Clients can maximize the opportunity stemming from an availability of popular indices, inclusive of NASDAQ, Nikkei, Euro Stoxx 50 and others. One way in which LunarCapital leads the sector is its willingness to share data on its own operations. In line with this transparent approach, it also provides a range of metrics relating to the performance of its customer support team. Account opening is very much a standard process these days, but LunarCapital 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.
LunarCapital also provides financial services through its intermediary, Orinoco Capital (based in South Africa). Lastly, LunarCapital also has an entity regulated in Mauritius, through Uni Fin Invest . LunarCapital offers the full MetaTrader suite, albeit with a fairly limited offering of tradeable instruments.
The MetaTrader suite of services is the most popular globally due to the blend of features it offers, and the LunarCapitalTrader platform is developing a following of it’s own. It is easy to set up to trade ‘algo’ models on an automated basis, and it offers the expert advisors and MQL5 support services that allow traders to draw on the ideas of others. The fact that LunarCapital offers an almost institutional-grade trading experience doesn’t mean beginner traders are in any way disadvantaged. Quite the opposite; the firm simply offers reliable, fast, low-cost trade execution using market-leading platforms.
Where security is top priority
These flexible software utilities can automatically execute trades and assimilate all the information available on the platform to conduct market analysis and Forex trading. This means you can develop, test, and apply EAs to eliminate obstacles in analytical trading activities. Expert Advisors are written in a proprietary programming language called MetaQuotes Language Version 4. When it comes to making informed decisions about forex brokers, it’s essential to rely on trustworthy sources.
- The LunarCapital technical environment is monitored 24/7 by a dedicated team of highly professional security engineers and technical specialists.
- 4 of these are available for trading through MT4 and this offering includes major indices from the EU, US, Australia, and Japan.
- It is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number and by the Mwali International Services Authority (MISA) in the Comoros Union.
- The account works like a real account, except it allows you to trade with virtual funds rather than real money.
- LunarCapital states that the firm is in full compliance with international legislation and regulation standards, and guarantees funds security and negative balance protection (NBP) to its 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. Your bank may also charge you a commission or fee on wire transfers, though there is no fee directly from the broker. It is the perfect opportunity to trade in a no-risk environment with virtual funds, but which also perfectly replicates live trading. It is the ideal way to get to know more about a broker or the industry.
Deposits & Withdrawals
MetaTrader 4 is available as a web platform compatible with Windows, Linux, and macOS. MT4 can also be accessed via Android, Windows, iOS, and macOS apps. At Rationl FX, we prioritize clarity and transparency in all our interactions. Our services are available to everyone free of charge, but we do receive compensation from some of our partners for referring clients to them. The support team is recognized for its prompt response times and ability to address concerns in multiple languages, reflecting LunarCapitalFX’s commitment to serving its global client base. Remember, it’s okay to close a trade early if you feel it’s the right decision.
On desktop, simply right-click on the list of symbols and select the Show All option. On mobile, press the + button on the first tab from the left and select all cryptocurrencies you would like to add to your instruments list. For example, by choosing one of nine different timeframes (including one minute, five minutes, one hour, daily, weekly, monthly, and more). You can also add graphical objects to the charts, such as shapes (rectangle, triangle, ellipse), arrows, and text.
Social Trading and Copy Trading
This account is meant for those with a goodunderstanding of Forex and a willingness to invest for larger profits. Thisaccount offers the lowest spreads which allow for the maximum length of tradeoptions. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research.
You have no real account to deposit
Managing risk is of course a vital element for any forex trader and broker combination. LunarCapitalFX utilizes all of the tools that are in place with your trading platform to help you to do this. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
What is the minimum deposit for LunarCapital?
The broker operates under multiple regulatory frameworks to ensure compliance with international financial standards. It is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number and by the Mwali International Services Authority (MISA) in the Comoros Union. LunarCapital Markets Ltd. holds an International Brokerage and Clearing House License, further enhancing its credibility. Additionally, LunarCapitalFX is registered with the Financial Services Authority (FSA) of St. Vincent and the Grenadines, offering a robust multi-jurisdictional regulatory framework. This is provided both through their own dedicated copy trading platform and a mobile trading app for on the go trading. You can choose to either be a copier, or a “Master Trader” where others will copy you and you will earn a commission.
The table belowprovides a general idea of the spreads typically seen across LunarCapitalFX’splatforms. OcatFX is one of the most well-known CFDs and Forexbrokers in the world at present. This platform has clients originating from over 100nations around the world.
- The floating spreads can start from 0 pips depending on your account type.
- Platform choice ultimately comes down to personal preference, but LunarCapital has signalled its intent by offering its clients the choice of two market-leading platforms.
- LunarCapitalFX utilizes all of the tools that are in place with your trading platform to help you to do this.
- LunarCapitalFX is licensed and regulated by FSA SVG license number #19776 IBC 2011.
If you are trading from outside the EU, the minimum deposit will be $25 with the LunarCapitalFX Micro account. 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. You can look forward to trading with the MT5 trading platform on this account where the spreads start at great value from 0.2 pips.
good support network for newbies
Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. Founded in 2011, LunarCapital holds a regulatory license in Europe via its Cyprus-based entity – LunarCapital Markets Cyprus Ltd – which is regulated by the Cyprus Securities and Exchange Commission (CySEC). In South Africa, LunarCapital provides financial services to clients through an intermediary, Orinoco Capital, which is licensed by the Financial Sector Conduct Authority (FSCA).
This account type is a great https://lunarcapital.net/ starter account, though at the moment is not available to EU traders. With LunarCapitalFX another of the measures in place to keep you safe as a trader is negative balance protection. This means that you can never lose more money than the balance of your account. This service is offered worldwide, regardless of whether it is required by the regulators or not. Added to that the fact they do only offer a limited range of base currencies and not many deposit or withdrawal methods and you can see the limitations of this otherwise popular broker choice.
LunarCapitalFX basically offers two types of trading options – spot market trading and contract for difference or CFD trading. Traders can invest in a range of options on LunarCapitalFX including currency pairs, cryptocurrencies, stocks, market indices, precious metals, and other commodities. This combination of financial investment options allows for great profit potential.