Home -
-
Main body -

WikiFX Express

TMGM
Exness
GTCFX
XM
EC markets
SBCFX
FXTM
AvaTrade
FOREX.com
IC

Lugano Trade

WikiFX | 2026-04-20 23:09

Abstract:Established in 2021 and registered in Switzerland, Lugano Trade is a forex broker, offering various market instruments on cryptos, forex, commodities on the MT4 platform. However, Lugano Trade operates without regulatory oversight from any reputable financial body.

Note: Lugano Trade's official website: https://www.luganotrade.com is currently inaccessible normally.

Lugano TradeReview Summary
Founded2021
Registered Country/RegionSwitzerland
RegulationUnregulated
Market InstrumentsCryptos, forex, commodities
Demo Account✅
Leverage1:1000
Spread/
Trading PlatformMT4
Min Deposit$2 500
Customer SupportTel: +44 (0) 131 608-0839
Email: Support@LuganoTrade.com

Established in 2021 and registered in Switzerland, Lugano Trade is a forex broker, offering various market instruments on cryptos, forex, commodities on the MT4 platform. However, Lugano Trade operates without regulatory oversight from any reputable financial body.

Pros and Cons

ProsCons
Demo accountsUnregulated status
Multiple account typesInaccessible website
MT4 suppportedLimited trading assets
Popular payment optionsExtremely high minimum deposit
No deposit feesWithdrawal fee charged
Inactivity fee charged

Is Lugano Trade Legit?

No, Lugano Trade is not regulated currently. Please be aware of the risk!

No license

What Can I Trade on Lugano Trade?

Tradable Instruments Supported
Forex✔
Commodities✔
Cryptos✔
Indices❌
Stocks❌
Bonds❌
Options❌
ETFs❌

Account Type

Lugano Trade offers 4 different account types – Silver, Gold, Platinum and Diamond. The minimum initial deposit for the Silver account is $ 2,500. This is outrageously high. The other accounts also have high initial deposits – $10,000, $50,000 and $100,000 respectively.

Account TypeMin Deposit
Silver$ 2,500
Gold$10,000
Platinum$50,000
Diamond$100,000

Moreover, Lugano Trade offers a demo account.

Leverage

Lugano Trade offers leverage of 1:1000 for traders. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Trading Platform

The trading software that Lugano Trade offers to its clients is the MetaTrader 4 platform.

Trading PlatformSupported Available Devices Suitable for
MT4✔/Beginners
MT5❌/Experienced traders

Deposit and Withdrawal

Clients of Lugano Tradex may deposit or withdraw via wire transfer, VISA, MasterCard, Skrill, Neteller, Fasapay and Load.

Payment MethodMin DepositDeposit FeeWithdrawal FeeDeposit Processing Time
Wire transfer250 EUR/USD❌0.5% except in cases where this percentage equals or is below $302-15 business days
VISA, MasterCard, Skrill, Neteller, Fasapay and Load50 EUR/USD❌Instant or up to 30 minutes

Fees

If the trader‘s account stays inactive for 3 months (91 days), then an inactivity fee of 30 EUR/USD/GBPwill be applied or 1% of client’s total deposit amount whichever is greater.

Related broker

Not Regulated
Lugano Trade
Company name:Lugano Trade Limited
Score
1.66
5-10 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.66

WikiFX Express

TMGM
Exness
GTCFX
XM
EC markets
SBCFX
FXTM
AvaTrade
FOREX.com
IC

WikiFX Broker

FXTM

FXTM

Regulated
XM

XM

Regulated
FXCM

FXCM

Regulated
DBG MARKETS

DBG MARKETS

Regulated
AvaTrade

AvaTrade

Regulated
GTCFX

GTCFX

Regulated
FXTM

FXTM

Regulated
XM

XM

Regulated
FXCM

FXCM

Regulated
DBG MARKETS

DBG MARKETS

Regulated
AvaTrade

AvaTrade

Regulated
GTCFX

GTCFX

Regulated

WikiFX Broker

FXTM

FXTM

Regulated
XM

XM

Regulated
FXCM

FXCM

Regulated
DBG MARKETS

DBG MARKETS

Regulated
AvaTrade

AvaTrade

Regulated
GTCFX

GTCFX

Regulated
FXTM

FXTM

Regulated
XM

XM

Regulated
FXCM

FXCM

Regulated
DBG MARKETS

DBG MARKETS

Regulated
AvaTrade

AvaTrade

Regulated
GTCFX

GTCFX

Regulated

Latest News

FINEX Review: A+++ Rating Does Not Remove Risks - How to Read Spread, Withdrawals & Other Aspects

WikiFX
2026-08-14 18:09

Ringgit climbs vs US dollar as markets await inflation data

WikiFX
2026-08-14 16:00

Vestrado Review: A 4.84 Score, an Offshore Base and an FSCA Status Worth Verifying

WikiFX
2026-08-14 13:00

BX Trade Review: Is a $1 Minimum Deposit Worth the No-Regulation Risk?

WikiFX
2026-08-14 11:30

Singapore Nabs 270 Suspects in RM17 Million Scam Bust

WikiFX
2026-08-14 13:04

Fizmo Fx Markets Review 2026: Unregulated Status and Withdrawal Complaints

WikiFX
2026-08-14 12:00

Why Elections Make Currencies Swing Harder Than You Expect

WikiFX
2026-08-14 16:00

Tier 1 Liquidity Forex in 2026: What Institutional Really Means for a Broker

WikiFX
2026-08-14 17:20

Just Markets Review: 1.82 Score and No Regulation Despite Positive Reviews

WikiFX
2026-08-14 17:00

Why Importers Panic When Dollars Dry Up, and Why You Should Care

WikiFX
2026-08-14 16:00

Rate Calc

USD
CNY
Current Rate: 0

Amount

USD

Available

CNY
Calculate

You may also like

expertrade

expertrade

Smartfinpro

Smartfinpro

Meryon

Meryon

360 Trusted Market

360 Trusted Market

Bixerydigital Pro

Bixerydigital Pro

Glasser Trade Capital

Glasser Trade Capital

Prism Horizones

Prism Horizones

Fxrk Equity

Fxrk Equity

Flow Markets Ltd

Flow Markets Ltd

Flow Markets

Flow Markets