In this case, buying a single lot of EUR/USD is the equivalent of trading €100,000…
LunarCapital EU Reviews Read Customer Service Reviews of LunarCapital eu
It’s essential to note that the trading instruments offered under the LunarCapital brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the LunarCapital trading instruments https://lunarcapital.vip/ available and the regulations governing them based on your account holder, location, and chosen platform. As a trader, you should feel confident that your financial investments are in good hands with LunarCapital. So take the time to research LunarCapital thoroughly and make the most of your online investing experience.
- As a regulated broker, LunarCapital cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by LunarCapital.
- For positional traders, I would advise to look at Zero Fixed, or some other accounts with floating spreads.Everything is arranged here so harmonically.
- There are positive reviews on the platform, but as there is a note indicating that there have been fake reviews detected by Trustpilot systems, it is unclear which type of reviews have been removed.
A platform that isn’t regulated is not…
Visiting many broker websites, all of which have different language uses. Technical language and terminology can be confusing with brokers like LunarCapital.Choosing or shortlisting a trading platform like LunarCapital can be time consuming. In addition to this, LunarCapital has also been accused of manipulating prices and spreading false information about their services. This type of behaviour is unacceptable in the Forex market, as it can lead to serious losses for those trading with them. Finally, there have also been reports of LunarCapital engaging in unethical practices such as disclosing the terms and conditions of their services.
LunarCapital allows Forex trading, CFDs trading, and Social trading. The LunarCapital phone support team was able to assist us with our queries and issues. We put their multilingual support to the test by speaking to them in various languages, and they were able to communicate effectively. Like other brokers, LunarCapital margin requirements can differ depending on the traded instrument. If you want to learn more about LunarCapital and its history, its Wikipedia page is an excellent resource.
- With tight spreads, making profitable trades is not as hard as it was with my previous broker.
- Awareness of these LunarCapital fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your LunarCapital funds.
- Other regulatory authorities, including the Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC), have also issued warnings against LunarCapital.
- Perhaps, the website is quite poor in terms of information, but it’s not a very serious trouble.
- If you ever have more insights or inquiries, feel free to share them with us.
Another thing that makes this broker appealing is the withdrawal procedure – quick, hassle-free and plenty of payment methods. I’ve been trading with LunarCapital EU for a few months now and I’m very satisfied. They offer a wide range of assets, excellent educational resources, and fast execution on trades. As a swing positional trader, I usually hold positions for 3-4 weeks to capture significant market movements. Of course, I pay serious attention to swap commissions because sometimes those fees might be painful and that’s why I would like to praise the LunarCapital for providing low swap fees on the forex market.
One of the standout features of MT4 is its charting functionality, which allows LunarCapital traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give LunarCapital traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 LunarCapital trading platform. At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools. Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps. We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points. Millions of people worldwide use Android mobile devices and tablets, and LunarCapital offers its clients access to the MetaTrader 4 platform on these devices.
LunarCapital offers user-friendly and advanced trading platforms, including MetaTrader 4 (MT4). These platforms provide comprehensive charting tools, algo-trading options, and copy trading features, catering to various trading styles and strategies. The broker prioritizes customers by providing a demo account for risk-free practice and offers Islamic accounts to respect diverse client backgrounds. They also maintain segregated accounts for financial integrity.
Merged reviews and profileRead more
We have decided not to offer our old review of the full platform or offering of LunarCapital any longer, owing to various reports over the years that have made a detailed overview inconsistent with user reports. Steven Hatzakis is the Global Director of Online Broker Research for BrokerNotes.co and ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). This firm is not authorised by us and is targeting people in the UK. You will not have access to the Financial Ombudsman Service or be protected by the Financial Services Compensation Scheme (FSCS), so you are unlikely to get your money back if things go wrong.
People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. The secure LunarCapital back office handles all financial transactions for verified clients. LunarCapital received numerous awards for various aspects of its competitive trading environment. I rank trading costs among the most defining aspects when evaluating a broker, as they directly impact profitability.
Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go. We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14. While it provides essential functionalities for trading on the go, it does not excel in this area compared to its competitors. I don’t know how I end up here, but in the end it was a good decision. I think someone from my close circle recommended LunarCapital to me.All in all I am sure that everyone can trade forex with it and be profitable. But at least you can be sure that LunarCapital is a trustworthy broker out of millions of dubious ones.I know it because of the long history of the company in general.
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. I’ve tested many platforms, and this one is the most stable I’ve used. Execution speed is excellent, spreads are predictable, and my withdrawal request was handled without any complications. The platform could use more features for advanced traders, but for day-to-day trading, it does the job.
Broker Information
To learn more about the LunarCapital funding and withdrawal options available in your area, you can explore the LunarCapital website. It’s important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn’t allow automated trading scripts such as Expert Advisors. After logging into your LunarCapital account, you’ll find a range of trading platform options available below. LunarCapital may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing LunarCapital terms and conditions to understand the commission fees and any other charges that may apply is essential.
In Australia, customers can lodge a complaint with the Australian Financial Complaints Authority if they are not happy with the response from LunarCapital. Customers should also be aware that their funds may not be fully protected in many jurisdictions, including the UK and Australia, where regulations are often weaker than in other countries. In today’s digital world, Forex trading has become an extremely popular way to earn money. Traders around the world tend to invest their money in Forex trading to make quick profits.
The platform is user friendly and easy to use
A free one is also available and this one is used by online scammers. Still, not having an SSL certificate is worse than having one, especially if you have to enter your contact details. We discovered that the website is rated as popular by Tranco with a score of 20. This means that the website is visited by quite a lot of people. In addition other websites find this website interesting and relevant and are linking to it.
When using LunarCapital, the minimum trade size is typically 0.01 Lot units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. The maximum trade requirements on eToro can vary depending on the specific trader and instrument Lunar Capital reviews being traded.
LunarCapital offers two demo accounts, the Demo Floating Spread and the Demo STP/ECN Absolute Zero. The former is fully customizable, while the latter is only available as a USD option with a default balance of $100,000, where traders can select their desired leverage. LunarCapital lists no expiry times, which is great, as all demo traders require unlimited access. While I recommend the Absolute Zero account for traders, the Demo Floating Spread offers the most realistic demo trading environment. LunarCapital is generally perceived positively, with customers appreciating its diverse account options, educational resources, and responsive customer support.
We tested their live chat feature through their app and website and received a response within 6 minutes, an acceptable response time. The support team was helpful and provided us with the necessary information. Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with LunarCapital involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets. While learning, you can also use global trading times to practice making live buy or sell trades using LunarCapital.
Of the reviews that are shown, 34% of reviewers that currently provide 1 star feedback with negative remarks. There are positive reviews on the platform, but as there is a note indicating that there have been fake reviews detected by Trustpilot systems, it is unclear which type of reviews have been removed. Other industry names in the review sector such as Forex Peace Army have a warning in place advising users that feedback on their own platform has been very broadly negative. 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.