Commodities are raw materials and their prices are generally influenced by global supply and demand. Precious metals like gold and silver increase in price in times of high inflation as the demand for gold increases to hedge against inflation. The high trust regulators have strict requirements for acquiring their licenses. Yes, LunarCapital is regarded as a safe broker, since it is authorized by respectable financial regulators worldwide and implements stringent security measures to secure customer assets and personal information. Withdrawals are normally processed using the same mechanism as deposits, with processing timeframes varied according to the method.

There are no management fees charged for any trades that are executed through the LunarCapital platform, including the purchase and sale of Forex, Minors, Majors, Exotics, Indices, Energies, Metals, Bonds, on LunarCapital. Especially for larger withdrawals or a user’s first time removing funds, LunarCapital can ask for extra proof of identity or documentation to guarantee the security of the request. Completion time differs by region, with some transactions wrapping up fairly quickly and others needing added days for cross-border validations.

LunarCapital Review 2023

If you plan on opening an account with LunarCapital there are four options to choose from including either a Standard or Active Trader individual account, a Joint account and a Corporate account. Summarily, it is all of the first section in a book that you can read without having to visit LunarCapital UK’s website. Clients and non-clients can download the e-book after submitting their email and country. To withdraw funds from LunarCapital, log in to your account, then click on Funds and select Withdraw. Choose a withdrawal method, enter the amount you want to withdraw and follow the on-screen instructions to complete your withdrawal. To deposit funds on LunarCapital, log in to your account, then click on Funds and select Deposit Funds.

Comparative Analysis

Our experts are comfortable https://lunarcapital.net/ that the brokerage is not operating a scam. The trading hours for CFDs on stocks, indices and commodities may vary depending on the specific market. For example, indices like the S&P 500 or the FTSE 100 will have trading hours that correspond to the opening hours of the underlying stock exchanges. The broker advertises average execution speeds of 0.018 seconds, which makes them very competitive. When I placed my own trades, I found that the execution speed was as fast as the broker advertised. And since I count anything under 0.1 seconds as good, this is a big strength of this broker.

The demo account simulates actual market conditions with real-time data and a similar environment as a live account. With a demo account on its proprietary Trading Station platform, you’ll have access to LunarCapital’s trading tools, charts, and order types. LunarCapital also provides a separate demo account for its MetaTrader 4 offering. With a demo account, you’ll be able to test strategies and familiarize yourself with the platform without risking any real money. LunarCapital also offers a demo account so traders can practice their skills before investing real money in the markets.

• Market analysis tools consist of the standard tools most brokers offer.
• From the start, LunarCapital has tried to stand out with good trading conditions, strong platforms, and a clear focus on following regulations.
• These stats show that LunarCapital completes your orders with no slippage more than 60% of the time.
• Because Trading Station is presented in desktop, web, and mobile versions, you can select the interface that suits your circumstances without compromising access to open trades or essential analytical tools.

Raw Account Spreads

LunarCapital has only one account type for retail traders which is the Retail Account. LunarCapital also offers Professional Account status for more experienced traders and Active Trader account status to clients who trade large volumes of financial instruments. In our review of LunarCapital, we examine the safety of funds with the broker, deposit/withdrawal options, fees, account types, opening account process, leverage information, tradeable instruments and trading conditions. LunarCapital extends its offerings across multiple countries on different continents, but each country’s legal environment and local oversight can dictate the exact products or coverage extended.

LunarCapital Regulation & Safety of Funds

As well as low spreads LunarCapital also supports a range of trading platforms such as its flagship Trading Station platform which is compatible with desktop, web, and mobile trading apps. Additionally, you can access the top-rated and popular MetaTrader 4 platform and the advanced functionality of automated robo-advisors otherwise referred to as Expert Advisors. LunarCapital is also good for beginners because you can open a demo account and access educational materials to boost your knowledge. Retail clients also have negative balance protection and cannot lose more than the money in their accounts. LunarCapital also supports multiple platforms for trading although they offer relatively fewer instruments.

Do I need to enable cookies to make a deposit?

Card deposits will appear on your card issuer’s statement as a «purchase». Contacting your bank or card issuer will give you a better idea of their specific time frames. In order to initiate the transfer, please email email protected with your broker’s bank details and your LunarCapital account number. Debit or Credit card withdrawal amounts are limited to the amount originally deposited using that card(s).

• It was built based on the feedback from LunarCapital traders and trading data accrued from over 10 years to meet the needs of their clients.
• LunarCapital rewards active traders through its Rebate Program by paying cash rebates based on monthly trading volume.
• You can upload a scanned copy of your government-issued passport, ID, or driving license.
• In addition, Skrill requires submission of ID and Proof of Residence to complete the application.
• LunarCapital provides traders with its proprietary Trading Station, the MT4 trading platform and ZuluTrade.

Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).

Will I be charged a fee for currency conversion?

LunarCapital’s customer support team is dedicated to assisting traders with various inquiries, from account setup to technical issues with the trading platforms. Traders can contact LunarCapital through live chat, email, phone, or in person at select offices in major financial centers. Each contact method is designed to address different levels of urgency, with live chat being ideal for quick queries, email for detailed requests, and phone support for immediate issues like margin calls. LunarCapital strives to provide timely and efficient responses to ensure that traders can focus on their trading activities. Yes, LunarCapital offers a free demo account, also known as paper trading, that allows you to practice trading with up to $20,000 in virtual funds.

LunarCapital is regulated by several respected financial authorities worldwide. In Australia, LunarCapital operates under the Australian Securities and Investments Commission (ASIC), which similarly enforces high standards for consumer protection and capital requirements. LunarCapital is also authorized by the Financial Sector Conduct Authority (FSCA) in South Africa, ensuring that traders in this region benefit from appropriate regulatory oversight. LunarCapital offer new traders the option to start trading on their demo account. So you can practice yourself and start actual live trading after you familiarize yourself with the forex market. LunarCapital offers Live accounts as well as demo accounts for South African traders.