In our reviews, we examine the licenses and regulations of each entity operated by a broker, allowing us to compare their different levels of protection. We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation. Lunar Capital does not offer its services to residents of certain jurisdictions such as USA, Iran, Cuba, Sudan, Syria and North Korea. Lunar Capital accepts a range of different payment methods including Skrill, Neteller, SafeCharge, Dotpay, NetBanx Asia, Visa and Mastercard, and ChinaUnion. Fees apply for some of the methods, and there are also minimum and maximum amounts that apply. Lunar Capital holds a “Trusted” rating with a trust score of 83 according to ForexBrokers.com, indicating a reliable level of trustworthiness in the industry.
It’s always a good idea to plan and allow for potential delays, especially when using bank transfers. It’s important to note that Lunar Capital doesn’t have in-activity, desposit, or withdrawal fees. An FX withdrawal takes between one and ten business days, dependent on the payment processors and the geographic location of traders.
If you have traded with Lunar Capital we would really like to know about your experience – please submit your own review. From the client portal, navigate to “Transactions”, select ‘withdraw’ and follow the instructions.
Understanding the Regulatory Protections of Your Account
Lunar Capital offers an innovative copy trading solution through its TradeCopier platform. This allows traders to leverage the expertise of successful traders or share their own strategies with others. The FAQ section answers the most common question, and live chat is available with fast response times for basic questions. Just a few days ago I closed excellent buy order on EURUSD currency pair. The trading platform has been very convenient and easy to navigate.
According to its LinkedIn page, Lunar Capital has been in operation for 15 years and employs over 600 people—both indicators of its stability. After reviewing the broker’s legal documents, I found everything to be in order. The Client Agreement is easily accessible on the website, with all relevant information presented clearly and in an easy-to-understand format. In our Trust category assessments, we evaluate factors tied to stability and transparency, including the broker’s operating history, company size, and information transparency. Overall, I concluded that Lunar Capital is an excellent choice for day traders, copy traders, and algorithmic traders.
Okay so Lunar Capital has its perks, but there are some things to keep in mind. One positive aspect I identified was their range of https://lunarcapital.vip/ account types and trading instruments, which gives flexibility depending on your trading strategy. The spreads are decent, especially with their Zero Spread account, and I appreciate that they have MT4, which I’m already familiar with. Their educational resources are also helpful for beginners, with webinars and an economic calendar that can guide trades.On the downside, withdrawals aren’t the fastest. It took me a few days to get my funds, which wasn’t what I expected. I also felt the platform could improve with more advanced tools for experienced traders, as it feels a bit limited.
- It asks for name, e-mail, phone number, country of residence and knowledge and experience.
- I am especially happy with Zero Spread account, where spreads are really minimal, which is important for active trading.
- Lunar Capital accepts a range of different payment methods including Skrill, Neteller, SafeCharge, Dotpay, NetBanx Asia, Visa and Mastercard, and ChinaUnion.
- Compare Lunar Capital with the top 3 similar brokers that accept traders from your location.
- Our content production team (text, images, videos, software, Chrome extensions, audio, etc.) works independently.
- As shown above, a common issue with MetaTrader is that charts can quickly become cluttered, even with just two indicators.
So now your withdrawal will be denied as your trading.This just goes on and on. To put bluntly you have done your money and when you complain you get a call no it can’t be stopped but if you deposit some you may get a profit. All this together makes trading on company’s platform profitable and efficient.I trade currency pairs. At the same time, I trade major, minor and even exotics.With such leverage I can use small part of the margin.And thanks to tight spreads, my trading is always https://lunarcapital.team/ efficient.
Only verified trading accounts can deposit and withdraw, and the name on the payment processor must match the Lunar Capital account name. Some payment processors have geographic restrictions, but the Lunar Capital back office will only list the ones available to traders. Here is my opinion about trading conditions of this broker and how they correspond to my trading.Company provides quite favorable spreads. And thirdly, broker provides a wide range of financial instruments, including currency pairs. To reinforce theory with practice, traders can use the demo account provided by the broker on MT4. The risks of losing funds are eliminated since the trader uses virtual money.
As with any broker, it’s advisable to conduct thorough due diligence before opening an account. These bonuses can significantly boost your trading capital, allowing you to explore new strategies with less risk. I want to caution beginner traders when using demo trading as a simulation tool, and they should consider the limitations. Demo trading does not grant exposure to trading psychology and can create unrealistic trading expectations. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with.
Is Lunar Capital suitable for beginners?
Contracts for Difference (CFDs) are financial derivative instruments that allow traders to speculate on the price movements of an asset without owning the asset itself. Lunar Capital provides free Virtual Private Server (VPS) hosting to high-volume traders interested in achieving lightning-fast order execution speeds and stable internet connectivity. You can also use the app to place market, limit, and stop orders, as well as to adjust the exposure of your open trades.
Lunar Capital Supported markets vs top competitors
The training programs are designed based on tools for traders of all levels, from “beginner to advanced.” Lunar Capital offers a wide range of retail and professional accounts with different pricing mechanisms and no minimum deposit requirements. Traders can choose between fixed-spread and floating-spread accounts.
Lunar Capital offers a good range of trading platforms
For traders with different needs, the company provides a wide range of trading instruments —from standard to exotic currency pairs, stocks, metals, and commodities. Lunar Capital offers a wide and diverse selection of trading accounts, including commission-free and raw spread accounts. Additionally, the broker provides a Personal Multi-Account Manager (PMAM) platform designed for professional traders and money managers.
My test indicated that the spreads on this account are broadly average to high compared to the industry benchmark. The broker does not impose a handling fee for deposits or withdrawals. Lunar Capital provides a variety of accessible and diverse trading accounts, giving clients the flexibility to choose between fixed spreads and floating spreads. However, the broker could enhance its offering by introducing an alternative to the MetaTrader 4 platform. To evaluate brokers, we test the accounts, trading tools and services provided. Over 200 data points are considered, from minimum deposits and trading fees to the platforms and apps available.
Is Lunar Capital regulated?
- Lunar Capital customers can choose from a good range of deposit and withdrawal methods.
- Payments typically take up to 24 hours, though wire transfers may take up to five business days.
- MT4 promises advanced charts with nine timeframes, over 30 built-in technical indicators, real-time news, plus automated trading capabilities.
- Lunar Capital is an online, multi-asset broker best known for forex trading.
- Alternatively, the Live Zero Fixed Spread account comes with zero spreads, but traders will have to pay a commission.
Commissions via Neteller – not the most pleasant moment either, I would like more flexibility in this regard. I agree that the platform can add more advanced features for experienced traders, it would be useful. But in general, the support works well, and the security level is high, which is important. I think despite the shortcomings, Lunar Capital remains a good choice for many traders. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money.
There is also free VPS hosting and a visual representation of when the major markets are open. The Lunar Capital Research mobile app provides financial articles, real-time currency quotes, daily technical and fundamental commentaries, live economic calendar alerts, and daily market news. There are enough resources for beginners and experienced traders alike. I’ve been using Lunar Capital for some time now, mainly because of its wide range of trading instruments.