Lunar CapitalFX Review Pros, Cons, Key Features and FAQs

The layout for this is different to the MT4 platform so there will be a slight learning curve. Once your margin exceeds this amount, your request will be processed in only 1 – 3 hours. It’s good to note that the withdrawals will be returned through the same method that the funding was deposited.

Withdrawals can be initiated from the website dashboard or through the mobile app. Given its responsive and multi-channel customer service and the supplementary resources provided for customer support, Lunar Capital showcases a strong commitment to assisting its clients. There is certainly room for enhancement, such as the introduction of 24/7 support, yet the existing offering should meet the needs of the majority of traders and can be considered dependable.

These are amongst the best trading platforms available for online trading that you will find anywhere. I think they are ideal for anyone who is looking to trade manually or run automated systems. They are all relatively easy to use but also capable of performing complex analysis and order management. The broker also has their very own trading app which provides a modern and sleek interface for an enjoyable trading experience.

Lunar CapitalFX Islamic Account

• Luckily, Lunar CapitalFX offers a decent selection of top cryptocurrencies so I could dive right in.
• When it comes to regulations, Lunar CapitalFX is regulated by CySEC under #372/18, and by the regulatory body of Saint Vincent and the Grenadines under #19776.
• With Lunar Capital, you’ll get a clear and concise fundamental analysis from Monday to Friday delivered to your inbox.
• Regulations serve as a safeguard for clients’ funds, ensuring that brokers operate with integrity, transparency, and accountability.

As for the international entity it also includes Credit Cards, e-wallets and other methods which you may check with customer service before any transfer is done. The “Space” functionality, which provides tailored trading ideas and market analysis straight on the platform, is one prominent feature. This function gives pertinent insights in real-time, hence improving decision-making.

We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. Companies on Trustpilot can’t offer incentives or pay to hide any reviews. No, currently, Lunar CapitalFX does not provide the option to trade the Volatility 75 Index. You must complete the KYC procedures and provide the documents in the Personal Area to verify your Lunar CapitalFX account. Although trading presents prospects for significant returns, engaging vigilance by utilizing well-informed strategies and fully grasping the potential consequences beforehand is imperative.

Company details

The firm also offers one of the most responsive and knowledgeable customer support teams and an informative and clear educational section. Some topics include, risk management, trading strategies, and technical and fundamental analysis. New traders might enjoy the firm’s Introduction to the Forex Market as their first read. The account type will determine which platform you trade with, as well as the fees charged. The promo codes, according to their customer support, is a unique offer for some new clients. Nevertheless, new users can always use the promo codes of Lunar CapitalFx affiliates to receive bonuses or chat with the live support on their website to get the promo code.

Managing risk is of course a vital element for any forex trader and broker combination. Lunar CapitalFX utilizes all of the tools that are in place with your trading platform to help you to do this. Minimum deposits https://lunarcapital.net/ at Lunar Capital will vary depending on your country of residence and your chosen payment method. They can go as low as $25 (USD) when funding with Visa/Mastercard, to 50 euros (EUR) when using Skrill/Neteller to as much as 500,000 Indian rupees (INR). It’s important to note that minimum deposits and trading costs will also depend on which Lunar Capital entity you choose for establishing your trading account.

Fill in the necessary information, select your account type, and finish the registration process. You can use bank transfers, credit/debit cards, and various e-wallets to deposit funds. The spreads and terms of Lunar CapitalFX protect against swaps on major instruments such as EUR/USD, NASDAQ, Bitcoin, etc.

Established in 2011 and located in London, Lunar CapitalFx is a forex broker that renders its services to users worldwide. This review will focus on its regulations, trading instruments, deposit & withdrawal methods, online trading fees, spreads, leverage and how to open an account. It will also explore the investment safety measures provided by the broker. You can choose from a good selection of payment methods to make deposit and withdrawals. The funding options include wire transfer, credit/debit card, digital wallets and cryptos.

