MetaTrader 4 is a good option for fast and simple order execution. However, its dated and rugged design is inferior to newer and sleeker platforms. As a trader who prioritizes flexible charts that are easily scalable, I find MT4’s charting capabilities too rigid and less effective.
The mobile offering also comes with the Lunar Capital Research app which gives users an overview of the financial markets and major news events. ⚠️ Risk Warning Trading Forex and other leveraged financial instruments carries a high level of risk and may not be suitable for all investors. Always assess your level of experience, investment https://lunarcapital.vip/ goals, and risk tolerance before trading. BrokerPlaza.com shall not be held liable for any loss or damage resulting from reliance on the information provided on this site.
- The minimum deposit starts at $100 for the Micro Account, and your account will be ready for trading.
- We are implementing the latest technologies to ensure the transparency, security and rapid execution of the account funding procedure.
- The broker does not impose a handling fee for deposits or withdrawals.
- His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis.
- In my opinion, MT4 is best suited for automated trading via Expert Advisors (EAs).
- Lunar Capital provides a diverse range of highly informative educational materials in both written and video formats.
In addition, they have no commissions on trades, which is a big plus.The downside was that the spreads are pretty wide, which i did not expect at all… I mean it could go as high as 1.9 pips. Lunar Capital offers a wide and diverse selection of trading accounts, including commission-free and raw spread accounts. Additionally, the broker provides a Personal Multi-Account Manager (PMAM) platform designed for professional traders and money managers. It also offers a variety of trading accounts, most of which have no minimum deposit requirement, and provides excellent conditions for copy trading.
With that said, the brokerage does have plans to introduce MT5 in the future. From the client portal, navigate to “Transactions”, select ‘withdraw’ and follow the instructions. Lunar Capital does not offer its services to residents of certain jurisdictions such as USA, Iran, Cuba, Sudan, Syria and North Korea.
Best Forex Brokers with Islamic Accounts in Cuba
Lunar Capital offers 310 tradable instruments at varying costs and integrates the popular MetaTrader 4 platform, which can be enhanced with an add-on for advanced charting. The broker also provides copy trading solutions through its TradeCopier service and VPS hosting for low-latency trading. Lunar Capital provides a diverse range of highly informative educational materials in both written and video formats.
Because you are not required to keep any money in your Lunar Capital account, you are free to withdraw the entirety of your Lunar Capital balance whenever you see fit. Remember that any Lunar Capital funds that you withdraw will be put back into the same account that they came from when you made the Lunar Capital deposit. In order to accomplish this, you will need to take any remaining money out of your Lunar Capital broker account, which is a process that is also known as final Lunar Capital balance withdrawal.
Each account type comes with access to MT4 and MT5 trading platforms and a wide range of assets, providing flexibility for all trading styles. Lunar Capital is an online, multi-asset broker best known for forex trading. Once registered, users can access the popular MetaTrader 4 (MT4) trading platform, flexible leverage and ultra-low spreads starting from 0.0 pips.
- They really stand out, especially since they offer a stp ecn account with zero commissions and tight spreads of 1 pips on average.
- Traders can choose between floating/fixed spread Standard, Premium, and VIP accounts.
- The next step is completing the KYC verification, which requires submitting valid identification (passport or driver’s license) and proof of address (such as a utility bill).
- Once registered, users can access the popular MetaTrader 4 (MT4) trading platform, flexible leverage and ultra-low spreads starting from 0.0 pips.
- You will be subject to an additional fee by your 3rd part Lunar Capital withdrawal method for currency conversion if you choose to withdraw funds in a currency other than US dollars (USD).
What type of Live Trading Account does Lunar Capital have on offer?
However, prohibited regions such as the United States, Canada, and some countries in Asia, are restricted from using Lunar Capital due to local regulations and compliance issues. It’s important to check whether your country is supported before attempting to open an account. These restrictions are in place to ensure compliance with financial laws and regulations in each region. Lunar Capital account opening requires KYC verification with valid ID and proof of address. Minimum deposit starts at $100, with accounts ready for trading within hours. The email should contain your Lunar Capital account deactivation and closing request.
High Risk Trading Warning
Completing these requirements is essential to ensure compliance with regulatory standards. You can get in touch with Lunar Capital customer support via e-mail, the phone, or live chat if available if you don’t feel like closing your Lunar Capital account. As long as your Lunar Capital close account status is ‘Under Review’ or ‘In Progress’, you may cancel your Lunar Capital account closure request by contacting Lunar Capital customer support. Lunar Capital offers Islamic accounts for swap-free trading under Shariah law. Clients must contact the broker’s customer support to request further assistance. For those looking to test trading strategies, Lunar Capital also offers Cent accounts.
Deposit and Withdrawal
The minimum deposit required to open an Lunar Capital Account is $100 USD. The pioneering Lunar Capital STP/ECN trading accounts allow traders direct access to deep liquidity and interbank pricing provided by top-tier liquidity providers. At Lunar Capital, the withdrawal of funds for basic transactions is free of charge.
Obtain immediate access to trade through 10 market-leading platforms. The majority of newcomers struggle with fundamental issues such as risk management, which frequently results in significant financial losses with brokers like Lunar Capital. People typically decide to close their trading account on Lunar Capital because they no longer wish to participate in the Lunar Capital platform’s trading activities. Its possible you have trading accounts else where and you wish to close up Lunar Capital or you are looking for an Lunar Capital alternative. Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today.
Lunar Capital is one of the few brokers that allows traders to choose between fixed and floating spread accounts. If you’re exploring the best forex brokers for your trading journey, Lunar Capital account types offer flexibility, transparency, and a tailored experience for traders of all levels. Whether you’re a beginner or a seasoned investor, understanding the different account types at Lunar Capital is crucial for making the most of your trading strategy.
Customer Support Channels
Just as important is the ability to easily scale price action, allowing for a clearer and more detailed view of market movements. Lunar Capital is a strong all-round broker with a reliable platform, low fees, high leverage, and a selection of welcome bonuses. Traders can also get started with a $100 minimum deposit while the Lunar Capital.com group has good reviews from other users online. Traders can choose between floating/fixed spread Standard, Premium, and VIP https://lunarcapital.net/ accounts. Alternatively, the Live Zero Fixed Spread account comes with zero spreads, but traders will have to pay a commission. Lunar Capital offers Shariah-compliant accounts for Muslim traders, removing all interest-based fees while maintaining all standard trading features.
