LunarCapital is an online brokerage platform that offers trading services across a range of asset classes, including forex, commodities, indices, and cryptocurrencies. The platform promises to provide traders with access to advanced tools, real-time market data, and a user-friendly interface to facilitate their trading experience. LunarCapital also emphasizes its commitment to offering competitive spreads, leverage options, and a variety of account types to suit the needs of different traders. As one of CleaRank’s earliest team members I take a hands on approach and personally test brokers by opening real money accounts, executing trades, and stress testing their customer service. Throughout my career I’ve built trading algorithms, managed long term investment portfolios, and helped traders avoid shady brokers before they even knew they were at risk.
What are the account types?
Investments in crypto assets are inherently risky; readers should conduct their own research before taking any action and invest only within their financial means. LunarCapital is an offshore broker, and like many similar brokers, its legitimacy can be challenging to verify. The services provided appear standard and comparable to other brokers in the same category. Brokers like LunarCapital earn revenue through spreads, the difference between the buy (ask) and sell (bid) prices of financial assets.
Trading Platform and Features
LunarCapital s accepts clients from all over the world, excluding USA, Canada and some other countries where restrictions apply. Yes, it is regulated by the Financial Services Authority in Seychelles (FSA). It’s important to note that the FSA is considered a tier-3 financial regulator with zero investor protection schemes and lax to none enforcement. LunarCapital received a high-risk 1.8/5 CLEAR™ Score raising major concerns regarding its legitimacy. Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.
- Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight.
- This compensation should not be seen as an endorsement or recommendation, nor shall it bias our broker reviews.
- Our over 15 years of experience in financial markets and high technical knowledge aid in precise and timely identifications.
- LunarCapital also emphasizes its commitment to offering competitive spreads, leverage options, and a variety of account types to suit the needs of different traders.
- Using our CLEAR™ Methodology The CLEAR™ Score (Credibility, Leverage, Execution, Accessibility, Regulation) is our proprietary ranking system.
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. Although I recorded extremely favorable spreads on Bitcoin, LunarCapital’s spreads on other popular instruments exceeded the industry average during my tests. To balance this, the broker charges a low inactivity fee and does not impose fees on deposits or withdrawals.
This regulation ensures that LunarCapital operates in a transparent and compliant manner. Investors can have confidence that their funds are protected and that the broker is subject to oversight to prevent malpractice. LunarCapital, the broker of choice for traders seeking safety, variety, and expert guidance.
LunarCapital operates a single entity – Tradeco Limited – which is licensed and regulated in Seychelles by the Financial Services Authority (FSA). It guarantees the segregation of client funds and negative balance protection. LunarCapital provides a blend of market research developed in-house and incorporated from third-party providers.
After submitting the registration form, LunarCapital will review your application. Once approved, you’ll need to verify your identity and make your first deposit to begin trading. Clearly, Forex trading is the primary focus of LunarCapital’s educational content, https://lunarcapital.space/ reflecting its strategic emphasis on this asset class. The LunarCapital platform offers a modern, intuitive, and user-friendly website.
Are there any bonuses or promotional offers?
While LunarCapital’s spreads are competitive for some assets, they’re higher than average for currency pairs. The LunarCapital registration process ensures secure onboarding with full customization over account type, leverage, and base currency, ideal for both beginners and experienced forex traders. This Forex broker brings a lot to the table, catering to traders of all stripes. Whether you’re into forex, metals, futures markets, commodities, shares, or indices, LunarCapital has got you covered. Spreads offered by the broker are considered mid-range, starting from 1.1 pip for the top-tier account type. This means that this broker does not have the tightest spreads in the market, but still remains competitive.
LunarCapital Website Features
We would like to reassure you that the decision to close your account was taken in accordance with our Client Services Agreement, due to the use of trading practices that are not permitted on our platform. Our Customer Support team has previously outlined this matter, and we remain committed to ensuring that every client understands the rules that safeguard fairness for all. Please note that while profits gained under these conditions have been cancelled in line with the Terms of Business, your initial deposit remains fully available for withdrawal. We encourage all traders to review the Client Services Agreement before engaging in trading, as this ensures a smooth and transparent experience. Of course, if you have further questions or need guidance, our team is always here to provide clear and friendly assistance. You can reach us at At LunarCapital, our goal is to empower you with confidence at every step of your trading journey.
Funds can be sent using many different currencies, but upon receipt will automatically be converted to the trading account’s base currency (USD, EUR or GBP). When funding your account, a service fee is charged, which is 10% of the deposit amount and has a maximum amount of $200. There is also an inactivity fee of $50 if the account is not used for one year, which will result in it being closed and the balance being written off.
- The major drawbacks of such an approach are the lack of obvious distinctions between accounts and the lack of transparency to clients in general.
- Discover our full review covering services, signup process, fees, withdrawals, and real user feedback.
- Hi Linda Mary Edwards,Thank you for sharing your positive experience with LunarCapital.
- LunarCapital claims to offer access to real-time charts, a wide selection of order types, and various risk management tools.
- I appreciated LunarCapital’s extensive range of currency pairs, especially in some exotic markets.
I signed up through an affiliate for his signals which to be honest were not that great, so i used this account for my own trading and signals from others i have signed up for. I made around 4500 in around 7 weeks which paid me back my deposits and they took back the bonus deposits. I can get a 100k funded account with better terms in my favour, so to take 50 percent is a bit of a sting in the tail.
LunarCapital Review : Is It Legit or a Scam ?
If a platform lacks this information or is not listed under any reputable regulatory body, this is a red flag for potential users. Conduct thorough research and read online reviews before depositing funds. While we cannot definitively label LunarCapital as a scam, we highly recommend remaining vigilant when considering trading with this broker. LunarCapital currently holds an average rating of 3 out of 5, which is moderately acceptable. However, after reviewing individual feedback, many clients report significant difficulties with withdrawals from the platform. Like most brokers, LunarCapital provides leverage to amplify trading positions, enabling traders to multiply potential market movements.
Does LunarCapital Provide Educational Content?
The WebTrader platform provides a convenient trading experience directly through any web browser, requiring no software downloads or installations. Trading with LunarCapital is conducted entirely through its website, which is modern, intuitive, and easy to navigate. Additionally, the broker regularly hosts trading contests offering participants a chance to win trading capital. Yes, introduce new clients and you may receive CPAs up to $750 and bonuses up to $10,000.
LunarCapital has an impressive assortment of 85 currency pairs, including major, minor, and exotic pairs. The broker also provides an extensive educational library, which features dozens of webinars, articles, ebooks, and more. LunarCapital integrates MetaTrader 4, which offers one-click trading but has a minimum timeframe of 1 minute.
Using our CLEAR™ Methodology The CLEAR™ Score (Credibility, Leverage, Execution, Accessibility, Regulation) is our proprietary ranking system. The CLEAR™ Score provides you with the most accurate and transparent broker ranking after evaluating all the key factors that are crucial for trading success. Day traders can benefit from LunarCapital’s robust market research, including featured trading ideas by Trading Central and a diverse assortment of tradable instruments. However, LunarCapital’s spreads generally exceed the industry average, and it does not offer a raw spread account. LunarCapital supports trading via the popular MetaTrader 4 (MT4) platform, which is available in both desktop and web-based versions.
