LunarCapital claims to speak over 25 languages and customer support is available through all the usual communication channels. We were satisfied by the availability of human support, which is an excellent feature for novice traders. It is difficult to think of what they could do more to support their customers. For deposits into the account, they can be made in any currency, and will be converted into the base currency of your account by LunarCapital’s prevailing inter-bank price. All deposits via credit/card and e-payment options clear into your account instantly. The Standard and Micro accounts have a minimum deposit of just $5 (or equivalent denomination) to start trading.

ForexBrokers.co.za is a broker comparison & education website for South Africans. We aim to help traders in South Africa find the best forex brokers. Overall deposits, withdrawals, spreads, executions are awesome compared to other brokers.

Eight educational videos on a range of common Forex trading topics are also available in their relevant subsection. LunarCapital Live features daily commentary presented by five hosts and seven researchers. Two English trading rooms exist, where 15 instructors and seven researchers offer live educational content. There are no internal deposit or withdrawal charges, but traders may face third-party costs. LunarCapital covers costs for deposits and all bank wire levies from LunarCapital banks on deposits above $200.

MT4’s razor sharp graphics are supported by a default offering of more than 50 indicators and charting tools. The MT5 platform has a slightly greater number of indicators set up as default than MT4. The 80+ indicators can be applied to a charts which can be set to a wide range of time frames and the ‘last market price’ monitor allows clients to see into the heart of the market they are trading. Specific terms and conditions apply to these incentives, with clients being able to opt out of the bonus scheme whenever they wish. Based on customers’ deposits, the broker offers a 50% bonus plus a specific percentage of the amount being deposited. The “LunarCapital mark-up” on financing charges is not unique amongst brokers but some do not add any fees to the standard tom-next rate formula.

Social Trading

For traders outside Europe and under the LunarCapital Global entity, there are bonuses available. Given the demo account has an unlimited duration, this is one way of persuading traders onto the live platform. LunarCapital does not appear to offer STP (Straight Through Processing) or ECN (Electronic Communications Network) trading accounts. So there is no Direct Market Access and it means that LunarCapital can set the price that traders receive. This includes precious metals (such as Gold and Silver), agricultural products, industrial metals, and energy products, such as oil and natural gas. Although this selection allows traders to diversify their portfolios, it is somewhat limited, compared to other brokers who offer between 20 and 30 different commodities to trade.

LunarCapital also provides negative balance protection and segregates client funds for EU and non-EU customers, helping to safeguard your funds from excessive losses and misuse. Now it’s like 2 times more my capital, now I am confused on my risk management because its dilemma. If I am risk 1% it means I am only risk 0,5 % of my own money and if I risk 2% I risk only 1% of my money which to choose I am deciding. The LunarCapital management team has spread to 120 cities around the world, aiming to get a better understanding of their clients and partners. LunarCapital also places high value to connect clients as humanly as possible. To deliver such interactions, LunarCapital Broker frequently hosts seminars around the world.

Withdrawal Options at LunarCapital

LunarCapital clients on both demo and live accounts can trade on a range of high-quality trading platforms. Each provides the full range of trading tools such as market, limit, stop and trailing orders, all are directly accessible from one account. With generally tight spreads on over 50 currency pairs and the same spreads offered for all trading account types, LunarCapital Group also provides fractional pip pricing. That means clients can trade with tighter spreads and benefit from the most accurate quoting available. LunarCapital, founded in 2009 and based in Cyprus, is a regulated online broker serving over 10 million clients worldwide. The company is overseen by multiple regulatory authorities, including CySEC (Cyprus), ASIC (Australia), FSCA (South Africa) and DFSA (Dubai).

Another alternative is the LunarCapital Zero account, which charges raw spreads from 0 pips and a fixed commission of $7/lot round-turn, which is in line with the industry if compared to other raw accounts. Spreads on this account type are from 1 pip (within the industry standards), with no additional commissions charged other than standard trading fees such as overnight fees. The minimum https://lunarcapital.team/ deposit at LunarCapital is $5 for all account types, except from the LunarCapital Shares account which is $10,000. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.

