Lunar CapitalFx Review

However, when compared to research leaders IG, Saxo, and CMC Markets, Lunar Capital has room to enhance its research offering. For instance, I found that the content on the Lunar Capital Blog is not updated daily across all categories. It takes 5 minutes to three hours to complete a withdrawal from Lunar CapitalFX. Nevertheless, there have been instances where users experienced extended waiting periods for their withdrawals.

• To cater to both novice and experienced traders, Lunar CapitalFX can add more advanced educational materials.
• It combines market data with charting, so customers can see live prices of instruments even as they perform live analysis.
• This tool connects traders with nimble representatives who respond quickly to questions and expertly handle any technical challenges encountered during trading.
• A demo account is perfect for beginners to learn trading basics or for experienced traders to test new strategies.

Cost Structure and Fees

We shall strive harder to provide the best user experience to our customers. You can get in touch with us via live chat or email at if you have any additional questions. Trading instruments provided by Lunar Capital have some of the lowest spreads in the industry. The spreads for both the MT4 and MT5 accounts are floating and start at 0.7 pips. Clients using the Lunar CapitalTrader, MT4 or MT5 account do not have to pay swaps.

Although the minimum varies per jurisdiction, it is relatively a low sum. Coming to assets, the company offers a wide array of tradable assets, allowing clients to pick their favorites and suitable ones for trading. There is also an availability of multiple trading tools and indicators, which serves to enhance clients’ trading experience and help them trade confidently. The company, besides featuring a full fledged FAQs section to https://lunarcapital.net/ help clients find answers to their queries on an immediate basis, offers multilingual customer support 24 hours 7 days a week. Through the mobile app, clients can access multiple financial markets.

Overall, Lunar CapitalFX has low spreads when compared with similar brokers. Most major forex pairs have spreads close to zero, particularly on the ECN account. Master traders can create multiple accounts for different strategies. Lunar CapitalFX analyzes master traders’ investment history in addition to other key statistics to help ensure the best experience for any copiers. In 2018, Lunar CapitalFX launched a copy-trading feature to entice more traders to the market, helping increase profit and offer different fund management options.

In addition, Lunar Capital boasts no slippage on 97.5% of its executed orders, and no overnight carry costs, yet has restrictions in place that can hinder high-frequency traders. Copy trading is awesome for people like me who cannot trade or have time. Lunar CapitalFX protects its clients’ personal and financial information with SSL encryption. To increase security, the broker also provides two-factor authentication.

However, this offers a range of new features all packed into it neatly. The MT4 and MT5 are standard with only slight variations between firms, the functionalities can be significantly different in addition to spreads, fees, and other tools, features and admin areas. As Lunar CapitalFX is a large broker, it fittingly offers a good range of funding options on both the fiat money side and the crypto side. Exact spreads and commissions will vary depending on the account type you hold.

The quality of Lunar CapitalFX’s research material is a touch above what you’d typically find with the average broker. However, it still trails behind the rich content offered by the best brokers in this category. Yes, Lunar CapitalFX provides features such as the Islamic Account, specifically designed for traders who adhere to Sharia Law principles. Lunar CapitalFX provides a loyalty bonus, reward points, and cashback rebates, increasing the overall benefit for traders. Yes, Lunar CapitalFX’s VPS is accessible from various devices, allowing traders to manage their strategies while on the go. Yes, most of Lunar CapitalFX’s educational content is free to registered users.

On Lunar CapitalFx, customers can withdraw funds from their trading accounts using the same ways they deposited. To withdraw funds, customers’ free margin has to exceed the withdrawal amount, then they have to complete the verification process and get their accounts verified. The broker claims to process all withdrawal requests received within 1-3 hours. Depending on the withdrawal method used, the minimum withdrawal amount is $5.

Is Lunar Capital a good broker?

• This is my platform of choice as it was the first that I became accustomed to and I have never felt the need to make the permanent switch to any other.
• Allowing users to copy trades from multiple traders simultaneously can provide greater diversification and risk management options.
• The differences are the platform and assets options, thats pretty much it.
• This includes pros, cons and an overall rating based on our findings.

