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.

Regulatory Status

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.

  • However, before you take the leap, let’s dig deeper and unravel the mysteries behind this platform.
  • Another difference comes from the CENT account, which is defined in cryptos, not in fiat currency.
  • The exact operating period is not stated on the official website, but LunarCapital boasts awards received in 2022, 2023, and 2024.
  • For instance, the LunarCapital website supports 12 languages in addition to English, covering both European and Asian markets.
  • Therefore, it can be assumed that the platform was launched in 2022.

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.

UTrade Review

The broker offers both the MT4 (MetaTrader 4) and LunarCapital trading platforms. MT4 is a widely recognized and widely used platform in the industry. It has gained popularity among traders due to its robust features, user-friendly interface, and extensive range of technical analysis tools. Traders can access a variety of indicators, expert advisors, and customizable charts, making it suitable for both beginner and experienced traders.

SFSA is the governing body, and this makes its guidelines most significant for trading. They cannot provide any details regarding their regulations and registrations. They don’t have any reputation for being an authentic broker. 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.

Thus, making it easier for traders to buy and sell currencies. In conclusion, LunarCapital raises several red flags that should not be ignored. The lack of regulation, unverified performance claims, and numerous customer complaints suggest that caution is warranted when considering this platform for trading. 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. Conversely, other users have reported negative experiences. Complaints include difficulties with fund withdrawals, lack of response from customer support, and concerns about the authenticity of positive reviews.

LunarCapital scam

Why use the Good Money Guide?

  • When funding your account, a service fee is charged, which is 10% of the deposit amount and has a maximum amount of $200.
  • Educational resources consist of e-books, webinars, podcasts, and tutorial videos.
  • There is nothing particularly useful or unique, but at least LunarCapital offers small tools.
  • Sometimes they might even ignore and not reply.
  • Therefore, we do not recommend you to invest money with LunarCapital.

They have the strictest regulations and are the most respected. As you might have guessed, LunarCapital doesn’t have any of those, so we wanted to make sure. Based on the broker information on the FxGecko app, I believe there are at least 5 significant high-risk signals for LunarCapital (Tradeco Limited) as follows. Get a better understanding of how the markets work with our easy to ready “how-to” guides.

It is good that the broker provides LunarCapital forex brokers reviews separate documents with up-to-date terms for each of its promotions. However, such an excessive number of bonuses suggests that LunarCapital is more interested in reducing traders’ chances of successful trading and withdrawing profits. What stands out the most is the lack of specific information about the broker itself.

LunarCapital offers an extensive bonus program for its clients. Traders have the opportunity to benefit from various types of bonuses, including a 20% deposit bonus, a 40% take off bonus, and a 100% supercharger bonus. Our main mission is to tell the truth about companies which offer people to make a profit from their investments and financial deposits. There are many companies that mask their scam activities under the facade of real investment projects. Our articles and reviews can help any potential investor to avoid scam in the world of global finances.

LunarCapital Mobile Trading App

On Reddit, some users have labeled LunarCapital as a scam, citing issues like unresponsive support and withdrawal problems. Working with this broker has made me realize the importance of having a good and nice support system. The trading https://lunarcapital.vip/ platform also supports its traders with a vast educational resources and tools to help fast track the process.

I made my first payment by visa, and my first withdrawal was by visa. I chose LunarCapital mainly for their top level webinars , those are really useful. LunarCapital’s credibility is fine and that’s why I’m here. I reached out to customer service ʙᴇᴄᴀᴜꜱᴇ ᴛʜᴇʏ ᴄᴏɴᴛɪɴᴜᴇᴅ ᴛᴏ ʟᴇᴀᴠᴇ ᴍʏ ᴇᴍᴀɪʟꜱ ᴜɴᴀɴꜱᴡᴇʀᴇᴅ. ᴛʜᴇɪʀ ʀᴇꜱᴘᴏɴꜱᴇ ᴡᴀꜱ ᴅɪꜱᴀᴘᴘᴏɪɴᴛɪɴɢ; ᴛʜᴇʏ ᴅᴇɴɪᴇᴅ ᴍʏ ʀᴇQᴜᴇꜱᴛ ꜰᴏʀ ᴀ ʀᴇꜰᴜɴᴅ, ᴄʟᴀɪᴍɪɴɢ ᴛʜᴀᴛ ᴍʏ ᴍᴏɴᴇʏ ᴡᴀꜱ ᴍɪꜱꜱɪɴɢ ᴀɴᴅ ʀᴇꜰᴜꜱᴇᴅ ᴛᴏ ᴇꜱᴄᴀʟᴀᴛᴇ ᴛʜᴇ ᴍᴀᴛᴛᴇʀ. ʜᴏᴡᴇᴠᴇʀ, ᴛʜʀᴏᴜɢʜ ʀᴇᴛʀɪᴇᴠiꜱᴛᴀ’ꜱ ꜱᴋɪʟʟᴇᴅ ᴍᴀɴᴀɢᴇᴍᴇɴᴛ, ɪ ᴡᴀꜱ ᴀʙʟᴇ ᴛᴏ ꜱᴜʙᴍɪᴛ ᴍʏ ᴠᴇʀᴅɪᴄᴛ ꜱᴜᴄᴄᴇꜱꜱꜰᴜʟʟʏ.

Dear users,This review was not submitted by a verified client of LunarCapital and seems to be an attempt to damage our reputation. Trustpilot is a trusted platform, and we believe in the importance of honest and accurate reviews.Kind regards,LunarCapital ⚡️Empowering traders. With such advanced security and protection of clients and their funds. LunarCapital is a legit forex broker with the regulation of the SFSA.

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.

In this review, we’re delving into LunarCapital, a broker that claims to elevate your trading game to new heights. However, before you take the leap, let’s dig deeper and unravel the mysteries behind this platform. In a world filled with scams and dubious practices, it’s crucial to do your own research. Information posted on the portal antiscam-help.reviews, is for informational purposes. Who in their right mind would trade with such an openly fraudulent company? No license, a short operating history, plus many fake positive reviews.

Posted in Forex trading

Leave a Comment