LunarCapital Reviews Read Customer Service Reviews of LunarCapital com
The company’s past and present sponsorships with global brands, such as the Korean diving team and sailing ath […]
The company’s past and present sponsorships with global brands, such as the Korean diving team and sailing athlete Marilena Makri, have set it apart from other brokers. 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. LunarCapital does not accept as clients residents of the USA, Cuba, Sudan, Syria, North Korea, or any jurisdiction where trading is prohibited by law.
Is LunarCapital A Good Broker?
With LunarCapital’s TradeCopier, you may begin replicating trades of other traders, gaining access to their knowledge, and expanding your own portfolio. Just remember, there are no guarantees on how good or bad trading signals will perform. Make sure you understand the risks before you copy any trading signals.
The options include the popular MetaTrader 4 and the Personal Multi Account Manager but the broker does not have a proprietary software platform. This may be a weak point for the broker but it should not bother traders, especially since MT4 is familiar to most of them. The broker does not have a huge range of commodity markets but it offers trade on the most popular ones. Along with trade on spot metals and spot energy commodities, it also gives its clients the opportunity to trade commodity futures. Futures contracts allow traders to make a profit from the price margin before the closing date determined in the contract. CFDs on commodity futures are extremely flexible and convenient for traders compared to trading and owning the physical commodities themselves.
The IB Monthly Reward Plan allows you to earn cash rewards based on the number of new clients you bring and the trading volume they generate. Rewards range from $100 for a silver level (with 50 lots and 3-7 new clients) up to $1,000 for the diamond level (with 400 lots and 25+ new clients). Afterward, you’ll gain access to the dedicated IB portal where you can track your referrals, commissions, and earnings in real-time. It’s been a wonderful one year trading here and it’s always felt very peaceful and smooth.
What steps can I take to secure my LunarCapital account?
With LunarCapital, you can trade spot indices and commodities such as crude oil, coffee, and sugar. Indices have no expirations and offer enhanced execution, while commodities allow for portfolio diversification with deep liquidity and low-margin requirements. To qualify for the bonuses, you need to open a trading account with LunarCapital and make a deposit.
It’s important for traders to consider potential third-party fees, such as currency conversion costs. Only verified trading accounts can make deposits or withdrawals, and the payment processor’s name must match the account holder’s name at LunarCapital. LunarCapital offers a diverse range of trading account types to cater to different levels of traders and their specific trading needs. These accounts come with varying features, such as different spreads, lot sizes, and the option for commission-based trading. Traders can choose between Live and STP/ECN accounts, each designed to suit various trading styles, whether you are a beginner, an intermediate trader, or an experienced professional. If you prefer a fixed spread for your trading strategy then you could consider a no commission account.
Trading Platform
Alison Heyerdahl is the Head of Content at FxScouts and a financial writer with extensive experience in Forex trading, broker analysis, and market research. She has reviewed 100+ brokers, publishes weekly YouTube trading videos, and co-hosts the “Let’s Talk Forex” podcast to help traders make informed, safe decisions. Yes, LunarCapital offers several trading bonuses including a 100% bonus on your first deposit and various promotional offers tailored to different account types. LunarCapital offers multiple account types including Standard, Premium, VIP, and STP/ECN accounts, each designed to cater to different trading needs. LunarCapital provides a smooth and secure process for both depositing and withdrawing funds. The platform offers a variety of deposit methods, though processing times can vary, with bank wire transfers being the primary method for withdrawals.
LunarCapital enables commission-free trading; however, I found that spreads on some popular instruments exceed the industry average. LunarCapital offers a solid foundation for both new and experienced traders with its suite of trading platforms. Powered by the renowned MetaTrader 4 (MT4) platform, traders can access over 200 tradable instruments across six asset classes.
Live Premium
They round out their services with a variety of professional accounts, introducing broker (IB) branding and a portfolio management program. They recently added cryptocurrency coverage to a broad selection of forex, spot, and CFD trading products. Earlier in 2018, LunarCapital announced a partnership with EmurgoHK to open a cryptocurrency exchange, but the launch date hasn’t been announced. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. LunarCapital is one of the few brokers that offer traders the flexibility to choose between fixed and floating spread accounts.
The IB program is designed to help partners maximize their revenue through high-volume commissions, market rebates, and exclusive rewards. LunarCapital’s offering includes valuable marketing resources, seamless onboarding, and a supportive portal for real-time tracking of referrals and commissions. I am really impressed with the variety of accounts and think it is very advantageous how you can choose depending on what matters the most to you, whether that be low spreads or no commission fee. I would personally be looking at the zero spread account as I use trading strategies that rely on low spreads at all times.
- You should only engage in any such activity only if you are fully aware of the relevant risks.
- Avoid sharing your passwords with anyone and ensure that they are difficult to guess by using a combination of symbols, numbers, and both uppercase and lowercase letters.
- We have over 20 years of experience when it comes to trading online so we know what to look for.
- Then my account manager mysteriously left and automatic trades started to open.
Is LunarCapital suitable for automated trading?
- Had a minor issue with my first withdrawal, but support sorted it quickly.
- With competitive spreads, fast execution, and a trusted trading platform, LunarCapital caters to traders of all levels, whether you’re focusing on forex, metals, indices, or commodities.
- With the high volatility of the crypto market, LunarCapital offers advanced risk management tools to help traders manage their exposure.
- When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of leverage.
- Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry.
The portal would benefit from more advanced topics but the narrow focus on newer traders makes sense as a marketing tool. A webinar section was locked, leading to a live account application, while the seminar section contained just two non-English programs in MP4 format. Note, the broker is planning to introduce MetaTrader 5 (MT5) to its platform offering, which will bring more advanced analysis tools and trading features for experienced traders. Execution speed is excellent, spreads are predictable, and my withdrawal request was handled without any complications. The platform could use more features for advanced traders, but for day-to-day trading, it does the job.
The company’s current promotions include its Iron Worlds Championship live trading competition held from mid-June 2021 until mid-December 2021. This competition has a $1 million prize pool with multiple prizes awarded to winners at different stages of the competition. Customer support is available 24/5, in 30 different languages to support clients from over 180 https://lunarcapital.net/ countries in Europe, Asia, the Middle East, Africa, and Latin America. LunarCapital’s research and analysis materials are more comprehensive than its education section, but compared to other large international brokers, are still lacking.
Some payment processors have geographic restrictions, but the LunarCapital back office will only list the ones available to traders. Processing times depend on the geographic location and the payment processors, which LunarCapital lists as between one and ten business days. There are no internal deposit or withdrawal fees, except for traders who request a withdrawal without placing a trade, which carries a 3% fee. LunarCapital notes the availability of 80+ currency pairs, making it an ideal Forex broker.
Advanced Markets Review
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These videos cover the basics of forex trading, how to use trading platforms like MetaTrader 4 (MT4), and advanced trading strategies. The step-by-step guides make it easy for beginners to get started and for experienced traders to refine their techniques. LunarCapital ensures secure financial transactions for all verified clients through its robust back-office system. The minimum deposit at LunarCapital is $50, and processing times vary depending on the trader’s geographic location and the payment method used, typically ranging between one and ten business days.