Lirunex Fraud or Legit: A Thorough Lirunex Review
Cyber Scam Recovery Team has enough information to conclude that Lirunex is a fraudulent broker. By writing this Lirunex review, we aim to provide more details on Lirunex brokers, revealing any red flags that could point to involvement in fraudulent activity. This Lirunex review also provides insightful information on areas to be wary of, particularly when it comes to Forex scams, cryptocurrency scams, phishing scams, romance scams, Bitcoin scams, Gift card scams, and other possibly fraudulent activities.
Lirunex Broker Website – https://lirunex.com/
Website Availability – Yes
Location of Headquarters –
- Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands, MH 96960
- Unit D,16/F, One Capital Place, 18 Luard Road, Wan Chai, Hong Kong
Ownership Information – LIRUNEX LIMITED
Blacklisted Status – Not Recommended By Review Website Like Cyber Scam Recovery
Domain Age –
- Domain Name: lirunex.com
- Registry Domain ID: 2012425004_DOMAIN_COM-VRSN
- Registrar WHOIS Server: whois.godaddy.com
- Registrar URL: https://www.godaddy.com
- Updated Date: 2023-01-15T21:07:59Z
- Creation Date: 2016-03-15T07:59:20Z
- Registrar Registration Expiration Date: 2025-03-15T07:59:20Z
Identifying Fraudulent Characteristics in Lirunex Broker
A Regulatory Overview
Lirunex claims to be a well-known participant in the trading industry. Regulated by the Cyprus Securities and Exchange Commission as well as the Labuan Financial Services Authority (LFSA), it is a forex brokerage. Offering a range of trading platforms to its customers, such as the popular MT4 for PC and mobile devices and the Lirunex Trading App, the brokerage provides a thorough trading experience.
A wide range of trading instruments is available to traders at Lirunex.com, including more than 35 forex currency pairs, commodities like oil, indexes, precious metals like gold and silver, stocks, as well as cryptocurrencies. Because of this wide range of options, traders may experiment with different investing techniques and customize their portfolios to suit their tastes and tactics.
Allegations and Criticisms
Lirunex has faced criticism despite its extensive offers and regulatory standing; this has been particularly obvious in negative Lirunex reviews on websites like Forex Peace Army. One review specifically mentions problems with customer service and transparency to convey its dissatisfaction. The reviewer describes a concerning incident in which attempts to get an explanation on trading operations ended with Lirunex officials avoiding questions or remaining silent.
Challenges Faced by Traders
Traders have complained about unforeseen fees and deductions that have affected their trading results. Certain traders assert that Lirunex carried out questionable actions, such as charging swap fees without providing sufficient justification or taking earnings away while claiming they were due to market swings.
Questionable Trading Practices
Upon closer examination, claims of dubious trading practices surface, according to which Lirunex allegedly modifies trading circumstances in a way that affects traders who achieve success. Reports have surfaced of unjustified deductions of overnight interest and rising spreads, especially when traders start to make gains. In addition to undermining trader trust, such activities cast doubt on the platform’s dedication to honest and open trading procedures.
Claim Your Lost Funds Back. Cyber Scam Recovery Services is the best companion in the path of your fund’s recovery
If you have been victimized by a Lirunex scam or any other fraudulent scheme, consider seeking assistance from reputable organizations like Cyber Scam Recovery, which specializes in fund recovery and has experience. Our free consultations can guide you through the process of recovering your funds, ultimately prioritizing your financial well-being. Stay watchful and informed to safeguard your financial interests in an ever-changing financial world.
Lirunex Review – Conclusion
Even while Lirunex complies with regulations and provides a wide variety of trading products via its cutting-edge platforms, criticism is still very much present. Concerns about dishonest trading methods and poor customer service emphasize how crucial it is for potential traders to do their research. Transparency, honesty, and responsiveness are still critical in building confidence between brokers and traders as the forex market develops.
Checkout the list of scam brokers 2024 and scam brokers 2023.
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