Abstract:Luno TradeFx is allegedly a legal company registered in the USA and Panama. It also claims that it is an automatic online investment platform, part of Luno TradeFx – team of professional traders focusing mainly on Bitcoin and other cryptocurrencies, providing an innovative trading platform and investment services to the clients all around the world.
General Information
Luno TradeFx is allegedly a legal company registered in the USA and Panama. It also claims that it is an automatic online investment platform, part of Luno TradeFx – team of professional traders focusing mainly on Bitcoin and other cryptocurrencies, providing an innovative trading platform and investment services to the clients all around the world.
Market Instruments
Luno TradeFx advertises that it offers trading over multiple exchanges and markets, mainly on tradable assets like Bitcoin and other cryptocurrencies.
Account Types
Instead of account types, Luno TradeFx provides four different mining plans – Beginner (24h), Pro (2 days), Gold (3 days) and Ultimate (3 days) with the minimum initial deposit requirements of $500, $1,000, $5,000 and $10,000 and the maximum deposit amount of $10,000, $30,000, $100,000 and unlimited.
Commissions
Luno TradeFxs official website shows that it offers 2 level referral commissions. The first level gives a referral commission of 4%, while the second level is only 1%. The broker also claims that if someone registers through your referral link, he automatically becomes your referral and you will receive 4% referral commission for every deposit that your direct referral makes from his wallet.
Deposit & Withdrawal
We can‘t find anything about deposit and withdrawal methods on Luno TradeFx’s official website in the absence of login, instead, the site shows that this broker offers instant withdrawal and there is no minimum withdrawal, no fee for withdrawals of hourly interest as well.
Customer Support
Luno TradeFx‘s customer support can be reached through live chat or send messages at https://lunotradefx.com/. However, this broker doesn’t provide any more direct contact information about phone number, email and company address while most brokers offer.
A Malaysian night market vendor has lost RM500,000 which is the entirety of his and his wife’s life savings after falling prey to a fraudulent foreign exchange investment scheme registered in Seychelles, East Africa.
The Australian Securities and Investments Commission (ASIC) has banned Peter Aardoom, the director of JB Markets, for eight years from associating with any financial services firm. This ban follows a series of regulatory actions against JB Markets, which included the cancellation of its Australian Financial Services (AFS) license less than a year ago.
Master Forex trading with the most effective technical indicators like RSI, MACD, and Bollinger Bands to spot trends and boost profits in 2025.
Choosing a reliable broker that offers competitive conditions and robust security is essential. X Charter, a Belize-registered brokerage, claims to offer a comprehensive trading platform for Forex, CFDs on Shares, Futures, Indices, Metals, and Energy. However, with its unregulated status and some concerning features, potential traders must carefully assess the risks before opening an account.