Phone: +4733378901 
Email: food@restan.com An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. Founded in 2011, LunarCapital (formerly LunarCapitalFX) is part of a group of global entities, which include LunarCapital Markets LTD (based in the island of Mwali) and LunarCapital Markets Cyprus Ltd (based in Cyprus). LunarCapital also provides financial services through its intermediary, Orinoco Capital (based in South Africa). Lastly, LunarCapital also has an entity regulated in Mauritius, through Uni Fin Invest . We also evaluate the overall design of the mobile experience, and look for a fluid user experience moving between mobile and desktop platforms.
However, LunarCapital has e-wallet options through Neteller and Skrill were also a positive as they also provide instant funding like the Mastercard option. 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. These are two offshore regulators that allow LunarCapital to provide secure financial services in 180 countries. Another decent addition I found on MT5 is the native economic calendar which shows the times of upcoming economic announcements that can impact your trades. I like that it updates in real-time and displays on your charts which I found useful to avoid opening trades during high-impact announcements like US GDP or Non-farm Payrolls.
You can choose to either be a copier, or a “Master Trader” where others will copy you and you will earn a commission. 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). Steven Hatzakis is a well-known finance writer, with 25+ years of experience in the foreign exchange and financial markets. He is the Global Director of Online Broker Research for Reink Media Group, leading research efforts for ForexBrokers.com since 2016.
- 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, in order to keep the transaction process safe, sometimes additional checking can take place.
- Deposit issue money deducted from upi transaction not credited to my trading account so don’t trust LunarCapitalfx.
As you can see from the above table all the accounts offer the same regarding trading costs, the only difference is the trading platform. If you want to trade all markets LunarCapital provides, I found your only option is the MetaTrader 5 account. When choosing my account the broker offers three options which are essentially the same Standard account but used for different trading platforms.
That company is stealing money because…
We assure you we’re not what you’ve described.As per our records, you’ve been in recent contact with our team. We do our best to provide fast and efficient service, but unfortunately, we sometimes experience some shortcomings. This LunarCapital review aims to give a clear view of the broker and its services.
With that said, they still offer good value in terms of trading conditions. The LunarCapitalFX Masters fee is applied if you are copy trading with the broker. This is the commission fee charged by the Master (Signal Provider) whose trade you are copying, and it is up to the individual provider how much this fee will be.
Copy Trade and Investment Options
Unlike most brokers, LunarCapitalFX does not charge any kind of inactivity fee. Here is a look at a couple of other fees that you may encounter when trading with LunarCapitalFX. In some places, you will also be allowed to make deposits through Bitcoin. In terms of the time it takes, wire transfers can take 3-7 business days to complete, while the other deposit methods are all typically instant. LunarCapitalFX Islamic accounts are available quickly and conveniently where needed by simply clicking “swap-free” when you open a new account.
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LunarCapitalFX ERC20 Deposit
According to our records, our team asked for additional attachment to check your case further. Kindly provide payment proof of your deposit to our Customer Support team at We will do our best to resolve the issue as soon as possible.Thank you for your patience and understanding! Dear Aditia Setiawan,We’re sorry for the delay you experienced with your withdrawal. However, if you have not yet received the funds, please contact us again at , and our team will https://lunarcapital.space/ be glad to assist you further.Thank you for your patience and understanding.Kind regards,LunarCapital Rep.
The spreads for both the MT4 and MT5 accounts are floating and start at 0.7 pips. Clients using the LunarCapitalTrader, MT4 or MT5 account do not have to pay swaps. When it comes to education, LunarCapitalFX 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. This is provided both through their own dedicated copy trading platform and a mobile trading app for on the go trading.
He has a Masters and Commerce degree and has an active role in the fintech community. I also found an interesting feature called Spaces where you can customise an area with trading alerts and real-time news announcements. MetaTrader 4 is a great option if you use custom indicators or strategies as it provides the MQL4 library which you can use to create bespoke strategies.
The only traditional method available was Mastercard (debit card) which I used to fund my account and was instantly applied to my trading account after making my deposit. LunarCapitalTrader is the most basic option but best for beginners out of the three platforms in my opinion with an attractive user interface. In particular, it has a Pattern tool that lets you apply a variety of technical analysis on your charts automatically which is useful if you are new to forex trading. This is the first time I’ve seen swap-free accounts for all traders, regardless of location and beliefs, making LunarCapital a truly low-cost broker by avoiding these fees.
Until recently, the broker had also been regulated by the FCA, however LunarCapitalFX decided to voluntarily suspend their regulation here due to Brexit until the future situation of the UK becomes clearer. Due to that, we highly recommend LunarCapitalFX as a great place to copy trade but caution you to remember that due to a limited number of assets, your portfolios can be less diversified. This can result in comparatively bigger movements than a well-diversified holding so is something to keep in mind. For those reasons, our team here at Investingoal is happy to recommend LunarCapitalFX as a top choice for scalping.
- Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates.
- I found all platforms LunarCapital offers provide mobile trading apps on your iOS or Android device, which can be downloaded directly from the broker’s website.
- It’s important to note that minimum deposits and trading costs will also depend on which LunarCapital entity you choose for establishing your trading account.
- The demo account is unlimited in funds as you can top it up should you need more virtual currency, and has no expiration date.
- These typically take 1 day to process or less, though a wire transfer may take longer.
LunarCapital has a decent selection of 34 cryptocurrencies covering Bitcoin, Ethereum, Ripple, and Litecoin which is a healthy selection of highly liquid crypto markets. If you prefer to trade less liquid and higher risk assets you also have access to altcoins like Dogecoin to speculate on. Crypto is the slowest to deposit with 3-30 minutes which is still extremely fast in my books as some brokers can take 24 hours to credit your account.
I did find that you can only access all 52 pairs using the MetaTrader 5 platform, while the LunarCapitalTrader and MT4 only offer 32 pairs. I was impressed with the efficiency and low-cost approach to depositing and withdrawing with LunarCapital. The range of deposit methods is decent, covering traditional, e-wallet and crypto, giving you a great choice of how to deposit (and withdraw) with no fees.