Withdrawal Methods

LunarCapital may charge overnight financing fees for holding CFD positions overnight. These fees can vary depending on the instrument and market conditions. LunarCapital offers a low barrier to entry, enabling traders to commence with a modest initial investment,starting from just $5. In evaluating trust and safety, LunarCapital’s strong regulatory framework, fraud prevention measures, client fund security, and emphasis on risk management contribute to its reputation as a reliable and secure broker. Traders can have confidence knowing that their investments are protected and that they are trading with a broker that operates under the supervision of respected regulatory bodies. You cannot withdraw the LunarCapital deposit bonus, you can only use it to trade, but can withdraw any profits realised from using it to trade.

Minimum Deposit

The spreads are fair and become even smaller if you’re trading on their ultra low standard account. LunarCapital also presents comprehensive research and educational feature, ranging from daily news, research on market conditions, forex seminars, and live education with 20 multilingual professionals. As a matter of fact, there is a weekly webinar suitable for novice traders. The webinars are held almost every day and traders can take part in it. The material revolves around fundamental and technical basics, trading indicators, how to determine entry and exit, weekly market analysis, and many others. Other types of account offered in LunarCapital Broker is the Shares account.

LunarCapital Group offers a range of trading platforms to suit different preferences and trading styles. LunarCapital generally does not charge fees for deposits and withdrawals, but additional charges might apply depending on the payment method you use. For example, LunarCapital charges fees for deposits and withdrawals via Bank Wire below $200. It’s important to check the broker’s website for the most up-to-date information on deposit and withdrawal fees.

We would recommend trying out LunarCapital to benefit from the high-quality and significant amount of educational content, alongside the robust research on offer. Back in the “Tradepedia” section there is education on how to use the LunarCapital’s bespoke, proprietary indicators, such as the Ribbon, River and Analyser indicators. LunarCapital Group also supports copy and social trading from expert advisors with MT4.

• LunarCapital Group also supports copy and social trading from expert advisors with MT4.
• Margin call warning is a notification mechanism, to inform you that your trading account lacks the required equity to maintain trading positions.
• The broker collaborates with other charitable organizations to help them improve their quality of life and ensure they have the resources to satisfy their basic needs.

Traders should compare equity CFDs on an asset-by-asset basis with competitors to determine the total fees at LunarCapital. Given the lack of commissions, the average costs remain within a reasonable range. On this plus side, you can get LunarCapital’s bonus & offers with this account. In negative, you can only trade micro lots (1000 units or its multiples), and the average spread with this account is also higher, around 1.6 pips on average for EUR/USD. LunarCapital offers 3 different live accounts to its customers, all of them with different deposit requirements & trading conditions.

It’s a good thing to add, looking at the current global uncertainty, to stick to less volatile and proven assets. Overall, this LunarCapital can be summerised as a dependable and secure broker, backed by an impressive trust score of 93 out of 99. Offering a welcoming environment for both beginners and experienced traders, LunarCapital facilitates easy entry with a low minimum deposit and enriches knowledge through well-researched educational materials. With 24/5 customer support and a user-friendly copy trading option, LunarCapital prioritizes seamless and accessible trading experiences for its users. LunarCapital offers different account types, including a Micro account with a minimum deposit of just $5, a Standard account with a minimum deposit of $5, and a Zero account with a minimum deposit of $100.

• Trade with confidence with a multi-regulated broker that has built long-standing partnerships with top global banks.
• Level academic qualifications in relevant degrees, we conduct thorough, unbiased evaluations of brokers to enable traders make informed decisions, using…
• According to our LunarCapital broker review, LunarCapital.offers offer 24/5 hour live help by a professional Customer Support department.
• Here is a summary of payment methods for withdrawals accepted on LunarCapital Trading.
• Here you will be asked to confirm which approach you will be taking.

Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading scammed by LunarCapital or investing decisions. DayTrading.com may receive compensation from the brands or services mentioned on this website. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry.

Trading fees and other costs

Besides, LunarCapital is one of the Brokers that operates more than a decade and is quite well-established and known for transparency brand in trading environment. Besides, one of the advantages you will get as a trader is Negative Balance Protection, so there is no risk of losing more than the available balance. These include Visa/MasterCard, wire transfer and eWallets such as Neteller and Skrill. WhilE LunarCapitaldoes not charge a fee to fund your trading account, your bank or the payment processor could levy a fee. It would be advisable to check the fund transfer charges with them before funding your account.