Lunar CapitalFx employs state-of-the-art technology and advanced security protocols, which includes SSL web encryption and two-step authentication to protect clients’ confidential data. The trading interface of the mobile app is quite basic, yet it is functional. Its only limitation to client is its small screen resolution, hence, making deep technical analysis somewhat difficult. The demo account features live quotes and simulates live market conditions in assets such as forex and CFDs on commodities, indices, and stocks. Once users have gotten up to speed on a demo account, they can easily switch to a live version.
What is the minimum deposit for Lunar CapitalFX?
- Payment methods refers to the various mediums by which users can credit and withdraw from their accounts.
- This extensive selection of instruments makes Lunar Capital a versatile platform for traders seeking to explore different markets and strategies, offering flexibility and potential for profit in various asset classes.
- Forex trading is a major focus, with over 52 currency pairs available, encompassing major, minor, and some exotic pairs.
There is an economic calendar, daily analysis posts, as well as trading signals and market insights. The videos are supported on YouTube, and much of the content is archived. It offers the pricing and execution experience of a no-frills broker but complements this with a range of additional services such as top-quality learning resources and copy trading options. Lunar Capital offers access to multiple robust trading platforms, which include MetaTrader 4 (MT4), MetaTrader 5 (MT5), and Lunar CapitalTrader. With versatile accounts and a https://lunarcapital.team/ hassle-free setup process, Lunar CapitalFX offers an inclusive trading environment suitable for traders worldwide.
Bonus and promotions
It has no restrictions on Stop/Limit levels and allows users to perform multiple functions like reverse, double or close all positions in one click. CTrader has a desktop version, and is also available in apps for android and iOS. However, for live account types, clients must complete the KYC process before initiating positions or withdrawals. Below is the step-by-step guideline of registering with the broker via desktop. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points.
Lunar Capital provides low-cost trading with spreads as tight as 0.4 pips for major currency pairs, making it an affordable choice for many traders. The broker offers commission-free trading on its Standard accounts, which is ideal for casual traders looking to minimize costs. For more advanced traders who require even tighter spreads, Lunar Capital offers ECN accounts on the cTrader platform. These accounts come with tighter spreads but include a small commission per trade, catering to those who need more precise trading conditions.
Fast deposits and withdrawals
- Lunar CapitalFX 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.
- Its growth has enabled Lunar Capital to continue to expand its products and services.
- Additionally, the app allows users to view the history of each operation, including changes made to orders, with great clarity.
- This service is offered worldwide, regardless of whether it is required by the regulators or not.
- The broker’s low minimum deposit, competitive spreads, and comprehensive educational resources enhance its accessibility and attractiveness to different kinds of traders.
Through Lunar Capital FX, you can access additional perks like autochartist signals, evolving trading conditions, weekend trading with digital assets, copy trading and a wide range of educational materials. Trading with a reliable broker is important for traders to be shielded from potential risks and challenges. Lunar CapitalFX is an online forex, and CDF trading broker awarded the Most Reliable Broker Asia 2023 at the Global Forex Awards. A demat account is a digital storage mostly used by Indian investors to hold securities in virtual form. The main difference between demat and trading accounts is that the former is just a repository, and the latter allows you to buy and sell your securities. Once it is created, you cannot switch the type of your Lunar Capital trading account.
The offshore entity also references its corporate registration number with the Saint Lucia authorities at the bottom of each page. However, there is room for improvement in terms of being clear about the unregulated status of the offshore entity. This section will cover how the different entities of Lunar Capital are regulated and how this impacts you as a trader.
Web and mobile trading platform Lunar CapitalTrader enables you to diversify and upgrade your trading. You can also create accounts on the MetaTrader 4 and MetaTrader 5 platforms to trade Forex, cryptocurrencies, and other instruments. Compare the platforms’ features to find the one that is right for you. Founded in 2011 in Cyprus, Lunar CapitalFX is a well-regulated broker with oversight in place from CySEC and SVG.
