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LUNEX CLOUD

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Operating status: SCAM

Website: https://lunexcloud.com/

Broker violations and abnormal records
  • 2023-08-02 The UK FCA issues a warning against LUNEX CLOUD

    On August 3, 2023, the Financial Conduct Authority (FCA) issued a warning against LUNEX CLOUD, believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/lunex-cloud

    On August 3, 2023, the Financial Conduct Authority (FCA) issued a warning against LUNEX CLOUD, believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/lunex-cloud
  • 2023-08-03 BrokersView has reviewed that LUNEX CLOUD is an unregulated broker

    LUNEX CLOUD provides an address in the UK to appear legitimate. However, the Financial Conduct Authority (FCA), the UK financial watchdog, has issued a warning against LUNEX CLOUD, cautioning the public of this unauthorized firm.

    In essence, LUNEX CLOUD is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    LUNEX CLOUD provides an address in the UK to appear legitimate. However, the Financial Conduct Authority (FCA), the UK financial watchdog, has issued a warning against LUNEX CLOUD, cautioning the public of this unauthorized firm.In essence, LUNEX CLOUD is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

Related Complaints

Q&A

Does LUNEX CLOUD offer fixed spread?

Pachara
Lebanon
2023-08-30
ANSWER If you are considering to deal with LUNEX CLOUD, we strongly suggest you drop that plan. A forex broker's regulatory compliance must be your number one focus. If a platform fails to comply with relevant rules, you should immediately steer clear of it.Put simply, LUNEX CLOUD is an unregulated platform.Although LUNEX CLOUD provides an address in the UK, it fails to seek authorization from the local financial regulatory body, the Financial Conduct Authority (FCA). The FCA has put LUNEX CLOUD on its warning list for illegally providing financial services or products in this jurisdiction without the required authorization. The full warning can be accessed here.Therefore, to safeguard investors' interests, BrokersView strongly suggest traders stay away from unlicensed broker LUNEX CLOUD. Once money and personal information held by the plaform, there are no rules in place to prevent fraud or theft. A fully regulated alternative could be a better choice for investors.
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