It is important to comprehend the available features and terminologies available at a trading platform to make better trading decisions. Trading platforms for desktop, mobile and web traders are available at Lunar Capital. The features, services, and trading conditions are nearly similar for both account types.
deposit bonus
- The executives at Lunar CapitalFX will verify the details and will send a confirmation email.
- Lunar CapitalFX is safe to trade due to FSASVG regulation but it is riskier than top-tier regulated CFD brokers in Malaysia.
- The broker offers automatic Islamic account with no swap fees and no commissions are charged on trades.
- The link will redirect you to the account form where you will need to enter country, city, address, and date of birth.
- Visa cards require a minimum deposit of US$25 while Mastercards require a minimum deposit of €50.
Lunar Capital presents traders with a competitively priced, commission-free pricing environment. It is also a rare broker fully compliant with Shariah law for Islamic traders.Beginner traders will benefit from well-thought-out research and educational services. The generous bonuses and promotions complement the excellent core trading services.
Unlike some brokers who strive to get the next best price for you in this situation, Lunar Capital deems this slippage natural and will not bear any responsibility for it. This is because the price deviation (opening/closing) is due to the available liquidity. This means your orders are transferred to interbank liquidity providers. However, some orders may fail to offset or Lunar Capital might choose not to upset them. The next step is to select a Master Trader whose trade you want to copy from the ranking list.
How do I deposit money into my Lunar Capital account?
Spreads on this account start from 0.6 pips, you do not pay any commissions on trades, and no swap fees are charged for keeping an open position overnight. Everything you need to start trading from beginning to advance level, this website is providing you. Their educational videos are up to the mark and one can learn everything about trading from beginner to advanced levels of Forex Trading. Overall, the total number of available trading instruments at Lunar CapitalFX is lower than most of the CFD brokers in Malaysia. The web trading platform at Lunar CapitalFX can be accessed through the official Lunar CapitalFX website. It has a one-step login and can be linked with online tools and plugins.
- Overall, the minimum deposit on Lunar Capital in Malaysia depends on the payment method you are using.
- The webinars have also been structured so that you can learn at your level.
- According to our review, the MT5 trading account is a better choice for those who use advanced trading strategies.
- This review has been done specifically for Malaysian traders.
- The Copier can choose to copy the Master Traders trade in equal volume or 2 times the volume of the trade or even three times.
Trading Platform Features
Overall, the minimum deposit on Lunar Capital in Malaysia depends on the payment method you are using. You can withdraw as little as MYR 100 or USD 5 on Lunar Capital, depending on the payment you are using. You can withdraw to your Malaysian bank account, card or e-wallet. Based on the overall reviews, we have found fewer complaints regarding issues with Lunar Capital from traders. This generally means the broker is responsive in handling client issues. Because Lunar Capital provides market execution, there is a high likelihood that your orders might be opened or closed at a price different from your requested price.
Trade with a 100% deposit bonus and get a chanceto win an iPhone 15 Pro, a merch pack and many more.
The Copier can choose to copy the Master Traders trade in equal volume or 2 times the volume of the trade or even three times. Find a summary of the deposits/withdrawals options on Lunar Capital. Continuous platform development enhances trading capabilities. Integration of advanced analytical tools improves trading decisions.
Lunar CapitalFX is a privately owned financial services provider based in the Island nation of St Vincent and Grenadines. Lunar CapitalFX offers CFD trading services in various countries of the world. The minimum deposit at Lunar CapitalFX is $5 or RM 1500 with local bank transfer in Malaysia. The minimum deposit amount is different for each accepted method at Lunar CapitalFX. The desktop trading platforms offer the best trading experience with the best customisation and fastest execution.
Of course, always double-check with your bank or e-wallet provider, as they might have their own independent fees. Download our app and keep track of your orders whether you’re in the office, on vacation, or at home. We are constantly improving our product to make your trading experience better. Choose from 300+ trading instruments, including shares, commodities, and indices. The calculation is based on the maximum margin used by the Master as well as the orders’ lot sizes that the Master places within the last 7 active days. Step 6) Step 6)Immediately, you will be taken to your account dashboard.
