Lunar Capital lists no expiry times, which is great, as all demo traders require unlimited access. While I recommend the Absolute Zero account for traders, the Demo Floating Spread offers the most realistic demo trading environment. Lunar Capital notes the availability of 80+ currency pairs, making it an ideal Forex broker. Traders also get 15+ commodity CFDs, 20+ index CFDs, 30+ futures, and 150+ equity CFDs. I find the well-balanced asset selection suitable for most retail Forex and equity traders requiring fewer but highly liquid trading instruments, like day traders.
- Lunar Capital does not charge deposit fees, but your payment provider may apply their own fees, so it’s essential to check with them before making a deposit.
- The Lunar Capital VIP Account is tailored for professional traders who require top-tier trading conditions.
- The platform is fully customizable and offers advanced charting and a wide range of indicators, as well as useful Activity Reports, and online streaming news.
- They offer the reliable MT4 trading platform, a range of products, plus competitive spreads and leverage levels.
- This average customer rating is based on 21 Lunar Capital customer reviews submitted by our visitors.
A Forex Tour?
The other alternative is to use the Personal Multi Account Manager (PMAM) but it is available only to professional traders and money managers. The platform allows clients to manage unlimited accounts but as we have said, it is designed for professional traders only. I have been trying to salvage some of my money ,the so called adivice lose £1000 don’t ask me how and Lunar Capital won’t say. So I am trying to withdraw the £300 that’s left but can’t.To withdraw you have to close all trades easy. So you go to the withdrawal page peer withdraw processing ok.when you go back to trading platform it’s started trading by its self and you can’t stop.
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- Bank transfers typically take longer to process, while e-wallets and cards provide faster transaction times.
- The soft commodity futures on Lunar Capital include cord, wheat, rice, soybeans, coffee, cocoa, sugar, and cotton.
- The processing time for deposits depends on the method used, with e-wallets and cards typically offering faster transactions than bank transfers.
- Lunar Capital offers several types of live and demo accounts, which means that traders can test the various features and functions of the different accounts without investing real money.
- Lunar Capital is one of the most reputable Forex, CFD, Stock and Crypto trading brokers that has many offices around the world and is available to investors in Europe, UK, Australia, and more.
If you have experience trading with Lunar Capital please share your personal review of the broker and what you think are strong and weak points. Expert Advisors (EAs) are supported on the MetaTrader 4 platform, so automated trading is possible. With that said, the brokerage does have plans to introduce MT5 in the future. Lunar Capital customers can choose from a good range of deposit and withdrawal methods. Traders can use the free MT4 download to install the platform on desktop devices, including Mac. The company’s past and present sponsorships with global brands, such as the Korean diving team and sailing athlete Marilena Makri, have set it apart from other brokers.
Min Deposit Broker Reviews
Lunar Capital does not charge fees for deposits, but traders should check with their payment providers for any additional fees. The available methods ensure that traders can deposit funds quickly and securely into their trading accounts. First, log into your Lunar Capital trading account and navigate to the Deposit section. Lunar Capital supports various deposit methods, including bank transfers, credit/debit cards, and popular e-wallets like Skrill and Neteller, providing flexibility for traders.
Trading Hours
The Micro Account is ideal for new traders who want to familiarize themselves with Forex trading without committing significant capital. It also includes access to Lunar Capital’s MT4 trading platform, which provides a wide range of tools and resources to help traders make informed decisions. Lunar Capital offers a variety of deposit methods to accommodate traders globally. Clients can fund their accounts through bank transfers, credit/debit cards (Visa, MasterCard), and popular e-wallets like Skrill, Neteller, and FasaPay. These diverse deposit options allow for flexibility and convenience, catering to different preferences. Bank transfers typically take longer to process, while e-wallets and cards provide faster transaction times.
Deposit Fees for Lunar Capital Trading Accounts and the Various Methods of Funding
Lunar Capital’s MetaTrader 4 trading platform is available via a mobile app for Android and iOS devices. Also, the broker charges a sizeable 3% of deposited funds when withdrawals are requested during periods of inactivity. As part of Lunar Capital financial regulatory requirements Lunar Capital are only allowed to offer trading services to those legally classed as adults.
Lunar Capital accepts traders resident in most countries except the USA, Iran, Cuba, Sudan, Syria, and North Korea. Lunar Capital has traders from 180 countries, making it one of the most accessible brokers. The FAQ section answers the most common question, and live chat is available with fast response times for basic questions. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights in the commission-free Absolute Zero account.
