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