Before we place our first trade, let’s cover some essential concepts. First off, you will notice when you are trading at LunarCapitalFX that the broker website has a huge FAQ section which in itself covers a range of topics with dozens of answers to the most common questions. You can access strategies to follow through the community forums and program your own with MQL5 and C# fully supported. This means you can open positions with as little as $1,000 and this amount can be further reduced if you are trading on leverage. Unlike most brokers, LunarCapitalFX does not charge any kind of inactivity fee.
LunarCapitalTrader—it’s personal
Aside from the products and services already discussed in this review, LunarCapitalFx offers more. In this section, we are going to be looking at these extra products and services. With a fine landing page, users are allowed to edit profiles, manage account settings and process withdrawals. Offering 10+ market indices, LunarCapitalFx Index trading tries to set up clients for a new experience with an exposure to a broader market.
Platforms
Various account types on the 3 platforms have different deactivation dates as stated below. There is no commission charged on both deposits and withdrawals, MT4 and MT5 commission is included in spreads as mark-up, and no additional fee is applied. Opening an account with LunarCapital is done online with a few simple steps which enable you to set up a real or demo account. The process also gives you plenty of information about trading in forex markets. It ticks many boxes for traders, who can access it through the live chat, email, phone, or by using an enquiry form.
- Again the platform is available on all mediums and a webtrader is offered.
- It has management systems that ensure that clients do not lose more than initially invested.
- With versatile accounts and a hassle-free setup process, LunarCapitalFX offers an inclusive trading environment suitable for traders worldwide.
It is super easy to download and install the terminal on any compatible device. LunarCapitalFX is also available on mobile and has dedicatedapps for both iOS and Android. There is virtually no performance differencebetween these mobile apps and desktop apps. LunarCapitalFX traders are able to executive lightning tradesat visible prices without any slippage.
LunarCapitalFX stands out as a versatile and cost-effective broker, appealing to traders across various experience levels. Established in 2011, it has built a strong reputation for offering competitive trading conditions, robust platforms, and a user-friendly environment. With regulation by CySEC and the Mwali International Services Authority, traders can trust LunarCapitalFX for secure and compliant operations. LunarCapitalFX is committed to providing a secure and transparent trading environment for its clients.
Best Forex Broker2023
For novice and even experienced brokers, LunarCapitalFX offers a wide rangeof educational materials. LunarCapital has over 50 different payment options, such as Visa, Neteller, Fasapay, and bitcoin, as well as a large variety of local bank transfers. The availability of these payment methods may also depend on your country of residence. Founded in 2011, LunarCapital (formerly LunarCapitalFX) is part of a group of global entities, which include LunarCapital Markets LTD (based in the island of Mwali) and LunarCapital Markets Cyprus Ltd (based in Cyprus).
Choose from 300+ trading instruments, including shares, commodities, and indices. You can develop your own set of rules for trade entries and exits with the help of automated trading robots (Expert Advisors), which help avoid instinctual blunders while trading. As the system trades mechanically, based on predetermined conditions, your performance won’t be affected by emotions.
- Founded in 2011 in Cyprus, LunarCapitalFX is a well-regulated broker with oversight in place from CySEC and SVG.
- Here are some of the spreads we found on the most commonly traded assets with LunarCapitalFX as an example.
- 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.
- Remember, it’s okay to close a trade early if you feel it’s the right decision.
LunarCapitalFX Main Features
Some of them may not be available within every region or account type. With that said, they still offer good value in terms of trading conditions. This makes it perfect for new traders and those beginners starting out.
This feature allows users to replicate the trading strategies of successful traders (referred to as “Master Traders”) automatically. LunarCapitalFX offers a wide range of educational resources for beginner traders. These include webinars, video tutorials, market analysis, and https://lunarcapital.net/ trading signals, all aimed at helping new traders improve their skills and knowledge. As a beginner trader, it’s essential to know the variety of instruments available to trade.
The company, besides featuring a full fledged FAQs section to help clients find answers to their queries on an immediate basis, offers multilingual customer support 24 hours 7 days a week. There are a lot of additional services to complement the trading interface. The research and learning sections, for example, are of a very high standard and the in-house copy trading service is a neat addition. But the core of the LunarCapital offering is the provision of convenient, efficient, cost-effective access to the markets.
Its LunarCapitalFX.eu arm is regulated by CySec (Cyprus Securities and Exchange Commission) and has offices worldwide. The firm has a strong foothold in the Asian market through its offering an outstanding trade execution service that appeals to traders from all corners of the world. LunarCapitalFX allows traders to select from a number ofplatforms for the biggest cross-section of trading preferences and levels. Thisplatform has a very easy to understand setup and offers inbuilt expert advisorsas well as customizable indicators.
Even though the spreads can also be very low on MT4, and MT5 accounts, as low as 0.2 pips. All of the same withdrawal methods are also available as your deposit method. That means you can access wire transfer, credit/debit cards, and some eWallets like Skrill.
Their educational videos are up to the mark and one can learn everything about trading from beginner to advanced levels of Forex Trading. 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. It automatically closes when the price reaches a certain non-favourable level you can set in advance. Using a Stop Loss order protects your funds from the worst-case scenario. You can use the calculator to manually choose the Stop Loss level for your order.