Brokers  /  Lunas

Lunas

High risk
Estonia · 2-5 years · since 2022-02-15 · Lunas
This is a , not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.49/10
Trustpilot/5
Forex Peace Army/5
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No sign that Lunas actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
54
High risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age4515%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration458%
Transparency (site/info/social)10010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameLunas
Headquarters Estonia
Founded2022-02-15
Years operating2-5 years
Employees0
Official websitelunas.trade
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Lunas presents elevated risk due to its unregulated status and lack of verifiable information. The absence of regulatory oversight means no recourse in the event of disputes or financial loss. Traders are strongly advised to avoid unlicensed brokers and seek alternatives with sound regulatory backing.

Not for
  • Traders who require a regulated broker with investor protection
  • Beginners or those seeking transparent, low‑risk trading environments
  • Traders who need access to deposit insurance or dispute resolution
Period:

Real user reviews

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About Lunas

Overview

Lunas is a brokerage entity registered in Estonia, having been established on 15 February 2022. The firm operates under the domain lunas.trade. As of the latest records, Lunas does not hold any regulatory licence from a recognised financial authority.

Our review is based exclusively on public registry information, as no official website content or independent user reviews are available. This absence of verifiable data is a significant consideration for prospective traders.

Regulation and Licensing

FXCanary's records indicate that Lunas is not regulated by any financial supervisory body. The absence of a licence from a reputable regulator, such as the Estonian Financial Supervision Authority (FSA) or any other tier‑1 authority, means that traders do not benefit from standard investor protections, including compensation schemes or dispute resolution mechanisms.

The elevated scam risk score of 54/100 reflects the lack of regulatory oversight and the limited publicly available information. Traders should exercise extreme caution when dealing with unregulated entities.

Company Background

Lunas was founded in early 2022 and is registered in Estonia. However, no further details about the company's ownership, management team, or operational history are available from our sources. The broker's physical address, key personnel, and corporate structure remain undisclosed.

This lack of transparency is a common red flag in the brokerage industry. Without clear corporate governance and verifiable background, it is difficult to assess the trustworthiness of the entity.

Client Funds and Security

There is no information regarding how Lunas handles client funds. Typically, regulated brokers are required to segregate client money and maintain capital adequacy. As Lunas is unregulated, these safeguards are not guaranteed.

Traders considering Lunas should be aware that their funds may not be protected against insolvency or misuse. The absence of any third‑party audit or financial disclosure further compounds these risks.

Overview compiled by FXCanary from regulatory records and public data. full Lunas review