This is confirmed by the narrow spreads and lack of commissions. A real intermediary earns through commissions, but here it’s different. So, there’s no point in working with such a company; it will work against you. LunarCapital also offers a separate terminal for copying trades. Clients can connect to other traders to copy their trades or become providers for other users. However, to check this feature, verification must be completed.
Client Reviews
The access to 350+ assets, low trade commissions, fewer costs, CFDs trading, efficient trading platforms like MetaTrader4, web trading, and mobile trading. 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. On platforms like Trustpilot, LunarCapital has an average rating of 3.9 based on 155 reviews.
LunarCapital Deposit and Withdrawal Policies
Hi Jane,We are so glad to see that you are satisfied with our LunarCapital platform! I fell for the online AI fake news stories that celebrities where making loads of money from investing £200. Everyone was really nice that I spoke to and Sunny Gordon was excellent but after a week or so he rang and asked if I was ready to invest more. I was not in any position to do this as I’d said right from my first phone call with him. So he explained nicely that I would be better to close my account and keep my money, I made £30. Almost all firms and individuals must be authorised by us if they offer, promote or sell financial products or services in the UK.
You should avoid dealing with this firm and beware of potential scams. Notably, the FCA has issued a warning against LunarCapital, stating that the firm may be providing financial services or products without proper authorization. This warning implies that LunarCapital is not permitted to offer services to UK residents and lacks the protections afforded by FCA regulation. I’ve found LunarCapital’s platform to be intuitive and, as a broker,, reliable. I appreciate its transparency, which makes it easy for everyone to explore its trading terms and offerings in general.
- Those are the most reputable ones with very strict rules.
- When registering, clients can choose between Standard, Premium, or Privilege accounts, as well as a cent account.
- To open any of these accounts, you must have at least $200.
- Next, LunarCapital informs that the application is under review, but after this, the personal cabinet is still open.
LunarCapital.com is a fake platform, and they are ignoring me! You shouldn’t trust such firms because they operate without serious regulation. The platform could work against you, Lunar Capital forex brokers reviews and believe me, it will. There are plenty of images, but they all look the same and seem generic. Smiling faces, phones supposedly displaying trading success, and typical stock graphics with harsh colors — all of this does not inspire trust.
Most other features are unavailable, and educational materials are of poor quality. Another surprisingly good thing about this broker is that it offers the MT4 platform. Very high efficiency, fast executions and vast trading tools.
However, the full-featured mobile version is only partially supported. Even if the broker is regulated it still doesn’t mean it’s genuine. That’s why you look for Tier 1 regulation, which LunarCapital doesn’t have. They are a highly risky broker with a very quickly deserved bad reputation. Scammers employ persuasive tactics to convince you to make an initial minimum deposit. They entice with promises of doubling the deposit within 24 hours and similar claims.
Deposit, Withdrawal, and Fees
- Everyone was really nice that I spoke to and Sunny Gordon was excellent but after a week or so he rang and asked if I was ready to invest more.
- You can also expose broker scams you have encountered to warn others not to fall into their trap.
- An SFSA license doesn’t provide the same level of protection for traders’ rights.
- We’re glad to hear you’ve had a good experience using our platform.
It’s advisable to conduct thorough research and consider brokers regulated by Tier-1 authorities to ensure greater protection and peace of mind. Dear muhammed ,Thank you for taking the time to share your thoughts! We’re thrilled to hear that you’re interested in our bonus offerings. The promotion you mentioned is the 100% Supercharge Bonus, which effectively doubles your trading funds. For instance, when you deposit $200, you receive an additional $200 as a bonus. If you have any questions or would like more information about how this bonus works, please don’t hesitate to contact our support team.
Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. Companies on Trustpilot can’t offer incentives or pay to hide any reviews. FCA has also issued a warning against this broker. Starting with licenses, FCA, BaFin, and ASIC are Tier 1 regulators; FSA is not.
Clients who trade with this broker enjoy the luxury of trading with fixed spreads. For the basic accounts, the spread is 1.8 pips, while the Privilege account reduces the spread to 1.1 pips. All accounts have the minimum lot size of 0.01.
The project provides spot and margin trading with a limited number of financial instruments. The management supports multiple trading platforms with different functionalities and high liquidity. The company is regulated by the offshore regulator FSA.
Verification
Considering that LunarCapital has only been in the market since 2022, this is an incredibly rapid accomplishment. Click here to see how to check if a broker is safe and what to do if you encounter a scam broker. To sum up, I think LunarCapital (Tradeco Limited) is not a safe enough forex broker. Click here to recognize common investment trading scams to avoid being scammed. LunarCapital operates under the regulatory oversight of the Seychelles Financial Services Authority (FSA), holding the license number SD029.
In addition, its low fees and costs make it a good choice for beginners and professionals. Traders of LunarCapital can advance their knowledge with the services of the broker. This will help traders have skillful and smart trades, keep learning with market updates and have a better understanding of the forex market investments. You can discuss forex and cryptocurrency related news, ideas, strategies and analysis here.
Wefunder Review
LunarCapital is an online trading platform that offers access to various financial instruments, including forex, commodities, indices, shares, and futures. Operated by Tradeco Limited, LunarCapital has garnered attention in the trading community. This article delves into the legitimacy of LunarCapital, examining its regulatory status, user experiences, and operational practices. The interface of the personal cabinet is similar to the official website.
Some users praise the platform for its ease of use and responsive customer https://lunarcapital.net/ service. For instance, one user noted that withdrawals were processed efficiently, and the platform was user-friendly. The minimum deposit requirement for investing with LunarCapital may vary according to the trading conditions and account types.
