However, traders using this account arenot eligible for the LunarCapital Bonus scheme, and the minimum deposit required is just$5. LunarCapital provides a variety of account types toaccommodate traders with different needs and experience levels. Each accountcomes with distinct features, providing flexibility in trade sizes, costs, andmarket access. Traders can choose from the Standard,Ultra Low, and Shares accounts, but it’s important to note that the availabilityof account types depends on the LunarCapital entity under which you register. Allaccounts offer negative balanceprotection, hedging and Islamic options as standard. I believe that LunarCapital Group understands that clients want fair and transparent trading conditions with the lowest possible spreads and fastest possible execution.
BestBrokers.com is free to use for everyone and it may earn a commission from some of the listed trading platforms with no additional cost to you. In line with anti-money laundering regulations, the withdrawal method has to be the same as the deposit method in which the account was funded. There is also a withdrawal priority procedure if you have funded the account by different methods. If you have deposited via a credit/debit card then the withdrawal back onto the card can cover the deposit amount. Anything above this amount can then be transferred via bank wire or e-wallet for the remaining transfer of funds.
Once your account has been verified, you are then free to fund it using any of the multiple deposit options and start trading. I didn’t have any problems opening an account and login on a regular basis without any hiccups along the way. The forex webinars are available 19 languages, 7 days a week with 65 webinar instructors. LunarCapital Group has a vast range of educational materials within the research and education center.
LunarCapital has been gradually expanding its regulatory licenses over the years and is now up to three. Starting with the regulation in Cyprus (which covers the EU’s ESMA regulation), expansion has included Australia (a strong, tier-one jurisdiction) and latterly in Belize. If you are tight for time, here are some of the important features that we like about trading with LunarCapital. When choosing a terminal, note that stock CFDs cannot be traded on MetaTrader 4.
Swap Fees:
WhilE LunarCapitaldoes not charge a fee to fund your trading account, your bank or the payment processor could levy a fee. It would be advisable to check the fund transfer charges with them before funding your account. When it comes to customer service and support, LunarCapital is hands-down one of the industry’s leading brokers and we were impressed by LunarCapital’s customer-centric approach to trading.
Rely on Award-Winning Support
Most of the deposit options will allow you to have your deposit processed instantly. Bank transfers will take between 2 and 5 business days to process though. You demand the best trading experience; our awards reflect our desire to provide it. Trade with a regulated broker that has built long-standing partnerships with reputable banks to ensure your funds are always secure.
Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017. The holder solely does account funding; third-party payments are not accepted. For electronic payment systems, the minimum deposit amount is 5 US dollars. LunarCapital’s VPS service is an excellent addition to the broker’s trading capabilities, ensuring high-speed https://lunarcapital.net/ execution of transactions and trading reliability. This is especially useful for traders who use automated trading systems and advisors and wish to ensure the continuous operation of their strategies.
- The Learning Centre hub is another area of the site for traders to learn their craft.
- Boost the potential of your trades with leverage for traders of all levels.
- The LunarCapital Zero Account is exclusivelyavailable to traders registered under the European entity of the broker,regulated by CySEC.
- For those new to trading or wishing totest LunarCapital’s platform, the Demo Account offers a risk-free environment withvirtual funds.
- These user-friendly tutorials guide you through every aspect of LunarCapital’s platforms, ensuring you can navigate and utilize them effectively.
As such we may earn a commision when you make a purchase after following a link from our website. LunarCapitalTV produces a high standard of in-house research and reports, which easily competes with the commentary from the market leaders in this area. The TV-style format works really well, whilst the content can also be downloaded as a podcast. LunarCapital provides a wealth of research across different mediums and asset classes and is a front runner in the market for research offerings. Other regulation comes from the Cyprus Securities and Exchange Commission (CySEC), the International Financial Services Commission (IFSC) and the Dubai Financial Services Authority (DFSA). There are also 16 stock indices available to trade with the major European, US and Asian stock indices all present.
Commodities:
With strongregulatory oversight, robust trading platforms, and a wide range of tradableinstruments, LunarCapital offers a comprehensive trading environment for both novice andexperienced traders. The LunarCapital Ultra Low Account is perfect forcost-conscious traders, particularly those focused on major currency pairs,thanks to its reduced spreads and zero commission fees. This account offersboth Micro and Islamic options, allowing traders to trade micro-lots (1,000units of the base currency) for low-risk strategy testing or to enjoy swap-freetrading in compliance with Sharia law.
Restricted assets – Shares
- LunarCapital offers traders favorable trading conditions, featuring narrow spreads and reasonable commission fees.
- However, the lack of cryptocurrency trading might be a limitation for those interested in digital assets.
- I consider regulators such as the FCA and ASIC to be top-tier when compared to other regulators such as those located offshore.
In this review, we will take an in-depth look at LunarCapital, exploring its features, pros, cons, and more. By reading this review, you will gain a better understanding of whether LunarCapital is the right broker for your trading needs and preferences. LunarCapital does not have a crypto funding method, which is a bit of a let down considering that many traders have crypto wallets these days. If you are one of those traders, Axi can be a good alternative if you are looking for a broker with crypto funding. The LunarCapital economic calendar can keep you up to date with the latest news releases which can be filtered according to the currency pairs, dates and impact relevant to your trading.
LunarCapital Group elevates the trading experience by offering a diverse range of trading instruments through its robust and regulated entities. The varied product offerings, educational resources, and sophisticated trading platforms underscore LunarCapital’s commitment to creating an equitable and efficient trading environment. Please refer to the official LunarCapital website for further details on the products, services, and features available across different LunarCapital entities. At FXStreet, we aim to provide our readers an honest and impartial look at certain brokers that you might be interested in trying. LunarCapital embraces cultural, national, ethnic, and religious diversity and aligns its advanced trading platforms and flexible trading conditions to a diverse global clientele. You can get instant access to no-requotes, tight spreads, fast execution speeds, low commissions, and negative balance protection.
The account requires a minimum deposit of $10,000 and doesnot include the Micro account option or participation in the Bonus scheme. LunarCapital broker offers a wide range of accounts, making it attractive to a broad spectrum of investors. Additionally, extra services such as copy trading, contests, VPS, and a loyalty program enrich the trading experience and meet the diverse needs of traders. If you are a forex and CFD trader looking for a trusted broker, LunarCapital can be an ideal choice for your trading journey.
However, in our experience the receipt of funds for the withdrawal to our debit card was within 24 hours. Micro accounts are best suited for beginners or traders with smaller balances, as they limit position sizes, while Standard accounts allow for larger trades. LunarCapital is regulated by multiple authorities, including the Cyprus Securities and Exchange Commission (CySEC), and the Financial Sector Conduct Authority (FSCA) amongst others. This regulatory framework ensures compliance with various standards, although local restrictions may apply to residents in specific countries. Starting from our account opening procedure, to managing your account, depositing or withdrawing funds and finally trading, it’s all straightforward simple and easy to use for all our clients.
Some of the bigger brokers will offer their proprietary platforms to trade on, whilst others will offer other third-party platforms for variety. Professional traders looking for advanced analytical tools including fundamentals will find themselves disappointed with the offering. At LunarCapital there is a Demo Account facility that gives you a virtual balance of $100,000 to play around with and find your feet. The demo account has an unlimited duration, giving you all the time you need to get prepared for trading a real account.