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Regarding the trading offer, Lirunex provides all of the required circumstances for its investors’ potential success, including an expressive variety of account kinds, a popular platform for executing orders, and flexible terms. Lirunex provides a wide range of forex pairs for trading and CFDs on metal, commodities, and other products, all of which are supplied with real-time STP execution. Forex trading is one of the most popular asset classes in the CFD ecosystem. Lirunex provides a respectable range of 40 different currency pairs, including major pairs, minor pairs, and even some exotic pairs available 24/5 to traders. If you are looking for a forex broker, then they could prove to be a good choice.
Moreover, since 1 August 2018 The European Securities and Markets Authority has placed investor protection measures on the marketing, distribution, or sale of CFDs to retail clients. The cost of trading depends on different factors like commissions, spreads, and margins. In the world of forex broker companies being honored with awards from esteemed organizations or publications, count much for the company’s reputation.
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. 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. Lirunex warns all potential traders that Forex and CFD trading always carries a high level of risk and may not be suitable for all investors.
Most clients will trade with the Marshall Islands subsidiary, which operates as a duly registered international business corporation but remains an unregulated entity. The same method as used to fund an account must usually be used to withdraw money and monies will be only refunded to accounts in the same name as the trading account. Standard account spreads start from 1.5 pips, Advanced from 0.7 pips, Premium from 0.5 pips, and Pro from 0.3 pips respectively. Department of Labor, as any such exemption may be amended from time to time. Equity Listing Event means an initial public offering of shares in the Issuer, after which such shares shall be quoted, listed, traded or otherwise admitted to trading on a regulated market or unregulated market. Lirunex accepts a variety of payment methods, such as local and bank transfers, Visa, Mastercard, Tether, Bitwallet, Bitpay, and Paypal, among others.
Founded in 2016, LIRUNEX is an established and reputable online trading broker that gives you access to trade financial markets, including forex, stocks, indices, cryptocurrency, metals and energies. They provide you with the user-friendly MetaTrader 4 platforms that can run on desktop, directly in your web browser and on your mobile devices. I found the broker to have very competitive trading conditions, including tight spreads, low costs and rapid trade execution speeds.
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. In addition, Lirunex MT4 is filled with robust tools and features that will improve the strategy and provide better exposure, either at the beginning level or with a super-comprehensive approach for professionals. There is no limitation on EAs, recognized autonomous robots that can be programmed in case you have the expertise, or they can be simply picked from the marketplace. Getting to the Litenex platforms and software to execute orders, the broker decided not to make things complicated, so it provides MetaTrader4. 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.
Broker Types
Recently Lirunex also promised to add Neteller, Skrill, and China UnionPay to its options, which should be operational by now. Forex brokers are also known as retail forex brokers or currency trading brokers. Retail currency traders in turn use these brokers to gain access to the 24-hour currency market for speculation purposes. This approach will save you from the risk of your account getting hacked while trading in the markets. It provides you the protection of malware protection, SSL secured transactions, and refund for unauthorized trades.
Lirunex offers forex charts to demonstrate movements within the markets and forex calculators including a currency converter, margin calculator, and pip calculator. Potential traders need to be assured that the broker company they chose can offer the necessary support and help whenever they may need it. Lirunex’s MT4 is loaded with tools and features to enhance traders’ strategy and bring better exposure, for traders on the beginning level as well as for professionals. It has no restriction on EAs that may be programmed or selected from the marketplace.
Read our honest Lirunex review and find out what’s wrong with this CySEC regulated brokerage. Traders should rely on Lirunex as an execution-only broker, where it maintains a competitive trading environment, especially for deposits above $10,000. Lirunex offers VPS hosting in partnership with ForexVPS or Beeks, but it comes at an extra cost of no less than $18 monthly. I would like to see an offer for high-volume traders to obtain free VPS hosting.
Traders Reviews
Besides, as a CIF, it can operate in the countries where it complies with the trading regime. Lirunex.com offers over 35 forex currency pairs, gold, silver, oil, indices, stocks, bitcoin and other cryptocurrencies for your personal investment and trading options. Lirunex withdrawal options like bank wire will let you enjoy free of fee deposit, card payment will incur a 1.5% charge so you should verify conditions before any money are sent.
