Is LunarCapital A Safe Broker?

Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University. LunarCapital offers 83 forex pairs and 340 tradeable symbols, providing a decent range of trading options. However, its total tradeable symbols are far below the industry average of 3,623.

The Trustpilot Experience

LunarCapital offers clients Forex trading, CFDs trading, and Social trading. All funds deposited to LunarCapital are held in segregated bank accounts for security. To better understand the LunarCapital trading platform, you can create two separate accounts – one with real money and the other a LunarCapital demo account. A LunarCapital demo account provides a risk-free environment for experimenting with the LunarCapital platform’s features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in LunarCapital trading decisions. LunarCapital is a global Forex trading platform that claims to provide users with the best trading experience.

Email Support at LunarCapital

• Most of all, as many people around there, I admire their accounts.
• LunarCapital operates under Notesco Limited, a Gibraltar-based company.
• Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors.
• After logging into your LunarCapital account, you’ll find a range of trading platform options available below.
• We tested their live chat feature through their app and website and received a response within 6 minutes, an acceptable response time.

Throughout our comprehensive LunarCapital review, we have covered a lot of ground and provided an in-depth analysis of the platform’s features and functionality. Although we found some very useful aspects of the LunarCapital platform that would be useful to some traders. Overall, we had a good experience with the email support provided by LunarCapital. We tested the effectiveness of communicating with LunarCapital support in multiple languages and countries.

• By creating a LunarCapital practice account, users can gain experience and knowledge of how to trade effectively.
• Autochartist on the LunarCapital platform is a powerful tool designed to help traders find trading opportunities quickly and easily.
• This is a high-risk investment and you should not expect to be protected if something goes wrong.
• This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation.
• Before trading online with a broker like LunarCapital you should be sure they’re legitimate online agent.

Brokers like LunarCapital must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances. If you want to learn more about LunarCapital and its history, its Wikipedia page is an excellent resource. You can find valuable information about the LunarCapital founders, services, and industry reputation. The fact that LunarCapital has a Wikipedia page is a testament to its reputation and credibility in online trading. It’s worth noting that Wikipedia content is highly moderated for accuracy, so having a page dedicated to LunarCapital speaks to its legitimacy and significance.

EAs work perfectly on this platform

The company was founded in the year 2010 and has since then been in hot water with several regulatory authorities. LunarCapital is a well-known name in the Forex market, and it has several loyal users that vouch for its services. However, there have been allegations of fraudulent activities on LunarCapital’s part in the recent past. Everything looks so laconic out here, I’d say even harmonical.I am trading with this broker for a couple of months and haven’t found any serious drawbacks so far. When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by LunarCapital terms and conditions.

Trading on LunarCapital web platforms and other applications

No requotes can provide LunarCapital traders with greater confidence and peace of mind when trading on the LunarCapital platform. It’s worth noting, however, that other factors, such as market volatility and liquidity, can still affect the execution of LunarCapital trades. LunarCapital provides a demo account that enables individuals to explore trading before investing their funds. By creating a LunarCapital practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the LunarCapital demo account can help individuals to make informed decisions before investing their money.

“It appears there might be a misunderstanding or some confusion regarding your experience,” said LunarCapital. According to its reply, the broker denied that LunarCapital had transactions with Chessaty, and indicated the review was false. It’s worth noting that Ahmed just submitted a withdrawal request to LunarCapital just before the incident. This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation.

LunarCapital is regulated by several reputable authorities, including the Australian Securities and Investments Commission (ASIC), the Financial Conduct Authority (FCA) in the UK, and operates under MiFID regulations in the EU. LunarCapital holds a “Trusted” rating with a trust score of 83 according to ForexBrokers.com, indicating a reliable level of trustworthiness in the industry. LunarCapital also provides Islamic accounts to cater to the demands of clients of the Muslim faith. Legit websites often reside on servers with many other safe websites. In this case however we identified several unreliable websites hosted on the same server as the website. This may be a negative signal and as a result we lowered the review of LunarCapital.com.

Is LunarCapital trading Legit?

This account type is created especially for newcomers and traders who hesitate to enter the financial markets. Other regulatory authorities, including the Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC), have also issued warnings against LunarCapital. The FCA has issued a warning stating that LunarCapital is not authorized to offer its services in the UK. On the other hand, ASIC has issued a warning against LunarCapital for not being transparent about its fees and charges.

Reliable and high quality.I wish to write a positive review because I am satisfied with everything I got. Maybe I am biased but I think that LunarCapital deserves more credit as a forex broker.I found nothing shady about the company and conditions are great.Additionally I get to trade at the broker with history. Regulatory bodies conduct regular reviews and audits as part of LunarCapital maintaining their regulatory https://lunarcapital.net/ status.

It’s important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them. It’s important to note that LunarCapital has responded to concerns and allegations by taking measures to address them. The broker has committed to improving withdrawal processing times, enhancing customer support responsiveness, and cooperating with regulatory authorities to ensure compliance with industry standards. In the world of online trading, where opportunities abound, so do risks. Traders must be vigilant and discerning when choosing a brokerage to avoid falling victim to scams.

Traders around the world tend to invest their money in Forex trading to make quick profits. However, the Forex market is flooded with fraudsters looking to scam people off of their money. In this blog post, we will unmask the alleged scam and make you aware of everything you need to know before trading with LunarCapital scam. From stat-arb and trend-following CTA to fixed-income relative value. Firm’s he has worked at include big banks like Citi, and prominent hedge funds including D. When looking to other trusted user review platforms such as Trustpilot, we see that they have the total review rating unavailable at present due to what is labelled ‘breach of guidelines’.

LunarCapital Minimum Deposit

Scammers prefer to use cheap registrars who do not check (or care) who is using their services. Good registrars have a strong “Know Your Customer” process. In this case the domain registration bureau used by this domain is such a well-reputed registar.

It’s important for LunarCapital traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that LunarCapital losses are limited to the funds available in your LunarCapital account when negative balance protection is in place. It has a fast and secure trading platform, webtrader interface, solid array of assets for trading and quite favorable conditions for depositing and withdrawing money. In case of replenishment then I like the fact no restrictions are imposed and no fees are levied.