Lunar Capital offers a variety of withdrawal options similar to its deposit methods, including credit/debit cards, e-wallets, Skrill, Neteller, PayPal, and cryptocurrencies. Additionally, bank transfers are available for withdrawals, providing more flexibility for traders. Withdrawal fees may vary depending on the method and region, but Lunar Capital ensures that they remain minimal. Processing times for withdrawals via cryptocurrencies and e-wallets typically range from 1 to 24 hours, while card withdrawals might take several business days, and PayPal withdrawals are processed within 48 hours. For full transparency, all withdrawal fees are outlined in detail in the table below, allowing traders to review costs before choosing a withdrawal method. Firstly, the broker has licenses and permits, and has been working steadily, without any particular shocks for about 12 years in the market.

Although some brokers like Vantage offer a similar service with less stringent qualifying criteria, Lunar Capital’s VPS, combined with its excellent pricing, will appeal to high-volume traders and algo traders. However, not all currency pairs are as generously priced – GBP/USD trades with a 1-pip spread, which is more expensive than the average of around 0.3 pips at Fusion Markets, for example. In our experience, the 0.2-pip average spread on EUR/USD is far tighter than most commission-free accounts, which regularly charge 1 https://lunarcapital.net/ pip or more for this major pair.

Lunar Capital applies a spread-based fee for forex trades, with no additional forex-specific charges. The minimum deposit at Lunar Capital usually starts at $100 or the equivalent in other currencies. Lunar Capital is registered in Vanuatu with registration number and regulated by the VFSC and CySEC. Lunar Capital is also registered in 26 European Union countries under the Markets in Financial Instruments Directive (MiFID). However, remember that you won’t be able to make trades on Lunar Capital until you have passed compliance, which may take several days, depending on your circumstances. It’s essential to complete the Lunar Capital KYC compliance process as soon as possible to avoid any delays in accessing the Lunar Capital platform’s features.

What can you trade with Lunar Capital?

The combination of educational tools and a well-regulated environment makes Lunar Capital a reliable option for traders looking to expand their knowledge while maintaining secure trading conditions. To better understand the Lunar Capital trading platform, you can create two separate accounts – one with real money and the other a Lunar Capital demo account. A Lunar Capital demo account provides a risk-free environment for experimenting with the Lunar Capital platform’s features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in Lunar Capital trading decisions. I rank trading costs among the most defining aspects when evaluating an exchange, as they directly impact profitability. The EUR/USD spread ranges between 0.0 pips and 0.3 pips, with occasional spikes during the market news and trading session breaks, which Lunar Capital transparently displays on its website.

With over 200 available assets, traders can diversify their portfolios and take advantage of different market conditions. It’s essential to note that the trading instruments offered under the Lunar Capital brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the Lunar Capital trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.

However, beware of fake and unreliable brokers lurking in the shadows, waiting to take advantage of unsuspecting traders. Lunar Capital brand is an international brand that is registered and regulated in various jurisdictions and is committed to offering you the best possible trading experience. Lunar Capital maintains a nice balance of traditional payment processors like bank wires or credit/debit cards, modern e-wallets like Skrill or UnionPay, and cryptocurrencies.

• The platform is available for PC, macOS, Android, and iOS, enabling better accessibility for traders.
• I rate Lunar Capital’s customer service as top-notch in terms of responsiveness and speed.
• Lunar Capital’s philosophy is rooted in a commitment to transparency, security, and regulatory compliance.
• Instant funding for users’ accounts comes from bank wire transfers, Visa, Mastercard, Skrill, Neteller, and cryptocurrencies, also Neosurf, SOfort, Rapid, paysafecard, Neosurf, Yandex, Boleta, UnionPay and much more.
• If you decide to close your Lunar Capital account, it’s important to do so with the Lunar Capital broker customer support and obtain confirmation that no remaining Lunar Capital fees are due.

Islamic Account

While an Lunar Capital no deposit bonus does not exist, Lunar Capital offers a 100% first deposit bonus with a $2,000 limit. Terms and conditions apply, and I urge traders to read and understand them before accepting the incentive. Lunar Capital occasionally introduces other bonuses and promotions, which have included a $50 Lunar Capital no deposit bonus or annual interest on free margin.

