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Quantity 16
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Regulatory Index0.00
Business Index6.00
Risk Management Index0.00
Software Index6.13
License Index0.00
No valid regulatory information, please be aware of the risk
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Company Name
Lunboux Limited
Company Abbreviation
Lunboux
Platform registered country and region
Hong Kong
Company website
Company summary
Pyramid scheme complaint
Expose
They make your transaction losing a lot on May 26th. It is a fraud platform.
Close your positions without asking no matter which way you invest you lose, money dragging platform, I lost $87,500 in one day, closed 5 positions just asking me to put more money. Total scam
I will not allow these crooks to defraud any more people they stopped my access to my account and wouldn't let me reset password options. They received my $37,000 Ethereum deposit and said it never showed up on their end. There was no way I could prove they received the cash until assetsclaimback recovery agency stepped in and helped me get my money back. Lunboux Limited is not the company they claim to be.
Lunboux are still going strong, doing their best to do their thing. This has to be the worst company in history. They are scammers and will take all your money and refuse to answer your emails or phone calls. My account manager is a bad guy only if he's a real person. This partner company refused to pay me the full $3600000 and never returned my calls I was locked out of my account shortly after deposit and had to use AssetsClaimBack recovery service to get a refund. Continue posting about Lunboux , so people know how angry they are
The customer service is bullshiting!! Fraud platform!!! It will cost you everything.
I realized there was no guarantee I'd receive my money back if I paid the insurance premiums they required, so I filed a chargeback with assetsclaimback/ com, and my money was quickly delivered to my pocket. Lunboux should be avoided at all costs. I had a lot of money in my Lunboux account, and I would have lost it all if I hadn't done my research and found this firm.
According to the Australian Cyber Security Centre, Lunboux is a fraud. Do not open any emails from Lunboux ; they are either from the India or turkey bunch of scammers. Be advised that filing a complaint with AssetsClaimBack advisor may be helpful to victims. They employ spoofing technology to pretend to be calling from the nation you live in, so do not answer any of their calls Lunboux should be avoided by all means.
With grandiose claims, one of the biggest con artists of our time. Don't be duped. They operate as a firm and brokers under several identities, with the majority of its members being from West Africa. They pretend to be from the United Kingdom or Australia. They solely use IP phones to communicate. Will ask you to start with a modest amount of money and then will demand tax, agency fees, and other expenses upon withdrawal. You keep paying until everything is gone. Be aware they use fictitious names and images. Initially I suffered a significant loss.
A female liar mentor named "Gao Xinyue" on Facebook in the United States took me to the Lunbu trap!
I put the money in Lunboux on MT5 and then they replaced it with Element Finance Limited, I put USD $8500. When I found out it was a scam, I wanted to withdraw it, but the customer service told me that it would take 3 times the turnover to claim it, I said it was illegal and the next day I lost all my money, I hope everyone is careful. Their latest URL is https://trader.elementfxvip.com
Complete Scam, Taken all my saving, apparently my account is in Profit yet I cannot get my funds back. As soon as I wanted to close my account the account Manager Jonathan Jeffery became hostile and withdrew all my funds, I have no idea where my money is. Their certificate and license are false, phone numbers are false, Australian address is false, I have notified all authorities of this scam . DO NOT INVEST WITH THIS COMPANY
Just let you keep depositing and say that you can withdraw when you deposit to the next level, and follow the customer service's instruction to deposit. After the deposit is paid, the deposit is paid and the deposit still cannot be withdrawn. The customer service said that the transaction volume must reach 80% of the balance before the withdrawal can be made. Just trade in the morning of May 25, 2022 and lose 182,000 US dollars for about 1 minute. All the money are gone! It's just romance scam, just make you lose money, don't trade on this platform! Fake! ! ! I have my own account and also pay the margin. Why does the platform make things difficult for investors again and again! If you are not allowed to withdraw, if you are forced to trade, you can only withdraw if you lose money, which is a romance scam! ! !
I made a deposit of US$9,000 with the company. They refused to approve my withdrawal unless I pay 10% tax to get my profit. It's all a scam. It's extremely despicable.
I called them everyday for a week and requested for my money to be returned, the account manager refused to contact me the whole time so i closed all my positions and put through a withdrawal request they kept delaying me till the finances retrieved by fintrack /org further exposed the malicious intention of Lunboux Limited, they will do anything to try and make you lose your money to them.
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.
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
General Information
Registered in Hong Kong, Lunboux claims to be an online forex and CFD broker providing traders a series of trading instruments including 62 currency pairs and precious metals.
Lunboux is owned and operated by Lunboux Limited, a Hong Kong-based company.
Lunboux is not authorized or regulated by any regulatory authorities to conduct forex and CFD trading services. Please be aware of the risk involved.
Market Instruments
Lunboux hypes that traders can trade over 72 classes of trading assets, including Foreign Exchange, Metals, Commodities, Gold, Silver and CFD products through MetaTrader 5 and cTrader.
Five classes of trading assets, including Forex Pairs, Indices, Commodities, Treasuries, Equities are all available through the 4T brokerage platform.
How to open an account with Lunboux?
Both live and demo account can be opened easily with the Lunboux platform. A demo account is here for beginners to get a feel of this platform and practice their trading skills. To open a live account, a few steps are listed below:
1. Click on the “OPEN AN ACCOUNT” link on the homepage of the Lunboux website.
2. Fill in some required details and upload your personal document for verification.
3. After approval, your account will be registered successfully.
4. Fund your account and start to trade on this platform.
Spreads & Commissions
Lunboux advertise that it offers competitive spreads, as low as 0.1 pips. However, further spread details are not disclosed.
Leverage
When it comes to leverage, Lunboux permits traders to use leverage of up to 1:300, which is significantly higher than the levels regarded appropriate by many regulators.
Bear in mind that high leverage is not necessarily the good thing, as it can magnify gains as well as losses.
Trading Platform
Lunboux offers its clients the access to popular MT5 trading platform that can be available for Desktop, Mobile and Web terminals.
Traders can quickly analyze market activity, place trades, and integrate automated systems thanks to this powerful platform's convenient workspace (Expert Advisors). Everything you need to begin trading on the financial markets, including all of the above features, is available in a single, convenient interface.
Customer Support
Traders with any inquiries or trading-related issues can get in touch with Lunboux through the following channels:
Line
Risk Warning
There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.
The information presented in this article is intended solely for reference purposes.
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