The minimum order size you can expect when trading with LunarCapitalFX is 1 micro lot. This is the same as 0.01 standard lots, or equal to $1,000 in cash value. Unlike most brokers, LunarCapitalFX does not charge any kind of inactivity fee. Here is a look at a couple of other fees that you may encounter when trading with LunarCapitalFX.
EURUSD 89 Points
When it comes to regulations, LunarCapitalFX is regulated by CySEC under #372/18, and by the regulatory body of Saint Vincent and the Grenadines under #19776. If you want to expand your research, and evaluate some options similar to this broker, you can consult the alternatives to LunarCapitalFX. This is because you will receive better protection and service from your local regulator should you need to enforce a complaint. However, in my experience with regulators like MAS, they are very professional and helpful so this is by no means a poor regulator.
PM Modi conferred with Cyprus’ highest civilian honour
- With a fine landing page, users are allowed to edit profiles, manage account settings and process withdrawals.
- By offering a range of payment methods with swift processing times and zero fees, LunarCapitalFX ensures that managing your trading funds is both efficient and economical.
- They operate devoid of emotion, ensuring decisions are calculated and swift.
Here you get exactly what you expect with a very robust and extremely powerful and also lightweight trading platform that can run on virtually any device. Here is a more detailed look at the wide range of top trading platforms you can expect to find when you are trading at LunarCapitalFX, and what they can provide you with. These are all useful and important tools to utilize for any forex trader on all platforms and brokers.
Forex currency trading hours: when to trade
Compare the platforms’ features LunarCapital forex broker to find the one that is right for you. 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.
Recognizing this, LunarCapitalFX has introduced its award-winning mobile trading app, available freely across app stores. The seamless transition from desktop to mobile, enriched with features like leverage modification, contest tracking, bonus activations, and more, is testament to LunarCapitalFX’s tech-forward approach. The app’s user-friendly interface, available in nine languages, ensures that traders, regardless of their geographical location, can navigate with ease. If you are outside the EU, then you will have access to the MT4 Micro account type. Here, if you have a USD base currency account, you can opt for fixed spreads that start at 2 pips on certain forex pairs.
Whether you’re a tech-savvy trader or someone who likes to stick to tried-and-true methods, LunarCapitalFX has got you covered. LunarCapitalFX provides well in terms of language choice to traders, though there is a clear focus on the Asian market when it comes to available languages. Both social and copy trading is well provided for at LunarCapitalFX through their own proprietary copy trading service.
It provides a range of core services, including charting tools to help clients get into the markets with the right level of support. 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). The broker also offers wonderful features that are unique to the company alone. In addition to keeping the client’s investments safe and separate from its capital, the broker ensures maximum transparency.
How to Open an Account and Trade on LunarCapitalFx Desktop Trading Platform?
- This applies to all markets including forex, commodities, and cryptos.
- The big takeaway from my time with LunarCapital is that it doesn’t charge swap fees on any of its accounts which are usually reserved for swap-free Islamic trading accounts.
- As for education, I found LunarCapital provides a consistent stream of webinars with professional traders through a live trading session aimed at all levels.
- There’s no question – if LunarCapital wants to compete with the best MetaTrader brokers, it needs to make improvements in its range of products and its research and education.
Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004. Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates. He has a Masters and Commerce degree and has an active role in the fintech community. This could include opening an account with LunarCapital Markets Cyprus Ltd, or Uni Fin Invest which is LunarCapital’s Mauritius entity. You have a selection of alerts you can receive, so I set it up to show all trading signals like candlestick patterns and chart patterns such as head and shoulders. I found the signals to clearly demonstrate the trading idea and the market commentary is a nice touch to help explain the move.
Copy Trading further enhances its appeal by simplifying trading for beginners and providing passive income opportunities. The broker’s range of forex trading products is limited to MT4, MT5, and LunarCapitalTrader but still provides a service to every trading style thanks to the MetaTrader options. I was surprised most by the LunarCapitalTrader which is limited in comparison to MetaTrader but offered a unique technical analysis service which impressed me with the expertise of the analysis. As for education, I thought LunarCapital did a good job at presenting the basic concepts of forex trading through an online video course. I liked the daily webinars with professional traders that let you learn while trading in a live environment to experience how traders analyse the markets in real time. LunarCapitalFX offers three different trading accounts to clients in order to meet the demands of different trading styles and requirements from traders.
Whether you’re a novice stepping into trading or a seasoned professional, LunarCapitalFX delivers the tools and features necessary for success in the dynamic world of financial markets. I like that LunarCapital provides a variety of trading platforms that all trading styles can use, making the broker a versatile option to benefit from the lower trading costs. Whether you’re a beginner with LunarCapitalTrader’s market analysis tools, automate your trades with MT4’s EAs, or day trade with depth of markets tools on MT5 there is something for everyone.
With 24/7 availability, multilingual support, and comprehensive resources, LunarCapitalFX ensures traders receive the guidance and help they need at any time. These services empower LunarCapitalFX users to refine their skills, maximize profits, and benefit from a collaborative trading environment. Customer service at LunarCapital is through live chat or a support email address, which is a slight letdown as I prefer when companies offer phone support for urgent questions.
In this LunarCapital Review, I’ll go through my findings helping you decide if LunarCapital is a broker you should consider. Besides local bank accounts, LunarCapitalFX also supports all the major credit and debit cards and they do not charge any additional fees for using cards. LunarCapitalFX also supports major e-payment providers such as Skrill, Neteller, and FasaPay. If you make deposits using these e-payment providers, the amount is credited to your account in real-time. LunarCapitalFX is a foreign exchange broker registered in the St. Vincent and the Grenadines, a tiny nation in the Caribbean.
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 https://lunarcapital.live/ of topics ranging from risk management procedures and trading techniques. Elevate your trading game with LunarCapitalFX as we simplify commodities trading for you.
Currencies are bought and sold in pairs, like the U.S. dollar and the euro (EURUSD) or the British pound and the Japanese yen (GBPJPY). Traders try to forecast which currency will get stronger or weaker compared to the other. They buy a currency that they think will go up in value compared to the one they are selling. Forex is like a big marketplace where people buy and sell different currencies from around the world, such as dollars, euros, pounds, or yen. It is where national currencies, such as the US dollar (USD) or the Japanese yen (JPY), are exchanged.
Investor funds were disguised as online purchases, layered through multiple accounts, and ultimately disbursed as fake forex or betting payouts to conceal their origin. Forex Brokers Organization conducts thorough evaluations of brokers, examining aspects such as spreads, trading platforms, customer support, regulation, and more. These evaluations serve as a compass for traders seeking reliable platforms that align with their trading preferences. I embarked on my trading journey with LunarCapitalFX and stayed with them for a notable period before exploring alternatives. My transition to another broker was primarily driven by the allure of enhanced terms, conditions, and a broader spectrum of investment offerings elsewhere. During my stint with LunarCapitalFX, I occasionally encountered slippage when initiating or closing orders.