Our broker ratings are also informed by the experience of our researchers during the evaluation process. 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. When accessing this website from a country in which its use may be restricted, it is the user’s responsibility to ensure that any use of the website or services complies with local laws or regulations. To open an account with LunarCapital, traders must complete a few key steps.
LunarCapital Risk Statement
First, you need to provide personal information, such as your name, email, and contact details, along with creating a secure password. The minimum deposit varies based on the account type, starting at $100 for the Micro Account. Completing these requirements is essential to ensure compliance with regulatory standards. FxScouts helps traders across the globe by meticulously testing and reviewing online brokers and providing Forex education and market analysis. While partners may pay to provide offers or be featured, they cannot pay to alter our recommendations, advice, ratings, or any other content.
- Be sure to withdraw any remaining funds before initiating the closure process to avoid delays.
- LunarCapital allows accounts to be denominated in 13 different base currencies, depending on the account chosen.
- Join LunarCapital in 3 easy steps and experience a bespoke trading environment with best-of-market spreads and the widest range of trading instruments.
- It’s important to check whether your country is supported before attempting to open an account.
How to start your trading journey
LunarCapital uses standard security features to keep clients’ personal information secure, including website encryption. Our team were also pleased to see that the broker offers negative balance protection, meaning traders cannot lose more than their account balance. The copy trading tool is excellent for beginners looking to learn from seasoned traders while experienced investors can generate an additional revenue stream. Mobile users benefit from total trade management without having to sacrifice functionality.
- LunarCapital does not offer its services to residents of certain jurisdictions such as USA, Iran, Cuba, Sudan, Syria and North Korea.
- With that said, the brokerage does have plans to introduce MT5 in the future.
- Expert Advisors (EAs) are supported on the MetaTrader 4 platform, so automated trading is possible.
Can I Use MetaTrader 5 At LunarCapital?
First, ensure that all your open positions are closed and your account balance is cleared. Next, contact LunarCapital customer support via email or live chat to request account closure. You may be required to submit identification documents for verification purposes before the account can be closed. After verification, LunarCapital will process your request and confirm the account closure. Be sure to withdraw any remaining funds before initiating the closure process to avoid delays. LunarCapital’s blog content is curated by LunarCapital’s in-house analysts and is updated frequently.
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. I like that I can select from a lot of accounts at absolutely any point, giving me the full range functionality of the platform. If I decide to use a different strategy that would be best with a different set of trading conditions, trade execution, spread and leverage, I can simply create an account that fits my demands.
Traders can choose between floating/fixed spread Standard, Premium, and VIP accounts. Alternatively, the Live Zero Fixed Spread account comes with zero spreads, but traders will have to pay a commission. Yes, LunarCapital allows you to open multiple accounts, each with different account types if needed, to match different trading strategies. Open an institutional account and offer your clients access to best-of-market liquidity and reliable execution.
However, they do change over time and vary between countries, so check the current offers available when you sign up. Expert Advisors (EAs) are supported on the MetaTrader 4 platform, so automated trading is possible. Withdrawal times vary depending on the banking provider but range from the same day to 10 days. Traders can use the free MT4 download to install the platform on desktop devices, including Mac. Alternatively, you can trade directly through MetaTrader’s WebTrader.
This is a wider range than is typically seen at most other brokers. Founded in 2010, LunarCapital maintains regulatory oversight from CySEC, ASIC, the FCA, and the FSCA, an impressive list of highly regarded regulators. Trading is offered on multiple assets, including commodities, indices, metals, futures, shares, and over 80 Forex pairs, a larger range than is typically seen at other brokers. An account manager is available with all of LunarCapital’s trading accounts. When we used LunarCapital, our experts also found that scalping, hedging, intraday trading and swing trading are all accepted. LunarCapital customers can choose from a good range of deposit and withdrawal methods.
Alison Heyerdahl is the Head of Content at FxScouts and a financial writer with extensive experience in Forex trading, broker analysis, and market research. She has reviewed 100+ brokers, publishes weekly YouTube trading videos, and co-hosts the “Let’s Talk Forex” podcast to help traders make informed, safe decisions. LunarCapital is a strong all-round broker with a reliable platform, low fees, high leverage, and a selection of welcome bonuses. Traders can also get started with a $100 minimum deposit while the LunarCapital.com group has good reviews from other users online. The primary difference between live floating/live fixed trading accounts and the ECN/STP model is market execution.
How to Close LunarCapital Account
Compare LunarCapital with the top 3 similar brokers that accept traders from your location. LunarCapital also offers the Cent account with which clients can start with fewer funds and smaller lot sizes. Finally, investors benefit from the latest features from Trading Central via the Client Portal as well as from trading widgets including a currency converter, a pip, margin and profit calculator.
Trade Smarter with LunarCapital Academy
We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. I have been trying to salvage some of my money ,the so called adivice lose £1000 don’t ask me how and LunarCapital 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. So now your withdrawal will be denied as your trading.This just goes on and on.
Payment Methods
You’ll need to provide your personal details, including name, email address, and phone number. The next step is completing the KYC verification, which requires submitting valid identification (passport or driver’s license) and proof of address (such as a utility https://lunarcapital.space/ bill). Once verified, you can select your account type and make your initial deposit. The minimum deposit starts at $100 for the Micro Account, and your account will be ready for trading.
Open a Demo Forex Account for Free
LunarCapital also offers an economic calendar while a VPS is available for $30 per month or with a minimum deposit of $5,000. Finally, check any minimum deposit bonus terms and conditions when you register for an account as they are subject to change. Spreads also get more competitive as you move up the account tier structure, with the VIP account offering the best value for money. You’ve successfully signed up for our forex newsletter, where you’ll receive expert insights, market analysis, and the latest news straight to your inbox. To ensure fairness and transparency, we independently verify broker claims and integrate real-user feedback, regulator data, and live trading tests. The radar chart to the left illustrates the weight of each category in our final scoring system.
For the purposes of this review, we found the customer support responsive but uninformed. They were unable to answer many of our questions and seemed generally confused. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. If you have traded with LunarCapital we would really like to know about your experience – please submit your own review. Welcome bonuses are available at LunarCapital when you register for a new account.
LunarCapital account opening requires KYC verification with valid ID and proof of address. Minimum deposit starts at $100, with accounts ready for trading within hours. Open a corporate account designed to offer Corporates throughout the world access to global capital markets and strong liquidity through our award winning trading platforms. LunarCapital offers a wide range of deposit and withdrawal methods, and while no fees are charged for most methods, withdrawals by bank wire transfer are expensive. As LunarCapital only offers MT4, on mobile as well as desktop, the mobile trading experience is limited compared to other brokers.