The trust score came in low, largely because the Lunar Capital Markets Inc. entity is unregulated. However, Lunar Capital’s European entity is regulated by the top-tier Cyprus Securities and Exchange Commission (CySEC). According to the broker’s website, clients have negative balance protection, and client funds are segregated from the company’s operating funds.
All of the materials are of high quality and cater to beginners, intermediate and advanced traders. That Lunar Capital is catering to all these groups is a big plus for the site, and the resources are made available to traders using demo as well as live accounts. There is a strong trader focus to the platform backed by very high-quality industry-standard research and learning services coupled with a strong in-house copy trading facility. The pushback comes from the more limited number of instruments a user can trade on this platform. However, this should not detract from what Lunar CapitalFX is, as a convenient, efficient, cost-effective trading proposition, that is attracting a number of third-party industry awards. Everything you need to start trading from beginning to advance level, this website is providing you.
Trading Platforms
There is also the option to transfer funds to a wallet outside of these accounts but within Lunar Capital. All accounts are swap-free, meaning they comply with Islamic law. Scalping, hedging, and the use of expert advisors (EAs) for algorithmic trading are permitted. For instance, arbitrage trading is prohibited under their Customer Agreement. 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.
Lunar Capital Main Features
Their tools are intuitive and their market insights are highly useful. Your positive feedback will be incredibly valuable to potential traders considering our platform. Yes, Lunar Capital offers an affiliate program where you can earn commissions by referring new clients. Whether you’re just starting or looking for more sophisticated trading tools, Lunar Capital’s platform options cater to a variety of needs. Yes, the bonus is withdrawable, but traders need to meet specific volume requirements by trading a certain number of lots before the bonus can be unlocked. There is a dedicated telephone helpline referenced during the account opening process.
Opening an account with Lunar CapitalFX
These trader-friendly policies lead to Lunar Capital receiving a top rating for its deposit and withdrawal procedures. In addition, Lunar CapitalFX also keeps user funds distinctfrom that of the company. Thus, it is in compliance with international Forextrading standards. Further, it uses an authentication model through 3D securetechnology for extra protection to online payments. Lunar Capital’s market research is well organized and varied in its content. Rather than specializing in any one field, Lunar Capital provides a wide assortment of content types.
It’s important to note that minimum deposits and trading costs will also depend on which Lunar Capital entity you choose for establishing your trading account. Lunar Capital offers the full MetaTrader suite, albeit with a fairly limited offering of tradeable instruments. There’s no question – if Lunar Capital wants to compete with the best MetaTrader brokers, it needs to make improvements in its range of products and its research and education. Lunar Capital has improved its educational offering with webinars and live trading session recordings and expanded its educational articles and videos.
- Lunar Capital’s diverse selection of trading instruments, ranging from currency pairs and stocks to commodities and cryptocurrencies, makes it a versatile platform suited for a variety of trading strategies.
- One of the reasons that traders are attracted to the forex and CFD markets is the high degree of available leverage.
- The MetaTrader 5 mobile app also provides many order types, including pending and stop orders.
- Lunar Capital has improved its educational offering with webinars and live trading session recordings and expanded its educational articles and videos.
- Lunar CapitalFX has a truly impressive array of features andoptions to offer to traders.
Learn Forex Trading
Lunar Capital is as confident about its financing costs as it is its execution fees. The breakdown across the two different types of accounts is laid out in a reassuringly transparent manner. The Lunar CapitalTrader platform is innovative, modern, and very well suited for beginners. There is an element of simplicity that you find in many of the more bespoke platforms designed for the modern user that many will enjoy. Lunar Capital, in this regard, stands firm as it complies with all necessary regulations and takes substantive measures to ensure client funds’ safety.
Platform Info
- Lunar Capital provides a wide range of secure and convenient payment options for both deposits and withdrawals, with no commissions and fast processing times.
- These platforms provide robust charting and a wide range of order types and enable automated trading.
- With versatile accounts and a hassle-free setup process, Lunar CapitalFX offers an inclusive trading environment suitable for traders worldwide.
- Electronic access and communication is also protected by a ‘SSL-secured Personal Area’, which has 128-bit encryption, and makes your browsing safe and your data inaccessible to any third parties.
The following table summarizes the products available to Lunar Capital clients. Use our country selector tool to view available brokers in your country. The figures below reflect the available leverage at the offshore entity of Lunar Capital. Available leverage differs according to the asset class, with the most leverage available with CFDs on forex and the least with CFDs on shares. 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.
What kind of analysis does Lunar CapitalVision offer?
He also traded at a couple of different prop trading firms in Chicago. Dan is well-equipped to recommend the best forex brokers due to his extensive experience and understanding of the brokerage industry. 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.
This guide ranges https://lunarcapital.net/ from a glossary of the basics to videos on the important question of which time frame to adopt. The service provides tutorials, which explain how this is done and primes traders to run a cBot and use the free algorithms made available to them. This section of the site is well supported by the Customer Services and the Education sections of the site.
However, it does not provide Percentage Allocation Management Module (PAMM) accounts or Multi-Account Manager (MAM) services. Lunar Capital offers negative balance protection, which means that if a market slippage results in a negative balance, Lunar Capital will adjust the balance to zero. This feature ensures that traders cannot lose more than their initial investment. Periodically, Lunar Capital offers the Lunar CapitalFX Champion Demo Contest, a monthly, risk-free trading competition using virtual funds. Participants compete for real cash prizes ranging from $40 to $500, with winners determined by the highest account balance after four weeks.
The Web Platform allows users to trade directly from any browser and operating system. Trading costs such as spreads are clearly explained on the Spreads and Conditions page. To read the fine print, traders can find the Customer Agreement in the footer of the website.
Lunar Capital offers the MetaTrader 5 mobile app for mobile trading, which is available for Android and iOS. The app offers popular features such as alerts, 1-click trading, and trading from the chart. It has several entities around the world and provides services by industry standards. The app is more feature-rich than the web version of Lunar Capital Trader. The economic calendar, pip calculator, and other tools are integrated within the app, while the web version contains links directing users to external pages.