Trading Accounts

They offer the reliable MT4 trading platform, a range of products, plus competitive spreads and leverage levels. The choice of account types will also suit varying trading styles and capital needs. LunarCapital provides its services globally, but certain regions are restricted due to regulatory limitations. Supported regions include most countries in Europe, Asia, Africa, and Australia, https://lunarcapital.space/ where traders can easily open accounts and trade. However, prohibited regions such as the United States, Canada, and some countries in Asia, are restricted from using LunarCapital due to local regulations and compliance issues. It’s important to check whether your country is supported before attempting to open an account.

Forex Trading – A Beginner’s Guide

The Micro Account is ideal for beginners, with a minimum deposit of $100 and competitive spreads starting from 1.8 pips. For more experienced traders, the Premium Account requires a $1,000 deposit and offers tighter spreads, starting from 1.6 pips. The VIP Account caters to professional traders, with a minimum deposit of $10,000 and the tightest spreads from 0.8 pips. Each account type comes with access to MT4 and MT5 trading platforms and a wide range of assets, providing flexibility for all trading styles. First, visit the LunarCapital website and click on the “Sign Up” button.

Markets & Instruments

• FxScouts Group’s primary mission to provide unbiased and objective reviews, commentary, and analysis.
• Compare LunarCapital with the top 3 similar brokers that accept traders from your location.
• Spreads also get more competitive as you move up the account tier structure, with the VIP account offering the best value for money.
• The blog content is a mixture of educational materials, explaining concepts such as technical and fundamental analysis, and also provides an overview of the markets.
• 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.
• Our receipt of such compensation shall not be construed as an endorsement or recommendation by FxScouts Group, nor shall it bias influence our reviews, analysis, and opinions.

It is geared towards beginners and intermediates, promising easy-to-use features and straightforward portfolio management. LunarCapital was set up in 2010 by a team of finance and software experts. Today, the company employs more than 450 people and has created a solid reputation as a trusted and reliable broker. Its 200+ instruments and multiple platforms are accessible in 180+ countries with 50,000+ retail traders worldwide. The minimum deposit starts at $100 for the Micro Account and increases for other account types, such as the Premium and VIP accounts.

LunarCapital Supported and Prohibited Regions

• The minimum deposit starts at $100 for the Micro Account, and your account will be ready for trading.
• After submitting your personal details and verification documents, your account is usually ready for trading within 24 to 48 hours.
• So I am trying to withdraw the £300 that’s left but can’t.To withdraw you have to close all trades easy.
• We recognize our obligations in updating and expanding this program to meet the requirements of GDPR.
• These products may not be suitable for everyone and you should ensure that you understand the risks involved.

Each demo account imitates real trading conditions, the only difference is virtual money is used. Payments typically take up to 24 hours, though wire transfers may take up to five business days. LunarCapital’s MetaTrader 4 trading platform is available via a mobile app for Android and iOS devices. Also, the broker charges a sizeable 3% of deposited funds when withdrawals are requested during periods of inactivity.

We are implementing the latest technologies to ensure the transparency, security and rapid execution of the account funding procedure. This website is not directed at EU residents and falls outside the European and MiFID II regulatory framework. Success in online trading and investing depends on proper planning based on solid information and useful market insight.

Chris Cammack is the Partner Manager and a financial writer at FxScouts. Chris builds and maintains our relationships with our partners to provide our users with the best Forex trading experience. Compare the markets and instruments offered by LunarCapital and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

LunarCapital’s Research and Trading Tools

FxScouts’ Broker Score and Trust Rating constantly evolve to reflect the forex market’s dynamics. We ensure transparency by incorporating regulator data and user insights. Our in-depth reviews consider over 200 metrics across seven key categories. The radar chart to the left shows how important each category is when calculating a broker’s final score. Select another broker to another broker to compare features, fees, and platforms side by side.

Every broker we recommend meets strict trust and safety criteria and is tested for reliability, transparency, and overall trading experience. LunarCapital’s research and analysis materials are more comprehensive than its education section, but compared to other large international brokers, are still lacking. LunarCapital’s trading tools are limited compared to what’s available at other brokers. We suggest you read LunarCapital’s risk disclosure, customer agreement, and terms of business before you start trading. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. If you have experience trading with LunarCapital please share your personal review of the broker and what you think are strong and weak points.

Get ready to stay ahead of the curve with our regular updates designed to help you make informed trading decisions. LunarCapital can be contacted on local toll-free phone numbers, live chat, and email. Customer support is available 24/5, in 30 different languages to support clients from over 180 countries in Europe, Asia, the Middle East, Africa, and Latin America. Select a different country or region to view content tailored to your location.

Trading costs on all account options at LunarCapital are significantly higher than this average – at between 11 and 22 USD per lot traded. LunarCapital’s range of financial instruments to trade is limited compared to most other brokers, but it offers over 80 Forex pairs. A drawback for beginner traders considering LunarCapital is the lack of educational and market analysis materials available, forcing traders to self-educate with other third-party platforms.

LunarCapital also charges admin fees on some withdrawal methods in addition to a fee of 50 USD for bank transfers under 300 USD. LunarCapital only offers MT4 on a mobile trading platform, but it is available for both Android and iOS. Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Join LunarCapital in 3 easy steps and experience a bespoke trading environment with best-of-market spreads and the widest range of trading instruments. Obtain immediate access to trade through 10 market-leading platforms.

On the whole, other than the video material, blog content, and one downloadable e-book, LunarCapital’s educational materials lack depth and provide only a sweeping overview of the basics of forex trading. LunarCapital offers the standard out-of-the-box MT4 platform together with an upgraded package labeled MT4 Advanced. LunarCapital supports two execution models and a range of account options – four instant execution accounts and three market execution accounts.

There are no deposit fees (coverage for wire transfer charges for deposits over 10k USD). The company’s past and present sponsorships with global brands, such as the Korean diving team and sailing athlete Marilena Makri, have set it apart from other brokers. Try our exclusive STP Zero Spread account and enjoy spreads as low as 0 pips.

All this together makes trading on company’s platform profitable and efficient.I trade currency pairs. At the same time, I trade major, minor and even exotics.With such leverage I can use small part of the margin.And thanks to tight spreads, my trading is always efficient. If you have at least $250 on your trading account, you can access the bronze package, which I use, and join analysis discussions that are always going on. Plus, this is an excellent tool for exploring other markets than the one you are focused on. The software is considered one of the best in the industry, especially for forex trading.