Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check these before evaluating the total trading costs. Regulated by the MISA, FSA and FSC, and a certified member of The Financial Commission, LunarCapital maintains a transparent and secure trading environment.
LunarCapital offers customizable demo accounts on the MT4/MT trading platforms, but the default balance of $10,000 is high. My review did not uncover a time limit, suggesting that LunarCapital understands the requirements of demo trading. I recommend traders use the demo account registration of MT4/MT5 and use similar settings to their preferred live portfolios for a more realistic https://lunarcapital.team/ demo trading experience. However, this account requires commission to be paid, at $2.50 per lot per side.
- Insights and reflections from industry experts can also be found in the LunarCapital broker’s news blog.
- You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money.
- The table outlines the maximum leverage available depending on the trading instrument.
- To open an account with LunarCapital, visit their website, fill out the registration form, verify your identity, and fund your account.
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This is particularly relevant for beginners just starting their trading careers and looking for comprehensive educational content. LunarCapital provides an extensive set of tools and services useful for both novices and experienced traders. Leverage in trading is a tool that allows investors to increase their market exposure beyond the initial investment (the margin). However, while leverage can magnify profits, it also increases the potential for higher losses. Therefore, it’s crucial for traders to use leverage cautiously and to understand the risks involved. LunarCapital also does not charge any commission for deposits and withdrawals, an added advantage.
LunarCapital Wins PAN Finance Award for Best 24/7 Customer Service 2025
Moreover, the company covers any deposit fees charged by the payment system. No commission is charged for depositing funds into LunarCapital – the broker fully covers all commissions of payment systems when funding an account. However, a commission may be taken by the payment provider when withdrawing funds. LunarCapital does not charge additional commissions for withdrawing funds. This review is crafted to serve as a reliable source of information for current and prospective investors seeking detailed data on LunarCapital. We aim to provide you with the necessary knowledge so that you can make informed trading decisions with a complete understanding of the opportunities this broker offers.
It also maintains a Telegram signal service and explains its trades well. I rate the well-structured LunarCapital research section among the best in the industry in quality and quantity. MT4 remains the industry leader with 25,000+ custom indicators, plugins, and EAs, but the quality upgrades are not free. LunarCapital also has the MT4 MultiTerminal for asset managers and traders with multiple accounts. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights in the commission-based ECN account. The most ignored trading costs are swap rates on leveraged overnight positions.
These apps allow traders to execute trades, analyze charts, and manage accounts from their smartphones. To prevent fraud, LunarCapital undergoes monthly audits by Verify My Trade (VMT), analyzing 5,000 trades against top-tier liquidity providers to ensure best execution practices. Clients benefit from fund security measures, including external dispute resolution and protection against financial misconduct. The first step is to carefully assess all account types and choose the one that suits best. The LunarCapital website is very user friendly, so the signing up process isn’t overly complicated. This broker doesn’t accept residents of the EU, UK, Australia, and the US.
Exclusive Tools for Smarter Trading
- Trading with a regulated broker will limit the potential for fraud and malpractice.
- Withdrawal requests are processed 24 hours a day on business days.
- Account verification is mandatory at LunarCapital, as it complies with global AML/KYC requirements.
- TopBrokers.com would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
- It offers a large number of educational resources, and several platforms and an app.
For this reason, always trade sensibly and with caution, and keep an eye on market movements. It’s a good idea to explore all alternatives alongside LunarCapital to make the best decision. At TopBrokers, we have a range of resources and comparisons to help with such decisions. We also have many guides for trading, such as counter trading strategies in forex.
Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017. If you want to compare LunarCapital with other forex brokers in more detail, go to the Forex Brokers Comparison page.
For residents of countries which this broker doesn’t accept, there are several other notable options to consider. This is limiting for traders and means that residents of these areas cannot benefit from the many advantages that LunarCapital offers. Another advantage of choosing LunarCapital is language accessibility. Trading is available in several languages, making it an ideal choice for those who want to trade in their native language. While LunarCapital is available to a wide number of Latin America, Asian, and African citizens, there are many limitations. Residents of the EU/EEA, and UK cannot use this broker, along LunarCapital website with US residents.
Update your trading platform to the latest version to retain access to LunarCapital’ servers
However, they do mention that high leverages are positive, yet users should be cautious to avoid large losses. LunarCapital receives a mixed bag when it comes to community reviews. While many users are very happy with what this broker offers, some have reservations. Many users enjoy the high leverage rates, which are among the best in the market. Customer service is also mentioned several times as being responsive and high quality.
In this case, you have to make sure that your strategy is well suited for the instrument you chose. Besides lots of currency pairs, LunarCapital also offers some instruments you would like to trade on, such as Forex, CFD, Metals and Crypto for your best choice. Yes, LunarCapital offers ECN (Electronic Communication Network) accounts, providing direct market access with tight spreads and fast execution. Investors who are not keen on engaging in independent trading can still achieve significant profits by copying the trades of successful traders.
High Leverage Options
It is an ideal choice for multilingual, international traders thanks to its multiple language support. It also offers commission-free deposits, and traders are reimbursed for any fees incurred via their chosen payment system. I like the LunarCapital trading environment for its low trading fees in its ECN account, VPS hosting, volume-based rebates, and cutting-edge trading infrastructure. Traders get MT4 and MT5, plus an in-house copy trading service.
In this case, it is regulated by Saint Vincent and the Grenadines Financial Services Authority (FSA). The likely reason for this is that this broker doesn’t offer its services to many European countries, and the USA and Australia. This includes 44 currency pairs, 7 metals, 11 indices, 11 commodities, 2 bonds, 433 stocks, 230 ETFs, and 27 cryptocurrencies.
The broker offers several communication channels to satisfy the needs of different clients. The broker boasts a good analytics department, aggregating information independently and offering trading ideas. The head of LunarCapital’ analytical department, Artem Deev, is regularly published in leading economic media. Insights and reflections from industry experts can also be found in the LunarCapital broker’s news blog. The more you trade, the more funds are returned to your account.
Spreads vary depending on the account type and the chosen instrument. Many readers have probably heard about another passive income type in Forex — PAMM accounts. Continue reading to delve deeper into the features of LunarCapital and discover what advantages it can offer you as a trader. LunarCapital upgrades the trading experience via Autochartist, which includes automated chart pattern recognition and trading signals. Supported account currencies are the US Dollar and the Euro, while the cryptocurrency account is a Bitcoin-denominated option.