Lirunex review.

Overview

Lirunex Ltd is a Cyprus Investment Firm, company number HE 353862, authorised by CySEC under licence 338/17, registered at Gorgonon 14, Patsalos Plaza, Larnaca. [CySEC] It also holds an active UAE licence.

Two things make this broker worth a careful look. The first is good: Lirunex publishes a complete account comparison table — minimum deposit, leverage by asset class, commission and spreads for each tier. Most brokers in this catalogue do not, and the absence is usually where unpleasant surprises hide.

The second needs stating plainly: its UK registration has lapsed. LIRUNEX LTD appears on the FCA register under FRN 792308 with status No longer authorised, effective 1 February 2023. The Cyprus and UAE licences are current; the UK one is not.

Overview Table

Facts List

• CySEC licence 338/17 held by Lirunex Ltd, verified on the register [CySEC]
• Cyprus company number HE 353862
• Active UAE licence CP-0001614
• FCA registration FRN 792308 shows No longer authorised since 1 February 2023
• Publishes a full account comparison table including commission and leverage by asset class
• LX-Standard: €/$300 minimum, zero commission, spreads from 2 pips
• LX-Prime: €/$1,000 minimum, €8 per round-turn lot, tighter spreads
• Retail leverage capped at 1:30 on major FX in line with MiFID II
• Negative balance protection offered to all retail clients
• Client funds held in segregated accounts with regulated credit institutions

Key Takeaways

• CySEC 338/17 verified on the register, and an active UAE licence alongside it. [CySEC]
• The UK registration is gone. FRN 792308 reads No longer authorised since February 2023 — do not treat this as a UK-regulated broker.
• Cost disclosure is genuinely good. A full published table of minimum deposit, leverage, commission and spreads per tier.
• A 36.84% retail loss rate is notably low for a CFD broker — the industry commonly discloses 70–80%.
• Retail leverage is capped at 1:30 on major FX, consistent with the Cyprus licence actually being the one used.
• Negative balance protection for all retail clients, stated explicitly.
• €20,000 ICF cover — real, but far below the UK’s £85,000.
• The €/$300 entry point is higher than zero-minimum competitors but comes with published, comparable pricing.

Licenses & Regulation

We searched by brand and by corporate name across every register we can query.

Regulatory Licences

The lapsed UK registration

The FCA record for LIRUNEX LTD is unambiguous: no longer authorised, since February 2023. Firms withdraw UK permissions for ordinary commercial reasons all the time, and post-Brexit many EU brokers did exactly this rather than maintain a UK entity for a small client base. It is not, by itself, evidence of anything wrong.

What it does mean is concrete. There is no FSCS cover, no FCA complaints route, and no UK client money regime. If you encounter marketing or third-party listings describing Lirunex as FCA-regulated, that information is out of date — check FRN 792308 yourself and you will see the same status we did.

What the leverage cap tells us

Lirunex publishes retail leverage of 1:30 on major FX pairs, 1:20 on minors, gold and major indices, 1:10 on other commodities and 1:5 on shares. Those are precisely the MiFID II product-intervention caps, which is a good sign: it indicates the Cyprus licence is the one actually onboarding retail clients rather than a badge in the footer while an offshore entity takes the account. Compare that with brokers advertising 1:500 or 1:2000 under a European licence.

As a Cyprus Investment Firm, client money must be held separately from the firm’s own, and eligible claims are covered by the Cyprus Investor Compensation Fund up to €20,000 per client if the firm fails. That is real protection, and materially less than the UK’s £85,000 — worth knowing if you are comparing against a UK-authorised broker.

One licence, two websites, two different loss figures

We fetched lirunex.eu from ten countries and it is byte-identical in all of them — Lirunex does not route by country. It routes by domain, and that is where the differences live. We verified each of the following ourselves.

