Commodities are sensitive to political and economic events,which makes them attractive to traders. You can trade Palladium contracts on Spot markets and avariety of commodities like Coffee, Cocoa, Copper, Cotton, Sugar, and SoybeanOil contracts on Futures markets on Lunar Capital. Traders can access theWeb Trader on any browser by just launching it and logging in with your accountdetails, placing trades on just a button. Traders can view theirtrading activity and analyse using advanced analytical tools and charts attheir disposal. Lunar Capital will notify clients once it credits the deposit to the trading account. Also important to note, the selection of the instruments might vary based on the entity you are registered with.
Future deposits can be made in any amount, as long as they meet the platform’s deposit guidelines. The spreads on this broker site are fairly low starting from as low as 1.0 pips on the standard and the micro accounts. On the Lunar Capital Ultra Low account, the spreads start even lower from 0.6 pips with no commission paid. That means any time you top up your trading account, the entire amount arrives intact.
You can then withdraw any profits which you have made from this Lunar Capital no deposit bonus. Once you have deposited into your account, processing should be quite fast. Typically, this is as soon as one day but it will depend on the deposit method you have chosen. The very first step you should consider making is opening a Lunar Capital demo account.
- Lunar Capital markets also allow traders to open a demo account without making any deposits or payments.
- The Lunar Capital Premium account includes a choice of base currencies – USD, EUR, PLN, NGN, JPY – varying according to the trader’s location and the broker’s entity.
- Their Supercharged Bonus is truly revolutionary, as it matches your initial deposit dollar-for-dollar.
Can scalpers trade with Lunar Capital?
Traders will typically be allowed to top up their live trading account from $5. 👉 Negative balance protection is a risk management strategy made accessible to all retail trading accounts by Lunar Capital. Regardless of market volatility, Lunar Capital’s negative balance protection is in force, which ensures that if a client’s account goes negative, they are not required to pay the broker back. Let’s explore the minimum deposit requirements of HF https://lunarcapital.net/ Markets in the UK, deposit processing time, payment methods, step-by-step guide to deposit and more, in this review. The broker allows traders to deposit and withdraw funds with variousmethods.
Third-party processing fees, however, could be applicable depending on the payment method chosen. For stock CFDs, no commissions are generally applied, while cryptocurrency trades may incur a small fee per round lot turn. Additional revenue comes from services like VPS hosting, which requires separate payment until you deposit over $400. Lunar Capital also provides free services such as Autochartist and premium trading tools. The Lunar Capital standard account, called Lunar Capital Premium Account, charges spreads from 1.4 pips. In other words, for every trade it charges $14 which is 40% higher than the industry standard.
However, we must insist that we do not have any personal experience with the two brokers below. Before investing with any broker, always make sure to do thorough research to make sure your money is safe with the broker of your choice. The Premium, Cent, Zero, and Top-up Bonus accounts all allow traders to open an account with whatever amount they want to invest, so they can start even with as little as 100 ZAR.
Yet, Lunar Capital might not be the best for traders who prefer other than MetaTrader platforms and need thousands of tradable instruments. Once the deposit hits a trader’s account, they can invest in a variety of market products including CFDs on forex, indices, stocks, energies, metals, and cryptocurrencies. The trading platforms available to use while trading include MetaTrader 4, MetaTrader 5, and Exness Terminal.
The minimum deposit amount required to register a Lunar Capital trading account is $5, this minimum deposit is equivalent to 599 KES. Lunar Capital formerly Hotforex is considered trustworthy, with an overall Trust Score of 9 out of 10. You can activate the account without any deposit, however to start trading, you must make a deposit, and the minimum deposit you can make via the payments method is R100 or $5. Lunar Capital Demo account is designed to closely resemble the Liveaccount, thereby offering a seamless transition to the Live account for anybodynew and testing the market before putting in their real money. The demo platform willhave $100,000 virtual money when you open the account, where you can check yourtrading strategies under close to actual market conditions.
Trading Platforms
- They offer an unlimited demo account with a virtual balance of $100,000 and real-time data.
- Yes, you can start trading with 1,100 KES by using leverage offered by Lunar Capital to open larger positions.
- Important point withdrawal fee is actually 0$ and indeed is amazing, allowing you not to worry about extra fees.
- Lunar Capital is a CFD (Contract For Difference) Forex broker with execution style based on ECN (Electronic Communications Network) and STP (Straight-Through Processing) models.
- Traders using the Lunar Capital Zero account can choose between the MT4 and MT5 trading platforms.
In addition to this, they maintain their accounts with major banks and ensure the segregation of client funds for added security. They also provide protection against negative balances, helping traders avoid owing more than they’ve invested. Lunar Capital is a Market Making (MM) broker, which means that it acts as a counterparty to its clients in trading operations. That is, instead of connecting directly to the market, Lunar Capital acts as an intermediary and takes the opposite position to its clients.
What Type of Broker is Lunar Capital?
➡️ Once a trader has pressed the deposit button located on the right-hand side of the screen, Payment options will become available. Withdrawals are also only made to same sources you have used to make deposits and must bear your name as well. Lunar Capital offers multiple avenues of customer support to ensure all client queries and concerns are attended to.
How Competitive Are Lunar Capital Fees?
Another outstanding feature is fast order processing on the app too, which enables quick reactions to evolving market conditions. Moreover, customers can browse comprehensive trading history and adjust trading experience with the available trade amounts. The cheapest account on Lunar Capital is the Lunar Capital Zero account with raw spreads starting from 0 pips and $6/lot commission round turn (14% cheaper than the standard industry commission of $7/lot).
Consequently, we cannot vouch for their credibility and we urge you to do your research before investing with either of them. Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. Online trading involves significant risk, and you may lose all of your invested capital. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company’s services and policies. It is important for traders to be aware of this dynamic when trading with Lunar Capital or any other MM broker.
Filippo Ucchino is the founder and CEO of the brand InvestinGoal and the owning company 2FC Financial Srl. He became an expert in financial technology and began offering advice in online trading, investing, and Fintech to friends and family. These are the most popular account types, however there are more solutions that Lunar Capital offer to its clients depending on their country of residence. Regulation is a top concern for many traders, and Lunar Capital does not disappoint. The broker is supervised by well-respected regulatory bodies around the world. These include the FSCA in South Africa, the CMA in Kenya, the FCA in the UK, the CySEC in Cyprus, and the DFSA in the DIFC.
Is it possible to upgrade to a Pro Plus Account after opening a Cent, Zero, or Premium Account?
Traders can utilise both MT4 and MT5 trading platforms with the Lunar Capital Premium Pro account. Additionally, the Pro account is available as an Islamic swap-free option. Traders using the Lunar Capital Zero account can choose between the MT4 and MT5 trading platforms.
Step 2: Go to the Deposit Section
These PAMM accounts are specialised for trading in Forex, metals, oil, and indices with a minimum trade size of 0.01 lot. The Lunar Capital Top Up Account is distinctive for offering a bonus on every eligible deposit but is exclusively for traders under the regulation of the Financial Services Authority (FSA) of Seychelles. Lunar Capital Top Up account is not available for traders in the EU, UK, and Australia.
