It has a fast and secure trading platform, webtrader interface, solid array of assets for trading and quite favorable conditions for depositing and withdrawing money. In case of replenishment then I like the fact no restrictions are imposed and no fees are levied. The same is applicable to withdrawals, too, but charges for them don’t look attractive. At least the broker has a source of income to maintain services quality on a high level, blessing in disguise. I recently had an experience with Lunar Capital that left me feeling disappointed and frustrated.

The Cyprian regulator is known for its loyalty, so something huge has to happen for it to seriously go after such a broker as Lunar Capital. According to the regulator’s report, the decision to investigate was based on the negative information in the media and an enormous number of complaints from the broker’s clients. It’s so frustrating that there are so many scammers in today’s world when you are nice to everyone and believe in good people. It was all my big money that I invested and they don’t return it to me(I can see from the latest reviews that I’m not the only one.

However, bonus-withdrawal conditions are strict – the client can only withdraw funds once a certain trading volume threshold is reached. Lunar Capital is a renowned global leader in online trading that offers clients a wide range of trading instruments, including forex, CFDs, commodities, metals, and indices. However, despite its reputation, there are countless Lunar Capital complaints lodged by unsatisfied clients. In this blog post, we will delve deeper into the reasons behind these complaints, their consequences and how to avoid them. Received my withdrawal smoothly and without any issues. Which is impressive.Deposits are also instant and convenient.A trusted broker with fast trade executions.Spreads on some assets could use improvement but gold spreads are decent, though.

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Thus, Dmitry not only sent claims to the broker, but filed a lawsuit against the company and against the regulator (the CySEC). He wanted to make sure that Cyprus’ Ministry of Finance and other higher authorities were familiar with the problem. As it turned out, Lunar Capital worked in China without licenses that allowed the company to provide access to the financial markets within the country.

If you’re thinking about putting your hard earned cash into Lunar Capital, do yourself a favor and think twice. I unfortunately learned the hard way with a loss of a whopping 25k euro. They tricked me with their fancy website that seemed legit, but it was all a clever ruse.

Lunar Capital Faces Cyprus Court Complaints by 160 Chinese Clients and IBs

I’ve tested many platforms, and this one is the most stable I’ve used. Execution speed is excellent, spreads are predictable, and my withdrawal request was handled without any complications. The platform could use more features for advanced traders, but for day-to-day trading, it does the job. I just wish customer service was available on weekends.

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• Traders also complained that the company used to hold their deals till they were lost or, otherwise, closed orders when it did not make any sense.
• This is a good sign and indicates a safe and reliable experience for customers who choose to work with the company.
• I strongly discourage anyone from using this platform.

So, to all Muslim traders out there, please stay away from this scam broker at all costs. I cannot recommend them to anyone.It is deeply disappointing to me that Lunar Capital would run their business in such a way that they would find a way to reverse all of their customers’ profits. It just seems so unscrupulous and unfair. I cannot recommend them to anyone and I will be looking for a better broker to do business with in the future.

Sometimes withdrawal applications had been pending for months and most of issues had never been solved. Traders also complained that the company used to hold their deals till they were lost or, otherwise, closed orders when it did not make any sense. On the other hand, Lunar Capital boasts that it had a sound reaction to the crisis and was named as a potential buyer for the Alpari UK business.

They helped me get my money back, no problem. So yeah, if you’re having trouble with Lunar Capital like I was, I definitely recommend giving Fundsadvocates, 0rg a try. Overall, though, I gotta say I’m pretty disappointed with Lunar Capital. Ain’t nobody got time for that sort of shenanigans, you know?

I’ve been trading with Lunar Capital EU for a…

They were https://lunarcapital.net/ always friendly and patient, taking the time to explain everything I needed to know.The educational resources also came in handy. Lunar Capital offers a range of webinars, video tutorials, and other educational materials that helped me improve my trading skills. The market analysis provided was also helpful in making informed trading decisions.Overall, I am happy with my experience with Lunar Capital. Of course, like with any trading platform, there were a few ups and downs, but the support and educational resources helped me navigate through them.

• Allegedly, this group of companies corresponds to the international standards and is regulated by the FCA (the UK), the ASIC (Australia), the FSP (South Africa), and the CySEC (Cyprus).
• Since opening account a few months ago, I finally managed to find my profitable strategy.
• I was quite nervous as I had a substantial amount in my account.
• Also, slippages are rare and my trades get closed immediately after I press the button.

Wide Range of Products

After making a profit, my account was suspended, and all my trading profits were lost. I can’t even withdraw my initial investment. The support team is completely unresponsive. It appeared to be a little bit messy and hard for even guys with XP to make an account choice here.

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Features like enhanced leverage options or more accessible account tiers would make the experience even better. The occasional restrictions during HMR periods can feel limiting, especially when great trading opportunities arise. That said, the overall experience is solid, and I appreciate the transparency and reliability this broker provides. I love their platform, it makes trading easy. With tight spreads, making profitable trades is not as hard as it was with my previous broker. Also, slippages are rare and my trades get closed immediately after I press the button.

We use dedicated people and clever technology to safeguard our platform. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Had a minor issue with my first withdrawal, but support sorted it quickly. Companies on Trustpilot can’t offer incentives or pay to hide any reviews. Forex Magnates’ reporters reached out to the Cyprus Securities and Exchange Commission (CySEC) in order to obtain the regulator’s perspective on the issues affecting Lunar Capital.