FAQs
Frequently Asked Questions
State of Colorado, USA
Identification Number 2026-1277700.
Yes. MSB Registration Number: 31000323879716
Lumonex’s trade desk provides execution services and trade settlement Monday through Friday during US banking hours (8:30 am – 5:00 pm EST).
Trading and settlement services are not available during US bank holidays.
Link: https://www.chicagofed.org/utilities/about-us/bank-holidays
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Lumonex is an OTC (Over the Counter) trade desk. As an OTC desk, Lumonex exclusively faces institutional clients. We offer deeper liquidity than exchanges. Lumonex sources liquidity and provides top-of-book pricing from several unique sources, including exchanges and non-exchange OTC venues. Unlike an exchange, we are NOT a custodian and are not authorized to hold customers’ fiat or crypto. Lumonex provides self-custody services by delivering fiat and real crypto assets directly to clients’ wallets and bank accounts. Exchanges are often slow, rigid, and bureaucratic, and they treat their clients like a number. Lumonex takes pride in being flexible, efficient, and responsive to the unique requirements of each client.
All Lumonex account applicants must fill out our online account application form and share the following documents:
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Company Certificate of Incorporation
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Company Memorandum and Articles of Association
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Company Employer Identification Number (EIN) shown on IRS SS-4 form
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Recent Corporate Bank Statement, which includes the Corporate address, dated within the past 90 days
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Passport or Photo ID for all owners of 25% or more of the company (if applicable)
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Proof of address for all owners of 25% or more of the company (if applicable) dated within the past 90 days
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All third-party payment requests must also include a copy of an invoice for goods sold from the vendor receiving the payment. All third-party payments require approval from Lumonex's compliance team prior to trade execution.
All potential payment and banking institutions will be reviewed on a case-by-case basis. Please share all banking details during the AML/KYC account onboarding process.
Yes, Lumonex can send and receive from third-party payment institutions. All account applicants must submit proof that they hold a Corporate Account with the Third Party Payment Institution(s) during the AML/KYC account onboarding process with Lumonex. Within the United States, Lumonex is not authorized to conduct business with entities and individuals incorporated and/or residing in the following states:
Alabama, Alaska, Hawaii, Kentucky, Louisiana, Maine, New Mexico, New York, North Carolina, Ohio, Rhode Island, South Dakota, Vermont, Washington, Puerto Rico