The first two rows are the same company. Same registered name, same Cyprus company number, same CySEC licence — publishing two different mandatory retail loss disclosures at the same time, from two different registered addresses. That figure is a regulated number derived from the firm’s own client outcomes; it cannot be both 36.84% and 85.71%. lirunex.eu itself announces the move: “Lirunex is changing trading name, namely, LX Prime.”

Whichever is accurate, one of the two sites is showing a prospective client the wrong number — and 85.71% is a materially worse proposition than 36.84%.

The offshore site is where the leverage lives

lirunex.com carries no retail loss disclosure at all and advertises 1:1000 leverage — 33 times the cap the Cyprus licence permits. It is served to every country we checked, including from the UK, so this is not a page you have to go looking for.

Its three named entities are worth reading carefully. The UAE licence (Capital Market Authority 20200000423) is Category 5 — “Financial Consultation and Introduction of Financial Services only”, and the site states it “does not provide investment advice, execute transactions on behalf of clients, or manage client funds or assets.” That is not a brokerage authorisation, and it sits on a page headed “Regulations and Licenses”. The Hong Kong entity’s only stated credential is an MT4 Main Label License from MetaQuotes — a software vendor agreement, printed in the same block as the financial licences.

A regulated site advertising an entity that does not exist online

lirunex.eu’s own header links to labuan.lirunex.com, described as “authorised and regulated by Labuan FSA, under license number MB/20/0050”. That host does not resolve. We confirmed it by DNS and through the proxy from two countries. A live CySEC-regulated site is advertising a regulatory credential behind a dead link.

The 2% card fee is charged to European clients only

Lirunex charges 2% on every card and e-wallet deposit on lirunex.eu, and its own footnote is explicit that this is “Lirunex service fee” rather than the bank’s. On lirunex.com the same group charges 0% on card deposits. A €300 card deposit costs a European client €6 before a trade is placed; the offshore client pays nothing.

Withdrawals: 6 EUR by SEPA, 35 EUR by wire, 2% by card (7–10 banking days).

One number the broker contradicts itself on

The account table’s commission row reads “Commission per side per lot €8”, its own footnote says “the total commission for LX-PRIME is €/$8 per lot”, and the homepage says “$4 Commission Per Round Turn Lot”. Per-side and round-turn differ by a factor of two, and the site does not resolve which applies. Ask before funding.

How to Trade

Lirunex offers CFDs on forex, gold, indices, commodities and shares through MetaTrader, on an Instant Execution (STP/NDD) model.

Retail leverage is capped by the regulator, not chosen by the broker: 1:30 on major currency pairs, 1:20 on minors, gold and major indices, 1:10 on other commodities, 1:5 on individual shares. Any offer of higher leverage to a retail client in this jurisdiction is a signal you are being onboarded somewhere else — check which entity is opening your account.

Correction. An earlier version of this review listed MetaTrader 4 and 5 as this broker’s platforms. lirunex.eu names no trading platform anywhere — not on its homepage, account-types, instruments, deposits, regulation, contact or FAQ pages; its FAQ says only “the trading platform”. MT4 and MT5 are named solely on lirunex.com, the offshore site. We have removed the claim rather than assume the EU entity offers them.

Account Types

This is the section where Lirunex outperforms most of the catalogue, simply by publishing the numbers:

Read this as a genuine trade-off rather than a ladder. Standard has no commission but a wider spread; Prime and Pro charge commission for tighter spreads. Which is cheaper depends entirely on your volume and holding period — a high-frequency trader is usually better off paying commission, an occasional one is not. The fact that you can do that arithmetic at all, from published figures, is the point.

Negative Balance Protection

Lirunex states that it offers negative balance protection to all retail clients: if an account goes negative, the client is not pursued for the shortfall. This is required for retail clients under MiFID II, and the broker states it explicitly rather than leaving it implied.

Professional-categorised clients do not receive it. If you are offered a professional upgrade for higher leverage, this is part of what you give up.

