The company promises zero spreads, regulated trading, and “flawless conditions”, but is that really the case? In this Lirunex review, we will explore where the marketing ends and where potential deception, manipulation, or outright scam may begin.
Brief Overview
- 🖥Official Website: lirunex.com
- ✈️Contact Address: Gorgonon 14, Patsalos Plaza, 3rd Floor, Flat/Office 305, 6047, Larnaca, Cyprus
- 📞Customer Support: info@lirunex.eu, +357 2469 4888
- 🔐Licensing and Accreditation: CySEC
- ⏳Track Record: 2016
- 🧰Specialization: brokerage service
- 🤝Terms of Cooperation: 1:30, $300
- 💰Additional Services: portfolio management, partnership program
Lirunex.com Examination
The company’s official website has a clean appearance, featuring a light background, turquoise-blue accents, and a minimalist layout. The design is neat and uncluttered, though slightly outdated, lacking modern animations and interactive elements.
The menu consists of the standard sections:
- About Us.
- Trading.
- Portfolio Management.
- Partnerships.
- Tools.
Navigation is logical, and all links lead to typical subpages. There are no tooltips, video tutorials, or onboarding guides. The interface is dry and clearly targeted at experienced users.
The top panel of the Lirunex website includes:
- Login and Create Account buttons.
- Support phone number and email address.
At the bottom of the page, there is a persistent risk warning banner that cannot be dismissed. On the one hand, it serves as a useful reminder for beginners. On the other, it may be an annoyance for seasoned traders who are already aware of the risks.
It would be unfair to say the company has a poor or low-quality website. At the very least, all necessary legal information is disclosed, and it’s unlikely that a generic website template was used.
Company Contacts
The contact information on the Lirunex website is fairly detailed. The legal address is provided, along with two phone numbers — a general line at +357 24 694 888 and a support line at +357 2469 4888, which operates on weekdays from 8:00 AM to 5:00 PM.
There are also multiple specialized email addresses for different purposes:
- General questions.
- Receiving and submitting applications.
- Account questions.
- Technical support.
- Verification and documents.
At the same time, there is no live online chat, and no mention of messaging apps like Telegram or WhatsApp. No team members or support staff are pictured or named. There is no information about any branches, local offices, or regional support outside of Cyprus. The service lacks a personalized approach — there are no named account managers or contacts responsible for client relations.
Key Conditions
Lirunex offers three main account types: LX-Standard, LX-Prime, and LX-Pro, which differ in terms of minimum deposit, spreads, and commissions. All accounts operate on an STP/NDD model with advertised fast execution and are available through MetaTrader 4.
The minimum deposit for the basic LX-Standard account starts at $300. However, to gain access to zero spreads with the LX-Pro, a deposit of $10,000 is required — a significant entry barrier for most retail traders. The LX-Prime account offers spreads starting from 0.6 pips, but the commission reaches $8 per lot, which is above the market average. The PRO t has a commission of $4 per lot, which is more reasonable.
The maximum leverage is limited to 1:30 — a standard level for brokers regulated in the EU under CySEC, which may not suit traders accustomed to high-leverage trading. It’s also important to note that the company does not offer cent accounts.
Key trading parameters:
- Spreads: from 2.0 pips (Standard), from 0.6 (Prime), from 0.0 (Pro).
- Commission: from $0 to $8 per lot (depending on tariff).
- Leverage up to 1:30 for retail traders.
- Currency USD, EUR.
- Trading platforms MetaTrader 4.
- Margin Call – 80%, Stop Out – 50%.
Among the drawbacks are the high commissions on the Prime account, the lack of cent and Islamic accounts, and limited flexibility in trading instruments. As a result, Lirunex appears to be geared more toward experienced traders who are familiar with European market conditions and willing to deposit large sums. For beginners and traders with limited capital, the conditions may not be the most comfortable.
Exposing Lirunex
There is no particular reason to label the company as a scam. The trading conditions seem unappealing, but that does not mean the company is engaged in illegal activities. Let’s take a look at its regulatory status.
The company lists its legal entity as LIRUNEX LIMITED, which is registered in Cyprus. There is also a license from CySEC (Cyprus). We checked the official registry and can confirm — this is true. The broker does exist, and in 2017 it was granted a license by the CySEC.
However, not everything is so great. The website does not list a single specific individual, no director, no manager, no analyst, and no one assumes public responsibility. This is unusual for a European-licensed broker. Even companies with basic regulations usually have an “About the Team” section or at least photos of their office and staff. In the case of Lirunex, there are only dry legal phrases and addresses.
The company also boasts of having a presence in other countries besides Cyprus, such as Hong Kong and Singapore. But where are the actual branch addresses? The firm merely provides a map showing markers for its locations, but no exact addresses are given.
Moreover, there is no information anywhere about liquidity providers. If Lirunex truly does not interfere with the trading process (NDD), then where are the client orders being routed? Why is this not mentioned at all? Could it be that the Cypriot entity is lying about its STP/NDD model?
What Reviews Do Users Leave?
Despite being on the market for over seven years, there are very few reviews about the company. This also looks quite suspicious. Why so few comments? Are traders simply not choosing this broker? While positive reviews do exist, they clearly lack specifics and contain no evidence that the company consistently processes withdrawals. It strongly resembles fake feedback.
Conclusions
At first glance, Lirunex may appear to be a safe option, given that it has been operating for several years and holds a CySEC license. However, there are notable downsides: high commissions, potential conflicts of interest, and negative user feedback. One should not overlook the risks of margin trading, as more than 75% of users lose money through it.
Pros/Cons
- There is a license from CySEC.
- The broker has been operating for more than 8 years.
- No transparent information about management, owners, and team.
- Complaints about withdrawal problems and account closures without explanation.
- A high initial deposit.
- Offshore jurisdictions are used in parallel with a Cyprus license.
I registered with the offshore branch of Lirunex based on a recommendation. They promised fast execution and transparent conditions. In reality, the platform kept freezing during news releases, and orders were executed with delays. The real trouble started after my first successful streak of trades: they simply disabled my account “for verification” and withheld my funds for nearly two weeks. Support kept making promises and then stopped responding altogether
I tested them with a small deposit. Standard MT4 platform, execution was fine. Commissions on the Prime account are definitely higher than those of comparable brokers, but overall the conditions were functional. I had no withdrawal issues, though the process was not particularly fast. It’s not a scam, but also not a broker I would use regularly. More of a backup option, at best