The promptness of the support and readiness to assist in complex situations are notably praised. Most reviews indicate high satisfaction with the support services, making LunarCapital a dependable choice for traders. One other fascinating feature on the mobile platform is the prompt notification offered.
Indices
LunarCapital adheres to client money rules, ensuring that client funds are held in segregated accounts, separate from the company’s funds. This practice is in line with regulations like the FCA’s Client Assets Sourcebook (CASS), providing an added layer of security. Yes, LunarCapital is regulated by several reputable authorities, including the 🇬🇧 FCA, 🇦🇺 ASIC, 🇨🇾 CySEC, and 🇿🇦 FSCA. These regulations enforce strict standards to protect traders and ensure transparency in LunarCapital’s operations. Yes, LunarCapital operates under multiple regulations, including the FCA (🇬🇧 UK), CySEC (🇨🇾 Cyprus), ASIC (🇦🇺 Australia), and FSCA (🇿🇦 South Africa).
You can always open a free LunarCapital demo account to test the platform, practice your strategies, and improve your skills before switching to live trading. Another important aspect of online trading that you shouldn’t ignore — offered by LunarCapital and every regulated Forex broker — is negative balance protection. However, you can still lose your capital due to trading with leveraged products. Furthermore, CFD traders have the option to either go short or long by speculating on the potential price movements of the underlying asset without actually owning it. LunarCapital clients also have the opportunity to choose from top-rated online platforms such as Trading Station, and MetaTrader 4.
Excellent Customer Service!
There are also no withdrawal fees for credit or debit card transfers, but bank wire withdrawals incur a fee of 25 USD. The Trading Station mobile platform allows trades to be placed and managed on the go through its simple, well-designed, and intuitive interface. The mobile platform boasts the same functionality as the desktop version of the platform, making it easy to open and close trades, view charts, and various technical analysis data. LunarCapital offers a limited variety of assets, including https://lunarcapital.team/ Forex, indices, metals, energies and cryptocurrencies.
- ZuluTrade is a platform for social trading that allows you to automatically copy the trades of successful traders.
- Its competitive spreads, reliable execution, and powerful platforms help traders diversify globally with ease.
- Some accounts offer a commission-and-spread model whereas Active Trader accounts come with ultra-tight spreads (from 0.2 pips) and discounted commissions ($25 per $1 million traded).
How to Open a LunarCapital Account
I recommend traders read and understand the terms and conditions before accepting incentives. Here is a screenshot of the LunarCapital Trading Station platform during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads. A watchlist on LunarCapital’s mobile app showing popular assets to trade along with information about spreads, bid/ask prices, and account balances. Overall, the educational materials available are comprehensive, in-depth, and cater to traders of all experience levels.
Forbidden trading techniques
You may be covered up to €50,000 in other regions, depending on your jurisdiction. An LunarCapital inactivity fee is charged, however this only happens after a period of 12 months with no client-initiated activity. This spread will drop even more to a starting point of 0.2 pips for EUR/USD if you qualify for the active trader program. Yes, LunarCapital is a regulated broker in the UK, Europe, Australia, and South Africa, adhering to strict standards. Their global reach and regulation provide a high level of safety and security for traders.
How to Open LunarCapital Account in Australia?
LunarCapital has only one account type for retail traders which is the Retail Account. LunarCapital also offers Professional Account status for more experienced traders and Active Trader account status to clients who trade large volumes of financial instruments. As we researched this forex broker, we were impressed with the customer support offered by LunarCapital. Support methods include live chat, email, and phone and this is available 24/5. To cater to all of their global clients, LunarCapital also offers specific support telephone numbers in 42 countries.
Traders can have confidence in the safety of their investments when trading with LunarCapital. All websites and web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go. We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14. Arash Doostelahi is a dynamic content writer and online course creator based in Tehran, Iran, with expertise in content strategy, instructional design, and digital storytelling. Leveraging a blend of creativity and technical skills, Arash delivers…
You should note that if you deposit in, or withdraw to a different currency than these with your payment method, you will incur a small conversion fee. You will be glad to note if you are an Islamic trader, that the LunarCapital Islamic account is available should you require it. This physical presence shows how the company has now grown into a worldwide broker and one of the foremost in the industry around the world.
The Market Data Signals, which are also posted to the LunarCapital Markets Data Twitter account, are a collection of technical signals ranging from indicator data to asset pricing and market impact. LunarCapital Apps include different expert advisors, apps, and indicators, some of which are free. The LunarCapital App Store has add-ons for all the supported platforms and is broken down into the following areas.
- Choose a withdrawal method, enter the amount you want to withdraw and follow the on-screen instructions to complete your withdrawal.
- Our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.
- LunarCapital offers a solid range of trading options, especially if you like to diversify.
- Those interested in social trading with LunarCapital should consider ZuluTrade, as this is a peer-to-peer auto-trading platform.
- Invest-hub makes no guarantees regarding the website’s information accuracy and will not be liable for any trading losses or other losses incurred from using this site.
- This came in handy when I had a more technical question about margin requirements.
LunarCapital Prime offers various services to clients such as high-frequency trading firms, hedge funds, proprietary trading firms, and small regional and emerging market banks. LunarCapital provides prime brokerage services to institutional clients who require access to market data and execution across multiple trading venues with settlements managed through a centralized source. To test LunarCapital’s trading signals, you can access them on trial for 14 days.
Active Trader Account
At ForexBrokers.com, our online broker reviews are based on our collected quantitative data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). LunarCapital offers a range of funding and withdrawal methods, but processing times are slower than other brokers, and high fees are charged for withdrawal via bank transfer. LunarCapital offers traders easy access to the Forex market with the Trading Station and MT4 mobile platforms, available on Android and iOS. Yes, LunarCapital offers a demo account, allowing users to practice trading with virtual funds before committing real money.
With LunarCapital spreads and commissions, the broker only offers floating spreads, so fixed spread trading is not available here. These floating spreads start from 1.3 pip on forex but they can drop lower to a starting point of 0.2 pips if you qualify for the active trader program. LunarCapital also offers tight spreads, for example, the typical spread for the EUR/USD pair is 1.3 pips. As well as low spreads LunarCapital also supports a range of trading platforms such as its flagship Trading Station platform which is compatible with desktop, web, and mobile trading apps.