Download Lunar CapitalTrader Lunar Capital
Account opening is very much a standard process these days, but Lunar Capital does offer a particularly neat twist to the situation. The broker takes advantage of some of its clients being domiciled in regions that still permit promotions, and those clients can benefit from a range of offers. Platform choice ultimately comes down to personal preference, but Lunar Capital has signalled its intent by offering its clients the choice of two market-leading platforms.
After clicking on the withdrawal option, next is the selection of the payment methods, and the amount to be withdrawn to get the withdrawal completed. With a fine landing page, users are allowed to edit profiles, manage account settings and process withdrawals. Offering 10+ market indices, Lunar CapitalFx Index trading tries to set up clients for a new experience with an exposure to a broader market. Clients can maximize the opportunity stemming from an availability of popular indices, inclusive of NASDAQ, Nikkei, Euro Stoxx 50 and others.
We will also look at the users’ reviews and answer some frequently asked questions. The social and copy trading experience, hedging, scalping and the option of swap-free accounts are welcoming features offered by Lunar CapitalFx. Again, the provision of standard demo accounts helps clients learn trading and key trading techniques without fear of loss or risk to real funds. The demo account helps them boost their trading confidence before going live.
Where is Lunar Capital based?
During certain events, Lunar Capital offers a bonus where you can claim up to a 100% deposit bonus. One question that arises during the review is what happens with the bonus (credit) if the account balance falls below zero. In such cases, if the account balance turned negative, the credit from the bonus would be automatically cancelled, preventing the account from going negative. During the account opening process, clients must choose a type of account. However, once the process is completed, they can easily add additional accounts with just one click. Copy trading is also available, allowing clients to automatically replicate the trades of other selected traders.
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. However please be aware that some fees may be applied in certain cases. There may also be a fixed exchange rate in place to benefit you as a trader depending on location. Here the broker makes a special fixed exchange rate of 1 USD to 10,000 IDR available that can help traders combat currency volatility.
Providing access to sophisticated charting tools and technical indicators, the platform effortlessly connects with MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Lunar Capital shows a dedication to transparency and financial stability for the years it started to operate under more reliable licenses. The broker manages different accounts, which keeps client money apart from operational resources, hence improving security. Lunar Capital is indeed more appealing and more widely offering various attractive tools and proposals on International trading therefore Broker is better for International traders. Lunar Capital International is useful since it provides a complete learning center, including webinars, videos, and articles, also various research and promotional tools are appealing too.
- It also provides negative balance protection, so that client risk is controlled.
- Unlike most brokers, Lunar CapitalFX does not charge any kind of inactivity fee.
- Founded in 2011 in Cyprus, Lunar CapitalFX is a well-regulated broker with oversight in place from CySEC and SVG.
- The figures below reflect the available leverage at the offshore entity of Lunar Capital.
This section will cover how the different entities of Lunar Capital are regulated and how this impacts you as a trader. We rate regulators on a scale of 1 to 3, with 1 reflecting the highest level of trust. Log in to your profile, scroll down the Dashboard page, press Create Account next to Your Accounts section, then choose a trading platform and press Demo beneath the Account type.
One of the reasons that traders are attracted to the forex and CFD markets is the high degree of available leverage. Leverage is the use of borrowed funds to increase the size of your trading positions beyond what would be possible using only the cash in your account. Over a week-long testing period, I probed customer support with dozens of inquiries, ranging from available tools to fees and questions relating to the security of client accounts. I was surprised at how fast the responses were, and the agents went the extra mile to provide the information I sought. Lunar Capital offers a variety of trading instruments, including CFDs on all the major asset classes— forex, commodities, indices, shares, and cryptocurrencies.
However, not all platforms have the same instruments available for trading. However, the range of available methods for https://lunarcapital.team/ the region where the review was conducted from is not very broad, as transfers and credit cards (debit) are not available. Still, the experience with cryptocurrencies was quick, successful, and efficient.
