LunarCapital does not accept as clients residents of the United States, Cuba, Iran, Sudan, Syria, North Korea, or any jurisdiction where trading with leveraged products is prohibited by law. LunarCapital imposes a 3% handling fee for withdrawals made without any prior trading activity. Agents respond within seconds to live chats and are generally knowledgeable. You can also use the app to place market, limit, and stop orders, as well as to adjust the exposure of your open trades.
Is LunarCapital suitable for automated trading?
CFDs (Contracts for Difference) are complex instruments with a high risk of rapid capital loss due to leverage. Between 74% and 89% of retail investor accounts lose money when trading CFDs. You should assess whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Investments in crypto assets are inherently risky; readers should conduct their own research before taking any action and invest only within their financial means. While we cannot definitively label LunarCapital as a scam, we highly recommend remaining vigilant when considering trading with this broker.
- Users mention scenarios where deposits are simple, but retrieving funds is problematic.
- Our endeavor is to illuminate the paths for both professional and novice traders, enabling the exploration of diverse financial markets under optimal conditions.
- Additionally, the dedicated LunarCapital mobile app allows traders to manage their portfolios and execute trades easily on-the-go.
- Brokers operate multiple entities globally, but regulatory protections vary.
- Registration and account management are also conducted directly via this site.
- LunarCapital excels in the education category with its broad collection of articles, videos, webinars, and ebooks.
So LunarCapital took £7000 from my account!
Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight. LunarCapital provides a blend of market research developed in-house and incorporated from third-party providers. The Trading Central package includes featured trading ideas, an intuitive economic calendar, and a sophisticated market sentiment gauge. This article is for informational purposes only and should not be considered as investment advice.
LunarCapital Website Features
- However, its dated and rugged design is inferior to newer and sleeker platforms.
- However, I consider it cumbersome and not the best choice for analyzing price action.
- However, after reviewing individual feedback, many clients report significant difficulties with withdrawals from the platform.
- Our ethos is intertwined with fairness, transparency, and unwavering integrity.
Our meticulously crafted trading environment encompasses competitive spreads, rapid execution, and a rich array of products, empowering our traders to navigate the markets with assurance. This reflects LunarCapital’s unwavering focus and dedication to offering a holistic and top-tier trading product. LunarCapital exemplifies visionary leadership in online trading, providing a seamless, secure, and enriched trading experience across varied asset classes. Embarking on your trading journey with LunarCapital unlocks access to a diverse range of markets, excellent trading conditions, and unwavering support. Navigate through a fortified trading realm characterized by swift execution and zero requotes. MetaTrader 4 (MT4), renowned for its steadfast reliability over three decades, stands as the preferred online trading platform for novices and seasoned traders alike.
Customer Support Test
Additionally, the dedicated LunarCapital mobile app allows traders to manage their portfolios and execute trades easily on-the-go. The WebTrader platform provides a convenient trading experience directly https://lunarcapital.space/ through any web browser, requiring no software downloads or installations. Clearly, Forex trading is the primary focus of LunarCapital’s educational content, reflecting its strategic emphasis on this asset class. Discover our full review covering services, signup process, fees, withdrawals, and real user feedback.
LunarCapital offers a wealth of educational content, including over 180 blog articles, nearly 200 recorded webinars, more than 35 educational videos, 16 podcast episodes, and 4 eBooks. These resources cover key trading topics such as “Introduction to Forex Trading,” “Trading Terminology,” and “Fundamental Analysis,” among others. When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are. A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates.
My tests showed that LunarCapital’s spreads on the Standard account generally exceed the industry average, while its swaps ranged from average to high compared to the benchmark. On the other hand, LunarCapital does not charge handling fees for deposits and withdrawals, and its inactivity fee is relatively low. However, the broker provides limited transparency regarding other potential trading fees or charges on the platform. Traders should clarify fee structures directly with LunarCapital before depositing funds. Established in 2021 and based in Seychelles, LunarCapital is a financial derivatives broker that offers over 320 tradable instruments, including an exhaustive range of 85 currency pairs.
