If an account is unused for between six months and one year, a $5 fee is charged. Non-trading fees are not directly related to trading and can include payment fees and inactivity fees. The ratings and third-party reviews presented below are provided for informational purposes only and may not accurately represent the broker’s quality.
The list may vary depending on the account type and the Lunar Capital Group entity you are trading with. Just like any offer, it is crucial to have a clear understanding of the specifics. It is important to carefully review the terms and conditions of both bonuses before deciding. Being knowledgeable about the details of any promotional offer is crucial. In addition to the benefits we’ve already mentioned, there are also daily cash rebates of $2 per lot traded, with a maximum limit of $8,000.
Whether you’re signing up via Lunar Capital sign up or downloading the Lunar Capital app , the broker’s commitment to innovation and reliability shines through. This review dives deeper into Lunar Capital’s offerings, including its Lunar Capital minimum deposit , regulation, and overall value proposition, helping you determine if it aligns with your trading goals. The cent account is designed for new traders who want to test their skills on live markets with a small budget. The key defining feature of a cent account is its low capital requirements and micro-lots trading volumes. The main goal here is to allow novice traders to trade on live markets with much lower risks than other accounts. Lunar Capital is a Forex and CFDs broker regulated in multiple jurisdictions.
How does Lunar Capital make money?
Ultimately, this means that traders get the very best price from the many liquidity providers that Lunar Capital has in place. No, the only Lunar Capital demo accounts available are the Cent, Zero, Premium and Pro accounts. Upon opening the Lunar Capital demo account you can start with a virtual balance of up to $100,000 while also installing and trying EAs as we have explained in our Lunar Capital demo account guide. For more information about this topic, you can have a look at our Lunar Capital minimum deposit article. If you deposit less than $100 with a bank wire (or less than $250 under the regulation of the Cyprus Securities and Exchange Commission, CySEC), you might be charged processing fees.
Investors can now select the currency and amount that they wish to deposit. Enter the personal information required and log in to the user account. There are plenty of payment methods that again will be available to you based on your residence. The offer available to you will depend on the entity of Lunar Capital you trade with and so will vary the base currencies you can choose. Yes, you can change your deposit method from the Lunar Capital account dashboard at any moment. This flexibility lets you adjust to shifting objectives or take advantage of various deposit specials.
Disclaimer – BrokerBenchmark.comRisk DisclaimerPlease note that trading and investing in financial instruments, commodities, and other assets involve a high level of risk. You may lose your entire https://lunarcapital.vip/ deposited funds, and past performance is not indicative of future results. You should only engage in such activities if you fully understand the risks involved. BrokerBenchmark.com does not provide investment, financial, or legal advice.
Lunar Capital Account Options
- Lunar Capital also offers trading materials and instruments to help traders with their work.
- The key defining feature of a cent account is its low capital requirements and micro-lots trading volumes.
- The Lunar Capital Zero account is a versatile trading solution suitable for traders of all levels, under any Lunar Capital entity.
- Traders will typically be allowed to top up their live trading account from $5.
To fully evaluate its suitability for your trading needs, we encourage you to explore its features, test the Lunar Capital trading platform , and consider how it aligns with your financial goals. Spreads on Lunar Capital cent accounts are variable from 1.2 pips on major pairs of EURUSD. 1 lot equals 1,000 units, trading instruments offered on the cent account are limited to only Forex and Gold. Supported trading platforms include MetaTrader 4, MetaTrader 5, Webtrader, and Mobile Trading. The Webtrader and mobile trading apps are also MT4 and MT5 apps but for mobile and browsers. They offer somewhat limited functionality when compared to their desktop counterparts.
Keep also in mind that bonuses and promotions are usually cyclical, meaning that they may not be available at all times. When it comes to withdrawal fees, Lunar Capital does not charge any fees on withdrawals except for a 1% commission when using BitPay. The selection may slightly vary depending on your area and the account type selected. It is primarily a CFD broker and applies overnight fees, which are not favourable for long-term investment strategies.
The desktop software MT4 and MT5 are both super advanced platforms, offering a full range of features, including fully automated trading capabilities. The broker focuses on the trading conditions like spread, required time to execute a deal, and account types available to the trader. Lunar Capital minimum deposit required to register an Lunar Capital live trading account is USD 0. At the current exchange rate between the US dollar and the South African Rand, this minimum deposit is equivalent to R0 ZAR.
Does Lunar Capital offer negative balance protection?
Therefore, if a trader https://lunarcapital.team/ makes a $500 deposit into a US Dollar base account, they will receive $500. Third-party payment processor and currency conversion costs may apply. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider.
Pros
Commodities are sensitive to political and economic events,which makes them attractive to traders. You can trade Palladium contracts on Spot markets and avariety of commodities like Coffee, Cocoa, Copper, Cotton, Sugar, and SoybeanOil contracts on Futures markets on Lunar Capital. The Copy account allows you to track the leading traders andcopy their trades. An advanced trader with trading experience, can become aStrategy Provider and display their trading strategy, knowledge, and expertisein exchange for a performance fee based on copy trades.
Deposit & Withdrawal Section
Some assets are unavailable for trading, depending on the Lunar Capital entity. Such is the case of cryptocurrencies for retail traders residing in the EU, UK and Australia, under the HF Markets entity. The Lunar Capital standard account, called Lunar Capital Premium Account, charges spreads from 1.4 pips. In other words, for every trade it charges $14 which is 40% higher than the industry standard. The Lunar Capital Cent account is a beginner-friendly trading option only available to international clients under the regulation of the Financial Services Authority (FSA) of Seychelles. Cent account is ideal for those moving from a demo to a real trading environment.
- To fully evaluate its suitability for your trading needs, we encourage you to explore its features, test the Lunar Capital trading platform , and consider how it aligns with your financial goals.
- He is an expert in Compliance and Security Policies for consumer protection in this sector.
- Your funds will be ready on the Lunar Capital account almost instantaneously, except for the bank wire deposits which may take a couple of business days to get through.
- Additional revenue comes from services like VPS hosting, which requires separate payment until you deposit over $400.
- No, the Pro Account has a strict minimum deposit requirement of $100 to open.
- There are plenty of payment methods that again will be available to you based on your residence.
They are a well-regulated STP broker with awards for its clientprotection and product offerings. Lunar Capital offers the full range of the MT4 and MT5 trading platforms. The standard lot equals 100,000 units of a currency, and all trading instruments are available. 60 standard lots per position and 500 trades can be opened simultaneously.