Unregulated entities can potentially abscond with your money without being held accountable. This firm may be providing financial services or products without our authorisation. You should avoid dealing with this firm and beware of potential scams. I deposited money and was contacted by several people, G seemed to be interested and seemed to be helpful but after I didn’t deposit more, he basically booted my account. I was then sent to G who encouraged me to deposit more to make up for G ‘s mistakes, who was promoted. Upon hearing I wouldn’t deposit more after a couple weeks I was booted to another person.
Registration and Client Portal Review
That person then told me that unless I deposited more my account would eventually hit zero. Customer service tried to give some money in return with a claim that they would contact me three days later. Two weeks later, I contact them and they said I was on my own. After being on my own, I tried to utilize the system and was continually kicked off for about a week. I couldn’t correct trades because the website won’t let me do so. Overall, terrible experience and I would absolutely take your money elsewhere.
Hello Sylvia C.,Thank you for your positive feedback! We’re dedicated to providing our clients with a wide range of educational materials, and we’re thrilled to hear that you have found our tech analysis ebook to be helpful. Hi Gustavo V.,Thank you for your positive feedback!
LunarCapital clients can trade with WebTrader, TradeCopier, and MetaTrader 4. The official website and personal account section contain links to download programs. However, the full-featured mobile version is only partially supported. In terms of communication, LunarCapital offers email support, live chat, and a contact form. However, it is worth mentioning that the broker does not have a physical office. 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.
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. Before initiating a withdrawal, it is important to note that LunarCapital requires mandatory verification. Ideally, it is recommended to complete the verification process before making any deposits. Now, let’s take a look at the trading offerings provided by the broker.
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I especially like their breakdowns on trading psychology and how important it is to stay with a cool head to trade effectively and not give up on emotions. It helped me feel more confident when I was trading on the forex market. Once registered, users gain access to the Client Portal, which can be described as a standard and unremarkable interface.
Most of the data is present exclusively in electronic documents. Trading fees are close to zero, company representatives say. Nevertheless, the client agreement reserves the right for the company’s employees to unilaterally change trading conditions, including swap charges.
How do I know I can trust these reviews about LunarCapital?
Gotta thank LunarCapital for being a reliable broker that looks out for the clients. Our main mission is to tell the truth about companies which offer people to make a profit from their investments and financial deposits. There are many companies that mask their scam activities under the facade of real investment projects. Our articles and reviews can help any potential investor to avoid scam in the world of global finances. What stands out the most is the lack of specific information about the broker itself.
However, leverage also magnifies losses if the market moves against them. The broker provides various financial instruments, including forex, metals, futures, commodities, shares, and indices. Most of these instruments have tight spreads, which makes trading with LunarCapital a cost-effective option.
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Remember that LunarCapital operates as a dealing desk. This is confirmed by the narrow spreads and lack of commissions. A real intermediary earns through commissions, but here it’s different. So, there’s no point in working with such a company; it will work against you. The broker has also https://lunarcapital.net/ added an online chat feature to its official website.
- It functions as a mechanism that prevents the account balance from going into negative figures, ensuring that traders don’t end up owing money to the broker.
- 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.
- In general, the conditions are a mix of mediocre and veiled.
- Unfortunately, the registration date of the company is not specified in the public registry, making it difficult to determine its establishment year.
Therefore, we do not recommend you to invest money with LunarCapital. Hi Helen E.,Thanks for taking the time to share with us your feedback! Additionally, various penalties and restrictions are imposed on the website, which will be discussed in the next section.
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- The leverage level can be adjusted to suit the specific requirements of traders, allowing them to take control of their trading strategies.
- To gain a comprehensive understanding of LunarCapital’s reputation, it’s essential to consider customer complaints and negative reviews.
- This article delves into the legitimacy of LunarCapital, examining its regulatory status, user experiences, and operational practices.
- LunarCapital’s credibility is fine and that’s why I’m here.
- 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.
Operated by Tradeco Limited, LunarCapital has garnered attention in the trading community. This article delves into the legitimacy of LunarCapital, examining its regulatory status, user experiences, and operational practices. Dear Danielle Warner,Thank you for sharing your feedback with us. We are truly sorry to hear about the challenges you’ve faced and understand how inconvenient this must have been.
Traders can also use the platform’s web version to access the markets from any computer with an internet connection. The MT4 app’s interface is clean and neat by itself, I get it. But LunarCapital stuffed it with a good Lunar Capital courses scam range of tools – fx, metals, CFD on futures and shares – so it’s a pleasure to stop by and do some trading. Whenever I pay in, I use my usdt and that’s fine. It was my first time experiencing such fast customer service. They answered my question in a matter of minutes with a full detailed explanation.
While it may lack innovation or standout features, it does provide all the necessary functions for managing one’s trading account. Users can view their balances, make deposits and withdrawals, access trading tools and resources, and monitor their trading activity. Hi Katherine,Thank you for taking the time to share your thoughts with us. We’re always looking for ways to improve our educational offerings, and your feedback is invaluable. If there’s anything specific you’d like to see in our educational materials, please don’t hesitate to reach out. I am Kevin Berry, an internationally recognized financial advisor.
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LunarCapital provides extra services regardless of the trading account. This means that clients get access to benefits the moment they make the minimum deposit amount. The administration supports features such as an economic calendar and a calculator. Educational resources consist of e-books, webinars, podcasts, and tutorial videos. The applicability of these resources is debatable, as much of the information provided is general in nature.
I fell for the online AI fake news stories that celebrities where making loads of money from investing £200. Everyone was really nice that I spoke to and Sunny Gordon was excellent but after a week or so he rang and asked if I was ready to invest more. I was not in any position to do this as I’d said right from my first phone call with him.