Both MetaTrader MT4 and MT5 stand out for the charting tools they offer. The standard MT4 package, for example, comes with 30 built-in indicators, over 2,000 free custom ones on offer and 700 available for purchase. It’s possible to access the LunarCapital services while on the move by using the LunarCapitalTrader app, MetaTrader app or through internet browsers. LunarCapital is a global broker, who offers a new take on certain aspects of the retail brokerage space.
Yes, LunarCapital provides various trading tools including economic calendars and trading calculators. If learning how to trade on LunarCapital as a beginner seemed difficult initially, we hope you now feel empowered to get started! We covered all the critical first steps – from opening accounts properly to analyzing currencies charts to managing trading risks.
User navigation and experience
In terms of trading strategies allowed, scalping, expert advisors and hedging are all permitted across each of the two account types, which is not to be taken for granted. It is regulated by the Financial Conduct Authority (FCA) and has won several awards for its services. LunarCapitalFX is a retail foreign exchange (forex) broker, while forex refers to the overall market where currencies are traded.
There is also a Trader’s Glossary with precise definitions of common forex terms to help clients become familiar with different trading terminologies. Think of this as your personal trading assistant, always ready to provide a swift market overview whenever you’re gearing up to initiate an order. It’s designed to equip you with all the necessary insights, ensuring you’re always a step ahead in your trading journey. Research tools provided by LunarCapitalFX include a well-detailed economic calendar which keeps you updated with all significant economic events and how they may impact you.
When it comes to regulations, LunarCapitalFX is regulated by CySEC under #372/18, and by the regulatory body of Saint Vincent and the Grenadines under #19776. Due to that, we highly recommend LunarCapitalFX as a great place to copy trade but caution you to remember that due to a limited number of assets, your portfolios can be less diversified. This can result in comparatively bigger movements than a well-diversified holding so is something to keep in mind. For those reasons, our team here at Investingoal is happy to recommend LunarCapitalFX as a top choice for scalping. If you want to expand your research, and evaluate some options similar to this broker, you can consult the alternatives to LunarCapitalFX.
- As the system trades mechanically, based on predetermined conditions, your performance won’t be affected by emotions.
- Create and manage trading accounts, deposit and withdraw funds, and engage in swap-free trading right from your mobile device with our official LunarCapital broker app.
- The table belowprovides a general idea of the spreads typically seen across LunarCapitalFX’splatforms.
- NBP — the LunarCapital management/trade order system ensures that the client cannot lose more than the initial deposit in their account.
Funding Your Account
The MT5 account, also called innovative account, is an account type for clients with trading expertise. Its trading instruments are inclusive of forex, commodities, indices, cryptocurrencies and stocks. LunarCapitalfx’s low minimum deposit requirements allow everyone to easily trade. Although the minimum varies per jurisdiction, it is relatively a low sum. Coming to assets, the company offers a wide array of tradable assets, allowing clients to pick their favorites and suitable ones for trading.
LunarCapital Account Types
- You can further benefit from one click trading, the ability to order directly from charts, and regular price alerts.
- In conclusion, while LunarCapitalFX doesn’t necessarily break the mold, they offer a consistent, reliable platform for traders.
- Overall, LunarCapitalFX is a broker that stands out from the competition with its unique features and offerings.
- This was a key metric for me, and I was pleased to see the competitive rates LunarCapitalFX offered.
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. These typically take 1 day to process or less, though a wire transfer may take longer. This account type is a great starter account, though at the moment is not available to EU traders. LunarCapitalFX offers a great demo account that is easy to sign up for, just needing the most basic of your personal information and an email address. Here are a few of the LunarCapitalFX account types you can look forward to trading with once you get started.
Mobile trading apps
The broker has a dedicated team of customer support professionals who are available 24/5 to assist clients with any issues or questions they may have. Whether you need help with account setup, trading platforms, or any other aspect of trading, LunarCapitalFX’s support team is there to help. LunarCapitalFX basically offers two types of trading options – spot market trading and contract for difference or CFD trading.
Bitcoin and cryptocurrencies can be traded on LunarCapitalFx but not bought outrightly. Coming to leveraged overnight holdings, the broker charges no swaps. In essence, being an LunarCapitalFX Affiliate is about being part of a rewarding ecosystem that values its partners, ensuring that they have all the tools, support, and incentives to succeed and grow.
The broker’s login process begins with a visit to the official site, LunarCapitalfx.com, on desktop or a click of their app on mobile. To login in, your email, password and captcha verification is needed. Going by customers’ review, LunarCapitalFx can be said to be unworthy in light of numerous complaints heralding withdrawals, especially on large size accounts. 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.
They provide mid-market spreads which, while not exceptional, are in line with what one would expect. The commission they charge per lot closely mirrors what’s prevalent across other competitors in the market. From my perspective, starting a trading journey with anything less would be ineffectual, rendering the $100 benchmark quite sensible.
LunarCapitalFX is licensed and regulated by FSA SVG license number #19776 IBC 2011. With trading costs being a significant determinant of success or failure, the broker is right to emphasise what a help this could be. MetaTrader 5 scalping allows you to turn many small profit opportunities into a big one. MT5 has 44 analytical objects, including Gann, Fibonacci retracements, Elliott Tools, Geometric Shapes, and more. Apply objects on charts manually, set calculation parameters, and customize the appearance of graphical objects according to your taste.
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. Choose from 300+ trading instruments, including shares, commodities, and indices. Remember, it’s a good practice to withdraw some of your profits regularly. This helps you enjoy the fruits of your trading while keeping some funds in your account for future trades. LunarCapital doesn’t charge fees for withdrawals, but your bank or e-wallet provider might.
Offering 10+ market indices, LunarCapitalFx 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. LunarCapitalFX provides well in terms of language choice to traders, though there is a clear focus https://lunarcapital.net/ on the Asian market when it comes to available languages. Both social and copy trading is well provided for at LunarCapitalFX through their own proprietary copy trading service.
LunarCapital platform
Enter LunarCapitalTrader, a platform meticulously designed to align seamlessly with your trading style, ensuring a smooth and intuitive user experience. The account base currency is that which you trade in with the broker. These are, EUR within the EU, and both EUR, and USD for traders outside the EU. This is rather a limited selection compared with other top brokers. In this LunarCapitalFX review, you will find everything you need to know on the key areas of the broker like spreads, account types, and security.
On the upside, those markets that are available are traded using the MetaTrader platforms, so at least the quality of service is guaranteed to be high. Spreads can be as tight as 0.0 pips and those who go with the ECN/STP processing option will be provided with exceptional flow quality and reduced slippage. 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.