Trading Instruments

Forex majors and minors, gold, major equity indices, other commodities and shares, all as CFDs, with leverage tiered by asset class. Lirunex publishes a leverage-and-margin reference alongside its instrument list, which lets you calculate margin requirements before opening a position rather than discovering them at execution.

Education & Analysis

Lirunex publishes reference material on account types, instruments, leverage and margin, and deposits and withdrawals. It is documentation rather than a teaching curriculum — useful for checking specifics, not for learning to trade. Broker-published commentary should be read as coming from a firm that earns on your activity.

Special Offers

We found no deposit bonus for retail clients, consistent with CySEC restrictions on promotional inducements. Lirunex does run an affiliate programme and portfolio-management offering. A bonus offered in this brand’s name to an EU resident would be a warning sign.

Opening an Account

Expect MiFID II identity and appropriateness checks. Confirm your client agreement names Lirunex Ltd and that you are being onboarded as a retail client — the published leverage caps only apply to retail categorisation.

Deposits & Withdrawals

Client funds are held in segregated accounts with regulated credit institutions. Eligible claims fall under the Cyprus ICF up to €20,000.

We could not verify specific withdrawal fees or processing times from a primary source and have not stated any. Given how well this broker documents its trading costs, it is reasonable to ask for the same clarity in writing on withdrawals before funding.

Lirunex publishes per-method deposit terms, including the fee it charges itself — which is unusual and worth crediting:

* Lirunex applies no fee; the bank or payment provider may. ** The 2% is Lirunex’s own service fee.

Withdrawals carry a 6 EUR fee. That is a real cost and one most brokers leave you to discover after funding, so publishing it counts in Lirunex’s favour even though the fee itself does not.

The card route’s 2% service fee deserves attention because it is charged on the way in. On a 1,000 EUR deposit that is 20 EUR gone before a single position is opened — more than three withdrawals’ worth of fees. The bank wire has a higher 300 EUR minimum but no Lirunex fee, so above roughly 300 EUR the wire is materially cheaper despite the slower feel.

Client funds are held in segregated accounts with regulated credit institutions, and eligible claims fall under the Cyprus ICF up to €20,000.

Verified from the broker’s own pages, July 2026

• Bank wire and SEPA deposits: minimum 300 EUR/USD, cleared in 24 hours, 0% Lirunex fee (the bank may still charge).
• Card and e-wallet deposits (Mastercard, Visa, Epay.bg, Giropay, Bancontact, Sofort, Webmoney): minimum 50 EUR/USD, 2% Lirunex service fee.
• Withdrawals: 6 EUR SEPA, 35 EUR wire, 2% card (7–10 banking days).
• Funds are returned by the method used to deposit; a different route needs compliance validation.
• The same group charges 0% on card deposits and withdrawals on its offshore site.

Customer Support

Lirunex publishes a contact page and support documentation covering deposits, withdrawals, holidays and account types. Support publishes a Cyprus phone line with stated hours of Monday to Friday, 08:00–17:00, alongside an email address and a full Larnaca street address.

Prohibited Countries

With the UK registration withdrawn, UK residents are not the intended market. Eligibility otherwise depends on whether the Cyprus or the UAE entity accepts you — confirm which at signup, because the protections differ.

Conclusion

Lirunex does two things that we wish more brokers did. It publishes a complete, comparable cost table rather than a headline spread, and its retail leverage caps match the licence it claims to operate under — a small detail that quietly confirms the Cyprus entity is the one taking retail clients rather than a European badge over an offshore account. Its disclosed retail loss rate of 36.84% is also markedly below the 70–80% the industry typically reports.

Against that, the UK registration is gone. FRN 792308 has read No longer authorised since February 2023, and any listing that still calls this an FCA-regulated broker is stale. There is no FSCS cover here, and the €20,000 Cyprus ICF ceiling is a quarter of the UK’s.

Suits a European trader who wants transparent, comparable pricing and is content with Cyprus-level protection. Not the right choice for someone who specifically wants UK regulatory cover — that option existed here once and does not now.

FAQ