Score

1.40 /10
Danger

Lunboux

Hong Kong

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Add brokers

Comparison

Quantity 16

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.13

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

Lunboux Limited

Company Abbreviation

Lunboux

Platform registered country and region

Hong Kong

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-12-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 15 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
Unable to Withdraw

Dishonest company that don't allow withdrawal

They are dishonest and rude once they find out you won't be giving them any more money. In my case, they cut me off from my account after investing over $70,000 and blocked my emails & messages I filed a fintrack .org class action complaint and had my deposit sent directly into my wallet alongside the profit that was gained on my account as a result of the trading activities that were being carried out secretly using my principal.

2022-06-17 13:47
Scam

Scam and does not allow withdrawals

2 months ago, someone introduced and invited me to participate in forex investment. Since I am a newbie, I do not understand the forex market very well. But seeing how they make money, I agreed to participate. There is a support on Telegram asking me to provide personal information to open an account at BKYHYO exchange and I have deposited $1000 investment. But transfer money to another person, not deposit money on the exchange. In the last 1 month, they changed the name of the floor twice to GRAND SIGNAL MARKETS and LUNBOUX LIMITED. All brokers do not have a business license. I entered the trade and made a profit. Currently my account has 5990$. Suddenly the Telegram account of the support and the person who invited me to join at first was locked. Can't login on MT5 platform, can't find Lunboux Limited exchange name on MT5. I noticed instability so I made a withdrawal request on lunbouxltd.com. It's been 48 hours and still no approval for my withdrawal. This is a sophisticated deceptive process. Please help me get the money

2022-09-11 13:32
    Lunboux · Company summary
    LunbouxReview Summary
    Founded2-5 years
    Registered Country/RegionHong Kong
    RegulationUnregulated
    Market InstrumentsForex/Metals/Commodities/Gold/Silver/CFDs
    Demo AccountNot mentioned
    LeverageUp to 1:300
    SpreadAs low as 0.1 pips
    Trading PlatformMT5/cTrader
    Min DepositNot mentioned
    Customer SupportNot mentioned

    Lunboux Information

    Lunboux is a broker. The tradable instruments with a maximum leverage of 1:300 include forex, metals, commodities, gold, silver, and CFDs. The minimum spread is from 0.1 pips. Lunboux is still risky due to its unregulated status, high leverage, and inaccessible office website.

    Lunboux Information

    Pros and Cons

    Pros Cons
    Leverage up to 1:300Unregulated
    MT5/cTrader availableInaccessible office website
    Spread as low as 0.1 pipsUnspecific information
    Various assets

    Is Lunboux Legit?

    Lunboux is not regulated, which makes it less safe than regulated brokers.

    Is Lunboux Legit?
    Is Lunboux Legit?

    What Can I Trade in Lunboux?

    Traders can choose different investment directions because the broker provides forex, metals, commodities, gold, silver, and CFDs.

    Tradable Instruments Supported
    Forex
    Commodities
    Silver
    Gold
    Metals
    CFDs
    ETFs
    Bonds
    Mutual Funds
    What Can I Trade in Lunboux?

    Lunboux Fees

    The spread is from 0.1 pips.

    Lunboux Fees

    Leverage

    The maximum leverage is 1:300 meaning that profits and losses are magnified 300 times.

    Leverage

    Trading Platform

    Lunboux provides an authoritative MT5 and cTrader trading platform. Junior traders prefer MT4 over MT5.

    Trading PlatformSupported
    MT5
    cTrader

    Customer Support Options

    Lunboux Company is located at 2-16 Fayuen St, Ho King Comm Ctr, Mongkok, Kowloon, Hong Kong RM12 19/F. Since the official website cannot be accessed, there is no contact information.

    Contact Options Details
    Phone Not mentioned
    Supported Language English
    Website Language English
    Physical Address Mongkok, Kowloon, Hong Kong RM12 19/F, Ho King Comm Ctr, 2-16 Fayuen St
    Customer Support Options

    News

    NewsWikiFX Broker's Lunboux (lunboux.com) Review - Exposure Revealed

    We're not sure who Lunboux Limited is attempting to dupe — this is a fraud, and everything in the broker's whole presentation confirms it. We couldn't even see large portions of the website, and we couldn't create an account, which meant we couldn't learn anything about Lunboux Limited. What we can say is that the broker is unregulated, which makes them potentially harmful.

    WikiFX
    2022-06-17 16:19
    WikiFX Broker's Lunboux (lunboux.com) Review - Exposure Revealed

    User Reviews

    More

    User comment

    3

    Comments

    Write a review

    FX1172482772
    more than one year
    VERY BAD! DO NOT ANSWER! DO NOT INVEST! Their website is unavailable... Without a doubt, Lunboux is probably a scam company, don't trust them even if you would like!
    VERY BAD! DO NOT ANSWER! DO NOT INVEST! Their website is unavailable... Without a doubt, Lunboux is probably a scam company, don't trust them even if you would like!
    Translate to English
    2022-12-13 18:24
    Reply
    0
    0
    天天向上82717
    more than one year
    I was totally scammed by this broker, and they didn’t let me withdraw my money. I still have $1,289 in my trading account! Waiting so long, they haven’t given me any reasonable explanation!
    I was totally scammed by this broker, and they didn’t let me withdraw my money. I still have $1,289 in my trading account! Waiting so long, they haven’t given me any reasonable explanation!
    Translate to English
    2022-12-09 17:54
    Reply
    0
    0
    16