Once approved, you’ll need to verify your identity and make your first deposit to begin trading. The WebTrader platform provides a convenient trading experience directly through any web browser, requiring no software downloads or installations. After registering with LunarCapital, traders receive login credentials for MetaTrader 4, enabling them to link their brokerage account directly to MT4 and start trading seamlessly. Clearly, Forex trading is the primary focus of LunarCapital’s educational content, reflecting its strategic emphasis on this asset class. Trading with LunarCapital is conducted entirely through its website, which is modern, intuitive, and easy to navigate.
Tasks of the Danish FSA
Based offshore in Seychelles, the broker is regulated by the local Financial Services Authority Seychelles (FSA Seychelles). However, Seychelles-based regulatory approvals tend to be easier to obtain compared to more rigorous authorities such as the FCA (UK) or ASIC (Australia). Traders should, therefore, approach this broker with careful consideration. Hi Sébastien Thibault,We love to hear what our customers have to say, and your feedback has been very insightful! The Danish FSA’s business register contains information on which companies are authorised to offer financial services in Denmark.
- The Danish FSA’s website also contains information on identifying fraud companies and how to avoid them, under Avoid fraud.
- LunarCapital provides its own dedicated mobile trading app, allowing users to trade conveniently without relying on external platforms like MT4 or WebTrader.
- Registration and account management are also conducted directly via this site.
- Rates and terms set on third-party websites are subject to change without notice.
- You can choose between fixed or variable spreads, select your initial trading bonus, and set your leverage.
- The prizes are attractive; currently, a total of $10,000 is offered to the winning traders.
The prizes are attractive; currently, a total of $10,000 is offered to the winning traders. Some of the partners featured on this site may not be regulated in your country. It is your responsibility to verify the compliance of these services with local regulations before using them. After selecting your preferred withdrawal method, you will be directed to a page to enter your banking details and specify the amount you wish to withdraw. If you have an account with LunarCapital and want to withdraw funds, here is a clear guide to follow.
Users mention scenarios where deposits are simple, but retrieving funds is problematic. Some clients also complain about unresponsive or non-existent customer support. However, the broker provides limited transparency regarding other potential trading fees or charges on the platform. Traders should clarify fee structures directly with LunarCapital before depositing funds. Like most brokers, LunarCapital provides leverage to amplify trading positions, enabling traders to multiply potential market movements.
So LunarCapital took £7000 from my account!
This website does not provide investment advice, nor is it an offer or solicitation of any kind to buy or sell any investment products. Rates and terms set on third-party websites are subject to change without notice. Léa is a member of the InvestX team, dedicated to guiding users through their learning journey. On InvestX.fr, Léa writes articles to help readers decode the latest news and stay informed about the ever-evolving blockchain world. You’ll be asked to provide basic personal details and specify your preferred account settings. You can choose between fixed or variable spreads, select your initial trading bonus, and set your leverage.
Capital market
Traders can easily log in using their existing account credentials, place trades, and manage their portfolios directly through the intuitive and user-friendly LunarCapital mobile app. Additionally, the dedicated LunarCapital mobile app allows traders to manage their portfolios and execute trades easily on-the-go. Discover our full review covering services, signup process, fees, withdrawals, and real user feedback. While we cannot definitively label LunarCapital as a scam, we highly recommend remaining vigilant when considering trading with this broker. The LunarCapital platform offers a modern, intuitive, and user-friendly website. Yet, its somewhat casino-like design may raise concerns regarding professionalism and trustworthiness among serious investors.
Nous encourageons les feedbacks constructifs
This means, among other things, that investors cannot issue a complaint to The Danish Financial Complaint Board and that the investments are not covered by the Danish Guarantee Fund. Investments in crypto assets are inherently risky; readers should conduct their own research before taking any action and invest only within their financial means. This article is for informational purposes only and should not be considered as investment advice. Trading cryptocurrencies involves risks, and it is important not to invest more than you can afford to lose. Issues related to withdrawals appear to be a recurring problem, common with less reputable brokers.
The Danish FSA’s website also contains information on identifying fraud companies and how to avoid them, under Avoid fraud. Our overall assessment of LunarCapital is mixed, and we strongly advise traders to proceed cautiously with this broker. The app is available for download on both the Apple App Store and Google Play Store for Android users. Additionally, LunarCapital regularly hosts a competition called the “League of Top Traders”, a monthly contest where participants compete to achieve the best trading results.
- On InvestX.fr, Léa writes articles to help readers decode the latest news and stay informed about the ever-evolving blockchain world.
- This oversight is somewhat puzzling and might negatively affect trader confidence in the platform.
- The WebTrader platform provides a convenient trading experience directly through any web browser, requiring no software downloads or installations.
- Investments in crypto assets are inherently risky; readers should conduct their own research before taking any action and invest only within their financial means.
Do you want the latest news from the Danish FSA?
On its website, LunarCapital details the various services and financial markets available to traders. Registration and account management are also conducted directly via this site. LunarCapital is a relatively new online broker providing trading services across multiple financial markets, including FOREX and indices. The company has no authorisation to operate as an investment firm in Denmark. If you use an investment platform without a license to trade financial instruments, you are not ensured investor protection.
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. After submitting the registration form, LunarCapital will review your application.
Dear Abagourram Abdellah,Thank you for providing the requested information.We would like to inform you that your case has already been forwarded to our Complaints Department. Should you have any additional information or questions in the meantime, please feel free to share them with us.Thank you for your patience and for placing your trust in us.Best regards,LunarCapital ⚡️Empowering traders. 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. While leverage can significantly enhance trading profits, it’s essential to remember it carries high risks, potentially leading to rapid losses and total capital depletion.
CFDs (Contracts for Difference) are complex instruments with a high risk of rapid capital loss due to leverage. Between 74% and 89% of retail investor accounts lose money when trading CFDs. You should assess whether you understand how CFDs work and whether you can afford to https://lunarcapital.net/ take the high risk of losing your money. LunarCapital provides its own dedicated mobile trading app, allowing users to trade conveniently without relying on external platforms like MT4 or WebTrader.
Additionally, the broker regularly hosts trading contests offering participants a chance to win trading capital. Interestingly, despite offering cryptocurrency trading, LunarCapital does not actively promote this service. This oversight is somewhat puzzling and might negatively affect trader confidence in the platform. Trading and investing should never be treated as a game, and caution is crucial when dealing with brokers promising easy profits. However, the platform’s attractive yet somewhat casino-style design could raise concerns, suggesting an approach focused more on gaming rather than professional trading. After logging into your account, you will see the main navigation menu on the left side, allowing you to access your dashboard and various platform features.
