Much appreciated.😃LunarCapital ⚡️Empowering traders. Hi Youssouf Mbodou,We are so glad to see that you are satisfied with our LunarCapital platform! We appreciate it and will make sure to let our Product Team know.
In general, the conditions are https://lunarcapital.team/ a mix of mediocre and veiled. TradingBrokers.com aim to provide unbiased broker reviews. Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. Whilst we try to keep information accurate and up to date, things can change without notice and therefore you should do your own research. Scammers employ persuasive tactics to convince you to make an initial minimum deposit.
Some users praise the platform for its ease of use and responsive customer service. For instance, one user noted that withdrawals were processed efficiently, and the platform was user-friendly. As an intermediate trader, I found LunarCapital’s educational materials indeed helpful. Their articles and ebooks provide practical information.
Reviews
Who in their right mind would trade with such an openly fraudulent company? No license, a short operating history, plus many fake positive reviews. A license from the SFSA in Seychelles is not quite the same as a license from respected bodies like the FCA (UK).
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. On Reddit, some users have labeled LunarCapital as a scam, citing issues like unresponsive support and withdrawal problems. 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.
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. LunarCapital is an online trading platform that offers access to various financial instruments, including forex, commodities, indices, shares, and futures.
Seychelles is an offshore zone where companies can be easily registered with minimal requirements. Offshore brokers often use such countries to avoid the strict regulations that exist in countries with more rigid financial controls. One of the primary concerns with LunarCapital is its lack of regulation by reputed authorities such as CySec, ASIC, FCA, CNMV, and others. This unregulated platform operates without the necessary regulation, raising doubts about the safety of your funds.
So today, we will check whether this platform is truly safe or if something is wrong with it. Compared to other brokers, LunarCapital offers relatively higher leverage than other brokers. It’s important to note that leverage in trading acts as a double-edged sword, enabling traders to potentially magnify their profits if the market moves in their favor.
These deceptive practices raise significant doubts about the credibility and trustworthiness of this platform. Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. 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.
How to open a trading account at LunarCapital
We still need to check how long the platform has been in the market, whether it holds any licenses, and what it really represents. It’s good that there’s at least a demo account and a cent account, but this still doesn’t eliminate the feeling that the trading conditions at LunarCapital are far from transparent and clear. Yes, you can try it on a demo account, but real trading requires more clarity.
Westpac Online Investing Review
- The company has also provided the necessary documents and a risk warning.
- These products are traded on margin and carry a high level of risk and it is possible to lose all your capital.
- They provide traders with assistance when it comes to trading accounts, deposits, withdrawals, and more.
- LunarCapital’s operational practices have raised concerns among some users and industry observers.
- That person then told me that unless I deposited more my account would eventually hit zero.
LunarCapital falls into the category of UNREGULATED platform. When choosing a platform, caution is warranted if the company lacks regulation by any overseeing agency. This should serve as a warning that your funds may not be secure, and there’s no protective regulatory framework.
- Depending on the payment method, deposit times can take up to 24 hours, and for bank wires deposits may take up to 5 business days.
- Their customer team is knowledgeable and friendly and always willing to help traders with any issues they may have.
- Apparently, the company does not offer such an option.
- All accounts have the minimum lot size of 0.01.
UOB Kay Hian Review
The customer support team at LunarCapital is available 24/5, offering multilingual support. They provide traders with assistance when it comes to trading accounts, deposits, withdrawals, and more. Their customer team is knowledgeable and friendly and always willing to help traders with any issues they may have.
LunarCapital Broker Overview
While regulation alone does not determine a scam, it is an essential factor to consider. Dealing with an unregulated company like LunarCapital increases the risk factor of your money. Once the money is deposited with it, it stops responding to the queries..
Key LunarCapital Trading Features
What’s wrong with this broker is that CNMV (Spain) has issued a warning against them. Considering that LunarCapital has only been in the market since 2022, this is an incredibly rapid accomplishment. Starting with licenses, FCA, BaFin, and ASIC are Tier 1 regulators; FSA is not. 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. However, as it stands, it is barely distinguishable from thousands of similar websites.
To gain a comprehensive understanding of LunarCapital’s reputation, it’s essential to consider customer complaints and negative reviews. Numerous users have reported dissatisfaction with the platform, citing issues such as delayed withdrawals, unresponsive customer support, and unexpected fees. We won’t go into detail about each bonus, but we strongly recommend carefully reviewing the LunarCapital scam conditions for claiming them. It is good that the broker provides 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.
LunarCapital offers access to currency pairs, indices, commodities, futures, and stocks. However, there is no exact number of assets available. And if traders use the platform recommended by the administration, their trading opportunities will be significantly limited. Clients who trade with this broker enjoy the luxury of trading with fixed spreads.
You should also contact your bank as soon as possible and let them know about your issue. You can check our Financial Services Register to make sure a firm is authorised and has permission for the service it’s offering you. Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines. LunarCapital’s credibility is fine and that’s why I’m here.
