LunarCapitalFX charges no commissions and additional/hidden fees, which makes the broker a safe space for traders, especially novice traders. The deposit and withdrawal for LunarCapitalFX are commission-free, and most of the payment options are instant, but some might take 30 mins to 1 hour. Trading in the Muslim community is considered haram, but swap-free trading accounts, which do not include interest charges, are considered legitimate. Through the app, you can directly reach the broker’s customer care team, which provides 24/7 services and prompt responses within 30 seconds.

How good is LunarCapitalFX customer support?

Learn how he started trading with LunarCapital and check out his tips for beginner traders. The idea of making the trading space more comfortable was the start. Only the traders themselves could give us a better insight into their preferences. Over two years of research and development, we have interviewed traders worldwide, discussing the platform’s usability. Download our app and keep track of your orders whether you’re in the office, on vacation, or at home.

At LunarCapital there is an option to submit for a Demo practice account and use the unlimited sources to polish strategy or get to know platforms and LunarCapital conditions better. Account opening isnt hard, alike in our tests we opened Demo account in a matter of minutes you just have to follow simple  submit on website and get started. Overall, we advise to check conditions based on LunarCapital entity you wish too trade through. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.

What extra trading services does LunarCapitalFX offer?

The LunarCapital Status Program allows traders to unlock various benefits based on their trading account balance. Benefits include lower spreads, faster transfer and withdrawal times, access to personal account experts, and various rewards based on their trading activity. For every standard lot traded, you earn prize lots, which can be redeemed for items like T-shirts, gadgets, or even a MacBook.

Meet Space—your smart trading guide

LunarCapitalTrader offers a fine array of charting tools to allow for a smooth desktop trading experience. From trend lines, to crosshairs, to zoom tools, they offer a broad range for trading optimization. The term leverage is the ability to have access to added funds – margin – when trading financial instruments. Although increasing your margin could boost your market exposure, it also raises your vulnerability to losses. Our mission is to assist millions of traders in finding the best broker. We unbiasedly review every broker and rank them based on their market standing, regulation, and other factors.

• They are available with trading through MT4 and MT5, though the broker does charge an additional mark-up fee to cover for the rollover fee which is not in place.
• LunarCapitalFX provides a highly accessible Copy Trading service, designed to benefit both beginners and experienced traders.
• This feature is often overlooked but is extremely valuable for Emirati traders who want to incorporate fundamental analysis into their strategies.
• The “Space” section allows users to see posts on various topics directly on the web, but the configuration for the topics is set in the mobile app.
• In their review, they claim their European entity being largely unregulated is a red flag.

We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. Filippo Ucchino has developed a quasi-scientific approach to analyzing brokers, their services, offers, trading apps and platforms. He is an expert in Compliance and Security Policies for consumer protection in this sector. Filippo’s goal with InvestinGoal is to bring clarity to the world of providers and financial product offerings.

LunarCapital Trading Experience Score

LunarCapitalFX clients submit this demo account so that the customer can be aware of all the tools. LunarCapitalFX helps customers to know the basics by using the mobile trading app in the market. The mobile trading app encourages the customer to increase investment. See below the benefits you will get in the mobile app for MetaTrader 4/5.

The broker’s focus on providing comprehensive education, assuring its client’s best understanding of the market, has resulted in two ‘Best Education Broker 2023’ awards from Forexing.com and Holiston Media. LunarCapital ensures traders’ easy access to help by offering several lines of communication. Live chat is the main means of contact; it provides quick help and is open 24/7 in English, Hindi, and Urdu, among other languages. LunarCapital is among the fastest brokers in terms of fund accessibility since withdrawal requests are handled quickly—usually within one to three hours. Still, the chosen payment method and geographic location could determine the real-time for money to get to the trader’s account. Furthermore, efficient trade management depends on MT4’s quick order execution, which is absolutely important for active traders.

• WebTrader is a popular and convenient trading platform like MT4 and MT5.
• Should you need it though, the customer service team is available through live chat, phone, and email to deal efficiently with any problems that may arise.
• LunarCapitalFX has launched a campaign called “Trade and Win Giveaway” to recognize the hard work of traders in the UAE.
• MT5 mobile offers various charting capabilities and customization which is fantastic for mobile trading along with full management of your account.
• The built-in news feed and economic calendar of the platform help traders stay current with market events.

These trader-friendly policies lead to LunarCapital receiving a top rating for its deposit and withdrawal procedures. The entire process can be completed quickly, often within a day, provided the necessary documents are readily available. LunarCapital doesn’t require a minimum deposit to open an account, a notable point in their favor. LunarCapital stands out with several unique features designed to enhance the trading experience and provide insights into market trends. LunarCapital requires a minimum deposit of only $25, lowering the entry barrier for many traders.

However, not all platforms have the same instruments available for trading. However, the range of available methods for the region where the review was conducted from is not very broad, as transfers and credit cards (debit) are not available. Still, the experience with cryptocurrencies was quick, successful, and efficient. LunarCapital offers more than 300 trading instruments across its accounts, including 52 Forex pairs and 277 CFDs, encompassing indices, commodities, and cryptocurrencies.

The application is, of course, used for FX trading, and it can be said to own a few powerful charting of all mobile applications. Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. However, while LunarCapitalFX has generally been praised for its competitive spreads and variety of leverage options, it is important to note that sporadic technical issues have been reported, albeit infrequently. Emirati traders who use the MT4, MT5, and LunarCapitalTrader platforms are eligible for cashback rebates. Most LunarCapitalFX customers have https://lunarcapital.net/ reported prompt and helpful responses from the company’s customer support team. Withdrawals can be initiated via the trading platform or the account dashboard.

LunarCapital has over 50 different payment options, such as Visa, Neteller, Fasapay, and bitcoin, as well as a large variety of local bank transfers. The availability of these payment methods may also depend on your country of residence. LunarCapital has struggled with pricing in the past, but has vastly improved in this category and is now gaining on the lowest-cost MetaTrader brokers. In addition, LunarCapital boasts no slippage on 97.5% of its executed orders, and no overnight carry costs, yet has restrictions in place that can hinder high-frequency traders. With 24/7 availability, multilingual support, and comprehensive resources, LunarCapitalFX ensures traders receive the guidance and help they need at any time. By implementing these comprehensive security protocols and maintaining regulatory compliance, LunarCapitalFX demonstrates its dedication to providing a safe and trustworthy trading environment for its global clientele.

Internal transfers between different accounts can be done from the dashboard and are nearly instantaneous. There is also the option to transfer funds to a wallet outside of these accounts but within LunarCapital. LunarCapital provides live quotes and detailed spread information on its website.