Lunbgold Review : Fees, Pros and Cons, Reviews by Real Traders

Lunbgold

Operating status: SCAM

Website: https://www.lunbgold.com/en/index1.html

Broker violations and abnormal records

Oct 07, 2022 BrokersView has Reviewed that Lunbgold is an Unregulated Forex Broker
Lunbgold claims to be a reliable firm while presenting neither details about its company information (company full name, company logo) and regulation, nor legal documents (terms & conditions, risk disclosure and privacy policy, etc.). Lacking the above information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. It is a red flag here.
Besides, this broker presents its awards earned from 2015 to 2019. But when we check its domain, we found it was newly created on 2th Sep 2022. So how could it earn those award in such early years?
Moreover, Lunbgold shows its company address is in Hong Kong. As forex traders, you should know that all regulated forex brokers in Hong Kong are monitored by the Hong Kong Securities And Futures Commission (HK SFC). However, we did not find any match results Lunbgold in HK SFC.
The truth is that Lunbgold is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

Lunbgold claims to be a reliable firm while presenting neither details about its company information (company full name, company logo) and regulation, nor legal documents (terms & conditions, risk disclosure and privacy policy, etc.). Lacking the above information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. It is a red flag here.Besides, this broker presents its awards earned from 2015 to 2019. But when we check its domain, we found it was newly created on 2th Sep 2022. So how could it earn those award in such early years?Moreover, Lunbgold shows its company address is in Hong Kong. As forex traders, you should know that all regulated forex brokers in Hong Kong are monitored by the Hong Kong Securities And Futures Commission (HK SFC). However, we did not find any match results Lunbgold in HK SFC.The truth is that Lunbgold is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
Dec 08, 2022 BrokersView has found that Lunbgold is not working
BrokersView found the domain "https://www.lunbgold.com/en/index1.html" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

BrokersView found the domain "https://www.lunbgold.com/en/index1.html" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

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