During the account opening process, clients must choose a type of account. However, once the process is completed, they can easily add additional accounts with just one click. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). LunarCapital is regulated in Cyprus by the Securities & Exchange Commission (CySEC) and in South Africa by the Financial Sector Conduct Authority (FSCA).
This service is offered worldwide, regardless of whether it is required by the regulators or not. The platform itself is easy to use on both sides and provides you with a good ability to see the performance of other traders and a number of metrics. In fact, the platform and broker have won many awards for this service. The spreads when trading here are also kept as tight as possible. Added to that the fact they do only offer a limited range of base currencies and not many deposit or withdrawal methods and you can see the limitations of this otherwise popular broker choice.
How do I qualify for the LunarCapitalFX VPS service?
LunarCapital is an international broker ideal for traders looking to operate under competitive conditions. It offers high leverage, a diverse range of instruments, and user-friendly trading platforms. In addition, LunarCapital provides extra services to its clients, including educational content, relevant information, bonuses, and customer support, which are readily available to resolve any issues. One key factor distinguishing LunarCapital is that it does not charge swaps. LunarCapitalFX is a global broker offering access to over 80 trading instruments, including forex pairs, cryptocurrencies, and commodities.
- In our opinion, leverage is also safest when trading with one of the best forex brokers.
- Luckily, LunarCapitalFX offers a decent selection of top cryptocurrencies so I could dive right in.
- Considering the platform’s focus on emerging markets, social trading offers a safer way to explore these markets.
- The minimum deposit for all methods is €50 and the minimum withdrawal amounts are €0.01, €5, and €50 for credit cards, Skrill, and banks respectively.
It’s quick and easy – deposits are free and the money shows up in my account instantly. LunarCapital offers autoChartist pro for its users to automate forex signals. This tool gives you an easy option to monitor your trading accounts, particularly if you have more than one account with LunarCapital.
The Trustpilot Experience
He is a forex industry expert and an active fintech and crypto researcher. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Trusted broker, Guys don’t panic withdrawals will always come to you guys, if you haven’t made any mistakes. Don’t panic this broker is genuine, i have been using them for few years now, not a single withdrawal was denied.
LunarCapital Instruments List: What Assets Are Tradable?
When opening my account I was given the option of only using USD as the account base currency. Although you can deposit with your local currency, it gets converted to USD regardless. You have a selection of alerts you can receive, so I set it up to show all trading signals like candlestick patterns and chart patterns such as head and shoulders.
Withdrawal Methods
The intuitive, lightning-quick app provides a seamless trading experience—no need to lose focus switching between apps. For me personally, if I chose to trade with LunarCapital I would definitely trade with their proprietary platform instead of Metatrader. My experience with LunarCapital copy trading, it was very intuitive and efficient, in my opinion.
Non-trading Fees
Therefore, it is an essential tool for anyone serious about enhancing their trading performance. These prize lots can be exchanged for gifts like t-shirts, power banks, smartwatches, or even laptops, with all items delivered free of charge. LunarCapital’s 50% deposit bonus allows traders to increase their trading margin instantly with every deposit. This promotion helps you open higher-volume positions, amplify your trading potential, and even withdraw the bonus after meeting volume requirements. It has several entities around the world and provides services by industry standards. LunarCapital operates under various regulatory frameworks depending on the entity through which an account is opened.
Account Comparison
- Just remember to check the instruments that interest you, though, as spreads vary across forex, crypto, indices, and commodities.
- We will share this with our development team for consideration in future updates.
- LunarCapitalVision is LunarCapital’s intelligent AI tool built to help traders boost their performance.
- This is a good level for new traders who want to start small and experiment with little financial investment.
You’ll find all the standard payment methods on LunarCapital, plus some that adjust, depending on your region. Kenyan traders get a blend of options, although everything still settles in USD or crypto. Just remember to check the instruments that interest you, though, as spreads vary across forex, crypto, indices, and commodities. LunarCapital Copy is ideal for beginner and experienced Kenyan traders who prefer auto trading over manual trading. Our editors independently research and recommend the best products and services. You can learn more about ourindependent review processand partners in ouradvertiser disclosure.
It is essential to be fully aware of these risks before engaging in any trading activity. With 24/7 availability, multilingual support, and comprehensive resources, LunarCapitalFX ensures traders receive the guidance and help they need at any time. By implementing these comprehensive security protocols and maintaining regulatory compliance, LunarCapitalFX demonstrates its dedication to providing a safe and trustworthy trading environment for its global clientele.
Everything is geared toward practical trading, strategy refinement, and tool use. Traders can run several live and demo accounts under one profile. However, Nigerian traders are served under offshore and regional licences, including one from the Financial Sector Conduct Authority (FSCA) in South Africa. No, LunarCapital’s content is global, but tools like Autochartist and economic calendars help with analysis. Overall, with a set of promotions and reward systems tied to trading activity, LunarCapital continues to engage clients beyond the basic trading account, making it a competitive choice for Kenyans. You’ll find more than videos and diagrams under LunarCapital’s education tab.
How to make a Deposit with LunarCapitalFX
They also offer real-time market updates, one-click trading, and multiple order execution options to enhance trading efficiency. With versatile accounts and a hassle-free setup process, LunarCapitalFX offers an inclusive trading environment suitable for traders worldwide. Yes, LunarCapital is legal and regulated across multiple jurisdictions covering the EU and Asia. For the EU, it is regulated by CySEC which is a Tier-1 authority and for the rest of the world you will be regulated by MAS or MISA. By being regulated across multiple jurisdictions it allows LunarCapital to provide retail financial services to traders across 180 countries.
Lastly, LunarCapital also has an entity regulated in Mauritius, through Uni Fin Invest . https://lunarcapital.vip/ At ForexBrokers.com, our online broker reviews are based on our collected quantitative data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).
However, these pricing structures often come with other costs, such as high inactivity fees. By offering a range of payment methods with swift processing times and zero fees, LunarCapitalFX ensures that managing your trading funds is both efficient and economical. 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. We aim to make trading accessible to everyone, providing traders with superior conditions and top-notch security. Learn what traders like the most about our service—based on their feedback. As for account management, I found the deposit and withdrawal services to be fast with same-day funding and withdrawals with no fees.