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.
I had high hopes for Lunarday-Trading through a podcast recommendation, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Automated trading options|Low minimum deposit|Market news feed
Cons: Account statements could be more detailed|Alert system is basic
Lunarday-Trading locked my account without warning and demanded documents I had already submitted. for just over a year later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Good mobile app|Reliable uptime|Full transparency
Cons: Wait times can be long during peak hours
Do not believe the bonus offer from Lunarday-Trading. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after a trusted YouTuber reviewed them and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Copy trading available|Automated trading options|Segregated accounts
Cons: Could offer more webinars
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Lunarday-Trading recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Fast deposits|Wide product range|Comprehensive tools|Professional team
Cons: Nothing significant|Minimum deposit could be lower