To open a Micro account, traders have to make a minimum deposit of $5. Traders who prefer the Shariah account can also choose to open an Islamic account type as well. Hedging is allowed, and the minimum trade volume is 0.01 lots in MetaTrader 4 and 0.1 lots on MetaTrader 5 platform. The amount of open or pending positions that traders can open at a single time is up to 200 positions with up to 100 lots per ticket. In terms of trading instruments, Lunar Capital is a well-known diverse class assets provider, varying from Forex, Crypto, Stock CFDs, Turbo Stocks, Commodities, Equity Indices, Precious Metals, Energies, & Shares.
Trading Conditions
If you are looking to trade cryptocurrencies with all other benefits, Markets.com might be a good alternative for you. Those of you with some experience will probably not find anything new here. In saying that, there are some unique trading strategies that I found inspiring and learnt some new things to implement into my own trading. Contact us directly for further inquiries about our https://lunarcapital.team/ products and services. Lunar Capital is an online brokerage firm founded in 2009 in Belize, and is part of Trading Point Holdings Ltd.
There is a minimum withdrawal amount of $5 (or equivalent) for all accounts except for the Lunar Capital Shares Account which has a minimum $10,000. Withdrawals via bank https://lunarcapital.vip/ wire and debit card usually take 2-5 business days to reach the client’s account. Lunar Capital is regulated by multiple authorities, including the Cyprus Securities and Exchange Commission (CySEC), and the Financial Sector Conduct Authority (FSCA) amongst others.
Kenyan traders who need to trade on the go can use the Lunar Capital Mobile App as their all-in-one trading solution. The app integrates features from both MT4 and MT5, allowing users to trade various financial instruments directly from their smartphones. MetaTrader 5 (MT5) is the upgraded version of MetaTrader 4, offering more advanced tools and features. Kenyans traders who need enhanced functionality beyond basic trading should consider MT5. In addition, once the form is complete, Kenyan traders must complete the KYC process to submit proof of identity and residency. Once the information and documents have been compared and verified, the account will be approved, and traders can deposit funds to start trading.
- In addition, on Lunar Capital Zero accounts there is a no re-quote execution policy, hedging and EAs are both allowed, as well as zero fees on deposits and withdrawals.
- You cannot change your trading currency once you have selected it on Lunar Capital.
- One of the primary resources is the daily market analysis, which includes interesting insights into major financial markets, updates on significant economic events, and analysis of key market trends.
- Lunar Capital also hosts live webinars and seminars seven days a week in 23 languages, led by 77 instructors.
- You can follow the latest market happenings and discover potential trading opportunities based on technical and fundamental analysis across multiple asset classes.
There aren’t many brokers who offer Autochartist to you, although GO Markets do. Lunar Capital Group monitors the latest industry trends to keep up to date with innovative technologies and to be able to adapt to clients ever-changing and demanding needs. They do not compromise on trading performance which ensures they offer some of the lowest spreads and fastest execution speeds whilst remaining versatile to ensure you can trade in comfort.
Clients of Lunar Capital can set up their accounts to be in the following base currencies – USD, EUR, GBP, CHF, AUD, HUF, JPY, AUD, RUB, SGD, ZAR and PLN. Funds can be paid in using debit card, credit card, bank transfer or ePayment agents. Lunar Capital has been operating since 2009 and the broker has used that time to develop an impressive and useful range of FAQs. The related questions can be easily accessed from the side bar, meaning that receiving further information can be done so intuitively. Once the application is complete, there is a short delay whilst the broker verifies your details.
Currencies accepted for deposits/withdrawals
Know all the risk and scams with Forex, if you’re against that please refrain from making comments bashing forex trading. No, Lunar Capital does not have VIX or Volatility 75 Index on their platform at this moment. Lunar Capital has NASDAQ or NAS100 CFD instrument which is listed as US100 on their platform. Except for bank wire transfers which can take a maximum of 5 business days, all other methods of withdrawal are processed in 24 hours.
