

User Experience

　　The user experience with Lukfook is mixed. Some users appreciate the range of assets available, while others have expressed dissatisfaction with the platform's functionality and customer service. According to WikiFX, the broker has received a score of 7.00/10, indicating a generally positive but cautious sentiment.

　　

Additional Features

　　Lukfook does not appear to offer many additional features that could enhance the trading experience. The lack of bonuses or promotions may make it less appealing compared to other brokers that provide such incentives.

　　In summary, Lukfook Jewellery presents a mixed bag for traders in 2025. While it offers a range of trading instruments and operates under a regulatory framework, concerns about customer service, platform limitations, and trustworthiness persist. Potential users should carefully consider these factors before engaging with this broker.