Should you have any additional details or questions in the meantime, please don’t hesitate to share them.Thank you for your patience and trust in us.Best Regards, Lunar Capital ⚡️Empowering traders. Actually, this was the first place where I started trading futures contracts on indices and soft commodities. Lunar Capital had a familiar MT4 platform and reasonable fees for this type of asset. Though, I wanted more choices of accounts, especially expected from them some zero spreads accounts. Issues related to withdrawals appear to be a recurring problem, common with less reputable brokers.
Deposit and Withdrawal
- The only time the broker may charge a $55 handling fee is for withdrawals below $300.
- Since the trading fees decrease significantly, traders may have to deposit more to access cheaper costs.
- This is a common practice to ensure compliance with anti-money laundering regulations and is in line with industry standards.
- I am looking for new ways to experiment with my trading style and now the Lunar Capital platform may seem too regular for many traders of a new generation.
- Between 74% and 89% of retail investor accounts lose money when trading CFDs.
Withdrawal requests above this amount are free of charge. Lunar Capital does not charge a handling fee for deposits and withdrawals, though third-party banking fees may apply. The broker has also issued a 3% inactivity fee that is charged whenever a client has deposited funds and then requested a withdrawal without having executed a single trade. I found out that the live spreads listed on the website correlate to the actual price quotes on the platform, underpinning Lunar Capital’s high level of fee transparency. I also discovered that the broker has a ‘best execution policy’, guaranteeing that traders’ orders will be filled under the most favorable price quotes under the prevailing market sentiment.
The Lunar Capital platform offers a modern, intuitive, and user-friendly website. Yet, its somewhat casino-like design may raise concerns regarding professionalism and trustworthiness among serious investors. Imagine trusting someone with £6,000, expecting returns, only to be left wondering where it all went. Mark promised opportunities but delivered disappointment.
How do I know I can trust these reviews about Lunar Capital?
They responded fairly quickly to my question about the inactivity fee policy but struggled to explain their execution model. Assistance is available in a wide range of languages, including English, French, Spanish, Chinese, and Arabic, during business hours, Monday to Friday. There is no option to reach Lunar Capital’s support by phone. As a chart artist, I have always preferred trading platforms with charts that allow me to scale price action up and down easily. I found its charting capabilities quite rigid and ineffective. The one thing that MT4 is quite suitable for is automated trading because it is not dependent on the execution of precise technical analysis.
Since all reviews could be made up, especially positive ones we are questioning all of this. So, wherever you are coming from think twice and double-check everything before investing. What’s wrong with this broker is that there is a warning issued against them by CNMV (Spain).
Deposit and withdrawal processes are protected with the latest SSL encryption and other security technologies. As the broker is regulated, clients should complete their KYC that is in line with the Seychelles Financial Services Authority. However, it’s essential to recognize that while Lunar Capital’s range of investments is extensive, it may not have as many exotic or niche assets compared to some other specialized brokers. Traders with highly specific investment preferences might find more tailored options elsewhere.
Regulated markets
Lunar Capital is a Seychelles CFD broker that was founded in 2021. It is regulated locally by the Financial Services Authority (FSA) of Seychelles and adheres to some of the main safety requirements in the trading industry. The broker operates on a Straight-Through-Processing (STP) basis without a dealing desk. Order requests are transmitted to the interbank level, where Lunar Capital’s liquidity providers fill them. As long as there is enough liquidity in the market, all order requests will be filled at varying speeds. I did not find any specific feature in Lunar Capital’s offering to say that the broker is better suited for high-frequency or longer-term trading.
Depending on the payment method, deposit times can take up to 24 hours, and for bank wires deposits may take up to 5 business days. Withdrawal times vary depending on the payment provider but range from the same day up to 10 business days. Each of these platforms caters to different trading styles and preferences. Traders can choose the platform that aligns best with their specific trading needs and devices.
I am missing https://lunarcapital.net/ an introduction to the proprietary options, as Lunar Capital does not list any features and only notes how to access or obtain them. Lunar Capital offers customizable demo accounts, and I did not find a time restriction, which is good, and how demo accounts should function. I recommend traders select demo account settings similar to their planned live deposits to create the most realistic demo trading experience. Lunar Capital works with multiple payment services to provide its clients with maximum flexibility.
It is your responsibility to verify the compliance of these services with local regulations before using them. Our overall assessment of Lunar Capital is mixed, and we strongly advise traders to proceed cautiously with this broker. After logging into your account, you will see the main navigation menu on the left side, allowing you to access your dashboard and various platform features. After submitting the registration form, Lunar Capital will review your application. Once approved, you’ll need to verify your identity and make your first deposit to begin trading. Clearly, Forex trading is the primary focus of Lunar Capital’s educational content, reflecting its strategic emphasis on this asset class.
Unique Features
I like the educational content for beginners at Lunar Capital, which also maintains a balanced asset selection. The flexible leverage and customizable demo accounts are also excellent, offering traders two core trading tools. Lunar Capital offers commission-free trading and above-average floating spreads. Its overnight fees are average for the broader industry.
Does Lunar Capital Offer a Demo Account?
In the case of Lunar Capital, its regulation by the Seychelles FSA is a positive aspect, as it signifies adherence to recognized standards in the industry. This regulation ensures that Lunar Capital operates in a transparent and compliant manner. Investors can have confidence that their funds are protected and that the broker is subject to oversight to prevent malpractice. Offshore brokers tend to lure clients into depositing as much as they can. Investments in crypto assets are inherently risky; readers should conduct their own research before taking any action and invest only within their financial means. Once all required fields are completed, click on Submit.
MetaTrader 4 is easy to navigate because of its simplistic design. It could be argued that MetaTrader set the standard for how retail platforms should be organized. My tests indicate that Lunar Capital’s swap charges meet the industry average.
- These markets are accessible via the MT4 trading platform, one of the most popular platforms among traders.
- On the other hand, Lunar Capital does not offer any alternative trading platforms and does not incorporate any third-party tools.
- Depending on the trading strategy, it may become the most significant fee per trade.
It’s essential to note that the same payment method used for deposits must also be used for withdrawals. This is a common practice to ensure compliance with anti-money laundering regulations and is in line with industry standards. Lunar Capital offers a versatile choice of spreads, which can cater to the distinct preferences of both novice and professional traders. Traders can select between fixed spreads and flexible (floating) spreads, each with its own set of advantages and considerations. This ensures that Lunar Capital’s investments are available on both desktop and mobile platforms, making it convenient for traders to access the markets wherever they are. As we mentioned about Lunar Capital reviews, clients had issues with withdrawals.
Lunar Capital has invested time and energy in developing research materials, which I found quite diverse and unconventional. Its podcast and LiveTV feature are two excellent examples of this, giving traders a unique perspective on currently evolving trading opportunities and market developments. Hi Manuel A.,We really appreciate you sharing your Lunar Capital experience with us! Thanks for being such a valued customer.Lunar Capital ⚡️Empowering traders. Hi Yahir N.,We really appreciate you sharing your Lunar Capital experience with us! Regardless of whether you trade forex or other financial instruments, Lunar Capital equips you with the tools you need to make informed decisions and succeed in your trading activities.
Dear users,This review was not submitted by a verified client of Lunar Capital and seems to be an attempt to damage our reputation. Trustpilot is a trusted platform, and we believe in the importance of honest and accurate reviews.Kind regards,Lunar Capital ⚡️Empowering traders. The analytics I use a lot, in the morning, drinking coffee, I think that is pretty much mandatory when trading stocks.