Below are the minimum deposits for all types of accounts of Lunar Capital. Lunar Capital stands out by offering no deposit or withdrawal fees, simplifying fund management for traders. However, inactivity fees apply after 12 months, and currency conversion fees are charged for non-base currency transactions. Traders should monitor their account activity to avoid these fees.
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As you grow in your trading journey, Lunar Capital Broker’s wide range of tools and resources will be there to support you every step of the way. The payment account holder must match the account holder’s name. For joint accounts, the Lunar Capital account must be opened in the name of any one of the joint account holders. The minimum deposit to open an Lunar Capital Standard, Micro, or Ultra Low Account is USD 5. Lunar Capital’s Islamic Account is swap free to accommodate traders that do not want to pay or receive interest. The Micro, Standard, Ultra Low Standard Account, and Shares Account all have an Islamic Account option.
Besides, they don’t have to pay any Lunar Capital fees for funding or withdrawing funding from their trading accounts. Features such as free deposits and withdrawals make Lunar Capital a perfect trading platform for traders. Lunar Capital offers you deposits and withdrawals that take as little as two or three days to process. When withdrawing money, this is critical as the user gets their money very quickly compared to other trading platforms.
- Filippo’s goal with InvestinGoal is to bring clarity to the world of providers and financial product offerings.
- To open an Lunar Capital Shares account, the minimum deposit is USD 10,000.
- Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing.
- The $5 minimum deposit for the Micro and Standard accounts allows new traders to dip their toes into the world of online trading without a substantial financial commitment.
- Lunar Capital is a well-known and well-respected online broker in the industry.
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As we have already mentioned, the broker allows its clients to deposit and withdraw their funds in more than 10 different currencies. One of the most popular currencies within the Lunar Capital customer base is South African Rand (ZAR). Several years ago, South African traders were not able to use their national currency for trading with Lunar Capital.
Are there any deposit or withdrawal fees at Lunar Capital?
Lunar Capital broker has four trading accounts – Micro, Standard, Lunar Capital Ultra-low, and the Shares trading account. There are quite a few differences among these account types including the minimum deposit requirement, as well. However, the three account types (Micro, Standard, and Lunar Capital Ultra-Low) have a 5 USD deposit requirement. The Shares trading account, on the other hand, comes with a requirement of 10,000 US dollars or 145,310 ZAR. Except for the bank wire transfer, all deposits are immediate.
Additionally, Lunar Capital offers a $30 no-deposit bonus, allowing you to start trading and potentially earn profits without risking your capital. While the bonus is non-withdrawable, any profits made after meeting the trading volume requirements are yours to keep. In addition to the $30 Bonus, Lunar Capital Broker occasionally offers deposit bonuses, where a percentage of your deposit is credited as bonus funds.
One of the most critical aspects to consider is the minimum deposit required by the broker. This article will guide you through everything you need to know about the Lunar Capital Broker minimum deposit, helping you make an informed decision as you embark on your trading journey. Micro account or Cents account is the best option for low-cost Forex trading with Lunar Capital.
- Once you’ve selected your preferred deposit method, you’ll need to enter the relevant payment details to start the transaction.
- At the same time, the brokers with smaller minimum deposits aim for a more mainstream clientele who aren’t interested in some of the more technical services and research tools.
- I love creating and refining trading strategies to navigate the forex market effectively.
- This low minimum deposit is particularly appealing to beginners who are just starting their trading journey and want to minimize their initial financial commitment.
As a trader, I’ve learned that having the right tools and mindset is crucial for success in the financial markets. Recently, I discovered Lunar Capital Broker, a reputable online trading platform that offers a competitive minimum deposit requirement of $5. In this summary, I’ll share my experience on how to make the most of this affordable entry point to improve my trading abilities and increase trading profits.
How much commission does Lunar Capital ask to make the Lunar Capital minimum deposit?
Many Brokers require larger minimum deposits to provide additional premium services that are not available for free on other platforms. At the same time, the brokers with smaller minimum deposits aim for a more mainstream clientele who aren’t interested in some of the more technical services and research tools. Below is a table summary of the Lunar Capital broker minimum deposits depending on https://lunarcapital.net/ account types. The amount of the minimum deposit for brokers like Lunar Capital varies widely from one trading platform to the next and can range from $0 – $10,000 with some brokers and trading platforms. Lunar Capital has a minimum deposit requirement of 5 USD and is aimed at more mainstream traders.
If the currency you deposit into your account is not USD, the amount shown is the equivalent in the deposit currency. The online brokerage firm Lunar Capital.com requires a capital deposit from the trader owning the brokerage account to activate the CFD and Retail foreign exchange (Forex) trading platform. It’s important to note that the exact minimum deposit may vary based on your jurisdiction and promotional offers. Always check the latest details on the Lunar Capital website or contact their customer support for the most accurate information. Start by enrolling with Lunar Capital and setting up an Account if you haven’t already, and then start trading live.
Open your preferred web browser and go to the official Lunar Capital website. Enter your registered username and password in the provided fields and click on the “Log In” to access your account dashboard. To open an Lunar Capital Shares account, the minimum deposit is USD 10,000. After 12 months of inactivity, Lunar Capital charges a $15 maintenance fee, followed by a $5 monthly fee for continued dormancy.
You can expect different timelines to actually receive funds back with you, depending on the method chosen. Lunar Capital accepts multiple base currencies, including USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, or RUB. If your country’s base currency is not listed, you can convert and deposit funds in your preferred currency.
Deposits via credit/debit cards and e-wallets are processed instantly, while bank transfers may take 1 to 3 business days. The Minimum Deposit amount required to register an Lunar Capital live trading account ranges from USD 5 – USD 10’000. Lunar Capital makes three live trading accounts available, the Micro Account, Standard Account, Lunar Capital Ultra Low, and Shares Account. Filippo Ucchino has developed a quasi-scientific approach to analyzing brokers, their services, offers, trading apps and platforms. He is an expert in Compliance and Security Policies for consumer protection in this sector. Filippo’s goal with InvestinGoal is to bring clarity to the world of providers and financial product offerings.