It’s important for traders to consider potential third-party fees, such as currency conversion costs. Only verified trading accounts can make deposits or withdrawals, and the payment processor’s name must match the account holder’s name at LunarCapital. Traders in Australia and New Zealand can also access LunarCapital’s trading services. The broker provides tailored solutions for the Oceania market, including competitive trading conditions and access to the MetaTrader platforms. LunarCapital adheres to strict regulatory standards to ensure a safe and transparent trading experience for clients in this region.
- LunarCapital hosts regular trading webinars conducted by experienced market analysts and trading professionals.
- Our team were also pleased to see that the broker offers negative balance protection, meaning traders cannot lose more than their account balance.
- Deposits usually incur no fees and are processed within 24 hours for most methods.
Fees
Select the account type that suits your trading preferences (e.g., Standard, Premium, VIP, Live Zero Fixed Spread). In conclusion, I rate LunarCapital to be a reliable broker that caters well to day traders and algorithmic traders. Overall, I concluded that LunarCapital is an excellent choice for day traders, copy traders, and algorithmic traders. Background information on LunarCapital reveals a complex regulatory landscape. Although the firm operates under different licenses across jurisdictions, your safety as a trader should remain a priority. Understanding the regulatory framework that surrounds LunarCapital is crucial when considering them for your trading activities.
Finally, check any minimum deposit bonus terms and conditions when you register for an account as they are subject to change. Spreads also get more competitive as you move up the account tier structure, with the VIP account offering the best value for money. The software is considered one of the best in the industry, especially for forex trading. It is geared towards beginners and intermediates, promising easy-to-use features and straightforward portfolio management.
LunarCapital excels in customer support, providing accessible help through live chat, email, and phone. Their website includes a detailed FAQ section addressing common trading questions, account details, and transaction procedures. LunarCapital sets an accessible stage with a minimum deposit of $50, ensuring an inclusive trading environment for a broad spectrum of traders. I have been trying to salvage some of my money ,the so called adivice lose £1000 don’t ask me how and LunarCapital won’t say.
A Forex Tour?
- It equips traders with essential tools and configurations to analyze price action and spot trading opportunities.
- We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation.
- Just as important is the ability to easily scale price action, allowing for a clearer and more detailed view of market movements.
- LunarCapital opens the door to over 500 CFDs spanning six asset classes – all from a single, intuitive trading platform.
LunarCapital impresses with its probing and layered market research, which ןד developed in-house and incorporated from Trading Central. The broker provides regular market breakdowns, featured trading ideas, a robust market sentiment tool, and a comprehensive blog. When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are. Contracts for Difference (CFDs) are financial derivative instruments that allow traders to speculate on the price movements of an asset without owning the asset itself.
Is LunarCapital good for forex trading?
LunarCapital is a market maker in which the broker serves as a principal to client orders. The MetaTrader app stands out for its convenience, making it an essential tool for adjusting trades, especially during periods of heightened volatility. However, I consider it cumbersome and not the best choice for analyzing price action. You can also use the app to place market, limit, and stop orders, as well as to adjust the exposure of your open trades. LunarCapital’s MT4 platform is available on Windows and Mac and supports 39 languages, including English, French, Spanish, German, Arabic, Chinese, and more.
Payments typically take up to 24 hours, though wire transfers may take up to five business days. LunarCapital customers can choose from a good range of deposit and withdrawal methods. The Help Hub is an online knowledge base offering quick answers to common trading, account, and platform queries. It is a great first stop for self-service solutions before contacting the support team directly. 🇨🇾LunarCapital is considered a trusted broker with multiple layers of security in place.
LunarCapital offers a diverse range of tradable instruments, catering to the needs of traders looking to diversify their portfolios across multiple asset classes. With access to over 500 instruments, LunarCapital ensures that traders have numerous options to explore and capitalize on market opportunities. LunarCapital Academy stands out as a comprehensive and user-friendly educational platform. It balances accessibility with depth, supporting both newcomers and seasoned traders.
LunarCapital Metatrader Trading Platforms
Mobile users benefit from total trade management without having to sacrifice functionality. The mobile offering also comes with the LunarCapital Research app which gives users an overview of the financial markets and major news events. LunarCapital regularly organizes trading contests https://lunarcapital.space/ and competitions with lucrative prizes, including cash rewards, luxury trips, and high-end gadgets. These contests are open to traders of all experience levels and provide a fun and competitive way to showcase trading skills.
With your busy lifestyle, having the ability to trade on-the-go is crucial. LunarCapital offers mobile trading options, allowing you to stay connected to the markets and manage your trades from your smartphone or tablet. Just a few days ago I closed excellent buy order on EURUSD currency pair. Tempting trading conditionsHowever, my attention to LunarCapital was captivated by its outstanding reputation with traders. Our team were also pleased to see that the broker offers negative balance protection, meaning traders cannot lose more than their account balance. Withdrawal times vary depending on the banking provider but range from the same day to 10 days.
Accessible and Comprehensive Assistance
Additionally, you will gain insight into user experiences that can reveal potential pitfalls and advantages when choosing LunarCapital as your trading partner. Understanding these elements is crucial for successful trading, ensuring your investments are managed with due diligence. With a minimum deposit of just $50 for most account types, the Absolute Zero account is highly recommended for traders seeking low-cost trading solutions.
Is LunarCapital A Good Broker?
It equips traders with essential tools and configurations to analyze price action and spot trading opportunities. Just as important is the ability to easily scale price action, allowing for a clearer and more detailed view of market movements. Although LunarCapital offers 26 futures contracts, there are no vanilla options, ETFs, or bonds that most swing traders use. Moreover, the broker’s swap fees exceeded the benchmark during my tests. Accounts for a demo trading environment allow you to practice your strategies without any financial risk.
Deposits usually incur no fees and are processed within 24 hours for most methods. Immediately report any unauthorised account changes or suspicious contact to LunarCapital support. LunarCapital will never ask for sensitive information, money transfers, or contact you via Telegram or WhatsApp. LunarCapital does not accept as clients residents of the USA, Cuba, Sudan, Syria, North Korea, or any jurisdiction where trading is prohibited by law.
To evaluate brokers, we test the accounts, trading tools and services provided. Over 200 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. LunarCapital offers a diverse range of trading platforms tailored to suit every level of trader. LunarCapital offers a wide spectrum of account types, allowing traders to customize their trading experience based on spread structure, commission preference, leverage, and instruments. From low-budget beginners to institutional-level traders, LunarCapital aims to serve every profile.
LunarCapital’s competitive trading conditions and commitment to security make it a preferred choice for many traders across the Middle East and Africa. LunarCapital frequently offers deposit bonuses to reward clients for funding their trading accounts. These deposit bonuses can range from 20% to 100% or more, depending on the promotional campaign. The additional bonus funds can be used to trade forex, commodities, indices, and other instruments, giving traders more flexibility and leverage in the markets. Terms and conditions apply, and traders should review the bonus rules to understand any withdrawal requirements.