Forex Brokers

Lunarday-Trading

1.4 (14 reviews)
🇳🇿 New Zealand
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1.4
14 reviews
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About Lunarday-Trading

Lunarday-Trading has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Regist...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Frustrating from start to finish

J
Jennifer A.
1 months ago

I joined Lunarday-Trading after my brother mentioned them and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.

Pros: Economic calendar|Professional team|Full transparency

Cons: No fractional shares|Live chat only during business hours

Analysts are anonymous

A
Aiden Z.
1 months ago

The spread at Lunarday-Trading is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them through a forum discussion and initially thought the platform was good - until I started trading seriously.

Pros: Good analytical tools|Comprehensive tools|Real-time alerts|Multi-currency support

Cons: Charting tools need more indicators

Not regulated - verified this myself

B
Brian E.
2 months ago

I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Lunarday-Trading has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.

Pros: Website looks legitimate on the surface

Cons: Flagged by Financial Markets Authority|Cannot verify credentials

Beware - This company is not legitimate

K
Karen B.
2 months ago

I invested $1,000 with Lunarday-Trading after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Markets Authority.

Cons: Cannot withdraw funds|Not regulated|Pressure tactics

Reviews on their site are fabricated

D
Daniel A.
2 months ago

The platform itself is okay, but the customer service at Lunarday-Trading is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.

Pros: Good analytical tools|Real-time alerts

Cons: Could offer more webinars

Feeling robbed honestly

G
Gabrielle D.
4 months ago

I found Lunarday-Trading after hearing about them at a conference and the initial impression was positive. But for close to eighteen months later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.

Pros: Market news feed|Customizable dashboard

Cons: No integrated tax optimization|Limited cryptocurrency options

Demo and live behave differently

M
Megan Z.
5 months ago

The only good thing about Lunarday-Trading is that they remind you why regulation matters. I found them after doing extensive research. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.

Pros: High security standards|Real-time alerts|Fast deposits|Personal attention

Cons: Limited demo account features

Commission higher than stated

C
Chloe W.
7 months ago

Lunarday-Trading had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.

Pros: Easy to use platform|API access|Transparent fees|Educational resources

Cons: Currency conversion fee exists

Listed in warning databases - be aware

R
Robert J.
7 months ago

For anyone considering Lunarday-Trading, please be aware that this company has been flagged by Financial Markets Authority. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.

Pros: Information is publicly available for verification

Cons: Appears in regulatory warnings database|Uncertain regulatory status

Promised returns that never came

M
Mark L.
7 months ago

After spending since I opened my account last year trying to make Lunarday-Trading work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.

Pros: Customizable dashboard|Demo account available|Good analytical tools

Cons: No live chat on mobile|Charting tools need more indicators