Is Lunar Capital A Good Broker?

Technical language and terminology can be confusing with brokers like Lunar Capital.Choosing or shortlisting a trading platform like Lunar Capital can be time consuming. Choosing a trading platform requires a significant amount of research and analysis.It can be challenging to understand each platform’s various features and benefits, especially with a complex trading platform like Lunar Capital. Start trading with No commissions, No swaps, and tight interbank spreads starting from as low as zero.

So many times my trades were executed at a different price than the one I saw on the chart.Here things are completely different. Plus the spreads are tight.My overall trading experience and profits improve by far just by changing the broker I trade with. Lunar Capital has earned a good score for its fees due to the tight ECN spreads combined with no commissions, an unusual pricing model that places this brand among the cheapest forex brokers we have reviewed. Ordinarily, we prefer to see a choice between a commission-free account (geared towards beginners) and one with raw spreads and low commissions (geared towards advanced traders).

Is Lunar Capital A Regulated Broker?

Wire transfers incur a $30-$45 flat fee (minimum limit of $500), many times more than the $5 withdrawal fee at eToro. While Lunar Capital is regulated in Cyprus by the CySEC, this licensing does not offer clients the protection of a major body like the FCA. While the broker does not run daily live streams, the platform does provide a dedicated research blog with news on upcoming economic events and price analyses of popular markets. Our relentless pursuit of operational security is anchored in our solid regulatory framework, meticulous segregation of client funds, and our fortified association with the Investor Compensation Fund. Each of these elements interweaves to form a robust tapestry of security, reflecting our unwavering resolve to protect our clients’ assets and interests.

Just like traffic laws keep drivers safe and orderly on the road, trading regulations ensure a fair and orderly market. They help protect your investments and promote trust in the financial system. Lunar Capital provides quality research tools meant to improve traders’ market analysis and decision-making capacity. Although Lunar Capital’s research products are helpful for traders, they might not be as thorough as those of other top brokers; hence, users should always augment their research with other sources as needed.

These flexible deposit options make Lunar Capital accessible to a wide range of traders, from beginners to high-frequency and institutional traders. Navigating the world of trading can be like sailing through ever-changing seas. Just when you think you’ve got the winds figured out, new regulations come along and shift the currents. Understanding these industry regulations and how they affect your trading is crucial for staying ahead. This guide will walk you through recent updates and what they mean for your trading strategies. However, the lack of alternative platforms is a major drawback, also some traders find MT4 slightly outdated.

• The most notable is its ECN XL account, which provides spreads starting from 0 with no trading commission, a rarity in the industry.
• Serving both beginner and experienced traders, Lunar Capital has a variety of instructional materials meant to improve traders’ knowledge and skills.
• Once these steps are completed, traders can access their account and begin trading immediately.
• Based on the MetaTrader 4  and 5 platforms, the Lunar Capital MobileTrader app offers customers a strong trading experience on demand.
• Lunar Capital does not impose any minimum deposit requirement for opening a live trading account, making it accessible for traders to start with any amount they are comfortable with.

By staying informed, working closely with your broker, and continuously updating your strategies, you can navigate regulatory changes effectively and continue to succeed in your trading endeavors. Your broker plays a crucial role in helping you navigate regulatory changes. They provide tools, resources, and advice to ensure your trading activities comply with current laws. A good broker keeps you updated on regulatory news and offers solutions to help you adapt.

Even those that are authorized may not have regulations that apply to U.S. residents or other jurisdictions. However, all regulatory bodies in the EU can operate in all countries around the world. Although forex regulators operate within their own jurisdictions, regulation varies significantly from country to country.

Demo users are given 10,000 units of their preferred currency to familiarise themselves with the forex and CFD markets on the MT4 platform. Over 70 currency markets are on offer, including major, minor and exotic pairs. Lunar Capital stands as a quintessential ECN – STP broker, diligently aligning every trade that our clients make within an Electronic Configured Network (ECN), facilitated through a Straight Through Processing (STP) method. Unswervingly, we refrain from operating a dealing desk or engaging in forex market-making.