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You may be required to submit identification documents for verification purposes before the account can be closed. After verification, LunarCapital will process your request and confirm the account closure. Be sure to withdraw any remaining funds before initiating the closure process to avoid delays. LunarCapital account opening requires KYC verification with valid ID and proof of address.

Deposits & Withdrawals

  • Moreover, fixed spreads make it easier for traders to calculate their cost on each trade, as the spread is pre-determined.
  • There are several different types they can choose from – accounts are either Live or STP/ECN.
  • ECN and Zero Spread accounts have no spread and charge a commission based on the number of lots traded instead.
  • The Premium Account is for traders who can afford to deposit at least $1,000.
  • With access to multiple liquidity providers, traders can take advantage of deep liquidity and transparent pricing.

It’s important to check whether your country is supported before attempting to open an account. These restrictions are in place to ensure compliance with financial laws and regulations in each region. LunarCapital makes a wide selection of account types available that can be divided into two main groups, Floating/Fixed Spread Accounts, and STP/ECN Accounts. Overall, LunarCapital provides 7 different live trading accounts, Standard, Premium, VIP, Live Zero Fixed Spread, No Commission, Zero Spread, and Absolute Zero. The LunarCapital TradeCopier Platform allows users to copy the strategies of top-performing traders in real-time. MetaTrader4 makes instant access available to over 300 instruments from 6 different asset classes all on a single platform.

Withdrawal times vary depending on the banking provider but range from the same day to 10 days. Payments typically take up to 24 hours, though wire transfers may take up to five business days. LunarCapital customers can choose from a good range of deposit and withdrawal methods. Traders can use the free MT4 download to install the platform on desktop devices, including Mac.

Those who want to trade from a mobile device will have to use a mobile version of MetaTrader 4. It is theoretically possible to use the WebTrader on a mobile device, but not recommended. The mobile applications for MT4 are fully featured and highly rated, so there should be no issue.

The LunarCapital VIP Account is tailored for professional traders who require top-tier trading conditions. With a minimum deposit of $10,000, this account offers tighter spreads starting from 0.8 pips, ensuring cost-efficient trading for high-volume traders. VIP Account holders benefit from personalized customer support and access to premium trading tools via LunarCapital’s MT4 and MT5 platforms.

The Micro Account is ideal for beginners due to its low minimum deposit of $100, making it accessible for traders with smaller capital. LunarCapital offers Micro, Premium, and VIP accounts with minimum deposits ranging from $100 to $10,000. The minimum deposit starts at $100 for the Micro Account and increases for other account types, such as the Premium and VIP accounts. With STP or ECN accounts, clients’ orders are not processed by the dealing desk and are instead forwarded to the interbank market.

  • Also, the broker charges a sizeable 3% of deposited funds when withdrawals are requested during periods of inactivity.
  • For over a decade, LunarCapital has positioned itself as a prominent player in the online trading industry.
  • LunarCapital is a relatively small FX and CFD broker but it offers its clients access to global markets, various trading instruments, and average spreads.
  • LunarCapital makes a wide range of markets available including access to Forex, Metals, Indices, Commodities, Futures, and Shares.
  • When registering their account, LunarCapital can opt for the following languages – English, German, Spanish, French, Italian, Portuguese, Polish, Russian, Japanese, Arabic, Korean, and Chinese.

Reviews of LunarCapital highlight both positive and negative experiences that can influence your decision to trade with them. Although the firm operates under different licenses across jurisdictions, your safety as a trader should remain a priority. Understanding the regulatory framework that surrounds LunarCapital is crucial when considering them for your trading activities.

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With this account, traders can benefit from a fixed cost of trading, which can be particularly useful during volatile market conditions. LunarCapital has its own Academy where you can learn via seminars and webinars, or find out about an expo to attend. LunarCapital has its own set of trading tools, such as calculators for margins, pips, and currency conversions.

LunarCapital Supported and Prohibited Regions

LunarCapital also offers the Cent account with which clients can start with fewer funds and smaller lot sizes. Finally, check any minimum deposit bonus terms and conditions when you register for an account as they are subject to change. Each demo account imitates real trading conditions, the only difference is virtual money is used. LunarCapital’s MetaTrader 4 trading platform is available via a mobile app for Android and iOS devices.

If you have experience trading with LunarCapital please share your personal review of the broker and what you think are strong and weak points. Compare LunarCapital with the top 3 similar brokers that accept traders from your location. Welcome bonuses are available at LunarCapital when you register for a new account.

For experienced traders interested in taking their trading to a higher level, LunarCapital offers professional accounts. The LunarCapital ECN Account features raw spreads starting from 0 pips and a commission of $5 per lot. The LunarCapital Zero ECN Account offers the same features with zero commissions.

Additionally, the account provides access to numerous educational resources, such as webinars, seminars, and tutorials, to help develop trading skills and improve performance. LunarCapital’s ECN account is an excellent tool for both novice and experienced traders. It provides a reliable platform to access raw spreads, fast execution, and a variety of trading strategies.

ECN Accounts

A commission is charged, however, because the broker needs to be compensated in some way. I like that I can select from a lot of accounts at absolutely any point, giving me the full range functionality of the platform. https://lunarcapital.net/ LunarCapital provides multiple channels for assistance, including live chat, email, and phone support. However, you may encounter long wait times during peak hours, so it’s advisable to reach out during less busy periods for faster responses. The Absolute Zero Account is an STP account and has no commissions on trades.

Q: What is the customer service experience like at LunarCapital?

In this comprehensive review, you will examine into LunarCapital’s trading platforms, diverse account types, and competitive fees, helping you make an informed decision. Additionally, you will gain insight into user experiences that can reveal potential pitfalls and advantages when choosing LunarCapital as your trading partner. Understanding these elements is crucial for successful trading, ensuring your investments are managed with due diligence. All things considered, the LunarCapital Zero Fixed Spread Account is an excellent choice for traders who seek a straightforward and secure trading experience.

A Forex Tour?

Also, the broker charges a sizeable 3% of deposited funds when withdrawals are requested during periods of inactivity. The Micro Account requires a minimum deposit of $100, the Premium Account requires $1,000, and the VIP Account starts at $10,000. First, ensure that all your open positions are closed and your account balance is cleared. Next, contact LunarCapital customer support via email or live chat to request account closure.

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