The app has been downloaded more than 5 million times, with a 4.5 star rating out of 5, which is impressive indeed. The LunarCapitalTrader platform is innovative, modern, and very well suited for beginners. There is an element of simplicity that you find in many of the more bespoke platforms designed for the modern user that many will enjoy. The LunarCapital website has an extensive education section with videos and articles for beginner and intermediate traders. If you prefer web trading, LunarCapitalTrader web version is also available. LunarCapital is regulated in Cyprus by the Securities & Exchange Commission (CySEC) and in South Africa by the Financial Sector Conduct Authority (FSCA).
Although LunarCapitalFx is regulated by just 2 regulatory bodies, it does business in multiple jurisdictions https://lunarcapital.net/ worldwide. It prioritizes its clients’ account safety by keeping clients’ funds in segregated bank accounts. LunarCapitalFx employs state-of-the-art technology and advanced security protocols, which includes SSL web encryption and two-step authentication to protect clients’ confidential data.
Benefits for traders
- Ultimately this means you will have access to an extensive range of tools and indicators depending on your platform choice.
- Offering 10+ market indices, LunarCapitalFx Index trading tries to set up clients for a new experience with an exposure to a broader market.
- This is the commission fee charged by the Master (Signal Provider) whose trade you are copying, and it is up to the individual provider how much this fee will be.
- The Mobile app offers market data; quotes in simple and advanced modes.
- To withdraw funds, customers’ free margin has to exceed the withdrawal amount, then they have to complete the verification process and get their accounts verified.
The allure of commodities for traders lies in their limited correlation to the volatile swings of currencies and the stock market. This unique characteristic enables commodities to play a pivotal role in constructing a diversified and resilient investment portfolio. In today’s evolved investment landscape, multiple avenues are accessible for commodities trading, with derivative trading reigning supreme. This approach empowers you to speculate on a commodity’s price trajectory without the obligation of asset ownership.
Support
A lot of brokers consider them mutually exclusive, so only offer one, if any at all. This section includes details of the basic operations of the financial markets. There is an economic calendar, daily analysis posts, as well as trading signals and market insights.
Fees
LunarCapitalFX offers a variety of deposit and withdrawal methods to accommodate traders worldwide, ensuring transactions are convenient, fast, and cost-effective. This 2024 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on LunarCapital FX broker performance and features.
MT 5 is the world’s number one multi-asset platform provider of futures, forex, CFD, exchange-traded instrument trading. This market has a large number of customers because this platform is very easy to use. MT5 includes Level 2 Pricing, Robotic System Trading, Higher Chatting, VPS Support, Education Market. LunarCapital gives a high priority to analysis and education for both new and experienced traders to its platform, having won a couple of awards in 2023 for ‘best education broker’. All the background materials are of high quality, and the videos are supported on YouTube.
Last year, I had the opportunity to engage with LunarCapitalFX, albeit for a brief duration. On the whole, LunarCapitalFX presented itself as a relatively standard broker, not standing out particularly but certainly not lacking in its offerings. In terms of trading conditions, LunarCapitalFX is comfortably nestled within the industry average.
- Opening a MetaTrader 4 demo account is the best way for a new trader to check out the platform, get familiar with the tools, and learn trading techniques.
- We’ll reset your balance back to zero, ensuring you’re never in debt.
- We covered all the critical first steps – from opening accounts properly to analyzing currencies charts to managing trading risks.
- On the other hand, LunarCapitalFX is a forex broker that provides individuals and institutions with access to the forex market.
- The account works like a real account, except it allows you to trade with virtual funds rather than real money.
- This enables users to trade with a broker under European regulatory oversight with enhanced levels of safeguards.
Compare the platforms’ features to find the one that is right for you. With them, you can place buy and sell orders in market conditions specified by you, typically based on price movements and technical indicators. Automated trading helps traders enter and exit positions much faster than manual trading.
LunarCapitalFX MT4 Micro Account
This offers traders assurance that LunarCapital adheres to strict financial standards and practices transparency and integrity in their operations. LunarCapital’s minimum spread for trading EUR/USD is 0.6 pips – which is relatively low compared to average EUR/USD spread of 0.70 pips. Below is a breakdown of how much it would cost you to trade one lot of EUR/USD with LunarCapital vs. similar brokers. LunarCapital has made significant progress in a relatively short period of time. Since entering a very competitive market eight years ago, it has built up a client base of almost one million traders and won a host of industry awards.
Scalping Review
It combines market data with charting, so customers can see live prices of instruments even as they perform live analysis. LunarCapitalFX’s commitment to offering a diverse range of payment methods underscores its dedication to customer convenience and trust. Explore the vibrant world of index trading by leveraging the powerful MT4 and MT5 trading platforms offered by LunarCapitalFX. With us, you’re not just restricted to one or two choices; we bring to your fingertips the opportunity to profit from 10 of the globally recognized indices.
After clicking on the withdrawal option, next is the selection of the payment methods, and the amount to be withdrawn to get the withdrawal completed. The custom-built LunarCapitalFx mobile trading app features a simple yet functional user interface. The respective app versions are downloadable from the Google Play Store or App Store for Android and iOS-based mobile phones. According to the LunarCapitalFx website, the broker does not charge any fee on deposits and withdrawal.
If you would like to add details to this online LunarCapital or you find inaccurate details LunarCapital broker review please get in touch with us and the changes will be applied. LunarCapitalTrader platformLunarCapitalTrader platforms helps you earn more efficiently. It includes charting tools, market indicators, scripts and EAs, advanced risk management, real time market execution and more. LunarCapital offers 5 crypto markets like bitcoin, ethereum and litecoin — this is a limited range.
LunarCapital holds just one Tier-1 license and one Tier-2 license, resulting in a grade of “Average Risk” within the ForexBrokers.com Trust Score rating system. Though it has been granted regulatory status in Cyprus and South Africa via an intermediary (Orinoco Capital), LunarCapital’s lack of additional reputable licenses heavily weighs down its Trust Score. Becoming regulated in more jurisdictions – especially in Tier-1 jurisdictions – will go a long way towards building trust with existing and prospective customers. An increasingly popular platform on LunarCapitalFX, MT5 hasbeen considered by many as a potential replacement for MT4.
With versatile accounts and a hassle-free setup process, LunarCapitalFX offers an inclusive trading environment suitable for traders worldwide. Metatrader 4 offers advanced charting capabilities to determine entry and exit points with technical analysis, which uses historical price and volume data to help make predictions. It’s also possible to send trading orders straight from the chart. Opening an account with LunarCapital is done online with a few simple steps which enable you to set up a real or demo account.
When it comes to making informed decisions about forex brokers, it’s essential to rely on trustworthy sources. RationalFX, a company with over 20 years of experience since its founding in 2005, has established itself as a credible authority in the industry. With an impressive collection of over 2500 reviews on Trustpilot, boasting a score of 4.2, it’s clear that Rational FX has built a reputation for providing reliable and unbiased information.
See how leading review platforms in the trading industry rate us. Learn from the experience of Muhamad, a successful Indonesian trader. Learn how he started trading with LunarCapital and check out his tips for beginner traders. The idea of making the trading space more comfortable was the start.