Seeking legal advice may also be necessary to explore potential avenues for recovering lost funds. LunarCapital is a name that has been making waves in the financial world, but not necessarily for positive reasons. Traders and investors have been questioning the legitimacy of this brokerage platform, prompting us to delve deeper into the details.
LunarCapital Mobile Trading App:
TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. Trading and investing in financial instruments comes with a high degree of risk and you can lose money.
This cost-effectiveness, combined with flexible account types, makes it a suitable option for traders with different levels of experience and trading styles. Additionally, LunarCapital supports a wide range of payment methods and multiple account currencies, ensuring convenient deposits and withdrawals. LunarCapital stands out in the competitive world of online trading for several compelling reasons. First and foremost, its commitment to providing a secure and regulated trading environment ensures that your investments are protected under strict regulatory oversight. This broker is ideal for traders seeking a wide variety of trading instruments, as LunarCapital offers over 300 assets, including forex, commodities, indices, shares, and cryptocurrencies. LunarCapital, regulated under the Seychelles Financial Services Authority, offers a wide range of trading instruments, including forex, futures, commodities, shares, and indices.
See what reviewers are saying
The broker emphasizes efficiency and transparency, ensuring that clients can fund their accounts and access their funds with minimal hassle. One of the major advantages of LunarCapital is that it does not charge any fees for deposits. This means you can fund your trading account without incurring any additional costs, regardless of the deposit method you choose. LunarCapital supports a variety of deposit options, including credit/debit cards, bank wire transfers, and popular e-wallets like Skrill and Neteller.
- The WebTrader provides all the essential features of the desktop version, including advanced charting tools, automated trading options, and fast order execution.
- LunarCapital is a globally recognized online trading broker that offers a wide range of financial instruments and a user-friendly trading environment suitable for both novice and professional traders.
- LunarCapital received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
- MT4 offers various features, including technical analysis tools, automated trading capabilities, and a user-friendly interface.
- This free option allows you to test LunarCapital’s spreads, quotes, and trading instruments in a risk-free environment.
The broker has streamlined the registration procedure, ensuring that clients can begin trading with minimal delay while still adhering to necessary regulatory requirements. If you find yourself a victim of LunarCapital’s questionable practices, it’s essential to take action. Contact your bank or credit card company to report any unauthorized transactions. Additionally, report the incident to relevant financial authorities and regulatory bodies.
The broker is operated by Tradeco Limited and offers negative balance protection. While it holds regulatory status, the offshore nature of the license places it in a lower regulatory tier compared to more established jurisdictions. We have compared the range of assets and markets supported by LunarCapital with its competitors, making it easier for you to find the perfect fit. With some time learning on how to trade better and accumulating a capital, I think this place is good to stay for trading there for a long period of time. It’s a good broker with nice trading conditions and everything works well with the processes very simplified. If you are interested in trading online, you can take a look at our best trading brokers for some options.
Deposit Methods
Trading education, which was really helpful at the beginning. Mostly, articles on trading psychology and risk management. LunarCapital operates under the regulatory oversight of the Seychelles Financial Services Authority (FSA), holding https://lunarcapital.team/ the license number SD029. While this indicates a level of regulatory compliance, it’s important to note that the FSA is considered a Tier-3 regulator. Verification can help ensure real people are writing the reviews you read on Trustpilot.
The broker’s offshore regulation means it may not adhere to the same standards as brokers regulated by Tier-1 authorities. This lack of stringent oversight can lead to potential issues with fund security and dispute resolution. Hi Alex Krouglov,Thank you for sharing your positive experience with Emma. We’re proud to have such a dedicated and helpful team member, and we’re glad to hear that they were able to assist you on your trading journey.
Every broker review undergoes a rigorous self-testing process, where our analysts actively trade on the platforms under review. LunarCapital review This hands-on approach allows us to assess the broker’s performance across key areas such as execution quality, platform usability, fee structures, and customer support. By engaging with the platforms ourselves, we provide insights that are both practical and trustworthy. Yes, LunarCapital is suitable for beginner traders, offering user-friendly platforms, educational resources, and a demo account to help new traders learn and practice.
