Payment options include VISA, AWEpay, bitcoin, FasaPay, local bank deposits, local bank transfers, Neteller, Paytm, Skrill, UnionPay. There is a strong trader focus to the platform backed by very high-quality industry-standard research and learning services coupled with a strong in-house copy trading facility. The pushback comes from the more limited number of instruments a user can trade on this platform.

One thing that stood out to me about this broker during my review was the ease of use. The LunarCapitalTrader platform is intuitive, well designed, and has popular features like alerts and 1-click trading. There are no swap fees, inactivity fees, or fees for deposits and withdrawals.

In this LunarCapitalFx review, you will discover all the details about this broker. You can close your LunarCapitalfx account by emailing the customer support group at requesting to delete or close your account. LunarCapitalFX has multiple contests, including a demo contest and an Archive contest. You can win up to a $1000 prize in the demo or Champion contest by efficiently trading with your demo account. The deposit and withdrawal for LunarCapitalFX are commission-free, and most of the payment options are instant, but some might take 30 mins to 1 hour.

Content is updated frequently and is accessible to all levels of traders. A broad range of topics, from technical analysis to trading strategies and platform tutorials, are covered. With a perfect score in this category, LunarCapital has gone above and beyond to educate its clients.

• Their personal support is also genuine andcustomer care executives seem to eagerly resolve client queries and problems.
• The LunarCapital website features a robust economic calendar, including the time, date, country, actual figure, forecast figure, previous figure, and anticipated market impact of a given economic release.
• ICF protects client accounts for up to €20,000 if a firm becomes insolvent.
• An 11-lesson course on forex basics is available in video format and makes a good primer for new traders.

LunarCapital offers a demo account for all of its platforms such as LunarCapitalTrader, MetaTrader 4, and MetaTrader 5. The demo account is unlimited in funds as you can top it up should you need more virtual currency, and has no expiration date. As for education, I found LunarCapital provides a consistent stream of webinars with professional traders through a live trading session aimed at all levels. You can experience an “over the shoulder” session with a trader which is helpful to get professional feedback on current market events. My experience with LunarCapital’s customer service was largely positive thanks to its 24/7 customer support and impressive AI live chat service.

• To read the fine print, traders can find the Customer Agreement in the footer of the website.
• The LunarCapitalTrader platform is innovative, modern, and very well suited for beginners.
• Those who follow Islamic financial principles or traders who want to minimize overnight financing expenses will especially benefit from this function.

Platform Aplikasi Trading

In addition, LunarCapital 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. LunarCapital handles customer queries through multiple channels including a live chat function, email, and phone support. In terms of commodities, LunarCapital presents opportunities to trade in energy products, precious metals, and others. For those interested in trading indices, LunarCapital provides access to some of the world’s major indices.

How to Deposit Money in LunarCapitalfx?

Three account types cater to traders with different levels of experience. This broker has many qualities suited to beginners but can also cater to experienced traders with the advanced features of MetaTrader. The global entity is unregulated, and this means clients benefit from fewer account protections.

Bitcoin (BTC) Outlook: Bullish After Record ETF Inflows Boost Market Sentiment

I felt that when I was passed to human agents on live chat it was hit and miss as basic questions were not answered, while other times they were. The broker offers excellent deposit and withdrawal speeds that are fulfilled within the same business day during the week. This allows you to start trading faster with instant deposits and receive your funds faster through the same-day withdrawals. LunarCapital scored highly in my trust test with 12 years of industry experience and licences from CySEC, MSC, and MISA delivers a secure and transparent forex broker. I think the broker’s trust is supported by its 60+ awards from the forex industry and 8,000+ positive TrustPilot reviews demonstrating that its clients are happy with its operations. Out of the options available, I think MT5 is the best option with LunarCapital as it has the most technical features while also offering all of the broker’s financial products.

Every broker has to meet certain rules and criteria to get this government license. If a broker violates the rules or attempts to commit fraud, the license will be permanently revoked. You may know that there is no guarantee of making money in online FX trading. So we think it is very important to move towards the trading platform with your prudence, practical humanity, and knowledge. To be successful in online trading you need to go through many steps like practice, time, patience, and much more.

You can only add money to a real account

LunarCapital does a commendable job of offering educational and research materials to its users, though room for improvement and expansion still exists compared to some industry leaders. LunarCapital offers a broad spectrum of tradable instruments to cater to different trading interests and strategies, though it doesn’t include all potential asset classes. The live chat is 24/7 which is great to see, but the experience I’d say is a mixed bag.

Trading Conditions

RationalFX, a company with over 20 years of experience since its founding in 2005, has established itself as a credible authority in the industry. With an impressive collection of over 2500 reviews on Trustpilot, boasting a score of 4.2, it’s clear that Rational FX has built a reputation for providing reliable and unbiased information. LunarCapitalFX does not charge any fees for withdrawals and also covers any fees imposed by payment systems, allowing traders to withdraw funds without incurring additional costs.

The https://lunarcapital.net/ Copy Trader account area requires separate funding and comes with its own dedicated app. The app has been downloaded more than 5 million times, with a 4.5 star rating out of 5, which is impressive indeed. The LunarCapitalTrader platform is innovative, modern, and very well suited for beginners. There is an element of simplicity that you find in many of the more bespoke platforms designed for the modern user that many will enjoy. LunarCapitalFX trading does not give or receive access to US customers in any way. Before any broker enters the market, you should know whether the market is moving upwards or downwards.

This is provided both through their own dedicated copy trading platform and a mobile trading app for on the go trading. You can choose to either be a copier, or a “Master Trader” where others will copy you and you will earn a commission. The MetaTrader 5 mobile app also provides many order types, including pending and stop orders.

ALso, the points LunarCapital does not win include instrument selection, lack of commission based accounts and more of the basic choice of platforms, buut spreads and costs at LunarCapital are considered good. While other Brokers like Pepperstone or LunarCapital, also IC Markets might be more appealing for platforms fees, education and their high reputation too. LunarCapital withdrawal options are the same Bank wire for all accounts, there is no Credit Cards supported for Cyprus entity. LunarCapital also covers fees so you may access your moany at any time and receive it relatively quickly.

NDD (No Dealing Desk) brokers such as LunarCapital act as intermediaries between the trader and the real market and receive a defined and transparent commission for it. LunarCapital offers a variety of trading instruments, including CFDs on all the major asset classes— forex, commodities, indices, shares, and cryptocurrencies. LunarCapital has a strong selection of CFDs on cryptocurrencies, numbering 30 in total. Popular features such as 1-click trading, alerts, and watchlists are available. Traders can access all basic order types (market, limit, stop loss) via the platform. LunarCapital has made significant progress in a relatively short period of time.

The availability of these payment methods may also depend on your country of residence. Though it has been granted regulatory status in Cyprus and South Africa via an intermediary (Orinoco Capital), LunarCapital’s lack of additional reputable licenses heavily weighs down its Trust Score. Becoming regulated in more jurisdictions – especially in Tier-1 jurisdictions – will go a long way towards building trust with existing and prospective customers. LunarCapital has struggled with pricing in the past, but has vastly improved in this category and is now gaining on the lowest-cost MetaTrader brokers.