The current commission rate is 3.5 USD for each 100,000 USD traded. By offering the variable spreads, they allow traders to do more with fewer restrictions. Regarding manual trading signals, Lunar Capital offers its clients information about the most tradable instruments.
Brokers like Lunar Capital must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances. Lunar Capital are able to accommodate various levels of traders whether you are experienced or a beginner. We understand that informed decisions with Lunar Capital are the key to successful trading, so we’ve provided this detailed Lunar Capital review. So, take a seat, grab a cup of coffee, and dive in to learn about Lunar Capital and how it can benefit you or if Lunar Capital is not for you.
Trading Platforms
Traders with Micro and Standard accounts pay the Lunar Capital variable spread on CFD trades instead of a commission. All withdrawals above $200 processed by wire transfer are included in Lunar Capital’s zero fees policy. First, you fill in some basic information including your name, address, and some information about your financial background and trading experience.
- This is an impressive selection of stock CFDs and is beyond the offering of most brokers.
- Trading online with Lunar Capital requires an understanding of what you are doing.
- Kenyan traders who need to trade on the go can use the Lunar Capital Mobile App as their all-in-one trading solution.
Platforms
These points can be redeemed for trading credit, and they don’t expire. The program is designed to benefit active traders based on their trading volume. The eligible trading accounts are the micro and standard accounts only. Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.
- Lunar Capital offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms for desktop users.
- Don’t worry if you are not trading enough volume, you can still request the Lunar Capital VPS in the Members Area for a $28 monthly fee.
- However, it is a little unusual as it forces the smaller depositor to consider when to make the withdrawal and when to sit tight and wait for the profits to go above $200.
- Withdrawals via bank wire and debit card usually take 2-5 business days to reach the client’s account.
There is a very high degree of https://lunarcapital.team/ risk involved in trading securities. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Bank transfers can take a few business days to clear and Lunar Capital covers all the charges for bank transfers of $200 or more.
Lunar Capital Deposits and Withdrawals
Lunar Capital also hosts live webinars and seminars seven days a week in 23 languages, led by 77 instructors. Disappointingly, there’s no https://lunarcapital.vip/ support for cTrader or TradingView, the latter of which we’re increasingly seeing being integrated by brokers, including IG and Lunar Capital. However, a copy trading feature is exclusive to the Lunar Capital mobile app. Popular crypto pairs are available exclusively on the mobile app, including BTC/USD and ETH/USD. Lunar Capital have problem withdrawal via online bank transfer is under maintenance over one months, support not responsible, be carful everyone.
Does Lunar Capital offer a Demo Account?
Know all the risk and scams with Forex, if you’re against that please refrain from making comments bashing forex trading. If you are new to trading online and would like to learn more about the different platforms available and how to use them, Lunar Capital have a generous selection of tutorial videos that can help. Personally, I have used MT4 for many years and never felt the need to switch over to MT5 just yet.
Lunar Capital provides a variety of account types tailored to different trading needs and experience levels, with availability depending on the regulated region. Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible. Overall, strict financial regulation is essential for ensuring that trading platforms like Lunar Capital operate fairly, transparently, and responsibly, which ultimately benefits all Lunar Capital stakeholders involved. We put their live chat to the test, reaching out through both their app and website. We were pleasantly surprised to receive a response within three minutes.
Operating since 2009, Lunar Capital is a reputable broker known for its Forex and CFD trading offerings. Under control of several agencies, including ASIC and CySEC, Lunar Capital guarantees a safe trading environment, also is a reputable firm operating for many years with excellent ranking and reviews from traders. To suit different trading tastes, the broker provides over 1,000 trading products, including stock CFDs, precious metals, and 55 currency pairs. Lunar Capital stands out as a trusted platform, offering a secure trading environment backed by its status and conditions favorble to trading preferences, flexibility of platforms and available extra features. Moreover, while the majority of brokers still charge for wire withdrawals, Lunar Capital deposits and withdrawals above 200 USD processed by wire transfer are also included in the Company’s zero fees policy. Usually handled in 24 hours, withdrawal requests vary in the time it takes to get money, depending on the method.
What funding methods do Lunar Capital accept?
FXTM have a greater range of online payment options compared to Lunar Capital. Lunar Capital Group have a variety of fast and convenient deposit and withdrawal options. Providing options such as Skrill allows for faster transfers to and from trading accounts. The forex webinars are available 19 languages, 7 days a week with 65 webinar instructors. To qualify for the free VPS, they will also take in to account any other trading accounts you may have registered that use the same email address. I think it is great for finding trading signals and can save you hours by automatically scanning the markets on your behalf.
Brokers receive praise because they provide educational resources alongside transparency which makes them a top selection among traders throughout the world. The popularity of mobile trading did not go unnoticed at Lunar Capital, which offers mobile apps for the MT4 and MT5 trading platforms for Android and Apple devices. They operate on mobile phones and tablets, provide full MT4/MT5 functionality, support three chart types and 30 technical indicators. Real-time interactive charts and built-in market analysis tools exist.
Is Lunar Capital Group a safe forex broker?
Potential negatives, meanwhile, include inactivity fees, a small product range, and unavailability for American traders. Lunar Capital Global offers a similar selection of instruments and provides higher leverage options in some instances. It includes more than 50 cryptocurrency CFDs available only in regions regulated by the Financial Services Commission (FSC) of Belize. While both Lunar Capital entities provide a comprehensive range of trading options, specific offerings may vary due to different regulatory requirements. Additionally, Lunar Capital provides over 20 equity index CFDs, 5 commodity CFDs, and futures CFDs on various assets, including precious metals and energy markets. Lunar Capital offers Islamic swap-free accounts, featuring no swap or rollover interest, unchanged spreads, no upfront commissions and traders can hold positions indefinitely.
These checks are a standard practice that helps Lunar Capital maintain a trustworthy financial environment for its 10,000,000 users. Detailed information on the Lunar Capital trading platforms is available on their website. Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee. In addition, currency conversion fees may apply if the Lunar Capital withdrawal and receiving currencies differ, adding to the overall transaction costs. Awareness of these Lunar Capital fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your Lunar Capital funds.