Lunar Capital Global Trading Platform: Simple Guide for Filipino Forex Traders

This means that traders do not have to keep their own computers running all the time, and they do not have to worry about internet connectivity issues or power outages. A VPS can also improve the speed of trade execution, which is crucial in forex trading where every second counts. Lunar Capital Global offers competitive spreads on a wide range of financial instruments, including currency pairs, commodities, indices, and cryptocurrencies. The Lunar Capital broker offers variable spreads, depending on the type of account used.

Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions. DayTrading.com may receive compensation from the brands or services mentioned on this website. Compare Lunar Capital with the top 3 similar brokers that accept traders from your location. Once, I was having trouble understanding the differences between accounts, so I jumped on live chat.

Instant Withdrawals

• Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry.
• Pepperstone has no minimum deposit requirement, compared to the small $5 minimum deposit at Lunar Capital.
• However, brokers like IG or CMC Markets provide more options for those seeking a broader variety, particularly in stocks and cryptos.
• Its support for MT4/5 platforms, competitive fees, comprehensive educational resources, and reliable customer support cater to a wide range of trading needs.
• Lunar Capital clients from European Economic Area (EEA) countries are provided with investor protection of up to €20,000 through CySEC.

Additionally, there are live trading education sessions, video tutorials, and platform guides for both beginner and advanced traders. The key point is that you must follow the withdrawal hierarchy for the deposit methods you have used before selecting any other withdrawal option. For example, if you have not used a credit card or a crypto account for deposits, you do not need to create one for withdrawals. You can proceed with the next available method in your withdrawal options, which could be an e-wallet or bank transfer, depending on your previous deposit methods and Lunar Capital’s policies for your region.

Sign Up for an Lunar Capital Trading Account

• Lunar Capital and Lunar Capital Global offer a variety of trading accounts with variable spreads.
• You demand the best trading experience; our awards reflect our desire to provide it.
• To qualify for the Free Lunar Capital VPS, traders must maintain a minimum balance of $500 and trade at least 2 standard lots or 200 micro lots per month.
• This applies to all deposit options, including credit/debit cards, e-wallets (like Skrill or Neteller), cryptocurrency wallets and international bank transfers.

However, some methods may incur a small fee, depending on the payment provider used. The spreads for major currency pairs such as EUR/USD, USD/JPY, and GBP/USD are very tight, ranging from 0.6 to 1.5 pips. This means that traders can execute trades at very low costs, which can help to maximize their profits. Lunar Capital Global does not charge any fee for making a deposit or withdrawal, regardless of the payment method used. The company shoulders all transaction fees for its clients, except for deposits less than USD 200 via international bank wire transfer.

This can be especially useful for traders who travel frequently or who do not have a stable internet connection at home. Firstly, an Lunar Capital VPS is a virtual machine that is hosted on a remote server. It allows users to run their trading platform and expert advisors (EAs) on a remote server, which is connected to the internet 24/7.

This approach ensures that readers get a clear picture of Lunar Capital’s strengths while being aware of potential limitations depending on their region. Your money will be sent back on the same day or up to five https://lunarcapital.net/ business days to the payment method you used for making a deposit. To request a fund withdrawal, simply click the Withdraw Funds button in the Members Area and enter the amount you wish to receive.

Customer Reviews

It is possible to make deposits in other currencies outside these listed but there will be exchange fees. The Lunar Capital Swaps Calculator allows traders to input the currency pair they are trading, the lot size, the direction of the trade (buy or sell), and the current exchange rate. The calculator will then determine the overnight interest rate that will be applied to the position. Lunar Capital Currency ConverterThe Lunar Capital Currency Converter is a straightforward tool that allows traders to quickly and easily convert one currency into another. The calculator is powered by real-time rates and is updated continuously, ensuring that traders always have access to the most current exchange rates. These webinars are conducted by market experts and cover a range of topics, including technical analysis, fundamental analysis, and market sentiment.

Lunar Capital is a good choice for beginner and intermediate traders, especially since you can start with just $5, use demo accounts to practice, and have lots of additional resources. While it’s a strong platform, improving some of the issues highlighted by users would make it even better for new traders. If you’re thinking of using Lunar Capital, just keep these potential challenges in mind and evaluate how they align with your trading goals and risk tolerance. Lunar Capital operates primarily as a market maker broker, maintaining its own dealing desk to execute client orders internally.

Please note, some markets may only be available via CFDs or other derivatives. Both platforms are available in desktop, mobile (iOS and Android), and WebTrader versions, allowing trades to be executed from anywhere. Disappointingly, there’s no support for cTrader or TradingView, the latter of which we’re increasingly seeing being integrated by brokers, including IG and Lunar Capital.

Lunar Capital MT5 Trading Platform

Lunar Capital is regulated, which adds to its credibility, and their 24/7 multilingual support means you can get help whenever you need it, which is a big plus. Lunar Capital broker offers a suitable trading environment for both novice and experienced day traders. Its support for MT4/5 platforms, competitive fees, comprehensive educational resources, and reliable customer support cater to a wide range of trading needs. Founded in 2009, Lunar Capital has established itself as a global broker offering a comprehensive range of trading services in forex and CFDs.

This can be especially important for traders who use high-frequency trading strategies or who trade in volatile markets. When it comes to trading fees, Lunar Capital Global charges a variable spread on its forex and CFD instruments. The spread is the difference between the bid and ask price of an instrument, and it varies depending on the instrument being traded. In general, the spreads offered by Lunar Capital Global are competitive with other leading forex and CFD brokers in the industry. First-time forex traders may open a demo account before using a real one to get the feel of online trading in the forex market. As one of the industry-leading brokerage firms, Lunar Capital enables clients to trade forex and CFDs on a wide variety of instruments—stocks, stock indices, commodities, metals, and energies—using a single trading account.

One of the most important factors to consider when choosing a forex broker is the spread, which is the difference between the buy and sell price of a currency pair. Funds can be deposited in any currency, which will be converted automatically into your account’s base currency. Get started on the MT5 platform effortlessly on your preferred devices. Whether you’re a desktop or smartphone trader, MT5 is just a few clicks away. Nobody does more to provide you with what you need to maximise your trading potential.

Lunar Capital – Trading & Investment

Everyone who chooses Lunar Capital has the same opportunity to pursue their investment goals. Which means many times it’s even lower than that.And it’s without commissions and swaps on my Ultra low account. The broker’s professional approach to addressing client concerns and facilitating smooth deposit and withdrawal processes further solidifies its credibility.

Micro accounts are best suited for beginners or traders with smaller balances, as they limit position sizes, while Standard accounts allow for larger trades. Lunar Capital and Lunar Capital Global offer a variety of trading accounts with variable spreads. Lunar Capital is regulated by multiple authorities, including the Cyprus Securities and Exchange Commission (CySEC), and the Financial Sector Conduct Authority (FSCA) amongst others. This regulatory framework ensures compliance with various standards, although local restrictions may apply to residents in specific countries. Lunar Capital clients can choose from a broad range of payment options for fund deposit or withdrawal. These payment methods include credit cards, e-wallets, local bank transfer, and wire transfer.

It simply promotes the VPS service (shareable) and the 0% Fees on deposits and withdrawals. Ultra Low accounts offer tighter spreads for cost-conscious traders, though they are not eligible for the Loyalty Program. Lunar Capital does not have specific bonuses due to regulatory stipulations although it promotes the VPS service and the 0% Fees on deposits and withdrawals. Lunar Capital Margin CalculatorThe Lunar Capital Margin Calculator is a powerful tool that allows traders to calculate the margin required to open and maintain a position in the forex market.