LunarCapital’s commitment to trader enrichment is manifested through its extensive range of educational resources. Our cohort of trading connoisseurs has engineered an robust trading ecosystem and unmatched trading conditions, to ensure your journey through the trading realm is seamless and enriching. Embark on your registration journey with us and explore the plethora of possibilities to refine your trading strategies and initiate your venture into online trading. We have instilled a culture that prioritizes the customer, intertwining a user-centric paradigm with profound trading proficiency. Our ambition is to preserve and enhance our stature as a trustworthy and reliable broker, meeting and exceeding our clients’ expectations consistently. Our extensive range of services and 24-hour multilingual support are the cornerstones upon which we have constructed an intricate and transparent trading environment, catering to traders of all calibers.
The broker has a 100% margin call and a 20% stop-out level, protecting its clients against the dangers of a complete account wipeout. LunarCapital has an impressive assortment of 85 currency pairs, including major, minor, and exotic pairs. The broker also provides an extensive educational library, which features dozens of webinars, articles, ebooks, and more. LunarCapital’s competitive edge is sharpened by its low spreads starting from 1.1 pips and the absence of commission charges, thus rendering trading with LunarCapital as exceedingly cost-effective. Additionally, swap fees are levied on positions that are kept open overnight, but with the availability of a swap-free account option for Islamic traders. Clients can request further assistance by contacting the broker’s customer support.
I tested the desktop version of the MetaTrader 4 platform, which features multiple essential tools, such as one-click trading, an alarm setting option, and a market depth tool. These allow traders to examine various market developments from different angles and exploit the underlying trading opportunities in multiple ways. Although I recorded extremely favorable spreads on Bitcoin, LunarCapital’s spreads on other popular instruments exceeded the industry average during my tests. To balance this, the broker charges a low inactivity fee and does not impose fees on deposits or withdrawals.
On the other hand, I assessed that spreads on a Standard LunarCapital account exceed the industry average, and it does not offer a raw spread trading account. We are unwavering in our commitment to foster a transparent and unparalleled trading ambiance for our global clientele, enabling them to unlock and harness their inherent trading prowess. We strive to be more than just a broker; we seek to be a companion in your trading journey, ensuring every step you take is grounded in confidence, sophistication, and transparency. With LunarCapital, we have sculpted trading into an art form, offering a symphony of financial instruments available for trade through CFDs within a regulated framework. Brokers like LunarCapital earn revenue through spreads, the difference between the buy (ask) and sell (bid) prices of financial assets.
The Client Agreement is readily available, and all relevant information is presented clearly. Our overall assessment of LunarCapital is mixed, and we strongly advise traders to proceed cautiously with this broker. However, the platform’s attractive yet somewhat casino-style design could raise concerns, suggesting an approach focused more on gaming rather than professional trading. Additionally, LunarCapital regularly hosts a competition called the “League of Top Traders”, a monthly contest where participants compete to achieve the best trading results. The prizes are attractive; currently, a total of $10,000 is offered to the winning traders. LunarCapital excels in the education category with its broad collection of articles, videos, webinars, and ebooks.
Our commitment is anchored in fostering a vibrant and adaptive environment, laden with all essential tools pivotal for a comprehensive trading experience. Like most brokers, LunarCapital provides leverage to amplify trading positions, enabling traders to multiply potential market movements. LunarCapital is a relatively new online broker providing trading services across multiple financial markets, including FOREX and indices. Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today.
Choosing to trade with LunarCapital is synonymous with aligning with a broker revered for its fairness and esteemed reputation. We ensure every client experiences uniform trading conditions, irrespective of their investment magnitude. After registering with LunarCapital, traders receive login credentials for MetaTrader 4, enabling them to link their brokerage account directly to MT4 and start trading seamlessly. The broker supports MetaTrader 4 and has developed the TradeCopier service for copy trading. I appreciated LunarCapital’s investment in comprehensive educational materials and high-quality market research.