Is LunarCapitalFX a Scam? Detailed LunarCapitalFX Review Updated for 2025

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 LunarCapitalFX offers traders comprehensive features and tools to enhance their trading performance. The LunarCapitalFX MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the LunarCapitalFX platform to their needs. One of the standout features of MT4 is its charting functionality, which allows LunarCapitalFX traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give LunarCapitalFX traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 LunarCapitalFX trading platform. In this in-depth LunarCapitalFX review, we’ll take you through our own experience of opening an account with LunarCapitalFX.

LunarCapitalFX allows traders to trade on mobile devices through Android and iOS devices like the iPhone. LunarCapitalFX 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 LunarCapitalFX terms and conditions to understand the commission fees and any other charges that may apply is essential. Make sure you’re fully aware of all LunarCapitalFX fees and services. It’s recommended that you check the LunarCapitalFX website before signing up.

I’ll make sure to get all the information you need about the types and features of the trading platforms offered by LunarCapitalFX via this section of the LunarCapitalFX review, so read along. Dear Emranullah Azad,Thank you for sharing your experience, and we’re truly sorry to hear about the frustration caused. We understand how important it is to have funds available quickly, especially when timing is critical in trading.We’d like to clarify that Tether (USDT) deposits are credited automatically after 3–6 blockchain confirmations. On average, this process takes about one hour, but depending on the network traffic and the commission fee chosen, it can take up to 48 hours.

IC Markets Global

Investigations revealed that a portion of the funds collected for forex trading was used to purchase cryptocurrencies through a firm named Zanmai Labs that provides banking channels to India’s biggest crypto exchange WazirX. They increased their collections with large fraudulent advertisements such as mass-level social media posts promoting the app and luring people with the idea that people could begin forex trading even with smaller transactions. Overall, strict financial regulation is essential for ensuring that trading platforms like LunarCapitalFX operate fairly, transparently, and responsibly, which ultimately benefits all LunarCapitalFX stakeholders involved. The effect of leverage on profits and losses magnifies them in both directions.

  • This forex trading platform allegedly defrauded Indian investors with Rs 800 crore.
  • Technical language and terminology can be confusing with brokers like LunarCapitalFX.Choosing or shortlisting a trading platform like LunarCapitalFX can be time consuming.
  • So take the time to research LunarCapitalFX thoroughly and make the most of your online investing experience.
  • Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.

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“By staying informed and cautious, we can protect ourselves from falling victim to these deceitful practices and help safeguard our financial well-being,” concludes Izy. Whenever confronted with a too-good-to-be-true opportunity, don’t be rushed into making any hasty decisions, exercise caution, verify identities through secure means, and remember that guaranteed returns in trading are red flags for scams. I also like LunarCapitalFX’s detailed help articles and video tutorials if I need to self-serve information.

ED raids forex trading platform LunarCapitalFx in fraud case, seizes over Rs 80 crore

  • LunarCapital FX has built a strong reputation in the trading community for providing a user-friendly and fast-moving trading platform which helps traders execute trades with cost-effective pricing.
  • Weekly statistics and daily updates on both technical and fundamental topics are produced internally for market research.
  • When comparing LunarCapitalFX to FXTM and Exness, there are a few key factors I looked at to determine which broker might be best for beginner traders.
  • You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.
  • With LunarCapitalFX MetaTrader 5 for Android, you can trade various financial instruments anytime, anywhere.

FXTM’s MT4 platform is also good, but Exness’s platform felt a bit overwhelming for my taste as a beginner. A demo account is perfect for beginners to learn trading basics or for experienced traders to test new strategies. It has all the tools I need as a novice – live currency rates, charts, technical indicators, and risk management features like stop losses. I can set up custom price alerts too so I always stay in the loop on market moves. For beginners or casual traders like myself, they offer their own proprietary web-based platform called LunarCapitalFX WebTrader. The company was founded in 2011 by a team of fintech enthusiasts who wanted to make trading accessible for everyone.

The impressive customer support service is backed up by a range of additional resources. There are articles and videos on how the financial markets work, investment ideas, and the practicalities of trading and operating an account. All of the materials are easy to access and presented in a straightforward manner. Now for trading platforms – this is really important for newbies. You want a platform that’s easy to use but also has the tools you need. LunarCapitalFX’s cTrader platform is great – customizable layouts, technical analysis tools, and automated trading options.

Is my money safe with LunarCapitalFX?

There is a search function that allows members of the public to check whether or not a company or entity is licensed to provide the services they are offering. If you’re still unsure, there is a number to call that will very quickly establish the legitimacy of the company. The broker pledges to be ready to respond to Live Chat requests within 30 seconds, and during live testing, we found they improved on that benchmark with queries being handled immediately. The staff were well informed and professional and able to help us deal with the beginner / intermediate grade questions we presented them. After providing the required information, new users can move on to funding their new brokerage account with the cash required to finance their trading.

Verification can help ensure real people are writing the reviews you read on Trustpilot. We use dedicated people and clever technology to safeguard our platform. The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities. Please note that Comparebrokers.co may have financial relationships with some of the merchants mentioned here and may be compensated if consumers choose to click the links located throughout the content on this site. Between 74-89% of retail investor accounts lose money when trading CFDs.

The Trustpilot Experience

The broker provides commission-free trading with tight spreads and high leverage, making it an attractive choice for both novice and experienced traders. LunarCapitalFX offers a free demo account to new forex beginners to practice trading in forex with no limits. It acts as a real account except no real funds are invested, virtual funds and virtual profits or losses allow investors to apply and follow different trading strategies and find the best one that works for them.

MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time. In the trading world, brokers like LunarCapitalFX, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don’t require advanced research tools or features.

With STP execution on the LunarCapitalFX platform, traders can anticipate tighter spreads and greater transparency when it comes to trade pricing. With Autochartist, LunarCapitalFX traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save LunarCapitalFX users time and makes the trading process more efficient. You should take the security of your personal information seriously and check SSL encryption is enabled on the https://lunarcapital.net/ LunarCapitalFX trading platform to protect you on PC and mobile LunarCapitalFX platforms.

The customer service response rate was quite fast based on my personal experience and the live chat option just makes getting in touch, when support is needed, easier and faster. The broker’s website, LunarCapitalfx.com, has over 12 million trading accounts opened by clients from all over the world. Where the broker is covering 150+ countries with trades in both forex and CFDs. We’ll be talking about one of the lowest spread provider forex brokers in the market and that is LunarCapitalFX. Founded in 2011 in St. Vincent and the Grenadines, LunarCapitalFX is making sure to provide its clients with the best trading experience they can have. This LunarCapital review aims to give a clear view of the broker and its services.

Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors’ deposits. LunarCapitalFX has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, LunarCapitalFX will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like LunarCapitalFX, you can enjoy peace of mind and focus on your trading activities.If LunarCapitalFX violate any regulatory rules their regulated status could be stripped. The ED’s investigation, initiated following a December 2021 FIR by Shivaji Nagar Police Station in Pune, alleged that LunarCapitalFx misled investors with promises of high returns through forex trading. The company allegedly manipulated trades to generate losses for investors while diverting funds to shell accounts and entities disguised as e-commerce platforms.

These comprise video tutorials, forex education, glossary and frequently asked questions. Now, to conclude this LunarCapitalFX review, we’d like to say that this broker is a solid choice for traders in the UK, Nigeria, Malaysia, Indonesia, and beyond. While not a household name, I’m comfortable with the CySEC keeping a close eye on LunarCapitalFX.

So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position. LunarCapitalFX MetaTrader 5 has many advanced trading tools for more advanced users.Understanding these tools can give you a competitive edge.