LunoFx claims that it is registered in the UK and indicates the address of its head office in London. Besides, the company positions itself as the recognized No. 1 in the financial trading market in the UK. However, the broker does not disclose any information about the site owners, its licensing, history, or start date. As for the domain, it was only registered in November 2023.
How safe can you trade on this platform? We will analyze the legal documents and check the technical aspects of the broker, and then share our conclusion about the reliability of the service.
LunoFx provides clients with an author’s trading platform that functions on desktop computers, tablets, and other mobile devices. You can trade in real-time more than 1000 assets. Professional trading instruments are represented, such as stocks, CFDs, cryptocurrencies, Forex, and many others.
The company has developed 7 tariff plans sorted by minimum deposit. Each subsequent account level includes a set of services of the previous one. You have the right to choose the type of account from the following options:
- Bronze from $2,500 – Dedicated Account Manager, Clarification platform, LunoFx Algo trading bot, Basic Market Disclosure, Risk Management Explanation, Education Center.
- Silver from $5,000 – additional Trade Alerts.
- Gold from $10,000 – plus Professional Development Courses.
- Premium from $25,000 – added Managed Account, Urgent and Free Withdrawals, Higher Leverage.
- Platinum from $50,000 – Risk-free trades, VIP Events, Financial Plan, Premium Platform, Independent Contracting.
- VIP Exclusive from $100,001 – Terms will only be presented after invitation to the Closed Group.
- CEO Management, from $500,001 – services are outlined in the invitation to the Closed Group.
LunoFx does not disclose technical parameters of its functionality, such as leverage sizes, spreads, commissions, and others. All account types include access to a terminal with live streaming of financial market data and customisable charts. You can deposit via Visa, Diners Club, Mastercard, or AMEX or withdraw via methods such as bitcoins, bank cards, and e-wallets.
Professional training is provided at LunoFx for all levels of traders with all levels of experience. The company promises to provide clients with daily access to basic signals, live webinars, fundamental/technical analysis lessons, and risk management tools. Tech support is ready to answer your queries on the website via the feedback form.
Would investing in LunoFx offer the best returns?
You can easily lose money rather than make money on this platform with a minimum deposit requirement of $2,500. You should be aware of the huge financial risks you are exposing yourself to by agreeing to cooperate with an anonymous broker in CFD trading.
Does LunoFx carry out withdrawals?
Our research has shown that this company has no obligation to fulfill its commitments to its clients. You may be lucky to withdraw small amounts, however, according to traders' reviews, this broker may refuse withdrawals without giving any reasons. Please share your experience of cooperation with it in the comments.
May I be scammed on lunofx.com?
This site seems very questionable to us as it lacks specific information about the owners of the company, the broker's access to the market, or liquidity providers. Scammers often take advantage of the limited transparency of project information. Our suspicions are confirmed by the cheap design and fresh domain, which do not match the image of the UK forex market leader claimed by this broker.
What's the best way to share my experience with LunoFx?
Fill out the form and we'll make sure your voice is heard.
How can I tell if it is a fraudulent company?
Do your own research and never believe those who promise you easy money.