Lunar Capital Review year : Is It a Reliable Forex Broker?
Lunar Capital offers a variety of withdrawal options similar to its deposit methods, including credit/debit cards, e-wallets, Skrill, Neteller, PayPal, and cryptocurrencies. Additionally, bank transfers are available for withdrawals, providing more flexibility for traders. Withdrawal fees may vary depending on the method and region, but Lunar Capital ensures that they remain minimal.
But it’s worth mentioning here that past performance never promises a profitable future. Keeping that in mind, you need to do proper research before selecting and investing in anyone else’s trades. I actually prefer to take control of my own trading as I like to be responsible for my decisions. It can be good to learn from mistakes and improve your trading skills by having some hands-on experience. Free demo accounts are available if you don’t https://lunarcapital.team/ want to take any risk whilst practising.
Is Lunar Capital A Regulated Forex Broker?
They are licensed by many respected regulatory bodies, employ ample data transfer and security measures, and possess a transparent track record of their financial transactions. Our experts however cannot recommend this broker over others from our trusted list. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments.
What about bonus programs? I love nice surprises from brokers
The secure back office of Lunar Capital handles all financial transactions. Lunar Capital maintains a nice balance of traditional payment processors like bank wires or credit/debit cards, modern e-wallets like Skrill or UnionPay, and cryptocurrencies. Lunar Capital lists 71 currency pairs, 12 cryptocurrency pairs, 12 indices, spot metals and commodities, like WTI and Brent. Overall, the asset selection is both impressive and more than ample for new and intermediate traders. The customer support is great and it makes it even better to trust the broker plus it’s very cost effective to trade here. They have no commissions, one of the tightest spreads in the game and 100% depo bonus as well.
- Lunar Capital is also expected to have an effective insolvency procedure in place to ensure that all customers will be fairly compensated in the event of bankruptcy or liquidation.
- Withdrawals at Lunar Capital are also disappointing, with all methods besides cards and wire transfers incurring a percentage withdrawal fee that can reach a hefty 3.4%, depending on the method.
- Like other brokers, Lunar Capital margin requirements can differ depending on the traded instrument.
- But it’s the analyst reviews and articles that have become my real love.
Please bear in mind that these resources provided by Lunar Capital do not guarantee any results when trading. When we checked on the Lunar Capital website, these educational resources were not available in every language. Also some financial instruments mentioned in any Lunar Capital educational resources may not be available in your region. To open a trading account with Lunar Capital, individuals can sign up on the Lunar Capital website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.
To see a list of the top MT4 brokers, see our comparison of MT4 brokers. It’s recommended that you check the Lunar Capital website before signing up. If you decide to close your Lunar Capital account, it’s important to do so with the Lunar Capital broker customer support and obtain confirmation that no remaining Lunar Capital fees are due.
Moreover, it is possible to set a different amount for him/her as compared with others at the request of the investor. That is, instead of auto-follow – a partition («fragmentation») of the total asset. Lunar Capital is regulated in Cyprus and the Comoros, and client funds are held in separate accounts. Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.
Tight spreads increase the viability of short-term trading strategies, while the no-commission model makes trading with Lunar Capital simple for beginners. Through these educational tools, Lunar Capital equips traders with the knowledge and confidence needed to navigate the markets successfully. Lunar Capital operates on a spread-only model, with spreads starting as low as 0 on major currency pairs.
Good for certain traders
Client deposits remain segregated from corporate funds at both entities with leading international banks, but Lunar Capital does not list them. Clients can find the provision in the Investment Services General https://lunarcapital.vip/ Conditions PDF. Lunar Capital has a clean regulatory track record and established itself as a secure and trustworthy broker.
Regarding my trading experience, I can say their single trading account is more than enough for me. Lunar Capital is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to Lunar Capital, money is in a segregated bank account that is separate from Lunar Capital company’s funds.
A single account
One operates out of Vanuatu, where international clients have a trustworthy and competitive trading environment. Lunar Capital also maintains a presence in Cyprus for EU-based clients under the uncompetitive ESMA regulatory framework. While an Lunar Capital no deposit bonus does not exist, Lunar Capital offers a 100% first deposit bonus with a $2,000 limit.
Lunar Capital withdrawal and funding methods
- Any and all partnerships with industry regulars are not and should not, be viewed as an endorsement or recommendations by topfxbrokersreview.com, even though we may be sponsored by some of the brokers.
- We have not experienced any security concerns during our many hours using the trading platform.
- It creates unrealistic trading expectations, and the absence of trading psychology negates the educational value.
The features are the best , you get your trade analysis here, and the platform is legit, mt is available for both phone and pc. I would suggest adding an additional platform, apart from the mt4/mt5. I think they are a bit too complicated to use, especially the charting and entering into positions. I would rather trade with a trading view with a modern interface, which is user friendly at least. If you have experience trading with Lunar Capital please share your personal review of the broker and what you think are strong and weak points. But there is 0 dongs and whistles, so, again, not everyone might like it.
Lunar Capital a part of the European Markets in Financial Instruments Derivatives (MiFID), which gives it the freedom to operate in the entire European Union under the European Economic Area (EEA) agreement. Lunar Capital stands out as a solid broker choice for traders looking for a low-cost, regulated platform. Its competitive spreads, no trading commissions, and lack of a minimum deposit make it accessible to both beginner and professional traders. With a focus on forex and CFDs, Lunar Capital provides a range of tradable instruments, though the absence of stock trading may be a limitation for some.