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Lirunex spread is depending on the account type you trade since a higher grade account offers better trading conditions. Yet, all account types offer variable spreads with no commission charges. Alike Standard account spreads starting from 1.5 pips, Advanced from 0.7 pips, Premium from 0.5 pips and Pro from 0.3 pips respectively.

Since the company has a discretionary right to assign you to any of the entities, we strongly advise you to avoid it. The trading industry is full of fraudulent brokers whose only goal is to trick you into their financial schemes and steal your money. This is why you should be extremely careful not to fall for their flashy conditions. Please read Lirunex Reviews below and share your live trading experiences with this broker. Cryptocurrency CFD traders only have a choice of five cryptocurrency assets. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights, in the commission based Lirunex LX Prime account.

I think it is very important to stay informed with what is going on around the world. Therefore, it is vital that a broker makes such resources available to you. If you want extra help with market analysis then you could consider ActivTrades as they provide expert research and one on one training.

Regulated Forex brokers are less likely to cheat their clients and where such infractions happen, regulators are empowered by the laws of their respective jurisdictions to apply appropriate sanctions. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings.

Lirunex provides trading instruments such as Currency trading, CFDs, Equities, Indices, Precious Metals, and Energies. In addition to the vast amount of trading tools built-in the MT4 platform, you can get free access to a range of useful trading tools. I found these can be a great way to enhance your overall trading experience.

Lirunex’s account opening procedure is straightforward and the system, including its tech insights, is user-friendly. The seller asks to be paid via international money orders, checks, direct bank wires or cryptocurrency and will not accept any other form of secure payment. LIRUNEX LIMITED is a Cyprus Investment Firm providing retail and professional customers with a full set of is binance legit services for trading CFDs on Forex and Commodities. In all its activities, LIRUNEX LIMITED is dedicated to modern technology practices. In addition to the favorable circumstances for experts and active traders, newcomers to the market are also warmly welcomed. They have a lot of material for educating their clients, which helps them learn the trade and make informed decisions.

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What Can I Trade?

MetaTrader4’s mainstay for generating revenue has been its great functionality so far; it has been rewarded for being diverse and customizable in order to meet every trader’s needs. As a CySEC regulated brokerage, Lirunex can provide financial services all over the EEA zone. Besides, as a CIF, it can operate in the countries where it complies with the trading regime. In this case, those are China, UAE, Malaysia, Lebanon, and Indonesia.

As Sharia law prohibits the accumulation of interest, traders with Islamic accounts do not pay or receive interest rates. You can trade on the MT4 trading platform, an award-winning platform that is widely used amongst forex and CFD traders. The platform is replete with a variety of powerful interactive charts, analytical functions, expert advisors, and technical indicators. Its fully customisable interface allows you to trade the way you want.

Card deposits are processed within the day; however, withdrawals take 7-10 business days. Based on all that, we think that Lirunex is not a trustworthy broker that is worth your money and attention. Always consider the overnight fee or the Lirunex swap as a trading fee that is uniquely specified by each instrument, as you can see above. Lirunex training materials are sincerely recommended for your consideration, as experience is always a must in trading, so you better keep yourself up-to-date. In order to allow us to keep developing Myfxbook, please whitelist the site in your ad blocker settings. ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up.

Trading conditions are excellent, with decent platforms, education, and competitive spreads with the market. This Lirunex review goes through the broker’s trustworthiness, trading platforms, commissions, trading platform, security mechanisms, and customer care in-depth. LIRUNEX is a multi-regulated trading broker that provides clients across the globe with access to trade various financial markets including Forex, Stocks and Cryptocurrencies. They offer the user-friendly MT4 platform with tight spreads, low fees and rapid trade execution speeds.

Aside from its well-deserved popularity and excellent functionality, MT4 is the most widely utilized platform globally, with a staggering amount of trades executed every day. Disclaimer – The Promotion, reviews and other information are written and posted here just for the informational reason only. I also like that LIRUNEX does not impose any fees for both deposits and withdrawals. Just keep in mind that your digital wallet provider and the blockchain may charge you an external fee. You can take advantage of the fast-moving market of Crude Oil, which is a popular choice for traders who are looking for daily action. The broker’s website contains a selection of learning resources that are designed to improve your trading knowledge whilst keeping youup to date with the events that take place in the financial markets.

Overall, Lirunex is considered low-risk, with an overall Trust Score of 89 out of 100. Lirunex can be summarised as a reliable and reputable forex broker that is very competitive in terms of its trading fees . Lirunex keeps all clients‘ funds in segregated accounts with trusted financial institutions.

Apart from its rewarding and excellent features, MT4 is the most commonly used network with a fantastic number of executions performed daily. The platform is available via different versions suitable for use on a PC, MAC or through a smartphone and tablet. The broker made it possible for the offshore office to cover global exposure, if it were located only in the offshore zone then we would not recommend Lirunex.

Trading Instruments

Malaysia is quite a weak financial regulator, which, should the Lirunex fraud take place, wouldn’t be able to hold the broker accountable. The Forex market is crowded with Forex brokers in any step of the way. With just one simple Google search, you’ll get hundreds and thousands of brokers that want to sell you their platform. The philosophy on which Lirunex was founded is the preservation of consumer loyalty and the provision of skilled trading services to the advantage of unparalleled professionalism.

These including Card Payments and Bank Transfers available at the moment of the review, yet Lirunex will add on soon Neteller, Skrill and China UnionPay to its options. Nevertheless, a professional offering, which is presented by two higher grate Lirunex account types will include specified conditions for higher leverage, which is available only for confirmed professionals. Yet, the broker also enabled the offshore office in order to cover global exposure, eventually, if being located only in the offshore zone we would not recommend Lirunex.

