Lunar CapitalFX Review 2025 Fees, Platforms, Apps, Pros & Cons
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). Lunar Capital 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. Lunar Capital is regulated in Cyprus by the Securities & Exchange Commission (CySEC) and in South Africa by the Financial Sector Conduct Authority (FSCA). Lunar Capital holds just one Tier-1 license and one Tier-2 license, resulting in a grade of “Average Risk” within the ForexBrokers.com Trust Score rating system. We use dedicated people and clever technology to safeguard our platform.
You can download the Lunar CapitalFX app or also trade with Lunar CapitalFX through the MetaTrader 4 application on the Apple app store. You can make use of a choice for Two Factor Authentications (2FA) with Lunar CapitalFX for heightened security. An SMS with the verification code will be sent to your mobile phone. If you feel that Lunar CapitalFX is not right for you then at the bottom of this Lunar CapitalFX review you will find a lot of alternatives to Lunar CapitalFX. After establishing itself in 2014, their customer base has increased to 30,000+ clients. The process is simple and precise, funding is smooth, any issue is resolved promptly by the customer representative.
Lunar Capital affirms that deposits can be made via bank wire, credit card, digital wallet, and cryptocurrency. The available methods vary depending on the client’s residence and may include local bank transfers. Lunar Capital does not charge deposit fees, and processing times range from instant to a few days.
The cause of this is that the companies of online brokerages are scaled better. That is, an online broker is not necessarily affected https://lunarcapital.net/ by the amount of clients they have. However, make certain that you understand how to make the most of your cash before investing in larger sums. Download the Lunar CapitalFX MetaTrader 4 Program free of charge from Apple’s App Store. Lunar CapitalFX customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.
Social and Copy Trading Apps
While there is no minimum deposit from the virtual wallet, Lunar Capital advises that the minimum deposit using this method is 50 USDT. The network charged a fee of 1 USDT, and the remaining amount was credited to our account in USD within minutes. For those familiar with cryptocurrency wallets, this process is very simple and quick. While you can deposit funds in various currencies, these will be converted to USD at the exchange rate set by the payment system you use. On forex, precious metals and indices, there are also no commissions.
The broker has been in business since 2010 and has a strong reputation. Here’s an overview of its offerings, regulation, platform and more. The promo codes, according to their customer support, is a unique offer for some new clients. Nevertheless, new users can always use the promo codes of Lunar CapitalFx affiliates to receive bonuses or chat with the live support on their website to get the promo code.
- The highlight of this platform is its quick order execution on trades.
- This account type is a great starter account, though at the moment is not available to EU traders.
- The spreads here start at an extremely competitive 0 pips with $5 per side per lot of commission, or from as low as 0.2 pips with no commission depending on your account type.
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How do spreads vary across different Lunar CapitalFX account types?
Hello to everyone.Forexbrokerslab is my personal blog where I review reliable forex brokers. Forexbrokerslab is a project that aims to educate and protect forex traders. In this blog you’ll find practical guidance, unbiased reviews and much more. Compared to other brokers who offer more deposit and withdrawal methods available in the market, the broker here is lacking when it comes to the options provided. Lunar CapitalFX offers both written and visual educational materials to its investors.
If you are interested in automating share CFDs, MT5 is the only platform on Lunar Capital to provide this. Another decent addition I found on MT5 is the native economic calendar which shows the times of upcoming economic announcements that can impact your trades. I like that it updates in real-time and displays on your charts which I found useful to avoid opening trades during high-impact announcements like US GDP or Non-farm Payrolls. Out of the platforms available, I believe MT5 is your best option overall as it allows you to trade all asset classes and improves on the features of the MT4. For example, the MT5 is faster thanks to being rebuilt using 64-bit architecture which means your execution times and price feeds are faster, and now allows you to trade stocks.
Company details
Unlike most brokers, Lunar CapitalFX does not charge any kind of inactivity fee. Here are some of the spreads we found on the most commonly traded assets with Lunar CapitalFX as an example. 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. 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.
- Other deposit techniques you can embrace are Neteller, Skrill, Rapid Transfer, and iDeal.
- In accordance with the organization’s privacy regulations, customer data is never to be shared with some other institutions or individuals.
- Whether it’s their infamous CopyTrader or global outreach that caught your attention, there is no doubt that eToro is a top broker.
- On the positive side, it allows Lunar Capital greater flexibility in leverage and instruments while still serving clients from around the globe.
Can I trade on Lunar CapitalFX using a mobile device?
Regulations are technically the first and foremost criterion to determine the trustworthiness of any forex broker. I got many queries about the Lunar CapitalFX scam or the possibility of the forex broker being a reliable one. The economic calendar displays a list of up and coming financial news releases including the country and level of impact. You can also see the actual, forecast and previous results of these releases. The calendar has advanced filters to only show news that is relevant to you.
Lunar Capital does not charge fees for deposits or withdrawals, nor does it impose commissions on trades. One of the standout features of Lunar Capital is that it does not charge swap fees. Positions held overnight are not subject to fees, whether positive or negative, which is a distinctive aspect of Lunar Capital. In 2022, trading over the weekend was allowed due to the rise of cryptocurrencies.
Demo Account
Lunar CapitalFX offers multiple trusted trading platforms with excellent customer support. Lunar CapitalFX offers a free demo account to new forex beginners to practice trading in forex with no limits. You may also open a demo account to test the different trading platforms and conditions before opening a real account, should you wish. I think this can be a good way to practice your trading strategies and build your confidence without any risk.
We are pleased to know that you find Lunar Capital to be an exceptional platform! We truly appreciate your constructive approach in leaving room for improvement. We are always working on enhancing our services, and your feedback is invaluable in helping us achieve that. If you have any specific suggestions on how we can make your experience even better, we’d love to hear them! We look forward to continuing to serve you with the best trading experience possible.Kind regards,Lunar Capital Rep. The broker also offers wonderful features that are unique to the company alone.