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Lirunex Review – The Truth About Lirunex.eu Broker Fraud

Lirunex broker seems perfect at first glance. Tier 2 regulation, legit headquarters, regulated leverage. However, nothing is ever as it seems.To get more news about lirunex review, you can visit wikifx.com official website.

Lirunex is owned by Lirunex Limited and registered in Cyprus. Therefore, Lirunex regulation comes from CySEC, and here we have nothing bad to say. Yet, we discovered that this same company has an offshore entity that is far less legit and regulated.

Now, we have to ask why any legit company would risk its reputation with an offshore entity. And not just any.

this entity is based in the Marshall Islands and re-registered in the Republic of Maldives. To make it more suspicious, they have LFSA regulation.
Of course, after all these offshore entities, we stayed confused, and so did you, probably. Whether Lirunex is regulated offshore or not? Yes, they’re registered in Labuan. So how could they be based in two other countries? Only they know.

But now you do know why not open an account with this brokerage. Since the company has a discretionary right to assign you to any of the entities, we strongly advise you to avoid it.

Lirunex Login Problems – One Of The Signs Of A Scam
Reportedly, there have been numerous login issues on Lirunex trading accounts. According to Lirunex reviews, clients can’t log in to their accounts for a couple of days, and once they do, trades have been changed and the money disappeared. Of course, the broker blamed lags, the client’s internet connection, etc., but you cannot have excuses once you invest your money.

If you experience something similar and cannot log in to your trading account, let us know. Unfortunately, this is one of the tools for scam brokers to make you lose money without being directly involved. Act before it’s too late, and let’s save your money!

In addition to this, If you already deposited your money with MICFX, Tradelax or Mercuryo, but cannot get it back – we can try to help you!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. The platform has a vast number of indicators and is considered more user-friendly than its successor, MT5.

It’s available in several different languages and provides access to all of the major trading assets. With Lirunex broker, clients get an automated trading system as well, which we would advise you to avoid.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.

On the CySEC regulated website, we see that prohibited countries are the USA, Canada, Mauritius, Australia, Japan, Haiti, Suriname, Democratic Republic of Korea, Puerto Rico, and the Occupied Area of Cyprus.

However, there are no restrictions on the website of an offshore entity, meaning that a broker is using this website to defraud clients all over the world.As you can notice, there are no cryptocurrencies available as one of the market’s largest assets at the moment. For every instrument, the broker provides different leverage. However, it depends on which entity you belong to. If you’re assigned to a CySEC regulated entity, leverage goes up to 1:30, but leverage goes up to 1:1000, which is extremely risky if you’re with the offshore one.