The number of markets is also different across the platforms, but none of them offers a range of instruments that could in any way be called excessive. It is possible to trade forex, metals, soft commodities, single stocks, indices, energies and a choice of five cryptocurrencies. The MT4 account demonstrates the limited selection by only offering four stock indices (AUS200, GER30, NAS100, US30). Lunar Capital does have a demo account offering for practicing trading strategies with virtual money in a risk-free environment. It also provides Islamic (swap-free) accounts that comply with Sharia law. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process).
Features like its trading glossary, platform tutorials, and dozens of Frequently Asked Questions (FAQs) help to flesh out Lunar Capital’s educational offering. That being said, there isn’t much educational content for learning how to trade or understand market dynamics. It’s worth mentioning that the broker does have a blog and a YouTube channel, yet I was still left wanting more. Lunar CapitalFX offers 24/7 customer support through live chat on the broker website. However, it lacks other customer care support resources, including email and phone support.
Indices
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. The deposit methods available to you when trading with Lunar CapitalFX will depend on where you live, but wire transfers, major credit/debit cards, and eWallets such as Skrill are typically available worldwide.
Fits your trading style
Although Lunar Capital provides a solid foundation of educational resources, the broker could benefit from expanding its offerings to include more interactive elements such as quizzes or advanced courses. Lunar Capital regularly offers bonuses and promotions to attract new clients and reward existing ones. These promotions include deposit bonuses, trading contests, and cashback offers. However, the availability of these bonuses may vary depending on the trader’s location and the applicable regulatory environment. This approach ensures that traders receive a reliable and rewarding experience, even without relying on promotions. Lunar Capital is considered a safe broker for trading because of its implementation of key security measures such as negative balance protection and the use of segregated accounts.
Lunar Capital is a global broker, who offers a new take on certain aspects of the retail brokerage space. Founded in 2011, its products are available through Lunar CapitalFX.com and Lunar CapitalFX.eu. Lunar Capital, in this regard, stands firm as it complies with all necessary regulations and takes substantive measures to ensure client funds’ safety. The support team is recognized for its prompt response times and ability to address concerns in multiple languages, reflecting Lunar CapitalFX’s commitment to serving its global client base. The broker has two referral programs, including the Invite a Friend and the IB partner programs.
Moreover, you can also participate in demo contests arranged by the broker and earn actual cash rewards. Within Europe, the minimum deposit on the available account types of MT5 Pro is $50. Lunar Capital offers several account types, including the Micro, Pro, and ECN accounts. Each account type is tailored to different trading needs and strategies. The “TradingFinder” platform offers various services, some of which, like introductions, are free, while others, such as our specialized services, are provided for a fee or through a subscription.
Copy and automated trading are only available on the MT5 desktop platform. MetaTrader is also popular due to its copy trading and automated trading features. 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. The table below lists the protections and benefits by entity, regulator, and region.
In 2019, Lunar Capital announced that its MT4 and MT5 accounts would not incur swaps or any type of commission. We measure success by the cost-effective trading conditions we provide and by success stories our traders share. With 54B+ trading volume and 933K+ positions opened, Alvexo has grown to accommodate an ever-growing 300K+ members. This review will explore the broker’s regulations, online trading fees, safety policies, leverage, spread, deposit & withdrawal methods and account opening processes at Alvexo.
Forex, binary options, cryptocurrency, and CFD trading on margin involve high risk and are not suitable for all investors and traders. Lunar CapitalFX is a financial broker with more than 40 million accounts opened on it. Lunar Capital Markets Ltd serves its clients in the Americas and other parts of the world https://lunarcapital.vip/ and is regulated by the Mwali International Services Authority (MISA) in the Comoros.
The broker also maintains a comprehensive FAQ section on its website, providing in-depth information on common queries related to trading, account management, deposits, and withdrawals. Finally, Lunar Capital offers free educational resources such as articles and video tutorials. For more experienced traders, Lunar Capital provides advanced analytical tools, including charting capabilities and various technical indicators. Lunar Capital platforms incorporate advanced charting tools, promote ease of use, and support algorithmic trading.
