You can deposit money in any currency and it will be automatically converted into the base currency of your account, by Lunar Capital prevailing inter-bank price. No, Lunar Capital only allows deposits from accounts or cards with the same name as the trading account holder. Our over 15 years of experience in financial markets and high technical knowledge aid in precise and timely identifications. Our independence from brokers and the companies we introduce, our commitment to maximum transparency, and our extensive experience in financial markets contribute to our ranking criteria.
Lunar Capital Professional Account
USD, EUR, GBP, JPY, CHF, AUD, PLN, RUB, and ZAR are among the most traded currencies in Lunar Capital. The standard account also offers negative balance protection to its users, which is rare in these accounts. It also has an option to opt for an Islamic account if the user prefers so. That holds valid for both of the popular account types; the Standard and Micro accounts.
For example, if a broker has a 50% stop-out level, your positions will be automatically closed if your account equity falls to half of your used margin. Lunar Capital accepts residents from all over the world except some specific countries. Lunar Capital doesn’t provide services for residents from the United States, Canada, Israel, Japan, and New Zealand. Just install your favorite copy-trading software and watch your account mirror the copy-trading source that you chose. There are no restrictions against hedging with your Lunar Capital account.
Unlike many brokers who offer one fixed demo setting, Lunar Capital allows traders to approach it the same way they will a live trading account. It allows for closer simulation to actual trading results from the testing of strategies. When creating a demo account, traders can select the trading platform, MT4, MT5 or Lunar Capital app, and their account type, followed by the base currency from any of the eleven supported ones. Next is the investment amount, where ten options await, and finally, the maximum leverage from 16 choices. Micro account or Cents account is the best option for low-cost Forex trading with Lunar Capital.
However, your bank or payment provider might charge a fee for their services. The Lunar Capital Group deposit and withdrawal methods are divided into 3 main categories, offering options like Skrill, Visa/MasterCard, wire transfer, and Google Pay. The Lunar Capital minimum deposit is $5, except for the $10,000 requirement for the Shares account offered by Lunar Capital Global. Only verified accounts can make the Lunar Capital minimum deposit, and the name on the payment processor must match that of the Lunar Capital account. Holding over 16 years of experience in global financial markets, and 4 B.A. Level academic qualifications in relevant degrees, we conduct thorough, unbiased evaluations of brokers to enable traders make informed decisions, using…
Ultra-low account
However, there are fees for wire transfer deposits and withdrawals of less than US$200 or currency equivalent.I want to ask, bro. Usually, when withdrawing funds at a broker, many traders suggest that if you want to make a withdrawal, it is advisable to withdraw small amounts, https://lunarcapital.vip/ the important thing is to do it regularly. But if I want to withdraw a large amount of funds, for example because there is an urgent need, is there a withdrawal limit. And when I made sure there were no problems, the funds turned out to be a very long process… I strongly disagree with credit/debit cards as a payment option. If you read carefully, the fees that Lunar Capital charges are transaction fees.
CySec offers an investor protection fund up to €20,000 but eligibility is not automatic even if a depositor’s funds become inaccessible due to no fault of their own. Withdrawals via bank-wire of amounts under $200 are subject to a $15 administration fee. Most traders will never use their broker’s customer support service beyond the occasional query for clarification of the trading terms offered. Still, its good to know that if you do need the help desk, you will be dealt with promptly and helpfully. Lunar Capital WebTrader 4 is accessible for PCs and Macs without downloading. Lunar Capital offers a range of MT4 and MT5 platforms for both Windows and Mac Operating Systems which gives traders unrestricted access to all platforms.
How much is the Lunar Capital minimum deposit?
With a $5 minimum investment, they are available to traders worldwide. While Most E-wallet could take from few minutes, Card methods and Bank transfers will surely take longer, for example, 1-3 business days. These revenue streams allow us to remain financially independent of advertisers, enabling us to provide all services with maximum transparency. Among the financial service providers, there are fraudsters that we promptly report.