Customer Support and Responsiveness
According to the broker’s website, clients have negative balance protection, and client funds are segregated from the company’s operating funds. Lunar Capital is regulated by the Cyprus Securities and Exchange Commission (CySEC). However, we can notice the lack of additional reputable licenses which heavily weighs down the platform’s robustness. Nevertheless, Lunar Capital claims to give customers segregated accounts as well as protect them from negative balance. It would be nice if they included third-party account insurance (like policies from Lloyds of London) seen at some other popular offshore brokers. When it comes to availability, Lunar Capital FX works with most countries of the world.
The trend is bullishif an asset’s price is rising, with each consecutive peak and trough higherthan the previous one. A trend is bearishif the price is falling and each successive peak and trough is lower than theprevious one. A trend can also be sidewaysor range-bound when the price ismoving within a specific trading range. Ask / Bid PriceThe askprice is the lowest price a seller will accept; the bid price is the highestprice a buyer is willing to pay.
Demo
It also bucks the industry trend by not charging swaps or inactivity fees. For both trading accounts (Lunar CapitalFX MT4 and Lunar CapitalFX MT5), all fees are reflected in the spread – there are no additional commissions charged. Moreover, there is multilingual support provided by the platform for traders who speak different languages. The promo codes, according to their customer support, is a unique offer for some new clients.
- The only exceptions here may be in the case of your deposit not matching the base currency on your account, you would then have to pay a conversion fee.
- It’s important to note that minimum deposits and trading costs will also depend on which Lunar Capital entity you choose for establishing your trading account.
- Furthermore, through MetaTrader, clients have the opportunity to become “Master Traders,” enabling their trades to be copied by others, for which they receive an income.
- The availability of these payment methods may also depend on your country of residence.
Social Trading and Copy Trading
However, the minimum deposit amount may vary depending on your region and the payment method you choose. The risk level is defined also by the leverage level you use since higher leverage dramatically increases your high risk of losing money as well. For this reason, world authorities and regulators restrict leverage to use to specify safer levels for retail traders. As for the leverage, a known instrument that increases the initial capital you trading with and can be a very useful tool to magnify potential gains is offered by the Lunar Capital broker as well. However, along with its great capabilities, leverage increases risks together with its benefits, so you should always learn how to use tools smartly. Lunar Capital is a versatile choice for traders since it presents a good range of over 300 trading instruments across several asset classes, yet the range is consistant of mainly most popular and volatile instruments.
MetaTrader is also popular due to its copy trading and automated trading features. In the hands-on https://lunarcapital.vip/ testing process, I used MetaTrader 5 for desktops, which includes advanced functions such as copy trading and automated trading. Lunar Capital does not currently charge swap fees – the charge for holding leveraged positions overnight. In our tests for the Trust category, we also cover factors relating to stability and financial strength. Here, we focus on how long the broker has been in business, what is the company size, and how transparent the broker overall.
New instruments: XRPUSD and BCHUSD
For people looking for a sophisticated trading experience, Lunar Capital’s MT5 platform offers a strong and flexible trading alternative overall. Lunar CapitalFX’s extensive range of trading instruments, combined with flexible leverage options and competitive spreads, caters to both novice and experienced traders. The broker’s commitment to providing a diverse and cost-effective trading environment empowers clients to implement various strategies across multiple markets, enhancing their potential for success. Lunar CapitalFX, a globally recognized online forex broker, was established in 2011 with its headquarters in St. Vincent and the Grenadines. This diverse portfolio makes it a popular choice among retail and professional traders alike.
Lunar Capital FX Broker Review
They also offer real-time market updates, one-click trading, and multiple order execution options to enhance trading efficiency. Lunar Capital 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. Such success is built on developing an approach that is, first and foremost, trader focused.
To withdraw the bonus, the client must trade a number of lots equal to half of the bonus amount. For example, if the bonus totals USD 400, the client must trade 200 lots to be able to withdraw it. The threshold to access the bonus is high and requires a substantial trading volume. The Lunar Capital dashboard clearly displays the progress of these lots and the application of the bonus in a detailed manner.