Importantly, iy accepts all trading styles and Expert Advisors (including scalping robots) without restrictions. The e-wallets Neteller, Skrill, EeziePay and AWEpay are the fastest as they process withdrawals immediately. Crypto withdrawals are also quick as you can expect funds to be transferred within just 15 minutes. However, bank cards and wire transfers take up to five working days. This makes the broker a worthwhile option for serious forex traders who will also enjoy the VPS service and MT4 support. Lunar Capital’s offshore entity offers a 100% welcome bonus up to $2000 whereby new clients can double their initial deposit size.
- In our opinion, its Islamic account is one of the best on the market because you can keep your positions open for as long as you want without incurring additional costs.
- Another bonus for us is the $0 minimum deposit and 0.01 minimum lot size, which makes Lunar Capital more accessible than forex brokers such as Plus500 and AvaTrade, both requiring a minimum deposit of $100.
- Or I can risk the same, but now I am risking much less of my own funds👍👌What’s great here is education as well, actually a lot of it, and you can see how comprehensive it is!
- Headquartered in Cyprus, it is regulated by the Cyprus Securities and Exchange Commission (CySEC) and offers access to a diverse range of financial instruments through its award-winning trading platforms.
Is Lunar Capital A Regulated Broker?
Crypto payments are also accepted in several major coins https://lunarcapital.net/ such as BTC, ETH and USDT. Clients will also need to pay rollover fees as well as a $5 dormancy charge on accounts that have been inactive for 120 days. A Multi Terminal option is available for investors who wish to manage multiple accounts on the same platform.
Lunar Capital has published 11 educational e-books covering a wide spectrum of topics (building a trading plan, trading mentality, scalping, etc.). What I found particularly useful is the extra attention paid to trading psychology. Understanding how to adopt a proper trading mentality is especially important for long-term success in the market. Lunar Capital has a highly informative educational section that covers the ABCs of trading. This includes multiple articles, guides, and e-books on topics related to fundamental analysis and trading psychology.
The website also has a dedicated FAQ section for more general queries. I also appreciated that Lunar Capital offers gold and crude oil assets denominated in multiple currencies (EUR and USD), making it more competitive for traders with different base currencies. The standout feature in Lunar Capital’s instrument selection is its forex pairs offering, which I discovered to be one of the most diverse in the industry.
Got my deposit quick with a 100% bonus…
- That’s a key factor for me and that’s why I decided to join them and I can say since the moment I started trading through this broker I didn’t have any problems.
- That said, this broker does implement negative balance protection across both EU and offshore entities, unlike alternatives such as Fusion Markets.
- Lunar Capital has two operating subsidiaries, one authorized by the business-friendly VFSC and one by the CySEC, which operates under the globally least-competitive ESMA regulatory framework.
Prospective investors can sign up for a paper trading account in a few simple steps. All information on this website represent subjective views of the authors and they are solely informational. The operator of the website or the authors of the articles do not bear any responsibility for any decisions that visitors may make after reading articles published on the TradingBeasts website. When you trade Forex, CFDs or other financial instruments you are exposed to a high risk of loss. We review and rate companies offering trading platforms for Forex, CFDs and other financial instruments.
It creates unrealistic trading expectations, and the absence of trading psychology negates the educational value. I rank trading costs among the most defining aspects when evaluating an exchange, as they directly impact profitability. Lunar Capital offers traders a competitive commission-free trading environment. The EUR/USD spread ranges between 0.0 pips and 0.3 pips, with occasional spikes during the market news and trading session breaks, which Lunar Capital transparently displays on its website.
These incentives are crafted to reward both new and existing traders, encouraging continuous engagement with the platform and maximizing trading potential. Lunar Capital offers mobile trading apps compatible with both iOS and Android devices. These apps allow traders to manage their accounts and execute trades on the go with full access to MT4’s features.
This type of trading model levels the playing field with more transparency and a greater degree of control over your trades. Customer support is available 24/5 via e-mail, webform, phone, fax, and live chat. The FAQ section answers many of the most common questions, and Lunar Capital is transparent about its products and services. Most traders are unlikely to require additional assistance unless of an emergency. New traders have access to fourteen quality educational posts plus a dedicated section on major economic reports. Eleven eBooks complete the education at Lunar Capital, and the overall product remains impressive.
The Desktop Version of Lunar Capital’s MetaTrader 4 Platform
Lunar Capital is regulated in Cyprus and the Comoros, and client funds are held in separate accounts. On the downside, Lunar Capital’s high fees for most withdrawal methods are a disadvantage. The $30 – $45 charges are way above brokers such as eToro, which only charges $5, and many brokers we evaluate that offer free withdrawals.
Demo Account
Additionally, traders have access to real-time market data and analysis to help them make informed decisions. The combination of educational tools and a well-regulated environment makes Lunar Capital a reliable option for traders looking to expand their knowledge while maintaining secure trading conditions. If you’re just a typical retail trader, doesn’t matter which trading style your prefer, you can reveal your potential cuz trading conditions are favorable and flexible. Rather big leverage, tight spreads, accurate execution and Metatrader platform ensures stable & profitable trading. Lunar Capital offers trading on forex, indices, cryptos, energies and metals on the trusted MetaTrader 4 (MT4) platform. In this 2022 broker review, we log in to the Traders Hub to explore minimum deposits, regulations, leverage and demo accounts.
Still, I feel that Lunar Capital could become a more attractive forex broker by expanding the range of tools it supports. One excellent addition would be copy trading, allowing rookie traders to mirror and learn from more experienced peers, who can earn commissions from copiers. Another bonus for us is the $0 minimum deposit and 0.01 minimum lot size, which makes Lunar Capital more accessible than forex brokers such as Plus500 and AvaTrade, both requiring a minimum deposit of $100.
Brokers operate multiple entities because it allows them to serve clients worldwide. However, licenses obtained by regulators in different jurisdictions do not always entail the same degree of protection. I’ve observed its execution performance over several days and discovered that Lunar Capital averages speeds below 60 milliseconds. However, no investor compensation fund available in the Comoros should Lunar Capital, or one of its counterparties, become insolvent.
This commitment to security helps to instill confidence in traders who seek reliability and transparency. Lunar Capital broker has been on my radar for a long time and as soon as I saw they added the metatrader 5 platform a few weeks ago, I joined almost immediately. I remember how I was reading many various reviews and there were a lot of people asking about adding the mt5 platform and it seems, the broker indeed cares about the comfort of its customers. After completing the registration process, I decided to take advantage of their 100% deposit bonus and it was easy and peasy to meet all the terms and conditions. Lunar Capital offers demo accounts that introduce traders to the broker’s services and allow them to tweak their strategies in a risk-free environment.