Although, the broker’s spreads keep changing throughout the day. Depending on the market’s volatility, clients can expect to pay a minimum spread of 0.6 pips on trading pairs like GBP/USD and EUR/USD. Commodities like Gold and Silver are on the other hand, tradable on spot for a minimum spread of 1.9 pips and 2.0 pips respectively. Their customer service is accessible beyond standard business hours, offering 24/7 support in 20+ languages available via Live Chat and email. LunarCapital platforms incorporate advanced charting tools, promote ease of use, and support algorithmic trading. Although not proprietary, the platforms provide opportunities for copy trading, allowing users to replicate successful strategies from other traders.
LunarCapitalFX’s commission structure is designed to cater to various types of traders. While standard accounts incur no commission fees, ECN and VIP accounts do have commissions. The fees vary depending on the type of account, but they are considered competitive in the industry. A wide variety of educational content is available for LunarCapitalFX users under the ‘Traders’ Tools’ sections. This includes an economic calendar, daily analysis posts, as well as trading signals and market insights. Video content is also provided via YouTube, with much of this content archived.
Deposits and withdrawals with LunarCapitalFX:
If a broker violates the rules or attempts to commit fraud, the license will be permanently revoked. Luckily, LunarCapitalFX stands out for keeping their fees and commissions competitive across all their different account types. They are LunarCapitalTrader, MetaTrader 4, MetaTrader 5, Islamic Accounts, and Demo Accounts. Let’s break down each of these options to help you understand what LunarCapital provides.
If you see a drop in the market price, then you need to click on ‘Sell’. On the other hand, if you see that the price has increased, then click on the ‘Buy’ button. The current market situation is quickly available in the MetaTrader 4/5 mobile application. The application is, of course, used for FX trading, and it can be said to own a few powerful charting of all mobile applications. All three brokers have good global regulation – LunarCapitalFX is regulated in Cyprus, FXTM is regulated in Cyprus and Mauritius, and Exness is regulated in the UK. As a new trader, I’m always keen to keep my costs down while I’m learning the ropes.
Account Options
Compare the platforms’ features to find the one that is right for you. LunarCapitalFX will make the majority of its revenue from the added spread and reinvest part of the revenue to further improve customer service. Unlike with some other brokers, there are no commissions on deposits, withdrawals, or currency exchanges. Each of the countries you see here has the support to join the broker LunarCapitalFX. This company is a very large trading platform, so you can safely place your deposits or assets here. WebTrader is a popular and convenient trading platform like MT4 and MT5.
Service
Don’t forget to read our full review on Roboforex before you test it out. You can use a free demo account to evaluate the platform first before depositing. Your virtual credit will be included in the demo account with 10,000$ in automatic funding. LunarCapitalFX clients submit this demo account so that the customer can be aware of all the tools. LunarCapitalFX helps customers to know the basics by using the mobile trading app in the market.
Review Methodology
Make sure to evaluate your trading style and budget carefully, as a higher minimum deposit can influence your risk management strategy and overall trading approach. Our market analysis service offers the latest currency rates, including EURUSD and GBPUSD, intelligent technical analysis tools, and daily market insights from our experts. Enjoy smooth and convenient trading with user-friendly interface on a fast and stable platform. Captial.com is one of the biggest online brokers available and is certainly very trusted. They managed to attract millions of users thanks to the simple interface and the dedicated support team.
While the free webinars allows clients to learn from veteran traders one-on-one, at a scheduled time. For articles, a handful exists bordering a wide range of topics ranging from risk management procedures and trading techniques. The trading interface of LunarCapitalTrader is quite unique, it presents users with extended functionality. It combines market data with charting, so customers can see live prices of instruments even as they perform live analysis. 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.
Identify common technical patterns, draw them right on the chart, save templates, and set as many notifications as you like. 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.
Forex Fees
- Other traders’ positions can be copied automatically or modified.
- At LunarCapital, we provide the MT4 platform to help our clients trade efficiently and with complete peace of mind.
- Therefore, it not only facilitates learning for beginners but also potentially enhances trading outcomes.
It’s also possible to open trading orders straight from the chart. Overall it is a professional provider for forex and CFD trading. The trading conditions are very good and the trading fees are low. Time Frames change, Access Trading History and Mobile access for online trading carry friendly and useful features. Although variable spreads are offered in these trade markets, a higher spread may be transmitted depending on the number of customers. You can compare it to the initial or general trading of the stock market.
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. Types of accounts come with different minimum deposit thresholds, which can impact your trading experience. For example, while the Micro Account requires a small initial deposit, the Pro Account might ask for https://lunarcapital.net/ a higher amount to unlock more advanced features.
I can set up custom price alerts too so I always stay in the loop on market moves. The broker also offers a demo account, which is essential for beginners who wish to practice trading before committing real money. LunarCapitalFX’s policy is to offer transparent and hassle-free deposits and withdrawals, allowing beginner traders to manage their funds efficiently. There are a maximum of 28 currency pairs, 3 cryptocurrencies, 10 indices, 4 metals, and 2 energy markets. MetaTrader4 provides a minimalist yet sophisticated service which caters for beginner to advanced traders and also allows user profiles to be set up to carry out Islamic Trading.
In our opinion, LunarCapitalFX MT4 is perfect if you are new to only trading or more experienced and have a preference for minimalistic yet sophisticated trading tools. An LunarCapitalFX MT5 account is perfect if you are a more innovative trader. Below you will find an overview of the key similarities and differences between the two account types. Overall, the differences are rather minimal, and which account type you choose is ultimately a question of your personal preference.
- Time Frames change, Access Trading History and Mobile access for online trading carry friendly and useful features.
- Below you will find an overview of the key similarities and differences between the two account types.
- It is the best of LunarCapitalFX to make a conventional offer that you can apply and accept.
- One suggested improvement is for the site to be more transparent when sharing information regarding regulatory client protection.
It helps maintain a highly competitive cost structure in emerging markets. Autochartist Pro also supports traders in a wide range of ailments through manual support. Traders come to the LunarCapitalFX offer for the experience of trading with LunarCapitaltrader, MetaTrader 4, and MetaTrader 5.
Understanding these factors can help you make informed decisions and maximize your trading returns. To get started with LunarCapitalFX, you should be aware of the minimum deposit requirements, which vary depending on the account type you choose. When choosing a broker, regulation is one of the first things that I look for. I would always prefer to trade with a regulated broker as it gives me the peace of mind that they will operate in an honest manner and can be trusted with my funds. It is important to remember that not all regulators are created equally. The products, features and protection can all vary depending on the entity that you decide to open a trading account with.
The referral program known as Invite-a-Friend has its commission rate to be 1$ per 1 standard lot. 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. These two minor points do not detract from the trading experience, and LunarCapital can be congratulated for so effectively shaking up the broker space. Account opening is very much a standard process these days, but LunarCapital does offer a particularly neat twist to the situation.
