With Three Unauthorized Trades in Accounts, Investor Accuses LunarCapital of Being the ‘Worst Broker’
Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere. Overall, it is clear that LunarCapital has a very poor reputation among both customers and regulatory authorities worldwide. Customers should exercise extreme caution if considering using this broker as there are numerous customer complaints and warnings issued by financial authorities. As such, it is highly advisable for traders to avoid LunarCapital and look for more reputable brokers in order to enjoy a safe and secure trading experience.
We aim to provide you with all the information in this LunarCapital review you need to determine if LunarCapital is the right fit for you. But we don’t stop there – we also offer valuable insights into other great alternatives to LunarCapital, so you can make a more informed decision and compare other brokers against LunarCapital. Scalping is actually the best style of trading,.its like sniping best profits. There ARE times where the price is actually obviously not where it needs to be.
Limit Risk When Trading with LunarCapital Stop Loss, LunarCapital Stop Limit Orders
They have been in business since 2010 and offer some the lowest spreads, leverage ratios and trading costs https://lunarcapital.team/ on the market. The company offers its customers various trading tools and educational resources as well as access to over 200 financial instruments. However, there have been numerous reports of LunarCapital not returning clients their money, denying claims and engaging in other fraudulent activities. MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on LunarCapital offers traders comprehensive features and tools to enhance their trading performance. The LunarCapital MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the LunarCapital platform to their needs.
Low trading fees and quality education for beginners from an industry leader. Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content. LunarCapital holds a “Trusted” rating with a trust score of 83 according to ForexBrokers.com, indicating a reliable level of trustworthiness in the industry. Each service of this company as it seems to me is tested for years and each of them can positively influence my trading.I like the status of this broker.
- They offer a wide range of assets, excellent educational resources, and fast execution on trades.
- Reliable and high quality.I wish to write a positive review because I am satisfied with everything I got.
- “They stopped the 2 ongoing traded and created-then-stopped the 3rd one as well to bring the account back to its initial balance (500$) while (789,7 $ is gone).,” he added.
- They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their LunarCapital clients’ funds.
- This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades.
- Idk but here I got my previous expectations crushe about support, becasue the last places ive been client didnt have proper communicaiton with clients.
She updated the review and said the staff of LunarCapital reached out to her. Even though a £50 compensation was offered to her after the review was posted, Chessaty only claimed for the money she had earned. This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation.
The range of assets at LunarCapital exceeds 500+ trading instruments. LunarCapital notes the availability of 80+ currency pairs, making it an ideal Forex broker. Traders also get 15+ commodity CFDs, 20+ index CFDs, 30+ futures, and 150+ equity CFDs. I find the well-balanced asset selection suitable for most retail Forex and equity traders requiring fewer but highly liquid trading instruments, like day traders. I also like the LunarCapital fractional share dealing, Lunar Capital which is excellent for smaller portfolios. Founded in 2014 and acquired in 2021, BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs.
- Between 74-89% of retail investor accounts lose money when trading CFDs.
- A minimum deposit is the minimum amount of money required by LunarCapital to open a new online brokerage account with them.
- You can find valuable information about the LunarCapital founders, services, and industry reputation.
- With Clear nstructions, and everything is just so arranged and organised from the start.
- Therefore, before trading, verify the LunarCapital trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.
In November 2015, the Cyprus Securities and Exchange Commission (CySEC) fined LunarCapital EUR335,000, for its refusal to pay the funds that 160 clients wanted to withdraw. We believe this firm may be providing financial services or products in the UK without our authorisation. Find out why you should be wary of dealing with this unauthorised firm and how to protect yourself. It appeared to be a little bit messy and hard for even guys with XP to make an account choice here.
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 selecting a broker such as LunarCapital, one of the most critical factors to consider is the broker’s regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client’s funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities.
Experienced LunarCapital traders can trade high risk CFD trades to hedge items in their portfolio. Below we give an overview of the account types that LunarCapital offer. Whatever you are looking to trade, the varying LunarCapital account types will be able to provide you with what you need. Autochartist on the LunarCapital platform is a powerful tool designed to help traders find trading opportunities quickly and easily.
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. The LunarCapital MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give LunarCapital traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, LunarCapital provides traders with everything they need to succeed.
I haven’t faced problems, once I tried to withdraw my money. Even didn’t wait much for it.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. LunarCapital offers a wide range of trading instruments for diverse investments. The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices.
I came accross this platform on YOUTUBE from the trading tutorials and videos, joined 2 years ago and trading here I get both deposits and withdrawals are fast with no stress. With Clear nstructions, and everything is just so arranged and organised from the start. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights in the commission-free Absolute Zero account. All websites and web-based platforms are tested using the latest version of the Google Chrome browser.
Narrow spreads on the forex
Explore the LunarCapital platform and train yourself to think systematically and logically about the markets. On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, LunarCapital leverage magnifies both profits and losses in trading. Download the Metaquotes MetaTrader 4 Program free of charge from Apple’s App Store.
Account Opening
Do not invest with LunarCapital unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Beginners and inexperienced traders must take the time to learn how to use the LunarCapital trading tools properly.
Although we found some very useful aspects of the LunarCapital platform that would be useful to some traders. We tested the effectiveness of communicating with LunarCapital support in multiple languages and countries. Our customer issues were resolved promptly by the LunarCapital support team, proving their ability to efficiently and effectively support customers in diverse locations and languages.
Verification can help ensure real people are writing the reviews you read on Trustpilot. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. Only reason I will not give it a full score.Maybe new marketing or new bonus program or smth.
Trading Risk Disclaimer
I only trade during those times, where it is hundred percent obvious. The hardset thing to do in all of this is to NOT trade during any other times. That self-control for me is not natural.LunarCapital, I think, is good for scalping, if its not with EAs. Customer service also top-tier, at least in the recent 2 years I think they have stepped up their game.