This focus on risk mitigation and security has helped the broker maintain a stable and reliable trading environment for its global clientele. Lunar Capital is best suited for both beginner and intermediate traders due to its easy-to-use platform, educational resources, and low minimum deposit requirement. The broker provides comprehensive trading tools and features that traders can leverage to optimize their trading strategies.
Forbidden trading techniques
In such cases, if the account balance turned negative, the credit from the bonus would be automatically cancelled, preventing the account from going negative. Yes, it offers a referral program where users can get to invite friends for incentives. The referral program known as Invite-a-Friend has its commission rate to be 1$ per 1 standard lot. However, the offshore entity of the broker is regulated by just a 3rd tier regulatory body.
Other trading platforms
This account type is a great starter account, though at the moment is not available to EU traders. 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. Here you can benefit from the ICF insurance protections provided in the case of bankruptcy or insolvency. Still as a trader, you can bank on the legitimacy and security provided by CySEC regulation. Participating in financial markets involves high risk, which can result in the loss of part or all of your investment. Lunar Capital also provides services through Uni Fin Invest, which is based in Mauritius and operates under the regulations of the local financial authority.
Online reviews have revealed that this isn’t quite significant enough to call the broker well regulated. No, the broker does not offer real shares as part of its trading instruments. You can access the broker’s copy trading service by downloading the copytrading app. Aside from the products and services already discussed in this review, Lunar CapitalFx offers more. In this section, we are going to be looking at these extra products and services. The MetaTrader 5 Web Platform (Web Trader) is a slightly stripped-down version of the desktop platform.
To read the fine print, traders can find the Customer Agreement in the footer of the website. The About Us page does a good job of sharing the company’s mission and history through a series of milestones over the years. These two minor points do not detract from the trading experience, and Lunar Capital can be congratulated for so effectively shaking up the broker space. Lunar CapitalFX provides more information about its operational risk management than it does about its regulatory framework. One suggested improvement is for the site to be more transparent when sharing information regarding regulatory client protection. There is no extra verification required, and once a client’s separate wallet is set up, it’s easy to hook up to the signals of other traders.
Lunar Capital is regulated in Cyprus by the Securities & Exchange Commission (CySEC) and in South Africa by the Financial Sector Conduct Authority (FSCA). Lunar Capital holds just one Tier-1 license and one Tier-2 license, resulting in a grade of “Average Risk” within the ForexBrokers.com Trust Score rating system. Lunar Capital has struggled with pricing in the past, but has vastly improved in this category and is now gaining on the lowest-cost MetaTrader brokers. In addition, Lunar Capital boasts no slippage on 97.5% of its executed orders, and no overnight carry costs, yet has restrictions in place that can hinder high-frequency traders. Only the traders themselves could give us a better insight into their preferences.
Lunar Capital is geared towards beginner and intermediate traders, providing user-friendly platforms such as MetaTrader 4, MetaTrader 5, and its proprietary Lunar CapitalTrader. It also facilitates copy trading services and offers extensive educational materials. Additionally, the broker provides promotions and bonus programs, along with 24/7 customer support, aiming to enhance the overall user experience and sustain its global presence.
Lunar CapitalFX Minimum deposit
- It is a global company with several entities responding to different regulatory needs.
- However, deposits via Skrill, Neteller, Visa, Mastercard and crypto are instant.
- The mobile app offers a wide array of tools and indicators ranging from trends, to oscillators, to volumes and lastly bill Williams.
- Lunar Capital does have a demo account offering for practicing trading strategies with virtual money in a risk-free environment.
- Most clients with high volume accounts have an adverse opinion about the company.
The broker offers a 50% deposit bonus on all account types except Islamic and demo accounts. Suppose your deposit amount is $400, so the number of trading lots should be at least 100, which means you can withdraw the deposit amount after 100 lots. The educational materials provided by the broker are sufficient to help traders learn what forex trading is and grasp the basic concepts. The broker offers three primary account types, each with unique quality. The account types are Lunar CapitalTrader, MT4 and MT5 accounts for every trading platform the broker provides.