- Trading and investing in financial instruments comes with a high degree of risk and you can lose money.
- We have compared the range of assets and markets supported by LunarCapital with its competitors, making it easier for you to find the perfect fit.
- By considering the needs of both novice and professional traders, we deliver well-rounded evaluations that highlight both the strengths and areas for improvement for each broker.
- You should avoid dealing with this firm and beware of potential scams.
- Plus, you’ll be trading on the industry-leading MetaTrader 4 platform, known for its fast execution and robust features.
- The training programs are designed based on tools for traders of all levels, from “beginner to advanced.”
Withdraw Fees at LunarCapital
Hi Tama Stenzel,We really appreciate you sharing your LunarCapital experience with us! Withdrawals via bank wire payment option takes too long to process. They cannot provide any details regarding their regulations and registrations. They don’t have any reputation for being an authentic broker. These products are traded on margin and carry a high level of risk and it is possible to lose all your capital. They may not be suitable for everyone and you should ensure that you understand the risks involved.
Traders can contact the customer support team via email at , and they will reply within 24 hours. LunarCapital’s commitment to providing a wealth of educational resources and market analysis research is evident. These tools empower traders with the knowledge and insights necessary to navigate the complexities of the financial markets. Whether traders are seeking to improve their trading skills, stay updated on market events, or expand their trading strategies, LunarCapital offers a comprehensive suite of resources to meet their needs. That is why you should only invest money that you are prepared — or can afford — to lose at such high risks.
In this review, we aim to uncover the truth about LunarCapital and whether it is a reliable platform for trading or a potential scam. The leverage level can be adjusted to suit the specific requirements of traders, allowing them to take control of their trading strategies. For instance, a forex trader with $250 in their account can take a position worth up to $250,000 through leveraging. LunarCapital’s top priority is to ensure security and reliability for their clients as well as offering round-the-clock customer service for quick resolution of traders’ queries.
Regulation and Its Implications for Investors:
All research on various indicators, oscillators, smart robots, and artificial intelligence is conducted separately from our advertising department. Yes, LunarCapital offers multiple promotions, such as a 100% Supercharger Bonus, 40% Takeoff Bonus, and a 20% Welcome Reward, with maximum payouts up to $4,000. Traders can access 300+ instruments across Forex, Metals, Commodities, Indices, Shares, and Futures, all via CFDs. LunarCapital is a Seychelles-based Forex and CFD broker established in 2018. It operates under the brand name of Tradeco Limited and is licensed by the FSA (Financial Services Authority of Seychelles). Here’s a balanced look at the Advantages and disadvantages of trading with the broker.
The broker offers multiple contact methods and strives to address queries and issues efficiently. For those wary of LunarCapital’s practices, exploring alternative brokers with proven track records and positive user feedback is advisable. Some reputable brokers known for their transparency and reliability include eToro, IG, and TD Ameritrade.
Conducting thorough research before selecting a brokerage platform is crucial for a secure trading experience. LunarCapital received a score of 6/10, reflecting an average offering in terms of trading platforms and tools. The broker covers essential functionality but may fall short in some advanced features or platform diversity compared to leading competitors. As we discovered, LunarCapital does not offer RAW/ECN accounts, which might be a drawback for transparency and liquidity.
Traders are encouraged to explore alternative brokers with a solid reputation and a history of positive user experiences to safeguard their investments and ensure a secure trading environment. LunarCapital offers both fixed and floating spreads, and these may vary depending on the type of trading account and the market conditions. Traders who need more stability during trading can choose the fixed spread account because fixed spreads help to reduce their trading costs. The broker provides various financial instruments, including forex, metals, futures, commodities, shares, and indices. Most of these instruments have tight spreads, which makes trading with LunarCapital a cost-effective option. While no trading platform is entirely risk-free, LunarCapital’s commitment to regulation, transparency, and client protection contributes to its reputation as a safe and reliable choice for traders.