The spreads for most instruments are about the same with both the account types at Lunar Capital. There is not much different in these account types other than the platform. If you want to trade on MT4, then choose MT4 account, but if you prefer MT5, then choose MT5 account. Lunar Capital has a transparent overnight fee schedule that indicates the overnight and swap fees for every financial instrument that can be traded. For example, the current overnight fees on EUR/USD are -0.64 pips on a short (sell) position and -1.03 pips on a long (buy) position.
Does Lunar Capital support RAW/ECN accounts?
- Traders from South Africa have option to open only USD base currency account.
- The deposit and withdrawal for Lunar CapitalFX are commission-free, and most of the payment options are instant, but some might take 30 mins to 1 hour.
- My expertise lies in specific areas, e.g., investment analysis, crypto, economic reporting, fintech trends.
- Yes, during certain events, Lunar Capital may offer promotions where traders can receive up to a 100% bonus on their deposits.
- In contrast, the MetaTrader 5 account is more suited for advanced traders, providing access to 277 instruments, including 150 stocks and 26 intraday assets.
Lunar Capital offers a robust range of trading instruments, from currency pairs to stocks, indices, and cryptocurrencies, catering to diverse trading strategies. With flexible leverage options and a comprehensive selection of assets, it provides an all-encompassing platform for traders looking to explore multiple markets. Lunar Capital is a global online trading broker that has been operational since 2011. With over 42 million trading accounts across 180 countries, it offers commission-free access to various financial markets. The platform provides an extensive selection of trading instruments, totaling 277, including CFDs on stocks, forex currency pairs, precious metals, energies, indices, and cryptocurrencies.
Both trading platforms allow CFDs and cryptocurrencies trading along with following the easy accessibility user friendliness methods to allow all trades everywhere at any time access. You can access both platforms from the web, IOS, android, and windows. We’ll be talking about one of the lowest spread provider forex brokers in the market and that is Lunar CapitalFX. Founded in 2011 in St. Vincent and the Grenadines, Lunar CapitalFX is making sure to provide its clients with the best trading experience they can have. Lunar Capital clients can make deposits and withdrawals via bank wire, credit card, digital wallet, and cryptocurrency. Processing times range from instant to a few hours, which is better than average for the industry.
Does Lunar Capital operate a bank?
It allows clients to learn and try multiple risk management strategies without any deposit. The Lunar CapitalFX Demo Account is essentially a practice account With which users can understand and get familiar with various features of the Forex trading platform before committing real funds. However, https://lunarcapital.net/ clients can choose their preferred virtual balance of the account in order to dictate the pace of their learning process themselves. The broker claims to offer competitive spreads as compared to other forex brokers. Lunar CapitalFx boasts of a spread floating, starting from as low as 0.6pips.
Yes, both MetaTrader 5 and Lunar CapitalTrader offer mobile apps for Android and iOS, so you can trade on the go, regardless of which platform you choose. The information provided by the applicant must be accurate, relevant, and up-to-date. After choosing a platform, the applicant will press continue to finalize account creation.
No, the broker does not offer real shares as part of its trading instruments. Going by customers’ review, Lunar CapitalFx can be said to be unworthy in light of numerous complaints heralding withdrawals, especially on large size accounts. The custom-built Lunar CapitalFx mobile trading app features a simple yet functional user interface. The respective app versions are downloadable from the Google Play Store or App Store for Android and iOS-based mobile phones. With a fine landing page, users are allowed to edit profiles, manage account settings and process withdrawals. Lunar CapitalFx offers 33+ forex pairs, inclusive of majors (the EUR/USD pair, GBP/USD, USD/JPY), minors (EUR/GBP, GBP/CAD, AUD/CAD) and other exotic pairs.
Lunar Capital Markets Incorporated is based at Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines. Lunar CapitalFX is licensed and regulated by FSA SVG license number #19776 IBC 2011. Withdrawals are processed instantly or within 30 minutes, depending on the method chosen. To open an account with Lunar Capital, click the Open Account button at the top right of the homepage, or access the registration form through the signup page link.