Now, leaving their orders open overnight, traders won’t be obliged to pay overnight fees. Due to this traders will no longer hesitate to use mid-term and long-term stategies. This means, Lunar Capital clients are free to hold as many orders as they wish for as long as they want. Those who follow Islamic financial principles or traders who want to minimize overnight financing expenses will especially benefit from this function. It was awarded ‘Most Reliable Broker Asia 2023’ and has a high trust score according to user reviews. Yes, Lunar CapitalFX offers MetaTrader 4 and MetaTrader 5 platforms, enabling automated trading and strategy backtesting.

Lunar CapitalFX Currency Conversion Fees

This might not be a problem for new traders, but being able to deal in coffee, sugar and the rest is sometimes what traders are looking for. Another way to judge if a broker is safe and legitimate is to check review sites like TrustPilot. Lunar Capital, in this case, has almost 4,000 reviews with a rating of 4.5 out of a possible 5-star rating. This is pretty decent compared to some of the other “legitimate” brokers we have reviewed in the past.

What’s Special About Lunar CapitalFX Trading Accounts ❓

Lunar Capital is among the fastest brokers in terms of fund accessibility since withdrawal requests are handled quickly—usually within one to three hours. Still, the chosen payment method and geographic location could determine the real-time for money to get to the trader’s account. Furthermore, efficient trade management depends on MT4’s quick order execution, which is absolutely important for active traders. Generally, Lunar Capital’s integration of MT4 offers a strong trading solution that combines extensive features with user-friendly usability, so it’s a great fit for several trading approaches. Lunar Capital is indeed more appealing and more widely offering various attractive tools and proposals on International trading therefore Broker is better for International traders. Lunar Capital International is useful since it provides a complete learning center, including webinars, videos, and articles, also various research and promotional tools are appealing too.

Forex trading is a major focus, with over 52 currency pairs available, encompassing major, minor, and some exotic pairs. For beginner traders, the availability of support in multiple languages is a key benefit, ensuring that assistance is easily accessible. Islamic swap free accounts that comply with Sharia law are available.

Yes, Lunar CapitalFX appreciates user feedback and encourages traders to share their experiences and suggestions for improvement. Lunar CapitalFX usually processes withdrawal requests within a few hours or days. However, the processing time for withdrawals is ultimately determined by the payment system used, and it may take longer for the money to reach its destination. Yes, Lunar CapitalFX occasionally offers deposit bonuses and promotions on occasion.

Through InvestinGoal, Ucchino helps users navigate the world of online investing and trading by providing trading guides, best brokers rankings, broker reviews, and broker comparisons. When it comes to education, Lunar CapitalFX realizes the importance of your continued development and progress in the sector. They particularly cater very well for the new traders with an excellent basic training in forex including topics like how to get started with the broker, ECN trading, and technical analysis. Trading hours are the times when a particular asset is available for trading. With Lunar CapitalFX every asset except for crypto is available for trading on a 24/5 basis, Monday – Friday. This applies to all markets including forex, commodities, and cryptos.

The technology also ensures quick order execution and device synchronization, therefore enabling traders to move between desktop and mobile easily. Beginning and expert traders can use the Lunar Capital web platform because of its easy-to-use interface. It lets customers make rapid and effective trades without unnecessary complexity, therefore supporting complex trading activities. Providing access to sophisticated charting tools and technical indicators, the platform effortlessly connects with MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Overall, with our research we find Lunar Capital ensures that customer information stays private by using cutting-edge encryption technologies to guard financial transactions and sensitive data.

There are a total of 51 charting indicators provided, and 31 drawing tools also. Even though the spreads can also be very low on MT4, and MT5 accounts, as low as 0.2 pips. There may also be a fixed exchange rate in place to benefit you as a trader depending on location. Here the broker makes a special fixed exchange rate of 1 USD to 10,000 IDR available that can help traders combat currency volatility. The deposit methods available to you when trading with Lunar CapitalFX will depend on where you live, but wire transfers, major credit/debit cards, and eWallets such as Skrill are typically available worldwide.