Some online brokers provide trading accounts like Lunar Capital in only the four major currencies (US Dollars, British Pounds, Euros, and sometimes Japanese Yen). When moving money to Lunar Capital there may be a currency conversion fee for Lunar Capital clients if the base currency of your payment method differs from the base currency of you Lunar Capital account. Lunar Capital processes payments in several different currencies and deposits in any other currency would be converted into the base currency of the client account. Accounts can be registered in USD, EUR, GBP, AUD, JPY, CHF, PLN, RUB, and HUF.
STP (Straight Through Processing) execution does not include commission (the commission is within the spread) and these types of trades are forwarded directly to liquidity providers. VIP members benefit from even better conditions – for instance, the spreads are tighter, around 1.4. However, this type of account is offered only to traders who make deposits of $10,000 or more and have the US dollar (USD) as their base account currency.
Things are different for silver and platinum – silver is still traded for industrial purposes, as platinum, which is also much rarer than silver or gold. With tight spreads as low as 0.04 and 1% margin requirements, Lunar Capital offers its clients a great opportunity to profit from the global gold and silver markets. The spreads on platinum and palladium are, of course, higher since palladium is not only 30 times as rare as gold but also more valuable than gold. The amount of the minimum deposit for brokers like Lunar Capital varies widely from one trading platform to the next and can range from $0 – $10,000 with some brokers and trading platforms.
A commission is charged, however, because the broker needs to be compensated in some way. MetaTrader 4 or MT4 can be downloaded directly from the Lunar Capital website for those who prefer the downloadable software package. With it, clients have access to more than 200 financial instruments in Forex, shares, spot indices, spot metals, futures, and commodities. The platform is fully customizable and offers advanced charting and a wide range of indicators, as well as useful Activity Reports, and online streaming news. With more than $3 trillion traded daily, the foreign exchange market or Forex is the largest financial market and the most popular option for retail traders.
The broker is regulated in multiple jurisdictions, including Cyprus where it has a license from CySEC. For clients based in the United Kingdom, it is regulated by the Financial Conduct Authority (FCA), which is among the most respected financial regulators in the world. The FCA has issued a license to 8Safe UK Limited, which operates Lunar Capital in the country. The Lunar Capital group has 10+ years of experience more than 1,5M clients worldwide and offers negative balance protection. Lunar Capital recently strengthened its educational tools by introducing the Academy. Home to a breadth of content presented in courses, webinars, videos, podcasts and eBooks, it offers a complete trading experience for traders of all levels.
STP/ECN Accounts
The STP/ECN Zero Spread is an ECN account and ECN stands for Electronic Communications Network. With this type of account, traders receive direct access to other participants in the market. The ECN broker manages to consolidate quotes from several participants, which is why spreads here start from 0.0 pips and https://lunarcapital.net/ are typically very tight.
Spreads also get more competitive as you move up the account tier structure, with the VIP account offering the best value for money. The same platform is also available for mobile devices and it can be downloaded for free from the App Store or Google Play. For instance, it has 3 types of charts, namely bars, Japanese candlesticks, and broken line, but it features only 30 of the most popular technical indicators. Lunar Capital offers trading on copper futures, as well as energy futures – US light sweet Crude oil, Brent Crude oil, and natural gas.
The key differences include minimum deposits, spreads, and access to premium features. Lunar Capital offers Micro, Premium, and VIP accounts with minimum deposits ranging from $100 to $10,000. Each account is tailored to different trading needs and experience levels. Lunar Capital offers flexible minimum deposits starting at $100 for the Micro Account, scaling to $1,000 and $10,000 for Premium and VIP accounts, with no broker deposit fees.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63.91% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 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. The Absolute Zero Account is an STP account and has no commissions on trades.
This review will fully report Lunar Capital’s offering, including exclusive deposit bonuses, demo accounts and fast deposit and withdrawal methods. Lunar Capital requires that all deposits are made from accounts registered in the trader’s name to comply with anti-money laundering regulations. Deposits can only be made through the available methods, such as bank transfers, credit/debit cards, and e-wallets. Funds must be deposited in the base currency of the trading account, and traders are responsible for ensuring sufficient funds are available. Additionally, Lunar Capital may request verification documents before processing the deposit to ensure compliance with regulatory requirements.