Can I have both a trading account and an Affiliate Account with Lunar CapitalFX?

In addition to keeping the client’s investments safe and separate from its capital, the broker ensures maximum transparency. However, the company’s offshore entity is not regulated by a tier 1 regulatory body, which offers a less sense of security. Deposits made to trading accounts must therefore be made from bank accounts in your name only. In the case of bank transfers, all requests are processed within 1–3 hours during the working time of the broker’s financial department. However, deposits via Skrill, Neteller, Visa, Mastercard and crypto are instant.

Lunar CapitalFX Affiliate Program Features

It offers advanced charting tools, abundant technical analysis indicators, and the ability to automate trades. Lunar CapitalFX offers a demo account for the Malaysian trading community that simulates a real trading environment. This platform provides a realistic environment for traders, reflecting real-time market nuances. Lunar CapitalFX will appeal to traders who prefer the MetaTrader 4 and 5 platforms. Lunar CapitalFX is an excellent choice for scalping, hedging, and automated trading.

• Both social and copy trading is well provided for at Lunar CapitalFX through their own proprietary copy trading service.
• However, with deposits in currencies other than the USD, the payment provider on conversion of the funds to dollars using their internal exchange rate may charge additional fees.
• This amount can vary depending on the master as they have freedom to individually set commission.

How much are Non Trading Fees with Lunar CapitalFX?

Check out my picks for the best mobile trading apps in the industry. Lunar Capital offers a mere 257 tradeable instruments, which varies by platform, with the most on its MT5 offering. By comparison, industry leaders Saxo, IG, and CMC Markets all offer over 10,000 tradeable instruments.

In addition to the Affiliate Program, Lunar CapitalFX offers a Master Trader IB program for traders with a large network. This initiative allows traders to earn commissions from direct client referrals and from the profits made by the Introduced Brokers (IBs) they introduce to the network. Lunar CapitalFX’s Affiliate Program offers a sophisticated and adaptable model for Emirati traders looking to supplement their income through client referrals.

Pros and Cons of Lunar CapitalFX Trading and Non-Trading Fees

Note that depending on your region, these methods may change slightly. Then Lunar Capital has free material that relates to learning the basic concepts of forex and trading in the form of articles and videos. These resources are a nice grounding if you don’t know anything about trading, but we would classify the amount of available information as average. Those interested in copy trading can download the Lunar Capital Copytrading app from Google Play Store.

The broker operates under multiple regulatory frameworks to ensure compliance with international financial standards. It is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number and by the Mwali International Services Authority (MISA) in the Comoros Union. Lunar Capital Markets Ltd. holds an International Brokerage and Clearing House License, further enhancing its credibility. Additionally, Lunar CapitalFX is registered with the Financial Services Authority (FSA) of St. Vincent and the Grenadines, offering a robust multi-jurisdictional regulatory framework. In addition to this, the customer support team is multilingual, offering support in languages including English, Malay, Indonesian, Thai, Hindi and Urdu.

As part of its expansion, Lunar Capital launched a program for Introducing Brokers in 2014 and introduced the cTrader platform (currently unavailable). Since 2016, the MetaTrader 5 platform has been available, coinciding with the launch of educational content. In 2017, Autochartist was introduced, along with cryptocurrency trading and the first proprietary apps with market information, which would later evolve into the Lunar Capital app in the following year. In 2019, Lunar Capital announced that its MT4 and MT5 accounts would not incur swaps or any type of commission.

Most Lunar CapitalFX customers have reported prompt and helpful responses from the company’s customer support team. When depositing or withdrawing AED to or from accounts denominated in USD or EUR, Emirati traders may incur currency conversion fees. It provides traders with a versatile experience tailored to their specific strategies, whether accessed via a desktop or a web-based interface. One of the most notable features of Lunar CapitalFX’s copy trading service is its wide range of trading systems. The platform offers a diverse range of options for portfolio diversification and increased earnings, with over 10,000 Masters.