Lunboux Limited
The company “Lunboux” announces its Chinese origin and registration in Hong Kong, where special legislation applies. The broker has registration number 3115817 and its head office is located at RM12, 19/F, Ho King Comm Ctr, 2-16 Fayuen St, Mongkok, Kowloon, Hong Kong.
It is important to note that the mere presence of a registration document does not confirm the broker’s licensing. The “Lunboux” website lacks regulatory documentation indicating mandatory regulation of its activities.
The official website lunboux.com is available in English and Chinese, but there is no Russian version. Lunboux Limited claims to ensure the safety of client funds by placing them in segregated deposit accounts in well-known global banks.
The broker’s contact information includes the aforementioned head office address, phone number, and email. There is no information available about the support service.
**Trading Conditions and Company Features**
– There is no information about account types, suggesting the presence of one real account with general trading conditions.
– The following trading conditions are presented on the website:
– Low spreads from 0.1 pips.
– Leverage of 1:300.
– 22 liquidity providers.
– Clients have access to over 70 trading assets: Forex currency pairs, metals, commodities, and CFDs. However, trading in stocks, indices, and cryptocurrencies is not available, limiting diversification opportunities.
Information about the trading platform is limited. The company claims to have advanced technologies and offers “revolutionary trading platforms” MetaTrader 5 and cTrader. However, information about mobile trading is not provided.
**Account Funding and Withdrawal**
There is no information about the rules for depositing/withdrawing funds. Additional details can be obtained from reviews about the company or by contacting customer support.
**Conclusion**
The company “Lunboux” has several negative aspects, including the lack of a license, limited information on trading conditions and the trading platform, as well as insufficient transparency regarding fund deposits/withdrawals. Positive aspects include the non-offshore origin, registration number availability, and contact information accessibility. For a complete understanding of partnering with the broker, it is recommended to review feedback and consult with an expert.
I had a disappointing experience with Lunboux Limited. The customer service was extremely unsatisfactory and slow to respond. There were hidden fees that were not made clear upon signing up, and getting a clear explanation about these charges was nearly impossible. The website is also not user-friendly making it difficult to manage my investments. It was an overall frustrating experience and I would not recommend their services at all.