Complete Forex Trading Setup with Lirunex Singapore Platform

Trading platform screens on laptop and smartphone showing Lirunex charts and Open Account button

Account Registration Process for Singapore Traders

Our company provides Singapore residents with direct access to global forex markets via the Lirunex infrastructure. The registration system complies with local Singapore regulations and offers a smooth user experience. Creating an account takes approximately 10-15 minutes with valid documents at hand. Start by visiting our official site and clicking the “Create Account” button in the top-right corner. The platform auto-detects your Singapore location and displays currency values in SGD for ease of use.

Choose “Individual” unless you represent a business entity. Our registration ensures secure and compliant onboarding aligned with MAS requirements.

Account Type Minimum Deposit Commission Structure Leverage Options
LX-STANDARD SGD 100 0.8 pips spread Up to 1:500
LX-PRIME SGD 500 0.4 pips spread Up to 1:400
LX-PRO SGD 1,000 0.2 pips spread Up to 1:200
LX-CENT SGD 10 1.2 pips spread Up to 1:1000

Email Verification and Security Setup

Once you input your email, our system sends a One-Time Password (OTP) within 60 seconds for verification. Enter the code in the specified field and set a password with at least eight characters, combining uppercase letters, numbers, and symbols. This process aligns with Singapore cybersecurity standards and employs SHA-256 encryption. Credentials are stored securely with hashing algorithms compliant with MAS regulations. Data is encrypted during transmission and storage, ensuring your login details stay protected.

Document Verification Requirements

To meet Singapore’s AML and KYC laws, we require valid identification documents. Verification typically completes within 24-48 hours during working days. Accepted IDs include Singapore NRIC, passports, or employment passes for foreign nationals.

Upload clear images of your ID showing all edges. Our OCR technology automatically authenticates documents to avoid delays. Blurry or incomplete uploads will cause verification setbacks.

Address Verification Documentation

Proof of address must be recent (issued within 90 days) and from recognized Singaporean entities. Acceptable documents include utility bills from SP Group or PUB, bank statements from DBS, OCBC, or UOB, and official government letters. Rental contracts require signatures and letterheads.

Our system cross-checks addresses with Singapore postal codes to ensure accuracy. Non-English documents need certified translations. All documents are handled confidentially and deleted post-verification.

Funding Your Trading Account

Lirunex supports various deposit methods compatible with Singapore banking and payment preferences. Deposits in SGD can be made via local bank transfers, credit cards (Visa, Mastercard), and digital wallets including PayNow and GrabPay. Minimum deposits vary by account type, with LX-CENT requiring SGD 10 and LX-PRO needing SGD 1,000.

Bank transfers take 1-2 business days, while digital payments credit instantly. Deposits over SGD 500 via bank transfer incur no fees, though banks may charge standard fees. Credit card deposits have a 2.5% fee but offer immediate crediting.

Withdrawal Processing and Timeframes

Withdrawals use the same method as deposits for compliance. SGD withdrawals to Singapore banks process within 2-3 business days after approval. Our finance team operates from 9 AM to 6 PM SGT weekdays.

Withdrawal limits depend on verification status and trading history. Fully verified accounts can withdraw up to SGD 50,000 per transaction; partially verified accounts have SGD 5,000 daily limits. Additional documents are required for withdrawals exceeding SGD 100,000 within 30 days.

  • Bank transfers to local Singapore banks
  • PayNow instant transfers (SGD only)
  • Credit and debit cards (Visa, Mastercard)
  • Digital wallets (GrabPay, FavePay)
  • Cryptocurrency deposits (Bitcoin, Ethereum, USDT)

Trading Platform Navigation and Features

Our proprietary platform combines advanced charting, live market data, and automated trading tools. Available as web and mobile apps optimized for Singapore’s network, it supports multiple timeframes from 1-minute scalping to monthly trades. Traders access over 60 currency pairs, including majors, minors, and exotic pairs with SGD crosses.

Competitive spreads begin at 0.2 pips on major pairs for LX-PRO accounts. Tier-1 bank liquidity providers guarantee stable execution even during volatility.

Chart Analysis and Technical Indicators

The platform features over 80 technical indicators and drawing tools, including Moving Averages, RSI, MACD, Bollinger Bands, and Fibonacci retracements. Users can set custom chart layouts with simultaneous multiple currency pair views for correlation analysis.

