Lirunex

What is Lirunex?

Lirunex is a multi-jurisdictional CFD (Contract for Difference) and forex broker operated by Lirunex Limited, incorporated in Cyprus under registration number HE 353862. The firm is headquartered at Patsalos Plaza, Larnaca, with sister entities licensed in Mauritius and the Malaysian offshore center of Labuan. Group operations span Southeast Asia, Africa, and Europe, with retail outreach concentrated in Malaysia, Indonesia, Thailand, and the wider ASEAN region.

The broker entered the market in 2017, the same year its Cypriot license was issued. Ultimate ownership is held by Cypriot principals disclosed in the local registrar filings, with no publicly listed parent. The business model is presented on the official site as an ECN/STP (Electronic Communication Network / Straight Through Processing) hybrid, meaning client orders are passed to liquidity providers rather than internalized against the broker's own book.

Branding runs across several regional domains, including lirunex.com, lirunex.eu, lirunex.me, and labuan.lirunex.com. Each domain maps to a different licensed entity, and the account a client opens is determined by their country of residence at onboarding.

Which regulators license Lirunex?

Lirunex discloses three regulatory licenses. The European license is held by Lirunex Limited and is authorised by the CySEC (Cyprus Securities and Exchange Commission) under license number 338/17. Status on the CySEC public register shows as active at the date of this review. CySEC authorisation brings MiFID II (Markets in Financial Instruments Directive II) compliance and access to the Investor Compensation Fund (ICF), which covers eligible retail claims up to €20,000.

The Asian-Pacific arm is licensed by the Labuan FSA (Labuan Financial Services Authority) of Malaysia under license number MB/20/0050, registered as Lirunex Limited with company number LL16130. Labuan is an offshore financial centre with paper rules on capital adequacy and anti-money laundering but no investor compensation scheme, and enforcement is lighter than Tier-1 jurisdictions such as the FCA or ASIC.

A third license is held with the Financial Services Commission (FSC) of Mauritius, covering the broker's African and selected international clients. The specific Mauritius license number is not published on the broker's main licenses page; verification requires a direct lookup on the FSC public register using the entity name.

No public warning from FCA, CySEC, ASIC, BaFin, FINMA, or IOSCO was found against the Lirunex brand or its licensed entities on the date of this scan.

Trading platforms

The broker runs on MT4 (MetaTrader 4) and MT5 (MetaTrader 5), both supplied by MetaQuotes Software. Desktop, web, and mobile clients are available for Windows, macOS, iOS, and Android. The MT5 build adds depth-of-market data, additional timeframes, and access to non-forex symbols such as equities CFDs and indices.

A proprietary mobile interface called the Lirunex Trading App is offered alongside the MetaTrader clients. The app integrates account management, deposits, and live trading in a single environment, though it does not replicate the full charting and Expert Advisor support of MT4/MT5. Neither cTrader nor TradingView integration is available.

Account types

Four live account models are advertised on the official site, each tied to a different pricing structure.

• LP-Standard: variable spreads from 1.6 pip on EUR/USD, no commission. Entry-level account.
• LP-Prime: tighter spreads from 1.2 pip, no commission, designed for active discretionary trading.
• LP-Pro: raw spreads from 0.0 pip plus a per-lot commission, aimed at scalpers and algorithmic strategies.
• LP-Cent: balances and lots denominated in cents rather than full units, used by new traders for low-stakes testing.

An Islamic (swap-free) variant is offered on request for clients in jurisdictions where overnight interest is religiously restricted. A demo account with simulated balance is available without funding the live wallet.

Minimum deposit

The minimum deposit across all live account models is $25, one of the lower thresholds in the licensed-broker segment. The figure is uniform across the Cyprus, Mauritius, and Labuan entities, with no separate VIP or premium minimum disclosed publicly. The industry-standard minimum deposit for CySEC-licensed brokers sits in the 100-250 USD band, so the Lirunex floor lands well below sector norm.

Spread and commission structure

Spreads vary by account model. The LP-Standard account quotes EUR/USD from 1.6 pip, the LP-Prime account from 1.2 pip, and the LP-Pro account from 0.0 pip with commission. Commission on the Pro account is published as a flat per-lot charge per side, applied to forex and metals.

