They are fees necessary for trading, which users must pay before or during trading. A platform for copying trades with the ability to control risks is available. Trading on a demo account is an opportunity to test all the theoretical knowledge gained by using the demo account which does not allow financial losses.
Although Lunar CapitalFx is regulated by just 2 regulatory bodies, it does business in multiple jurisdictions worldwide. It prioritizes its clients’ account safety by keeping clients’ funds in segregated bank accounts. 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 spread for all available currency pairs offered by Lunar CapitalFx – including major, minor and exotic pairs are listed in the table below. Lunar CapitalFx offers 33+ forex pairs, inclusive of majors (the EUR/USD pair, GBP/USD, USD/JPY), minors (EUR/GBP, GBP/CAD, AUD/CAD) and other exotic pairs. Clients are allowed to trade their favorites, and at that, with low spreads.
Lunar Capital used to have trouble with pricing, but now they’re much better and are catching up to the cheapest MetaTrader brokers. Also, Lunar Capital hardly ever has any issues with order delays or extra costs, except for some rules that might slow down traders who make a lot of trades quickly. Lunar Capital also keeps a thorough FAQ section on its website to answer often-asked questions about trading and account management. The broker also actively appears on Facebook, Twitter, and Instagram, offering still more means of communication. Single app and web service integrated into the Oct lets you earn like an experienced trader without any specific knowledge. You simply start following some pro trader you’ve picked, and Lunar Capital CopyTrading app automatically copies their trades.
Lunar CapitalFX forex broker account registration and verification
A low spread andminimum depositas well as its own copy trading service make it perfect for many. While they do offer top trading platforms MT4 and MT5, if you are looking for a wide range of assets they may not be perfect. In their review, they claim their European entity being largely unregulated is a red flag.
BTC/USD technical analysis
Lunar Capital is a reputable broker that offers competitive trading conditions on 300+ instruments, with spreads from 0.6 pips and zero non-trading commissions. The broker provides access to popular MT4/5 trading platforms and a proprietary Lunar CapitalTrader platform with advanced features. The company offers bonuses, contests, and a comprehensive education section to enhance traders’ skills. With a strong focus on the Asia-Pacific region and a growing global presence, Lunar Capital has earned numerous awards for its services. Overall, there is a lot to like about Lunar CapitalFX and the range of quality trading conditions that they provide. You get convenient access to the markets via powerful and fully customisable trading platforms with accounts to suit all types of trader.
- It’s not always easy to find good traders to copy, and the performance can be inconsistent.
- Read what actual users and industry experts say about us online in broker reviews.
- Although, the broker’s spreads keep changing throughout the day.
- Simply choose an account, choose the trading application and access it via Lunar CapitalFX Trading App Accounts.
Forex Risk Disclaimer
They also offer real-time market updates, one-click trading, and multiple order execution options to enhance trading efficiency. Our over 15 years of experience in financial markets and high technical knowledge aid in precise and timely identifications. Our independence from brokers and the companies we introduce, our commitment to maximum transparency, and our extensive experience in financial markets contribute to our ranking criteria.
Withdrawal Options at Lunar Capital
There’s also a large number of active traders registered with the company. All of this confirms Lunar Capital’s status and reputation in the industry. Lunar Capital Cyprus entity together with its operations established under ESMA rules offers lower leverage levels as defined by the regulator. This means that European traders or those clients that are registered with Lunar Capital European entity will fall under ESMA regulation Leverage. The incorporation of a mobile economic calendar and customizable alerts—which enable traders to remain updated about market events—was much valued by users.
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. Lunar Capital offers a limited selection of trading assets compared to the market average. The platform supports 277 assets in total, https://lunarcapital.team/ including 52 Forex pairs.
Here’s an overview of its offerings, regulation, platform and more. While some people praise the broker wholeheartedly saying it’s one of the best online trading brokers, others say it is no scam but is poorly managed. However, there are a good number of posted reviews of people denouncing the broker for withdrawal problems and bad trading experience.
What Platforms does Lunar CapitalFX offer?
- However, it’s important to note that some of the products we discuss are from our partners.
- Consider factors like spread levels, execution speed, regulation, support quality, and trading tools when choosing a reliable broker.
- The mobile app offers a wide array of tools and indicators ranging from trends, to oscillators, to volumes and lastly bill Williams.
In this part of this Lunar CapitalFX review, I will explain the educational topics that are offered to educate traders of Lunar CapitalFX. The topics range is quite wide and covers everything a new trader might need to learn and all technical topics a professional trader would use to apply a new strategy. Let me tell you through this Lunar Capital fx review that the broker was authorized and regulated by the UK’s Financial Conduct Authority (FCA) until recently. That is, FCA requires some strict rules that agents must adhere to in order to obtain the license. For instance, the brokers must hold at least £730,000 in tangible assets to prove their financial stability.
It can literally save you from hours of scanning the charts and it’s great that the broker provides it free of charge. You can also get it through some other brokers including Forex.com. Client funds are held in segregated accounts in accordance with international regulation standards. Keeping funds separate from the company funds means that they cannot access them for any other purpose.
There is a huge potential for limited independent business without any leverage. Through its platforms, Mobile Trader included, accessibility is ensured. While the bonus is good for beginners, they do have to undergo identity verification and alteration https://lunarcapital.vip/ of personal account details may forfeit the bonus.
Through this updated Lunar Capitalfx review 2024, I explained the deposit and withdrawal options don’t seem to be sufficient considering the wide variety of options available with other brokers. The broker used to be regulated by one of the best regulators yet they lost it and now their regulation is under review. Lunar Capital FX is a multi-award-winning forex and CFDs broker that has a great base of clients from all over the world. The Lunar CapitalFX scam is surely a closed matter by now since the regulation and licenses were explained all in the designated section at the beginning of this Lunar Capitalfx review.