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I appreciated Lunar Capital’s investment in comprehensive educational materials and high-quality market research. Hello Nguyen Vanmin,Thank you so much for taking the time to leave this review. We’re thrilled to hear that our support team was able to help you out with your inquiry. We appreciate your feedback and will make sure to share it with the rest of the team. I’ve found Lunar Capital’s platform to be intuitive and, as a broker,, reliable.
- Imagine trusting someone with £6,000, expecting returns, only to be left wondering where it all went.
- Companies on Trustpilot can’t offer incentives or pay to hide any reviews.
- To balance this, the broker charges a low inactivity fee and does not impose fees on deposits or withdrawals.
- Beginner traders get three eBooks, numerous webinars, and a video library with short but well-constructed content.
- This was a holding fact in my lower timeframes concentrated setups that were executed by the market.Aside from this, there are no major drawbacks about the broker.
- Beginners can learn about the core aspects of trading like technical analysis, fundamental analysis, trading psychology, and risk management.
Frequently Asked Questions (FAQ)
In the website footer, it is indicated that the broker’s managing company is Tradeco Limited, registered in the Seychelles. It is important to highlight the potential drawbacks of this offshore jurisdiction. Lunar Capital operates as a Straight-Through Processing (STP) broker without a dealing desk. Client orders are routed to the broker’s pool of liquidity providers, where they are filled at the best possible price.
Forex brokers
We’re consistently looking at various features that might make the platform more useful for our traders. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. Overall, I found Lunar Capital to be a suitable option for day traders, cryptocurrency traders, and those interested in copy trading. When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are. A key advantage of trading CFDs is the ability to enter and exit the market almost instantly, enabling traders to capitalize on even minor price fluctuations in the derivative. I reviewed Lunar Capital’s legal documents and found everything to be in order.
Red Flags and Scam Warning Signs
It equips traders with essential tools and configurations to analyze price action and spot trading opportunities. Just as important is the ability to easily scale price action, allowing for a clearer and more detailed view of market movements. Lunar Capital offers Cent accounts for algo testing, and algo traders can use Expert Advisors (EAs) to automate their trading systems.
I used to get cold feed everytime I traded pairs like XAUUSD and GBPJPY but now I got my traders mindser in order and just trade despite the pair, emotions don’t play a role in my trading anymore. Gotta thank Lunar Capital for being a reliable broker that looks out for the clients. Tbh, I wanted to see some ECN accounts and choose in this aspect. It was good to see training accounts variety, especially cent as I constantly evolve my trading strategy, trying to fit the current reality of the market. As for real ones, there is an upgrade that I currently stayed on premium, with lower spreads, still spreads.
Sincerely speaking, I don’t need a lot because I am a rookie trader and I just want to feel complete safety of everything I entrust to this broker. In this regard, there are no issues, the company is regulated and it ensures comprehensive security.Trading tools are also ok. Traders can get three non-withdrawable bonuses, the 100% Supercharger bonus, the 40% Takeoff bonus limited to $4,000, and the 20% Welcome bonus capped at $2,000. Terms and conditions apply, and I highly recommend traders read and understand them before accepting any incentive. Trading with a regulated broker will limit the potential for fraud and malpractice.
Reviews Summary
Only a legal address is provided, which may limit the ability to engage in direct face-to-face interactions or visit a physical location for assistance or resolution of issues. I want to caution beginner traders when using demo trading as an educational tool, and they should consider the limitations. Demo trading does not grant exposure to trading psychology and can create unrealistic trading expectations. Therefore, the Cent account with a small deposit may be a better option for learning how to trade. The most ignored trading costs are swap rates on leveraged overnight positions.
- The broker offers both the MT4 (MetaTrader 4) and Lunar Capital trading platforms.
- Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money.
- The platform also has an intuitive strategy tester, allowing experienced algo traders to tweak the parameters of their strategies so that they can be used under different market conditions.
- Lunar Capitals’ support team is responsive and helpful… I appreciate their approach and willingness to help, not only to tick off a request 😀 They guided me through a few account-related issues effectively.
- I was really confused, but props to them; they are true experts.Eventually, the VPS server is a good thing to engage in algo trading.
Lunar Capital does not offer its services to residents of https://lunarcapital.net/ certain jurisdictions such as USA, Iran, Cuba, Sudan, Syria, and North Korea. Account verification is mandatory, as Lunar Capital is a regulated broker with FSA oversight and must comply with strict AML/KYC requirements. Most traders will pass account verification by sending a copy of their government-issued ID and one proof of residency document. Lunar Capital might ask for additional information on a case-by-case basis.
Dear Kay Poole,Thank you for providing the requested information. We https://lunarcapital.vip/ want to let you know that your case has been directed to our Complaint Department. Should you have any additional details or questions in the meantime, please don’t hesitate to share them.Thank you for your patience and trust in us.Best Regards, Lunar Capital ⚡️Empowering traders.
Lunar Capital offers a wealth of educational content, including over 180 blog articles, nearly 200 recorded webinars, more than 35 educational videos, 16 podcast episodes, and 4 eBooks. These resources cover key trading topics such as “Introduction to Forex Trading,” “Trading Terminology,” and “Fundamental Analysis,” among others. I find Lunar Capital’s research content comprehensive and diverse. The broker offers traders actionable trading ideas and in-depth market overviews. While the content is particularly useful for day traders, it also provides insights into broader and long-term market trends. Lunar Capital offers Islamic accounts for swap-free trading under Shariah law.
However, the broker does not provide free Virtual Private Server (VPS) hosting for low-latency trading and stable internet connectivity. Hey Carlos Arotinco,Thank you for sharing your positive experience with our withdrawal process! Our goal is to make every aspect of your trading experience as easy and efficient as possible, and it’s great to hear that we succeeded. Thank you for choosing Lunar Capital.Lunar Capital ⚡️Empowering traders. Hello YGutiérrez,We are so grateful that you took the time to write this excellent review!
Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines. Time to update the platforms i think and add some new.Spreads – leave them as they are, those are pretty cheap. James Cohen is brilliant to work with in Lunar Capital very highly recommended.
Sometimes they’re wider, sometimes tighter, but it’s okay.Overall, I’m pleased to work with them, tbh. I like the trading environment at Lunar Capital for its pricing transparency and balanced asset selection. Lunar Capital offers beginners a quality introduction to trading via its video course, and the minimum deposit of $50 ensures Lunar Capital is accessible to traders with smaller portfolios. Forex traders get an excellent asset selection, and I like the availability of fractional share dealing, making Lunar Capital a solid broker for beginners. Lunar Capital offers customizable demo accounts, and I did not find a time restriction, which is good, and how demo accounts should function. I recommend traders select demo account settings similar to their planned live deposits to create the most realistic demo trading experience.
If you’re contacted unexpectedly by a financial business or individual, make sure you reply using the contact details on the FS Register. Click here to see how to check if a broker is safe and what to do if you encounter a scam broker. To sum up, I think Lunar Capital (Tradeco Limited) is not a safe enough forex broker.
Once the money is deposited with it, it stops responding to the queries.. Therefore, we do not recommend you to invest money with Lunar Capital. Lunar Capital 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. Unregulated entities can potentially abscond with your money without being held accountable.