Lunar Capital FX compared with alternative brokers
On the other hand, the MetaTrader 5 account provides a wider range of 277 instruments, including 150 stocks and 26 intraday assets, making it ideal for more advanced traders. With demo accounts, the ability to trade in micro-lots, copy trading, and strong educational resources, I rate Lunar Capital as a suitable broker for beginners. Experienced traders can take advantage of the advanced features in the MetaTrader platform, such as automated trading. There is also the possibility of earning extra money as a Master Trader within the copy trading platform. While Lunar Capital is an international and offshore forex broker that is registered in The Comoros, it is a reputable name in the financial industry. Lunar Capital offers Nigerian traders a wide range of offerings and investments, competitive and transparent trading costs, and a choice between powerful trading platforms.
- With all the updated and new technologies in the market, it seems like Lunar Capital FX is falling behind with its updates.
- With fast processing times, no fees, and a wide range of payment options, Lunar Capital makes it easy for traders to fund their accounts and withdraw their earnings securely.
- There is a very high degree of risk involved in trading securities.
- Luckily there’s a ton of stuff online these days, but it would have been nice to have everything in one place.
- With a wide array of technical analysis tools and customization options, MT5 is perfect for those who require a more complex and flexible trading experience.
Lunar CapitalFx Online Reviews
They particularly cater very well for the new traders with an excellent basic training in forex including topics like how to get started with the broker, ECN trading, and technical analysis. Managing risk is of course a vital element for any forex trader and broker combination. Lunar CapitalFX utilizes all of the tools that are in place with your trading platform to help you to do this. Taking a look at the CFD markets available from Lunar CapitalFX, it is noted that they offer a little more than 70 assets in total. Some of them may not be available within every region or account type.
Lunar Capital offers a swap-free Islamic account that adheres to the principles of Sharia law. Available leverage differs according to the asset class, with the most leverage available with CFDs on forex and the least with CFDs on shares. Copy and automated trading are only available on the MT5 desktop platform.
Assets Offered by Lunar CapitalFX
In addition to currency pairs, metals and CFDs, here you can trade Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Ripple cryptocurrencies. The terminals are compatible with any device with internet access and they support all major tools, including one-click trading, advanced charting, and technical analysis. Lunar Capital uses modern technologies to protect the transactions and personal data of customers. The user’s personal account is protected by SSL and 128-bit encryption, and 3D secure technology is used to process credit and debit cards.
There are other broker platforms that charge zero pips and low or zero commissions. However, these pricing structures often come with other costs, such as high inactivity fees. Lunar Capital runs primarily off of the MetaTrader platforms, including both MT4 and MT5. The MetaTrader platforms are often https://lunarcapital.vip/ preferred due to their robust features and overall usability.
In addition, the broker gives out various bonus options, yet these offers differ according to geographical regions. Trials integrating the failure to be CMA regulated into trading considerations should be part of decisions about Kenyan traders using Lunar Capital. The broker should be evaluated alongside brokers registered with the CMA for traders to decide the perfect brokerage service. Lunar Capital offers transparent trading conditions with no commissions, no deposit or withdrawal fees, and competitive floating spreads starting from 0.6 pips.
The broker used to be regulated by one of the best regulators yet they lost it and now their regulation is under review. Lunar Capital FX is a multi-award-winning forex and CFDs broker that has a great base of clients from all over the world. The Lunar CapitalFX scam is surely a closed matter by now since the regulation and licenses were explained all in the designated section at the beginning of this Lunar Capitalfx review. The tutorials contain a How to section where all the steps of any procedure you might need to take are explained in detail, with step-by-step visuals to make it easier for the clients. The FAQs are covering any and all questions you might ever wonder about regarding any topic.
What’s more, Lunar CapitalFX offers attractive bonuses, competitions and solid customer support, making it a reliable and accessible choice for efficient trading. Operating under multiple top-tier financial regulators and offering security measures like negative balance protection, funds segregation, etc., makes the broker extremely reliable. Lunar Capital is an international broker ideal for traders looking to operate under competitive conditions. It offers high leverage, a diverse range of instruments, and user-friendly trading platforms. In addition, Lunar Capital provides extra services to its clients, including educational content, relevant information, bonuses, and customer support, which are readily available to resolve any issues.
Additionally, the Lunar Capital platform features a one-click trading button that cannot be removed, which poses a risk since clicking it executes trades without confirmation. Alerts and each executed order are notified through browser notifications. Additionally, the app allows users to view the history of each operation, including changes made to orders, with great clarity. A few minutes after submitting the withdrawal, we received a confirmation email.