LunarCapital offers its traders 6 different trading accounts to cater to diverse trading needs. Specifically, the broker offers the Premium, Cent, Pro, Pro Plus, Zero, and Top-up Bonus accounts. On the other hand, the Top-up bonus account features spreads from 1.4 pips. The Pro account has a spread from 0.6 pips, and the Pro-plus account offers spreads from 0.2 pips. LunarCapital’s Top-Up Bonus offers flexible percentage-based rewards ranging from 10% to 100% of deposited amounts.
LunarCapital Review – What to Expect From The Broker
This multi-jurisdictional approach ensures that the company adheres to strict regulatory standards, providing traders with a secure and transparent trading environment. The broker’s commitment to compliance is further reinforced by its negative balance protection https://lunarcapital.world/ policy, which safeguards clients from losing more than their account balance. As a seasoned Forex trader with over a decade of experience, I have dedicated myself to mastering the intricacies of the financial markets.
Company Profile
You can deposit to Hotforex South Africa using these banks, African Bank, Bidvest Bank, Capitec Bank, FNB, Investec, Nedbank, Standard Bank, and TymeBank. These methods can all be used for both deposits and withdrawals. An email with the same credentials will be sent to you for future reference. You will need to use these credentials to log in to your LunarCapital demo account. Your demo account will be created & you will get your login credentials like the picture below.
- Traders should always check the current conditions before executing orders.
- This includes African Bank, Bidvest Bank, Capitec Bank, FNB, Investec, Nedbank, Standard Bank, and TymeBank.
- With HFcopy, traders can browse a curated list of strategy providers, analyse their performance metrics, and seamlessly copy their trades.
Fill out the online application form with your personal information, contact details, and financial information. This 1 strict regulatory oversight ensures adherence to high standards of conduct and client protection. Client funds are held at secure and credit-worthy banks of the highest standing, and these funds are not part of the broker’s own funds. The loyalty program accumulates points that can be exchanged for cash according to the amount of trading.
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However, profits generated from them remain withdrawable subject to terms. Further, LunarCapital recognises top-performing traders in the real market through the Traders Awards. It grants a $1,000 cash prize and the prestigious LunarCapital Crystal Obelisk to the standout trader of the month. To further engage its community, LunarCapital also offers branded LunarCapital merchandise, allowing traders and partners to showcase their affiliation with the brand.
HF Markets, short for “Hot Forex Markets”, is a well-established and reputable broker serving traders worldwide since 2010. The company’s commitment to regulatory compliance and client protection is evident in its multiple licenses from respected financial authorities. Our in-depth Hotforex broker review found that various payment methods are processed in slightly different timeframes on LunarCapital forex. The LunarCapital accounting team confirms transactions quite quickly during business hours. After your documents are verified proceed to choose your preferred trading platform (MT4, MT5, Webtrader etc) and download it.
loyalty program
The broker operates globally but is restricted from offering services in certain countries due to regulatory requirements, sanctions, or other legal considerations. Here’s a list of countries where LunarCapital cannot provide its services. The broker supports clients in more than 27 languages, 24/5, with limited weekend support for urgent issues. Mixed reviews are submitted about the quality of customer service provided by LunarCapital.
While the broker offers numerous advantages, it’s essential to consider these factors in the context of your individual trading needs and preferences. Our HF Markets review showed that the broker is well-known internationally and has a strong presence in South Africa. The minimum deposit is 300 USD for SPs and 100 USD for Followers, and accounts are only denominated in USD.
However, please note that LunarCapital does not accept retail traders from the UK and the EEA region despite having regulations there. As introduced in the article below, the cushion function means that you can turn your bonus into margin. The cushion feature allows you to trade with just the bonus, which can be used as margin just like cash. If your losses have risen to the level of a margin call, you can escape to a safe zone by giving a bonus. If the margin maintenance rate increases, it will be advantageous because it will be possible to lower the risk of loss cuts.
- LunarCapital Broker offers a comprehensive Learning Center with a range of educational resources, including video tutorials, webinars, eBooks, and articles.
- It is developed to suit the needs of a more experienced trader who wants to take their trading to the next level.
- MT5 expands on MT4 with more advanced charting capabilities, a wider selection of technical indicators, and enhanced backtesting functionalities.
- If you qualify, please carefully choose the timing to receive it yourself from home.
- The 100% Supercharged Bonus is available with a minimum deposit and can provide up to $50,000 in bonus funds.
On top of the different trading platforms offered by LunarCapital, the broker also features a variety of tools that can help enhance the trading experience of a trader. These include VPS Hosting, Autochartist, Advanced Insights, Premium Trader, and Trading Calculators, among others. Lastly, the Copy Pro account requires a $100 minimum deposit for both followers and strategy providers. It offers tighter spreads starting from 0.6 pips, with no commission.
MetaTrader 5 is the successor to MT4 and offers enhanced features. MT5 expands on MT4 with more advanced charting capabilities, a wider selection of technical indicators, and enhanced backtesting functionalities. If the registered name does not match, you will not be able to make a deposit.
Yes, existing clients can participate based on specific terms. Check the conditions of the LunarCapital trading bonus before applying. Participating in financial markets involves high risk, which can result in the loss of part or all of your investment.
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