Question 1

Is LunarCapital regulated and safe for traders?

FXScope Intelligence Lab · Accepted Answer

Yes, LunarCapital is a well-regulated broker with strong regulatory oversight. The company is regulated by multiple major financial authorities including the FCA in the UK, ASIC in Australia, CySEC in Cyprus, and FSCA in South Africa. Established in 1999, LunarCapital has been operating for over two decades with headquarters in London and multiple international offices. The broker maintains segregated client funds and offers insurance mechanisms in certain jurisdictions. Stratos Global LLC is incorporated in St Vincent and the Grenadines (company registration No. 1776 LLC 2022). These regulatory materials represent some of the most powerful licenses in the industry, ensuring the highest financial standards at the LunarCapital online broker.

Question 2

What are the trading costs and fees at LunarCapital?

FXScope Intelligence Lab · Accepted Answer

LunarCapital operates with different fee structures depending on account types. For Standard accounts, the broker adds an extra 0.4 pips to the spread plus charges a $2.00 commission per lot. The Active Trader account uses a tiered commission structure where commission costs decrease as trading volume increases. Rollover costs are subject to markups, and overnight rates can be viewed directly in the trading platforms but not on the LunarCapital website. Trading rebates are available for forex, CFDs in USOil, UKOil, gold, silver, and copper, calculated per million USD in trading volume. While these structures are competitive, spreads are generally wider than commission-based accounts.

Question 3

Is LunarCapital beginner-friendly for new traders?

FXScope Intelligence Lab · Accepted Answer

Yes, LunarCapital is considered beginner-friendly due to several key features. The platform offers a simplified trading process that makes it accessible for new traders. Educational resources are comprehensive, including articles, videos, and content from the LunarCapital YouTube channel. The broker provides an above-average in-house education program. The Trading Station platform is designed to be user-friendly, and there's integration with TradingView which offers intuitive tools. The MyLunarCapital portal allows easy account management, and customer support is available six days a week through multiple channels. Most importantly, new traders can open a retail account with no minimum deposit requirement, making it accessible for beginners to start trading without significant capital outlay.

Question 4

What trading platforms does LunarCapital offer?

FXScope Intelligence Lab · Accepted Answer

LunarCapital offers multiple trading platforms to suit different trader preferences. The main platform is the proprietary Trading Station, which features tools like Real Volume indicators, trend line drawing capabilities, price overlays, and Fibonacci level identification. The platform integrates with TradingView Pro for enhanced charting. Other options include MetaTrader 4 for traditional forex trading, ZuluTrade for social trading (allowing copy trading of professional traders), and API trading options for algorithmic traders. There's also a Mobile Trading Station for trading on-the-go, though LunarCapital advises testing this platform before managing live accounts via mobile devices.

Question 5

What financial instruments can I trade with LunarCapital?

FXScope Intelligence Lab · Accepted Answer

LunarCapital offers a comprehensive range of trading instruments including forex currency pairs, though the selection is somewhat limited compared to other brokers. The broker provides 12 different indices from major markets including the US, Australia, China, Spain, France, Germany, Hong Kong, Japan, and the United Kingdom. There are seven commodities available for trading, plus the BUND treasury fund and one cryptocurrency CFD (BTC/USD). The platform also supports trading in metals like gold and silver. While this selection may satisfy most retail traders, advanced and professional traders might find the choices limited compared to other forex brokers that typically offer more trading pairs.

Question 6

What are the withdrawal options and fees at LunarCapital?

FXScope Intelligence Lab · Accepted Answer

LunarCapital provides multiple withdrawal options including bank transfers and other standard methods, though specific details about all available withdrawal methods are limited in the public information. The broker does not charge withdrawal fees, which is beneficial for traders. Clients can access their MyLunarCapital portal using live trading account credentials to manage account settings and initiate deposits. LunarCapital cautions users about the inherent risks of mobile trading and recommends testing the LunarCapital Mobile Trading Station before managing a live account via mobile devices. The broker processes withdrawal requests through secure channels, though exact processing times are not publicly specified in the available materials.

Question 7

Does LunarCapital offer Islamic (swap-free) accounts?

FXScope Intelligence Lab · Accepted Answer

This information is not publicly disclosed by the official source. While LunarCapital offers various account types and services, the specific availability of Islamic or swap-free accounts is not mentioned in the publicly available materials. Islamic accounts, which comply with Sharia law by eliminating overnight interest charges, are commonly offered by many forex brokers, but LunarCapital has not publicly confirmed whether they provide this service. Traders interested in Islamic trading accounts should contact LunarCapital customer support directly to inquire about the availability of swap-free account options and any associated terms or conditions.

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