LunarCapital Review 2023 The Good and the Bad

These features help protect traders from large losses in volatile markets. Their most popular platform is Trading Station, which is web-based, intuitive, and easy to use. This trading platform comes with a comprehensive list of features such as customization options and advanced charting capabilities. It also has an extensive library of technical indicators that can be used to analyze the markets.

What educational resources does LunarCapital offer?

A welcome bonus commonly boosts a new trader’s account balance or grants them added margin the moment they provide an initial deposit. The sum is often calculated by the deposit size, incentivizing more substantial funding. Spreads apply instantly once a trader opens a position, but swap rates on leveraged overnight positions only after the cut-off time. Currency conversion fees apply if the quote currency of the asset differs from the account base currency. Once the account balance reaches $0 and the LunarCapital inactivity applies, LunarCapital may close the trading account per its terms and conditions. Understanding the LunarCapital fees will help traders comprehend what they must pay, why they must pay, and how those costs compare to other brokers.

• With its wide range of available platforms and deep offering of trading tools, LunarCapital has set the bar high and competes among the best brokers in the industry.
• The signals cover 40 currency pairs so you will always get trade ideas.
• All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor.
• You may incur additional fees charged by your credit/debit card issuer for currency conversion.

LunarCapital refers to any bank account of another LunarCapital client or a non-segregated LunarCapital bank account while the client remains designated as a trader with a segregated bank account. A currency conversion fees apply each time the deposit currency or the quote currency of an asset does not match the account base currency. For example, trading Euro-denominated assets from a US Dollar trading account or making a Swiss Franc deposit into a British Pound base account. Market analysis tools consist of the standard tools most brokers offer. This includes an economic calendar, live forex charts, and the latest market news. To be able to take advantage of these discounted commissions, you will need a minimum of $25,0000 in equity in your trading account, so will not be a serious consideration for most retail traders.

As well as priority support, market depth is stronger with multiple levels of liquidity at each price, offering useful information for high-frequency traders. In addition, there’s no commission charged and no deposit/withdrawal fees. On the downside, there is a 50-unit base currency inactivity fee charged per year after 12 months of inactivity.

How long will it take for my wire deposit to arrive?

LunarCapital offers a wide range of instruments, including forex pairs, indices, commodities, stocks, and cryptocurrencies. By distributing these resources in multiple formats, LunarCapital strives to ensure users can refine their approach, reducing guesswork in a sector famed for its volatility. Keeping pace with global economic developments and the constant evolution of trading tools, the broker’s educational library is consistently revised to remain relevant to both new and seasoned traders. Such a multi-faceted product suite can be especially valuable for risk management, balancing robust major forex pairs with the higher volatility of, say, cryptocurrencies or emergent market instruments.

LunarCapital Trading Fees review

As part of this effort, we track 100+ international regulatory agencies to power our proprietary Trust Score rating system. LunarCapital offers only one Live account, and it comes with all their features. I like that LunarCapital invested heavily into its algorithmic trading environment, and I rank it among the industry leaders in this category. Michael Graw is a freelance journalist who covers finance, trading, and technology.

This extensive offering enables traders to diversify their portfolios and engage with various market conditions across multiple asset classes. LunarCapital’s selection caters to those looking to hedge positions, capture opportunities in different sectors, or engage in specialized market strategies. LunarCapital’s safety practices are rooted in several core policies and protective mechanisms. One key aspect of its approach is the segregation of client funds, which ensures that traders’ deposits are held separately from the broker’s own operating capital. This practice is intended to prevent client funds from being used for any company-related expenses. Additionally, in certain regions, LunarCapital offers negative balance protection, ensuring that traders cannot lose more money than they have deposited, even during extreme market conditions.

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LunarCapital offers a variety of educational resources, including webinars, tutorials, articles, and market analysis, to help traders improve their skills and knowledge. Yes, LunarCapital supports social trading through platforms like ZuluTrade, enabling traders to copy the strategies of more experienced traders. Beyond these main authorities, LunarCapital may possess further registrations across additional jurisdictions, mirroring its globally spread customer base. Being subject to regulation from multiple entities frequently compels the company to maintain elevated standards of liquidity, auditing, and anti-money laundering processes.

(It is best to confirm with your bank that your new card is linked to the same account as your previous, expired/replaced card). Meaning, that funds will be returned to the same card used for the deposit as a ‘purchase return’. Funds will typically be credited into the corresponding trading account within 1 business day.

Here is a summary of payment methods for withdrawals accepted on LunarCapital. Agree to the terms of business of LunarCapital to continue with your account registration. Please note that Herd Markets may have financial relationships with some of the merchants mentioned here and may be compensated if consumers choose to click the links located throughout the content on this site. The material does not contain (and should not be construed as containing) investment advice or an investment recommendation,or, an offer of or solicitation for, a transaction in any financial instrument. If you would like to see LunarCapital compared against some of the best LunarCapital fees alternatives available right now you can do so by clicking on the https://lunarcapital.vip/ links below. The fees are deducted from your LunarCapital available balance and vary depending on the value of your LunarCapital position as well as the direction (BUY or SELL) that it is moving in.

This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. All transactions are automatically converted to the base currency of your trading account.

• These LunarCapital fees might also cover situations in which an LunarCapital account becomes inactive, also known as a dormant LunarCapital.
• He has served as a registered commodity futures representative for domestic and internationally-regulated brokerages.
• LunarCapital stands out with its broad selection of tradable instruments, offering traders a wide range of markets to explore.
• As LunarCapital supports a wide range of trading platforms and features, both beginner and experienced traders will find that this online broker has a lot to offer to help meet their trading needs and goals.
• LunarCapital is a legitimate forex broker with a long-standing presence in the industry since 1999 and dozens of industry accolades.

Standard Account holders gain access to all major platforms, a wide range of tradable products, and basic educational materials that are designed to help traders develop their skills. Processes for deposit and withdrawals constitute the backbone of a live trading account, and LunarCapital presents an extensive array of payment pathways intended to meet global clients’ preferences. Deposits typically happen quickly—particularly with credit/debit cards or major e-wallets—meaning funds can be made available in your account with minimal delay. Withdrawals, on the other hand, involve stricter checks to confirm account security and regulatory compliance. Timelines vary but usually range from the same business day to a few days, heavily influenced by your local banking networks or other extrinsic factors.

Can LunarCapital send my funds to a bank account other than the one I used to fund?

Their global reach and regulation provide a high level of safety and security for traders. The range of markets available with LunarCapital is quite broad however you can find other brokers that offer more choices for each financial instrument. 39 currency pairs, for example, would put LunarCapital at the lower end of the broker for currency choices. When making a deposit into your account with a credit card or debit card (Visa or MasterCard) there is a minimum of $50 per deposit and a limit of $30,000 per month for all LunarCapital clients.