LunarCapital’s offshore entity offers a 100% welcome bonus up to $2000 whereby new clients can double their initial deposit size. However, due to European regulations, this bonus is not available for clients from the EEA. On the downside, LunarCapital’s high fees for most withdrawal methods are a disadvantage.
If your Internet is working properly, there will be no technical problems. LunarCapital is regulated by the MISA (Mwali International Services Authorities) (BFX ), Saint Vincent and the Grenadines (2726 LLC 2022), CySEC (Cyprus Securities and Exchange Commission) (121/10). When selecting a broker such as LunarCapital, one of the most critical factors to consider is the broker’s regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client’s funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities.
Responsive support team
LunarCapital may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing LunarCapital terms and conditions to understand the commission fees and any other charges that may apply is essential. Trading online with LunarCapital requires an understanding of what you are doing. It can be challenging and requires significant research and understanding of the LunarCapital trading tools and features. That’s why we’ve compiled this detailed LunarCapital review with some important information that will hopefully make you more informed when online trading with LunarCapital.
Can You Make Money Trading Forex With LunarCapital?
This should serve as a warning that your funds may not be secure, and there’s no protective regulatory framework. Unregulated entities can potentially abscond with your money without being held accountable. Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia. Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible. Overall, strict financial regulation is essential for ensuring that trading platforms like LunarCapital operate fairly, transparently, and responsibly, which ultimately benefits all LunarCapital stakeholders involved. LunarCapital offer educational resources which include Blogs, Market Analysois.
Trading Platforms and Tools
When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss. It’s important for LunarCapital traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that LunarCapital losses are limited to the funds available in your LunarCapital account when negative balance protection is in place. Trading CFD trades on the LunarCapital platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling.
- After extensive research over several years, we have compiled a list of the most effective LunarCapital alternatives available today.
- This should serve as a warning that your funds may not be secure, and there’s no protective regulatory framework.
- Yet note that instruments may vary depending on the jurisdiction.
- Nevertheless, the instructional resources’ absence of interesting components like interactive quizzes or films could compromise the learning process.
- Its ECN XL account has no commission, but $5 mark-up per lot applies when you open an account through us.
Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don’t require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features. LunarCapital’s non-forex asset list is less competitive, with the lack of shares a notable exclusion and very few other markets. Many competing forex brokers such as CMC Markets and Plus500 offer trading in thousands of global instruments including stocks from a range of international exchanges, so LunarCapital is behind the competition here. The account stands out as a competitive option for traders of all experience levels. Beginners will appreciate the straightforward pricing model with zero-commission trading, while experienced traders will rate the tight spreads with no restrictions on trading strategies.
Technical Analysis
- When considering LunarCapital for your trading activities, its financial regulatory status in your region is crucial.
- With high-risk leverage, a small sum controls a much bigger financial position.
- LunarCapital Broker is based on the ECN/ STP trading solution while all orders are routed and matched in the electronically configured network through the liquidity pools of institutional providers and market quotes.
- LunarCapital does not charge a commission per trade while all costs are presented by the spread from 0.1 pips.
- Accordingly, there is no autocopy of transactions of the manager’s accounts (the trader who conduct trades for you), an individual sub-account (slave) is set up for each user, which is located inside the MAM.
Major countries LunarCapital covers include the UK, Germany, South Africa, Thailand, the United States China and Australia. All payments made to LunarCapital by traders are securely held in a segregated bank account. When considering LunarCapital for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as LunarCapital, is to assess the broker’s regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. We aim to provide you with all the information in this LunarCapital review you need to determine if LunarCapital is the right fit for you.
I decided to work with brokers right away during my long years of practice. My experience has shown me that a broker can run out of money and lose my money, but if you keep it with different brokers, you don’t have to worry. I am calm because they are unlikely to go broke at the same time. So, I am currently working with three brokers, and one of them is LunarCapital. At first, I wouldn’t say I liked the small selection of cryptocurrencies, but I appreciated them when I took a deep look at their trading conditions. After all, I often scalp, and their low spreads create favorable conditions for this.
With high-risk leverage, a small sum controls a much bigger financial position. The next step involves submitting identification documents for LunarCapital account validation and making a deposit. Once completed, LunarCapital users can download the trading platform of their choice.
The platform showed seamless trade execution across several asset classes, including FX, CFDs, and cryptocurrencies, during testing. The user-friendly interface let for speedy trade placements and effective market data navigation. LunarCapital Forex https://lunarcapital.net/ trading platforms, are based on highly regarded MetaTrader4 and MetaTrader5 in fact like many ECN brokers.
LunarCapital’s commitment to multilingual support enhances accessibility for clients from various regions, although it’s important to note that support is unavailable on weekends. Yes, LunarCapital gives traders access to major cryptocurrencies like Bitcoin, Litecoin, and Ethereum available on a CFD basis. Yet note that instruments may vary depending on the jurisdiction.
Tight dealing spreads lower your overall trading costs and can significantly improve your trading results, especially if you are an active trader. LunarCapital has unusually competitive dealing spreads that you can gauge by opening a free demo account. Our team is always available to guide you through your trading journey, offering seamless customer support and personalized assistance whenever you need it. Supported by the MetaTrader 4 (MT4) platform, which is well-known for its simple interface and strong trading capabilities, LunarCapital helps beginners to run transactions and access learning materials. Furthermore, controlled by the Cyprus Securities and Exchange Commission (CySEC), LunarCapital offers a degree of security very vital for new traders joining the market. LunarCapital provides quality research tools meant to improve traders’ market analysis and decision-making capacity.
I thought that I have many chances to start making money online. To do this, I had to learn how to trade in the Forex market because this is the most profitable way.After a long time of searching and comparing, I chose the LunarCapital broker. It is a regulated company that provides quality access to the financial market. For this, there is a high-quality professional trading platform METАtrader 4. Perhaps someone will think that one type of software is not enough.
This helpful method enables traders to put their expertise into use in actual market environments. Nevertheless, the instructional resources’ absence of interesting components like interactive quizzes or films could compromise the learning process. Although LunarCapital offers necessary teaching tools, traders looking for comprehensive training materials could find the offerings inadequate to acquire advanced trading skills.
To ensure we offer traders accurate and current information, our forex broker reviews also undergo rigorous editing and fact-checking. LunarCapital was launched in 2010 by a group of forex experts aiming to create a competitive and supportive trading experience for clients through transparency and high trade quality. Another bonus for us is the $0 minimum deposit and 0.01 minimum lot size, which makes LunarCapital more accessible than forex brokers such as Plus500 and AvaTrade, both requiring a minimum deposit of $100. It’s fine if you want a no-fuss trading experience but seriously lacking in the research tools, analysis features. Accessing the MT4 or MT5 app through an LunarCapital account is also straightforward, requiring only three easy steps, while mobile traders get the same tight spreads and reliable execution provided by the broker.