Trader-focusedplatform
This structure provides flexibility and the potential for profit in both rising and falling markets, making it a convenient option for those looking to diversify their trading portfolio with commodities. By offering CFDs, Lunar Capital ensures that traders can easily participate in the commodities market with lower capital requirements and enhanced leverage options. Complete training in financial markets such as “Forex,” “Stock Market,” and “Cryptocurrencies” only becomes comprehensive with tested trading tools and strategies. “Trading Finder,” with its experience, aids traders and investors in gaining a correct understanding and deep learning.
- Taking a look at the CFD markets available from Lunar CapitalFX, it is noted that they offer a little more than 70 assets in total.
- Rather than specializing in any one field, Lunar Capital provides a wide assortment of content types.
- Lunar CapitalFX offers a variety of deposit and withdrawal methods to accommodate traders worldwide, ensuring transactions are convenient, fast, and cost-effective.
- Experienced traders can take advantage of the advanced features in the MetaTrader platform, such as automated trading.
- Lunar Capital is a global broker, who offers a new take on certain aspects of the retail brokerage space.
Money Protection
Lunar Capital https://lunarcapital.team/ does not provide services to citizens of the United States (US) and residents of Canada, Spain, Belgium, India, Iran, Myanmar, North Korea, Pakistan, the Philippines, the United Kingdom, and the US. Bonuses of 10%, 20% or 50% can be claimed on each deposit with Lunar CapitalFx but there are even bigger bonuses available during holidays and other limited-time events. Lunar Capital offers a swap-free Islamic account that adheres to the principles of Sharia law. The EU entity of Lunar Capital clearly states its regulatory status in the website’s footer.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how derivatives work and whether you can afford to take the high risk of losing your money. To change the leverage on Lunar CapitalFx, users first have to login to their trading account. Set a new leverage by clicking on the leverage ratio in the primary account section, choose preferred new leverage and press the change button to save. The minimum spread users can expect to pay on any trading instrument at any given time is 0.6 pips.
They provide ECN execution which is popular among scalpers for its high speed. The broker also offers copy trading services an accessible minimum https://lunarcapital.vip/ deposit. Yes, Lunar Capital offers copy trading services through its dedicated Copy Trading platform, allowing traders to mirror the strategies of more experienced traders. In terms of tools, traders can choose the most convenient platform among Lunar Capital Trader, MT4, and MT5. With the mobile Lunar Capital app, you can manage all accounts without downloading MT4 and MT5 on your phone. However, not all platforms have the same instruments available for trading.
Bonus Offer for Forextraders Visitors
Daily and weekly forecasts in the Market Insights section preview the key economic data ahead and highlight the major market movers. The reports cover significant support and resistance levels and technical signals from indicators such as MACD and Parabolic SAR. The research section also includes specific trading ideas, target prices, and key price levels to watch. In my tests, I received speedy responses—the same day for email and a wait of just a few seconds for live chat. Despite the lack of phone support, I rate Lunar Capital as average in this category. MT5 provides a greater number of technical indicators, timeframes, and graphical objects.
Lunar Capital is so confident about its pricing that there is a section of its homepage dedicated to sharing the live spread on some major forex pairs. The MT5 account offers a wider range of markets than the MT4 account and there are no swaps. Moreover, Lunar Capital offers opportunities for cryptocurrency trading, featuring popular cryptos like Bitcoin, Litecoin, and Ethereum. However, it’s important to note that Lunar Capital does not currently offer trading in stocks, ETFs, futures, bonds, or options. In terms of commodities, Lunar Capital presents opportunities to trade in energy products, precious metals, and others. For those interested in trading indices, Lunar Capital provides access to some of the world’s major indices.
It allows clients to learn and try multiple risk management strategies without any deposit. The Lunar CapitalFX Demo Account is essentially a practice account With which users can understand and get familiar with various features of the Forex trading platform before committing real funds. However, clients can choose their preferred virtual balance of the account in order to dictate the pace of their learning process themselves. With demo accounts, the ability to trade in micro-lots, copy trading, and strong educational resources, I rate Lunar Capital as a suitable broker for beginners.
The BlackBull Markets site is intuitive and easy to use, making it an ideal choice for beginners. Upgrading to a live account requires a bit more leg-work but is by no means arduous. Payment options include VISA, AWEpay, bitcoin, FasaPay, local bank deposits, local bank transfers, Neteller, Paytm, Skrill, UnionPay. It is clear that the Education section of Lunar Capital’s website is of great importance to the broker. 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.