Margin is the amount of money required in your account to open a position. Margin is calculated based on the current price of the base currency against USD, the size of the position, and the leverage applied to your trading account. A Forex broker is a company that provides traders with access to platforms that allow them to buy and sell foreign currencies. How does the broker solve the issues faced while logging into your account? How does the support respond when you reach out to them for login issues and errors?

Safety and Regulation

Speaking of trading platforms, the trading platform must be robust and responsive. The broker should have a modern trading platform that is supported by advanced analytical tools and the latest in forex technology. The trading platform provided by the broker must be user-friendly and intuitive enough for traders to quickly access their accounts and place trades quickly. Traders should also be able to customize it according to their own preferences. Lirunex aims to become an industry leader based on transparent and trustworthy relations with clients. A currency trading platform is a software interface provided by currency brokers to their customers to give them access as traders in the Forex markets.

Any violation may be heavily fined or even discharged from its operation. Therefore, trading with a controlled broker gives you safe trading conditions, while your money is safe and secure. Broker offers trading with currency pairs, commodities, indices, and stocks. Therefore, Lirunex regulation comes from CySEC, and here we have nothing bad to say.

Equity or stock indices are actual stock market indexes that measure the value of a specific section of a stock market. They can represent a specific set of the largest companies of a nation or they can represent a specific stock market. The bonus is iforex online currency trading just a reward for the trader’s choice that gives some of these expenses back to the trader, once proving himself as an active trader. From Monday to Friday withdrawals are processed in the first 24 hours after a withdrawal request has been submitted.

Support for LIRUNEX Login Issues and Errors

MT4 maintains its leadership position as the most trusted Forex trading platform but requires upgrades. All trading accounts are for MT4, the market leader for algorithmic trading, which also features an embedded copy trading service. The best value is available in the LX Prime account, where Lirunex lowers fees to an attractive range for a minimum deposit of $200. Lirunex offers a positive swap at the time of writing on EUR/USD short positions and other select assets, meaning traders can get paid money to hold such a position overnight.

We are not responsible for any losses you may incur, by investing with a company mentioned on this website. Always verify that the broker you choose, is licensed by your local financial regulator. TradingBrokers.com aim to provide unbiased broker reviews to give traders a clear understanding of the different brokers available to them. Traders can use our free service but should do their own due diligence and make their own decisions. Rates, terms, products and services on third-party websites are subject to change without notice. This compensation should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews.

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Both Gold and Silver commodities are available for trading, with various conditions depending on Lirunex flexible account types such as LX-Standard, LX-PRIME and LX-PRO. Regulation by multiple regulators can help to give you the peace of mind that you are using a broker that has clients best interests at heart. It can also ensure there is some protection in place in case something was to go wrong. I would always prefer to trade with a regulated broker as it gives me confidence that my funds are safe and they can be trusted. Lirunex Trading App provides experts in technical and fundamental analysis forex team to provide you with the forex signals which also allows traders to copy signals with managed risks. In simple terms, this means that the broker works transparently and is continuously monitored by the regulator.

Related to Lirunex

Besides major and minor currency pairs, you can also exchange various CFDs (Gold & Silver, Indices, Commodities, Cryptos & Stocks). Higher grade accounts provide better trading conditions, but all Lirunex accounts offer variable spreads with no commission fees. One might be the Lirunex Standard Account, which is for a moderate trader who trades less frequently and does not require much in the way of funds. This type of account charges just $10 per trade for up to 250 shares plus no monthly fees or commissions on stock purchases over 1k+ shares with an interest rate. Lirunex trading platform is an MT4, which is highly recommended to have. It’s the best platform in the industry, and over 80% of market users prefer this platform over any other.

Such leveraged products magnify a trader’s potential profit – but of course, also increase the potential loss. CFD trades on other markets have no commission but do wrap a spread around the market price of a certain instrument. The cost of trading depends on different factors like commissions, spreads, and margins. Lirunex accepts a variety of payment methods, such as local and bank transfers, Visa, Mastercard, Tether, Bitwallet, Bitpay, and Paypal, among others. Lirunex is designed to be efficient and rapid to ensure clients are well informed regarding their assets.

Mobile trading, Trading Signals, and the Market are also integral parts of MetaTrader 4, serving to enhance the trading experience. Our mission is to provide online investors with the most unbiased, comprehensive reviews and ratings of self-directed brokers. Vetted by multiple industry experts – including a financial research firm with more than 20 years of experience in broker ratings – Our Broker Ratings and Reviews embody industry best practices for research design. An Islamic Forex account is a halal trading account that is offered to clients who respect the Quran and wish to invest in the Islamic stock market following the principles of Islamic finance.

Lirunex operates through its brokerage office in Cyprus, along with all the requisite security and compliance requirements. Read our honest foreign bonds advantages and disadvantages and find out what’s wrong with this CySEC regulated brokerage. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. Let other traders know if this service is worth checking or should be avoided.

With the wealth of quality free and paid-for research accessible online, I do not count the absence as a negative in my Lirunex review. It does create a service gap to competitors who provide traders with quality research. It is available as a desktop client, a web-based alternative, and a mobile app.

Therefore, trading with Lirunex gives you safe trading conditions with your money also being kept safely and securely in segregated accounts from company ones. The forex trading software provided by a broker company to its clients is called the platform and is used to carry out their trades. Some methods, like bank transfers, are free of charge for deposits, but card payments will incur a 1.5% charge. Payment institutions or providers may also add on some more fees to be paid by the trader, due to international policies. You don’t have your laptop all the time but your mobile is always in your pocket.