Broker Review

Lunar Capital is an online forex and CFD trading platform that markets itself as a European-based broker offering access to a wide range of financial instruments. The platform emphasizes user-friendly technology, customer support, and educational resources to assist traders in navigating the financial markets.

Platform Features and Services

Lunar Capital promotes several key features:

• Trading Platforms: The platform offers the XCritical trading platform, which is available for both desktop and mobile devices. It provides access to over 180 financial instruments, including stocks, forex, commodities, and indices.

• Leverage and Spreads: Lunar Capital offers leverage up to 1:200 and claims to provide low spreads starting from 1.6 pips on major currency pairs. The platform asserts that it does not charge commissions on trades.

• Educational Resources: The platform provides various educational materials, including an economic calendar, trading strategies, and market analysis tools, to help traders make informed decisions.

• Customer Support: Lunar Capital offers 24/7 customer support through personal assistants who are available to answer questions and provide assistance.

Regulatory Status and Oversight

Lunar Capital claims to be a reputable broker based in Europe. However, there is no publicly available information confirming its regulatory status with recognized financial authorities such as the UK Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), or the Financial Services Authority (FSA) in the Seychelles.

The absence of verifiable regulatory oversight raises concerns about the platform’s legitimacy and the protection of client funds. Traders are advised to exercise caution and conduct thorough due diligence before engaging with the platform.

Transparency and Corporate Information

The website provides limited information about the company’s ownership, corporate headquarters, or executive team. There is no public record of independent audits, financial statements, or official corporate filings. The lack of transparency makes it challenging for users to assess the credibility and operational reliability of Lunar Capital.

Conclusion

Lunar Capital presents itself as a user-friendly trading platform offering access to a variety of financial instruments. However, the lack of verified regulatory oversight, limited corporate transparency, and absence of independent verification of its claims indicate a high-risk profile.