Lirunex Malaysia Review
Lirunex is a forex and CFD broker licensed by CySec and offers to trade on the MetaTrader 4 platform. It also provides a variety of other investment services and tools.
Customer support is available through multiple channels, including live chat and email. It also has a comprehensive FAQ section and an online resource center with educational materials.
CySec regulates Lirunex
Lirunex is a CySec-regulated broker. You can expect a safer trading environment with transparent terms and conditions and the ability to protect your funds through a compensation scheme in the event of the company’s bankruptcy.
As a CySec-regulated broker, you’ll also get access to various payment methods and excellent customer support. You can fund your account using credit cards, bank transfers, and wire transfers.
In addition, you can trade forex, gold & silver, CFDs, oil, indices, and soft commodities with instant STP execution. The MT4 platform offers many trading instruments and features an intuitive user interface.
As with all online trading, forex and CFDs trading can be risky, and you should never start investing money you cannot afford to lose. Before investing with a broker, you should also consider your investing goals, experience level, and needs.
It offers an MT4 platform.
The MT4 platform is one of the most popular trading platforms available. It is compatible with Windows and Mac computers and provides a wide range of features that can help traders trade like pros.
Traders can deposit and withdraw funds from their accounts with Lirunex using various payment methods. The broker processes deposit requests within 24 hours from submission, Monday to Friday. However, it may take a few days for withdrawals to be made.
In addition, the website offers a variety of educational resources to help users improve their skills and stay abreast of market developments. These include articles, guides, and trading tutorials.
Moreover, the broker offers Islamic accounts for Muslims who do not want to incur swap costs or rollover interest on overnight positions. It also supports a range of trading instruments, including MT4, Chills Trading, and Zulutrade.
It offers Islamic accounts.
Lirunex offers a range of Islamic accounts to Muslim traders who are looking for an alternative trading solution. These accounts provide special trading conditions aligning with Islamic law, prohibiting interest.
Lirunex also offers an Islamic demo account allowing traders to test the waters without risking their money. This account is a great way to practice forex trading in a risk-free environment.
The broker also offers a range of other features, including a mobile application available to trade on the go. The app also allows traders to manage their live and demo accounts and control their funds.
It offers VPS service
Traders who want to reduce latency and slippage can sign up for a VPS service. This service is offered by Lirunex and can be accessed through a secure web address.
This option is excellent for traders who wish to increase their trading capabilities, but it may not suit everyone. It also requires a high initial deposit, which can be difficult for some Kenyans to afford.
The VPS service is available in two levels: Standard and Pro. Standard accounts have the leverage of 1:30, while Pro is set at a higher power of 1:100.
Traders can trade on forex pairs, precious metals, commodities, and stock CFDs. This diverse array of instruments makes Lirunex a good choice for traders looking to diversify their portfolios.