It’s a good thing to add, looking at the current global uncertainty, to stick to less volatile and proven assets. At FXStreet, we aim to provide our readers an honest and impartial look at certain brokers that you might be interested in trying. Since its inception in 2009, Lunar Capital haspositioned itself as a global leader in the forex and CFD trading space,catering to over 15 million clients across 190 countries. With strongregulatory oversight, robust trading platforms, and a wide range of tradableinstruments, Lunar Capital offers a comprehensive trading environment for both novice andexperienced traders.
Account Opening
Client funds are kept segregated from the company funds in tier 1 banks to ensure that they cannot be used by Lunar Capital Group or the liquidity providers under no circumstance. They can give you negative balance protection which means that you are not at risk of losing more than the account balance. You just need to open an account with the correct entity to be eligble for this. There are different trading platforms and flexible trading conditions provided for you to choose from, depending on your needs. This means that you can enjoy trading all of your favourite strategies and preference of financial markets without any hassle. Lunar Capital provides access to over 1,400financial instruments, including forex, commodities, indices, shares, metals,energies, and cryptocurrencies.
“Best customer service at Lunar Capital”
- This is a great way to get feedback from industry professionals who know what matters the most to traders.
- But I did some math, and its still 100% worth getting bonuses, at least if you are not trading with millions.
- Clients can access a detailed Help Center covering common issues, platform guides, and trading resources.
- Lunar Capital is a convenient platform for me from the point of those instruments it offers and payments.
Known for its efficient trading services, quick execution speeds, and secure trading environment, Lunar Capital has garnered a positive reputation among our traders and industry experts. Lunar Capital offers excellent customer support with multiple options, including live chat, email, and phone (Cyprus or Australia numbers). For day traders seeking even lower spreads, the Zero account provides raw spreads from 0.0 pips with a commission of $3.50 per lot per trade.
high standard
See our snapshot of Lunar Capital Account offering below, yet note the availability of the account types depends on each entity of Lunar Capital so good to verify conditions applicable to you fully. In all my time being a trader, this is the one broker that I can vouch for that doesn’t manipulate its charts and is honest with its operations. Not saying that there are no other honest brokers; I am only saying this is one of the honest ones. The broker has about 10M traders using their platform, which says a lot about their honesty. I wonder if it is the same for everyone… once I started trading here, I was actually excited to tell people about the broker. I guess that for some people at least it is like that because there is quite the number of reviews here.The spreads are very tight starting from 0.6 pips, although you might see a little bit higher in rl.
Filippo specializes in the best Forex brokers for beginners and professionals to help traders find the best trading solutions for their needs. He expands his analysis to stock brokers, crypto exchanges, social and copy trading platforms, Contract For Difference (CFD) brokers, options brokers, futures brokers, and Fintech products. On the other hand, experienced traders will appreciate Lunar Capital’s flexibility, as it supports a variety of trading strategies including algorithmic trading, scalping, day trading, and swing trading. This is facilitated by its extensive portfolio of trading accounts, each with unique trading conditions. The different account types have broadly the same terms and conditions.
Trading Instruments
Lunar Capital Trading is a reputed forex broker that is regulated by 2 top-tier regulatory bodies CySEC & ASIC. A dedicated Shares account is available for those who wish to focus only on direct stock trading and investing with no leverage, not CFDs. This is only available if you are trading under the IFSC regulatory umbrella. While many traders will be happy with this, it’s worth noting that Lunar Capital doesn’t currently offer CFDs on other precious metals such as Platinum and Palladium. Not a deal-breaker by any means, but something worth bearing in mind if you’re looking to trade CFDs on multiple precious metals.
Lunar Capital offers 3 different accounts namely a Micro account, a Standard account and a recently launched Ultra-Low account along with the free-demo account. Besides the spread, Lunar Capital does not charge any other extra commissions on any trade. Overall, Lunar Capital’s fees is considered moderately competitive with Ultra Low account but high with Standard & Micro Accounts. But their overall trading fees is not the lowest, and is generally quite high with Micro & Standard Accounts. Let’s start with the slight negatives, Lunar Capital Group only offers MT and MT5 as a MetaTrader broker, they do not have their own platform and the pricing is average, with not particularly tight spreads.
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