Price feeds update every 100 milliseconds, ensuring precise order execution. Singapore-located servers provide low latency and 99.9% uptime through redundant infrastructure and automatic failover.

Currency Pair Typical Spread Trading Hours (SGT) Margin Requirement
EUR/USD 0.2 pips 24/5 0.5%
GBP/USD 0.3 pips 24/5 0.5%
USD/SGD 0.8 pips 24/5 1.0%
AUD/USD 0.4 pips 24/5 0.5%
USD/JPY 0.2 pips 24/5 0.5%

Risk Management Tools and Position Sizing

Our platform includes stop-loss, take-profit, and trailing stop features to manage risk effectively. Position sizing is calculated automatically based on risk percentage and account size. We advise limiting risk to 2% of your balance per trade for steady growth.

Negative balance protection prevents losses beyond deposited funds during market extremes. Margin calls trigger alerts when equity drops below 50% of margin required. Positions close automatically when equity hits 20% to prevent further loss.

Automated Trading and Copy Trading

Vikopo AI-driven copy trading connects Singapore traders with vetted strategy providers worldwide. Fees range from 15-25% of profits, with no fees on losing trades. Our platform supports Expert Advisors (EAs) using MQL4 and MQL5 languages for algorithmic trading.

We provide a marketplace of tested algorithms from verified developers and enable 24/7 automated trading without manual input.

Market Analysis and Economic Calendar

Daily market analysis covers major currencies and economic events influencing forex. Our team tracks Singapore’s GDP, inflation, and MAS policy updates. Pre-market briefings at 7 AM SGT highlight trading opportunities.

The economic calendar marks high-impact events with volatility ratings categorized as low, medium, or high. Users receive push notifications 15 minutes before key announcements affecting SGD pairs.

Educational Resources for Singapore Traders

We offer tailored educational content including video tutorials, webinars, and written material focused on Singapore traders. Monthly seminars address advanced strategies and risk management. Demo accounts with SGD 100,000 virtual funds simulate live markets for practice.

We recommend 30 days of demo trading before moving to live accounts. Resources include weekly analysis, live webinars every Tuesday at 8 PM SGT, fundamental and technical guides, and one-on-one coaching for premium users.

  • Weekly market analysis reports
  • Live webinars Tuesdays 8 PM SGT
  • Fundamental analysis guides
  • Technical video library (50+ hours)
  • One-on-one coaching for premium accounts

Customer Support and Regulatory Compliance

Our Singapore-based support team is available Monday to Friday, 8 AM to 10 PM SGT. Support is provided in English, Mandarin, and Malay to serve Singapore’s diverse traders. Live chat responses average under 30 minutes; email replies within 4 hours.

Lirunex complies with Singapore financial regulations and global forex standards. Quarterly independent audits verify operational integrity. Client funds are held in segregated accounts at tier-1 Singapore banks.

Account Security and Data Protection

We employ multi-factor authentication to secure account access. Additional measures include IP tracking, device fingerprinting, and behavioral analytics to detect unauthorized logins. All transmissions use TLS 1.3 encryption, conforming to international cybersecurity standards.

Regular penetration testing and security updates maintain platform safety. Cyber insurance and incident response plans are in place. User data is stored exclusively within Singapore, complying with local privacy laws.

Support Channel Operating Hours Response Time Languages
Live Chat 8 AM – 10 PM SGT Under 30 minutes English, Mandarin, Malay
Email Support 24/7 4 hours average English, Mandarin
Phone Support 9 AM – 6 PM SGT Immediate English
WhatsApp 8 AM – 10 PM SGT Under 1 hour English, Mandarin

Advanced Trading Features and Professional Tools

Lirunex supports professional traders with Direct Market Access (DMA) for high-volume and institutional clients. Execution speeds average 12 milliseconds for standard users and 8 milliseconds for professionals. Advanced order types include iceberg, bracket orders, and algorithmic strategies.

We offer API connectivity compatible with third-party trading software and institutional systems. FIX protocol ensures stable, low-latency automated trading connections. Platform updates occur monthly, adding features and improving performance.

Singapore traders benefit from SGD base currency accounts and interface time displays aligned to Singapore Time Zone.