Trade with Lirunex: A Comprehensive Guide
Choosing the right account type is a crucial step in every trader’s journey. The offerings of Lirunex, from their LX-Standard to LX-Pro, as well as their Islamic accounts, provide options for traders of various experience levels and trading styles. Moreover, they offer different account types, including a trading account that suits the needs and trading goals of both beginner and experienced traders. This allows traders to choose an account that aligns with their level of trading expertise, financial capabilities, and risk tolerance.
MoneyFair Forum Hong Kong 2025
Supported currencies include USD, MYR, THB, IDR, VND, SGD, RMB, and a few others. However, despite its comprehensiveness, it must be stated that this is the only extensive resource material readily available on Lirunex. More resources could greatly enhance the learning experience for traders, especially those new to the field. After filling in the necessary fields, you will only need to click on the “sign up” button. The App also caters to a global user base with support in multiple languages, including Chinese, English, Malay, Vietnamese, and Thai.
Distinctive features
Some time ago, it added as many as 25 entities to it, including popular brands, such as AETOS and Windsor Brokers. In the meantime, it has revised its guidelines to allow stockbroking companies to offer fractional share trading on Bursa Malaysia. However,there are indications that despite having an office in Malaysia, the operatorof the Lirunex trading brand does not have a license to provide investmentservices in the country. Finance Magnates checked the SCM’s registry oflicensed companies, and Lirunex is currently not listed.
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Trading Bonus
Understanding your own risk tolerance, trading goals, and the specifics of each account type is vital to making an informed decision. Their offerings aim to equip novice and seasoned traders with the necessary tools and information, ensuring a seamless trading experience where they can. One of the key features of Lirunex is its broad spectrum of tradable assets. Lirunex offers Islamic swap-free trading on Standard and Prime trading account levels.
- VPS automated trading services are offering the possibility to automate the whole trading process.
- From the details gleaned throughout this review, it can be concluded that Lirunex is a reliable and safe broker.
- This is perhaps the most used trading platform in the world among retail forex traders, and should therefore be familiar for most users.
- This allows them to experience the platform and the level of trading conditions that they can expect when trading on various fx pairs.
- Since Lirunex explains its products and services well and ensures flawless operations, I doubt traders will be likely to ever require customer support.
When compared to similar brokers a viable alternative broker choice to Lirunex is Oanda. The Lirunex Trading bonus is structured as a +20% deposit bonus program with a minimum deposit required of $100 USD. The Lirunex signup bonus is structured as a +88% deposit bonus program with a minimum deposit required of $100 USD. Overall, Lirunex can be summarised as a trustworthy globally licensed, and regulated broker that is very competitive in terms of its trading fees.
Live Chat and Contact Form
Lirunex operates a partial stop-out policy when equity/margin hits 25% or lower, with the system liquidating the largest losing trade first until the account is back above 25%. It ensures fair play and preserves the industry’s integrity and credibility. Without adequate regulation, firms might engage in practices that don’t line up with the investors’ best interests. The Lirunex FAQ section covers a range of topics including Account Information, Deposits, and Withdrawals. Lirunex makes a wide range of deposit options available including Credit Cards, BitPay, and Local payment options. Deposits made into a Lirunex Account will reflect within 24 hours, although most of the time it is instantaneous.
Lirunex Chills Trading
- While Lirunex does provide options for different types of traders, remember that forex trading involves significant risks.
- Specifically, Lirunex does not offer its services to residents of North Korea, Congo, Libya, Afghanistan, Cuba, Mali, Syria, Sudan, South Sudan, Yemen, Somalia, Belarus, and Venezuela.
- Lirunex established itself as a trustworthy Forex broker with a clean track record.
- These regional restrictions are not arbitrary but are due to a variety of legal, financial, and ethical considerations.
- Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money.
Commission and fees are reasonable and competitive, and I appreciate the variety of trading instruments they offer. Easy and fast online account opening with widely supported funding methods despite the limited range of instruments which is Forex and CFDS. As a company, Lirunex has a strong focus on the South East Asian market, specifically forex traders in Malaysia, Brunei, Indonesia, Singapore, the Philippines, and Vietnam. Striving for your success, LIRUNEX does not impose restrictions on profitability and allows all trading strategies including hedging and scalping. Lirunex offers bank wires, credit/debit cards, three domestic solutions in Asia, and five cryptocurrency payment providers. Lirunex offers VPS lirunex malaysia hosting in partnership with ForexVPS or Beeks, but it comes at an extra cost of no less than $18 monthly.
Reviews from traders
After opening up to the African market in 2021, the company decided to focus more on the Asian market in 2023. After openingup to the African market in 2021, the company decided to focus more on theAsian market in 2023. LIRUNEX keeps your funds in segregated accounts with trusted financial institutions. ➂ Spreads are floating and may be increased during specific periods based on the market conditions. Lirunex is a duly registered broker in two jurisdictions with regulatory oversight. With more than 25,000 available plugins and EAs, traders can transform MT4 into a cutting-edge trading solution, but traders must purchase them, as the free ones hardly function as advertised.
Brokers often provide market news and updates as part of their news section, providing traders with valuable insights that can guide their trading decisions. Such a feature is noticeably absent here, and its inclusion could further boost the platform’s value for its users. Its built-in features include registering and managing accounts directly from the App, enabling users to monitor their trades anytime, anywhere. The App also offers diverse trading tools, such as symbol trading schedules, position protection, pending orders, and price alerts. Metals such as silver (XAGUSD) and gold (XAUUSD) are also available for trading. Lirunex provides detailed contract specifications for each, including average spreads, pip values, and lot ranges.
What is the maximum leverage with Lirunex?
Whether you’re managing live or demo accounts or handling funds, the Lirunex Trading App delivers convenience in just a few clicks. To maintain their positions, clients must ensure they have sufficient funds in their accounts every Friday or one hour before the market closes on holidays. Failure to meet the required leverage and margin conditions could lead to the forced liquidation of part or all of the positions in an account without prior notice. Lirunex, an experienced broker with a solid grip in the market, has been serving the trading community for seven years.
They provide crucial insights into market trends, equip traders with necessary trading skills, and help them stay updated on any changes in the trading landscape. An example of this would be ZFX which has a great array of trading resources and educational materials. The FIX API also offers low-latency execution and swap netting, meaning it calculates trades and swaps based on net exposure. This makes it ideal for experienced traders seeking high-speed, direct access to Lirunex’s trading servers, with latency as low as 1 millisecond. One standout feature of the Lirunex Trading App is its copy trading facility. This allows traders to replicate the trades of successful investors worldwide, capitalizing on their strategies and expertise.