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