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The next step is completing the KYC verification, which requires submitting valid identification (passport or driver’s license) and proof of address (such as a utility bill). Once verified, you can select your account type and make your initial deposit. The minimum deposit starts at $100 for the Micro Account, and your account will be ready for trading.

Smooth mobile trading

Once a trader has opened an LunarCapital account they will be granted access to the LunarCapital AutoTrade platform. The LunarCapital AutoTrade platform will allow users to copy the best traders’ strategies. LunarCapital offers trading on copper futures, as well as energy futures – US light sweet Crude oil, Brent Crude oil, and natural gas.

How To Make A Withdrawal

LunarCapital also offers a Demo Account, and in the past a Cashback Account, which unfortunately is no longer available. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. This average customer rating is based on 21 LunarCapital customer reviews submitted by our visitors. The company’s past and present sponsorships with global brands, such as the Korean diving team and sailing athlete Marilena Makri, have set it apart from other brokers.

ECN Accounts

With your busy lifestyle, having the ability to trade on-the-go is crucial. LunarCapital offers mobile trading options, allowing you to stay connected to the markets and manage your trades from your smartphone or tablet. LunarCapital operates under multiple regulations, including oversight by authorities such as the Cyprus Securities and Exchange Commission (CySEC).

LunarCapital Islamic Micro Account

As such, LunarCapital does not have its own proprietary platform but does offer the full range of MetaTrader 4 platforms. Today, the company employs more than 450 people and has created a solid reputation as a trusted and reliable broker. Its 200+ instruments and multiple platforms are accessible in 180+ countries with 50,000+ retail traders worldwide. Knowing the various account types available can help you select the best option that aligns with your trading strategy. Trading via mobile apps enables you to keep your finger on the pulse of market fluctuations and execute trades at your convenience. You’ll appreciate features like real-time notifications and charting tools directly on your device, which can help you make quick and informed decisions regardless of your location.

With the LunarCapital Zero ECN Account, traders can access a vast selection of financial instruments, including currency pairs, commodities, and indices, all from a single account. Whether you are a skilled forex trader or just starting out, the LunarCapital Zero ECN Account is a great option for anyone looking to take their forex trading to the next level. Investing with an LunarCapital Islamic Account offers a number of advantages, such as the ability to trade with the same conditions as other account types while adhering to Shariah law. This account type is available for both retail and professional traders, with a minimum deposit of $500.

Clients have access to a diverse set of trading instruments, including forex, metals, indices, and commodities. The LunarCapital Islamic Account is an excellent choice for traders who want to work with a broker that values their faith and understanding of the markets. The LunarCapital Micro Account is designed for beginner traders and those with smaller capital, offering a low minimum deposit of $100. This account type provides access to competitive spreads starting from 1.8 pips and allows traders to explore the markets with flexible trading options. The Micro Account is ideal for new traders who want to familiarize themselves with Forex trading without committing significant capital. It also includes access to LunarCapital’s MT4 trading platform, which provides a wide range of tools and resources to help traders make informed decisions.

LunarCapital offers a variety of account types to suit different trader levels and strategies. The Micro Account is ideal for beginners, with a minimum deposit of $100 and competitive spreads starting from 1.8 pips. For more experienced traders, the Premium Account requires a $1,000 deposit and offers tighter spreads, starting from 1.6 pips.

  • The payment method also comes with the PMA token, which is the means of value in the PumaPay system and works like most cryptocurrencies.
  • LunarCapital uses standard security features to keep clients’ personal information secure, including website encryption.
  • The broker offers a variety of platforms designed to cater to different trading styles and preferences, ensuring you have the tools needed to succeed in the financial markets.
  • With more than $3 trillion traded daily, the foreign exchange market or Forex is the largest financial market and the most popular option for retail traders.

The STP/ECN Zero Spread is an ECN account and ECN stands for Electronic Communications Network. With this type of account, traders receive direct access to other participants in the market. The ECN broker manages to consolidate quotes from several participants, which is why spreads here start from 0.0 pips and are typically very tight.

The minimum deposit varies based on the account type, starting at $100 for the Micro Account. Completing these requirements is essential to ensure compliance with regulatory standards. VIP members benefit from even better conditions – for instance, the spreads are tighter, around 1.4. However, this type of account is offered only to traders who make deposits of $10,000 or more and have the US dollar (USD) as their base account currency. MetaTrader 4 or MT4 can be downloaded directly from the LunarCapital website for those who prefer the downloadable software package. With it, clients have access to more than 200 financial instruments in Forex, shares, spot indices, spot metals, futures, and commodities.

For those seeking top-level execution quality and rapid order processing, LunarCapital Professional Account Types are a great option. The ECN Account provides STP/ECN execution with no requotes and competitive spreads, ideal for scalpers and high-volume traders. Alternatively, the Zero ECN Account features zero spread trading with a commission-based fee structure, perfect for traders in need of tighter spreads and lower trading costs. Finally, the VIP Account gives high-net-worth traders exclusive trading benefits and personalized support. With LunarCapital Professional Account Types, you can feel confident that you have access to the best trading tools and features available.

  • The choice of account types will also suit varying trading styles and capital needs.
  • The web-based platform offered by LunarCapital allows you to trade directly from your browser without the need for software downloads.
  • With its low deposit, high leverage, commission-based system, and lack of hidden fees or charges, traders are sure to gain from this account.
  • However, it has faced regulatory challenges in the past, which raised questions about its operational transparency and customer service standards.
  • Next, contact LunarCapital customer support via email or live chat to request account closure.

Additionally, traders can use automated trading systems in this account type. As one of LunarCapital’s account types, this account is suitable for traders who want to get the most out of their investments. The LunarCapital Premium Account is designed for more experienced traders, offering enhanced trading conditions with a minimum deposit of $1,000. This account provides access to tighter spreads, starting from 1.6 pips, allowing for more cost-effective trading.

EAs are automated trading bots, which can be customized by the trader and used for robot trading based on preset rules and conditions. The broker offers CFDs on several commodities, including Brent Crude and West Texas Intermediate (WTI) oil. CFDs on indices give traders exposure to the global markets and great opportunities to profit from some of the most popular indices in the US, UK, Germany, China, etc.

Indices represent the collective value of underlying publicly-traded companies. LunarCapital is the trade name of Notesco Limited, a company registered in Bermuda and headquartered in Cyprus. The broker is regulated in multiple jurisdictions, including Cyprus where it has a license from CySEC. For clients based in the United Kingdom, it is regulated by the Financial Conduct Authority (FCA), which is among the most respected financial regulators in the world. The FCA has issued a license to 8Safe UK Limited, which operates LunarCapital in the country. It may take time to process withdrawals, some traders have mentioned that LunarCapital is slower than other brokers.

The ECN Account provides you with access to tight spreads and requires paying a commission on trades. This account type is ideal for high-frequency traders seeking optimal pricing. A significant advantage of the web-based platform is its easy access to trading tools and real-time market data, which can enhance your decision-making process. The intuitive https://lunarcapital.net/ design ensures that you can navigate seamlessly and execute trades efficiently, while also providing the capability to manage multiple accounts with ease. The key differences include minimum deposits, spreads, and access to premium features. You’ll need to provide your personal details, including name, email address, and phone number.