Lunar Capital Non-trading fees
To open a demo account at Lunar CapitalFX, clients need to enter basic details on the registration window and login into the personal area. After logging in, clients will have the option to open a real and demo account. The account can be opened with any device and the process is completed within 24 hours in general. Following are the steps included in the opening live trading account at Lunar CapitalFX. The safety ratings of Lunar CapitalFX are lower than most of the CFD brokers in Malaysia that are regulated by top-tier authorities. This means that the third-party risk of choosing Lunar CapitalFX is high while client protection is low.
Employ Lunar CapitalTrader platform:made for traders—by traders
The third-party risk of choosing Lunar CapitalFX in Malaysia is higher than all the top-tier regulated CFD brokers in Malaysia. Although from our Lunar Capital review Lunar Capital offers 3 account types, the Lunar CapitalTrader Accounts, MT5 Accounts and MT4 Accounts, they all have same minimum deposit requirement. However, they recommends a minimum deposit amount of US$100 to enable you place sizable trades. Lunar Capital promotions program currently offers a 50% deposit bonus to traders on a minimum deposit amount of $50. The bonus is not automatic, as clients will have to apply for the bonus after their account is credited with the deposit sum. The minimum withdrawal amount on Lunar Capital is MYR 20 for local bank accounts, $5 for withdrawals to e-wallets, and $20 for cards (Visa).
Platform Innovation
The minimum withdrawal via cards on Lunar Capital is US$20, and only Visa cards are supported for card withdrawals. They are processed within 1-3 hours, and may take an additional 30 minutes to transfer the funds. Your card issuer may take a couple more hours to credit your account. Here is a break down Lunar Capital’s minimum deposits, accepted payment methods in Malaysia, deposit rules, and everything else you should know before you fund your trading journey. Lunar Capital is not regulated in Malaysia & they are not licensed by the SCM. Malaysian traders at Lunar Capital are registered under offshore regulation, so you are trading at your own risk.
According to our review, the MT5 trading account is a better choice for those who use advanced trading strategies. This is also ideal for those who wish to keep their positions open for more than a day. The MT4 account type is more ideal for habitual traders who prefer to trade with MetaTrader 4 trading platform. Lunar CapitalFX can be chosen to trade CFDs in Malaysia but the clients are registered under offshore regulation.
The FSA of St. Vincent and Grenadines follows the guidelines and regimes of St Vincent and Grenadines. It is responsible for the activities of the licensed entities and their conflict of interest with the clients. FSA is responsible to the Ministry of Finance and Government of St Vincent and Grenadines.
Lunar CapitalFX is an offshore regulated CFD broker that allows low-cost trading across various financial instruments. They are not regulated by any top-tier regulatory authority. The official website and application of Lunar CapitalFX are also available in Malay language. Traders can withdraw the Lunar Capital bonus after they meet a trade volume requirement of half the bonus amount in lots. Here is a summary of payment methods accepted by Lunar Capital for deposits.
The broker’s low minimum deposit, competitive spreads, and comprehensive educational resources enhance its accessibility and attractiveness to different kinds of traders. There are no swap fees, inactivity fees, or fees for deposits and withdrawals. Three account types cater to traders with different levels of experience.Spreads are competitive, especially in forex and shares. Lunar Capital has also gone above and beyond with its education materials which include live webinars and carefully crafted courses. The overall fees are low for most Forex pairs & CFD instruments, and there are methods for local deposits & withdrawals in Malaysia. The broker offers automatic Islamic account with no swap fees and no commissions are charged on trades.
However, you can deposit to your account using MYR on Lunar Capital and the funds will be converted to the based currency of your account. Withdrawals to Malaysia bank accounts require a minimum of RM 20. These withdrawals are processed within 1-3 https://lunarcapital.net/ hours and may also take about an hour or more for the funds to reach your bank account, depending on your bank. To make money, you will need to make profitable trades on the platform. However, remember that trading involves risk and you can lose your money as well.