Non-trading fees include a withdrawal processing charge that depends on method (bank wire and card withdrawals carry the highest cost), and an inactivity charge after a documented dormancy period. The broker's official fee schedule is the binding reference; promotional discounts advertised in regional pages do not override the published table.

Leverage and margin requirements

Maximum leverage depends on the licensing entity that holds the account. Clients onboarded under the Cypriot entity fall under the ESMA (European Securities and Markets Authority) retail cap of 1:30 for major forex pairs, with lower caps for indices, commodities, and crypto CFDs. Professional clients meeting the ESMA opt-up criteria may access higher leverage.

Clients onboarded under the Labuan or Mauritius entities can access leverage up to 1:500 on selected forex pairs. The wider ratio is a function of offshore regulatory permission rather than a product feature; the same broker cannot offer 1:500 to a retail client under European rules.

Tradeable instruments

The product menu covers more than 60 forex pairs (majors, minors, and selected exotics), spot metals (gold, silver), energy CFDs (Brent and WTI crude), major equity index CFDs (S&P 500, NASDAQ 100, DAX 40, FTSE 100, Nikkei 225), a curated list of single-stock CFDs, and a selection of crypto CFDs. No physical equities, no listed options, no futures contracts. The instrument set is concentrated on margined derivative products.

Deposit and withdrawal methods

Funding methods listed on the broker's site include bank wire transfer, Visa and Mastercard, Skrill, Neteller, and cryptocurrency transfers (BTC, USDT). Regional payment rails are added for ASEAN clients, including local bank channels in Malaysia, Thailand, and Indonesia.

Withdrawal processing is documented as 1-3 business days for e-wallet and card returns, and up to 5 business days for bank wires. The broker enforces same-channel withdrawal: funds deposited via card return to that card, and surplus profits route to a bank account on file. KYC (Know Your Customer) verification must be complete before any withdrawal is released.

How to verify the broker's licenses yourself

Three checks confirm the disclosed licensing claim against primary regulator records.

1. Open cysec.gov.cy, search the regulated entities list for "Lirunex Limited," and confirm CIF licence number 338/17 shows as active with the Larnaca registered address.
2. Open labuanfsa.gov.my and search the financial institutions directory for "Lirunex Limited" or company number LL16130; the entry should show MB/20/0050 under the money-broking category.
3. Open the FSC Mauritius public register at fscmauritius.org and search for "Lirunex" to confirm the local entity status, since the license number is not published on the broker's marketing page.

If any of the three checks returns no record, the broker should be asked in writing to provide the exact entity name and license number used in that jurisdiction before funding an account.

Where the firm actually operates

HQ and regulatory entities sit in three different countries: Cyprus for European clients, Mauritius for African and selected international clients, and Labuan for Malaysian and broader ASEAN clients. The brand's marketing concentrates on Southeast Asia, with Malay-, Thai-, and Indonesian-language sites and regional IB (introducing broker) programs.

An account opened from a Tier-1 jurisdiction such as the UK or Australia is not eligible under the FCA or ASIC; clients in those countries are routed to the Cypriot or offshore entities, with the corresponding regulatory protections of those jurisdictions rather than the FCA's FSCS or ASIC's AFCA scheme.

Lirunex verdict: pros, cons, and the catch

For European retail clients, the CySEC license carries MiFID II protections, ICF coverage up to €20,000, and the 1:30 leverage cap that the same regulator imposes on all licensed peers. The $25 minimum deposit, the cent-account option, and the dual MT4/MT5 setup lower the entry barrier for first-time traders compared with the wider sector standard.

For clients routed to the Labuan or Mauritius entities, the trade-off changes: leverage rises to 1:500 but the investor-compensation safety net disappears. No Tier-1 license (FCA, ASIC, FINMA, or US oversight) sits behind the brand, and trading volumes or client counts have not been disclosed publicly, which limits independent verification of operational scale.

The catch is jurisdictional. Two clients trading the same EUR/USD ticket can sit under entirely different regulatory regimes depending on which entity onboarded them, so the protection a trader actually enjoys is set at signup, not by the broker's brand. Confirming which entity holds the live account, before funding, is the single most important check.

Forex and derivative products carry high leverage; some or all invested capital may be lost. This content is for information only, not investment advice. Verify the broker's current regulation status with the relevant authority's official site before any investment decision.