Standard Account
They can avail of trading bonuses and use them for trading purposes only. Because of the variations in trading accounts, you might accept several forms of leverage offers. If you’re searching for a high-quality international broker, Lunar Capital is the place to go. The broker is a well-known trading platform among international investors. Also, if you’re searching for a low-deposit broker, Lunar Capital is a good choice.
- With these types of accounts, on each specific symbol, you can only have one single position in one direction.
- Lunar Capital forex broker offers rapid market execution along with a no re-quotes/rejection system on both platforms.
- This is beneficial for new traders as it minimizes financial risk and allows for practicing trading strategies on a smaller scale.
- It is best for securing your funds, creating conditions of trust between you and the broker.
- Most withdrawals are processed within 24 hours, but bank transfers can take 2-5 business days.
Depending on the method you choose, the money will show up in a few minutes to a few business days. You’ll receive a receipt from Lunar Capital after the funds are successfully transferred. Lunar Capital Group is a group of regulated brokers and it is owned by Trading Point Holdings Ltd. Entities under Lunar Capital Group have significant experience as financial services providers worldwide.
- Before deciding to trade in any kind of financial market or financial instruments, you should carefully consider your investment objectives.
- Lunar Capital offers you deposits and withdrawals that take as little as two or three days to process.
- Deposits made using means other than credit or debit cards will not be reflected right away.
They’ll need to present a valid identification document and the tracking number you received during the transaction. It’s pretty simple and convenient, especially if you need to send money to someone who doesn’t have a bank account or prefers cash transactions. The other method, I suggested E-wallets because these methods are popular because they’re fast and secure, and some of them have lower fees compared to other options. Skrill and Neteller are a couple of e-wallets that Lunar Capital Markets accepts, and PayPal is available in some places too. Spreads on all majors can reach as low as 0.6 pips in Ultra-Low Account, while spreads on other accounts usually start from 1 pip. In addition to providing personal and account details, new clients are required to verify their ID and proof of residency by way of utility bills or bank statements.
Mobile Trading Platforms
This ensures that we accurately convey https://lunarcapital.team/ facts and events so that investors and traders can read our content with confidence and make informed choices. Before deciding to trade in any kind of financial market or financial instruments, you should carefully consider your investment objectives. Participating in financial markets involves high risk, which can result in the loss of part or all of your investment. There are no guarantees or specific guidelines to prevent losses. It’s worth noting that you must first complete the Lunar Capital Group verification process to access these funding and payout methods.
Feedback and rankings from authoritative sites like “Trustpilot” on the TradingFinder website assist all traders. Traders can easily fund their accounts using the Lunar Capital Group Neteller deposit method by following a 3-step process, which we have covered in our step-by-step guides. Paysafecard is another option offered by Lunar Capital in some countries. It’s a prepaid voucher you can purchase with cash and then use the 16-digit PIN to deposit funds online. Sending an Lunar Capital minimum deposit functions similarly to online banking, and the Lunar Capital minimum deposit is handled through the secure Lunar Capital member area of the platform.
MT4 and MT5 are on offer for Windows and Mac OS devices both. The choice is between the industry-standard MT4 platform and next-gen trading platforms like MT5. 6) No Cryptocurrency CFDsLunar Capital does not offer any Crypto CFDs currently. There are other major brokers that offer CFD trading on Bitcoin & other cryptos, if you are looking to trade Bitcoin, other cryptos & their crosses specifically.
Traders should monitor their account activity to avoid these fees. Hello, I would like to inquire about the payment methods involved in depositing and withdrawing funds at Lunar Capital broker. Some brokers require their traders to use the same payment method for both deposit and withdrawal transactions, which can be inconvenient. This is because certain deposit methods may be cheaper, while some withdrawal methods may be more expensive.
Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing.
You can make a minimum deposit Lunar Capital Forex either through bank wire, Visa/Mastercard credit, and debit cards, UnionPay, Skrill, Neteller, Bitcoin, USDT, WebMoney, and Perfect Money. One of the most common and favorite payment options for South African traders that Lunar Capital supports is M-Pesa, which is a mobile payment app exclusively partnering with Lunar Capital. Traders may use the Lunar Capital forex demo account to test trading strategies or Expert Advisers at Lunar Capital.