The broker supports crypto CFD trading on some of the most popular cryptocurrencies, including Bitcoin and Ethereum. If you want to trade cryptos, then I think they could be a good choice. You can access the stock market using the Lirunex Platform by investing in 40 different U.S. and European stocks at a low cost. Whilst you can find most major companies, they don’t quite compare to brokers like IG with over 17,000 trading instruments available for you to trade.
Customer Service
Your trades are carried out via the ever-popular MT4 trading platform which I find to be extremely easy to use. You can browse some helpful educational resources and play around with additional maxitrade review trading tools to improve your market analysis. One of the most important things for me is that there is a responsive customer support team who are available to assist you at any time.
Platforms for Trading
AvaTrade is an award-winning and multi-regulated broker offering a great selection of trading instruments including Forex, Cryptos, Stocks and Commodities. You can trade on all of your devices via user-friendly platforms with excellent trading conditions and no commission fees. LIRUNEX Limited is dedicated to modern technology practices and is regulated by three of the world’s leading financial jurisdictions. Clients can rest assured that they are trading with a safe and secure company, customers can trade with MetaTrader 4, a popular trading platform for quick access and control of their trading accounts. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence.
Minimum deposit
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. These educational resources include Learning Articles, Trading Guides, Market Analysis, Forex Webinars/Courses, Tutorials, FAQ section, Market News, and more. Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
It appears they are regular, and the next one takes place between October 18th, 2021, and November 5th, 2021. The FAQ section answers several questions, and traders should read them before contacting a support representative. MT4 has thousands of EAs, and traders may research them to determine if they suit their trading style.
Suggested Strategies provide traders with a roadmap for forex trades, to reduce panicked decision-making that can occur. Traders can learn how to maintain strong discipline, which is key to good forex trading. A platform can be a multi-asset one, which means that it allows clients to not only trade forex but also other asset classes like CFDs on stocks, stock indices, precious metals, and cryptocurrencies. Forex brokers tend to lure new traders with offers of attractive deposit bonuses.
Lirunex also operates through a cross-boarding license which gives legal trading way to EEA zone clients and beyond. Ripple is popular among big banks with the Ripple network a next-generation real-time gross settlement system. Bitcoin is the digital currency with the largest market capitalization and price levels since its inception in 2008. The trading of gold and other precious metals involves hard commodities that are contract-based tradable goods. Known for its functionality, MT4 is the most used platform worldwide and available for use on PC, MAC, and mobile devices of any type. The decision about which platform to choose will depend on what a client would like to trade, therefore it will be one of the criteria when choosing a broker too.
Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect’s individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice.
Lirunex aims to become an industry leader based on transparent and trustworthy relations with clients. The next feature is payment options, which are the means by which you may move funds to and from your trading account. These include debit/ credit card payments and bank transfers; however, Lirunex plans to add Neteller, Skrill, and China UnionPay to its payment methods shortly.
First, we looked at its website and determined that it looks very clunky and not quite sleek. Yet we pointed out that the trading software, fxcm broker review MetaTrader 4, is a decent offering to the client. Yet we have to give Lurinex some credit about the way it delivers information.
MT4 trading platform users can now use the app to manage their accounts and to trade our full range of trading instruments. 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.
TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide investment advice, offer or make solicitation of any investment tickmill products. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. TradingBrokers.com aim to provide unbiased broker reviews to give traders a clear understanding of the different brokers available to them.
What we like at Lirunex offering is a range of account types, quite pleasant fee conditions and its good regard from the clients. Despite the fact that Lirunex also runs an offshore entity in the Marshall Islands, its obligations towards European CySEC gives a clear state of mind that you’re trading with a reliable firm. One of the stand out features of LIRUNEX from my perspective is the great range of payments they support for making deposits and withdrawals. This is because I like to get quick access to funds in my trading account if I want to add to a position or take a new trade in reaction to some unexpected market news. If I had to wait around days for bank transfers to clear, I could have already missed the boat.