Lirunex: A Licensed Broker or Another Name Exploited by Scammers?

As global interest in forex and CFD trading continues to rise, many new traders turn to platforms that appear regulated and legitimate. One name that surfaces frequently in this space is Lirunex. While Lirunex is a registered broker with licenses in several jurisdictions, there’s growing concern around impersonation scams and questionable trading experiences tied to this name. At Forteclaim Recovery Firm, we’ve received inquiries about both the legitimate operations of Lirunex and the fraudulent entities using its brand to exploit investors.

In this blog, we break down what Lirunex is, what the red flags are, and how you can protect yourself.

What is Lirunex?

Lirunex is an online trading broker offering access to forex, indices, commodities, and cryptocurrencies. The company claims to provide competitive spreads, fast trade execution, and a secure trading environment for beginners and experienced traders alike.

Lirunex operates under three regulatory jurisdictions:

• Cyprus Securities and Exchange Commission (CySEC): License No. 338/17.
• Labuan Financial Services Authority (LFSA): Malaysia-based regulatory oversight.
• Financial Services Commission (FSC) Mauritius.

These licenses, particularly from CySEC, indicate that Lirunex is technically regulated and legally permitted to operate in certain regions. However, being licensed doesn’t guarantee a flawless user experience, nor does it protect investors from impersonators misusing the Lirunex brand.

Impersonation Scams Targeting Lirunex

One of the biggest concerns surrounding Lirunex today is the unauthorized use of its name by fraudulent platforms.

Scammers have launched fake websites and CRM portals designed to mimic the look and branding of Lirunex. These sites may contact potential investors via WhatsApp, Telegram, email, or social media, presenting themselves as official representatives of the company. Once trust is gained, they solicit deposits and disappear when victims attempt to withdraw funds.

In fact, Lirunex’s official website has issued multiple warnings about these fake entities, urging users to verify domain names and only use authorized channels to conduct transactions.

Mixed Reviews From Traders

While Lirunex is not classified as an outright scam, genuine user feedback paints a mixed picture. On forums such as Forex Peace Army and MyFXBook, traders have shared both positive and negative experiences.

Positive feedback includes:

• A user-friendly interface and easy onboarding process
• Swift responses from customer service during sign-up and deposits
• MetaTrader 4 availability for both web and mobile trading

Negative reviews highlight:

• Widened spreads during periods of high volatility, making profitable trades harder
• Account freezes or slippage during key trading events
• Withdrawal delays and lack of transparency in fund movement
• Sudden changes in leverage or margin rules mid-trade

While these complaints are not unique to Lirunex—many brokers face similar challenges—they are particularly concerning when paired with active impersonation scams.

Key Red Flags to Watch For

If you’re approached by someone claiming to be from Lirunex, verify the following before engaging:

1. Check the Website Domain – The official Lirunex domain is https://lirunex.com. Anything else is likely fake.
2. Verify Licensing Details – Confirm their regulatory status on CySEC’s official site and check that the company details match the communication you received.
3. Avoid WhatsApp-Only Communication – Legitimate brokers typically use secure platforms, not personal messages to solicit investments.
4. No Pressure Tactics – A real broker will never pressure you into sending more funds, claiming you’ll lose your investment otherwise.
5. Look for Typos and Poor Design – Many scam websites are poorly written and lack basic functionality. Always scrutinize these details.

Real Cases Handled by Us

In multiple instances, Forteclaim Recovery Firm has investigated losses from victims who believed they were dealing with Lirunex, only to find they had been tricked by copycat domains or fake CRM platforms.

In one case, a user deposited over $18,000 through what appeared to be a Lirunex-branded site. He received weekly updates, saw fake profits on his dashboard, and was later asked to pay a $2,500 “clearance fee” before withdrawal. Once he paid, access to the site was blocked. Investigation revealed the platform was not affiliated with the real Lirunex in any way.

In another incident, a woman from the UK was approached by a supposed “investment consultant” via Instagram. She was shown photos of luxury lifestyle and screenshots of profit reports with the Lirunex logo. She eventually lost over £7,000 to a crypto wallet controlled by the scammer.

How to Protect Yourself

Whether you’re dealing with Lirunex or any other broker, follow these steps to avoid scams:

• Always research the platform’s license and cross-check the broker on official regulatory sites.
• Use official communication channels—avoid WhatsApp or Telegram links from strangers.
• Keep detailed records of all transactions and communications in case recovery efforts are needed.
• Never send crypto or wire funds to third parties without verifying the recipient.

Conclusion: Be Careful, Even with Regulated Names

Lirunex may be a registered broker, but that doesn’t mean every site using its name is legitimate. Scammers often piggyback on known companies to gain false credibility. At the same time, actual users have raised valid concerns about the broker’s practices.

If you’ve lost money through a fake Lirunex site or are unsure if the platform you’re dealing with is authentic, Forteclaim Recovery Firm can help you investigate. We offer case reviews, trace crypto movements, and help victims pursue financial recovery through legal and technical channels.

Stay alert. Verify every detail. And when in doubt—get a professional opinion.