It’s worth noting that LunarCapital’s primary execution venue is one of its own entities in St. Lucia. Founded in 2011, LunarCapital holds a regulatory license in Europe via its Cyprus-based entity – LunarCapital Markets Cyprus Ltd – which is regulated by the Cyprus Securities and Exchange Commission (CySEC). In South Africa, LunarCapital provides financial services to clients through an intermediary, Orinoco Capital, which is licensed by the Financial Sector Conduct Authority (FSCA). 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. In line with the desktop version, the LunarCapital trading app is execution-focused.
It is also regulated by the Financial Services Commission Mauritius (FSC) and Mwali International Services Authority (MISA) for non-EU clients. 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. I also found an interesting feature called Spaces where you can customise an area with trading alerts and real-time news announcements. At Rationl FX, we prioritize clarity and transparency in all our interactions. Our services are available to everyone free of charge, but we do receive compensation from some of our partners for referring clients to them.
In 2019, LunarCapital announced that its MT4 and MT5 accounts would not incur swaps or any type of commission. When choosing my account the broker offers three options which are essentially the same Standard account but used for different trading platforms. Copy Trading further enhances its appeal by simplifying trading for beginners and providing passive income opportunities. With competitive spreads, high leverage options, and robust security measures, LunarCapitalFX strives to provide a comprehensive trading experience tailored to diverse needs. 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.
Komisi dan Fee Trading
LunarCapital affirms that deposits can be made via bank wire, credit card, digital wallet, and cryptocurrency. The available methods vary depending on the client’s residence and may include local bank transfers. LunarCapital does not charge deposit fees, and processing times range from instant to a few days.
- The MT4 account demonstrates the limited selection by only offering four stock indices (AUS200, GER30, NAS100, US30).
- LunarCapital is an international broker ideal for traders looking to operate under competitive conditions.
- This feature allows users to replicate the trading strategies of successful traders (referred to as “Master Traders”) automatically.
If you prefer to trade less liquid and higher risk assets you also have access to altcoins like Dogecoin to speculate on. I think having LunarCapital Copy is a good alternative for beginners or those who don’t want to invest their time in learning how to trade. At least this way, you can copy an experienced trader and benefit from leveraged products such as forex, crypto or commodities like gold. A nice feature I liked was the order ticket showing your potential profit and loss in monetary value compared to just in pips like other platforms. This is LunarCapital review a useful feature if you’re new to trading as you’ll know your monetary risk instead of guessing with a pip conversion which could lead to mistakes and over-risking your trades. These services empower LunarCapitalFX users to refine their skills, maximize profits, and benefit from a collaborative trading environment.
- In 2012, it started organizing courses, and in 2013, it introduced its first bonuses.
- One of LunarCapital’s impressive features I found was the no swap fees on all of its accounts.
- Three account types cater to traders with different levels of experience.Spreads are competitive, especially in forex and shares.
- The availability of demo accounts on both platforms further supports traders in mastering their skills before entering live markets.
- LunarCapital offers more than 300 trading instruments across its accounts, including 52 Forex pairs and 277 CFDs, encompassing indices, commodities, and cryptocurrencies.
How to add cryptocurrencies to MetaTrader 4
While monitoring the spreads the broker’s EUR/USD spread fluctuated between 0.80 and 0.90, which is slightly more than the minimum advertised. With 24/7 availability, multilingual support, and comprehensive resources, LunarCapitalFX ensures traders receive the guidance and help they need at any time. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. LunarCapital has over 50 different payment options, such as Visa, Neteller, Fasapay, and bitcoin, as well as a large variety of local bank transfers. The availability of these payment methods may also depend on your country of residence.
First Champion Demo Contest launched
Automated trading helps traders enter and exit positions much faster than manual trading. This is a distinct characteristic that avoids surprises, which are mostly negative for traders, especially on certain days when swaps can be doubled. However, the range of available methods for the region where the review was conducted from is not very broad, as transfers and credit cards (debit) are not available. Still, the experience with cryptocurrencies was quick, successful, and efficient.
Scalping, hedging, and the use of expert advisors (EAs) for algorithmic trading are permitted. For instance, arbitrage trading is prohibited under their Customer Agreement. My experience with LunarCapital has been largely positive thanks to its excellent ECN trading conditions giving me low spreads that averaged 0.80 pips on EUR/USD with no commissions. This is an impressive feature if you’re new to trading due to the constant flow of trading ideas with detailed market commentary that will help you learn in real time.
With versatile accounts and a hassle-free setup process, LunarCapitalFX offers an inclusive trading environment suitable for traders worldwide. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers.
The ‘Forex Basics/Technical Analysis’ library, for example, contains a step-by-step guide to support traders that are getting into trading. This guide ranges from a glossary of the basics to videos on the important question of which time frame to adopt. The MT5 account offers a wider range of markets than the MT4 account and there are no swaps. LunarCapital Markets Cyprus Ltd is an investment firm registered in Cyprus and regulated by the Cyprus Securities and Exchange Commission (CySEC) using the domain LunarCapitalFX.eu. This enables users to trade with a broker under European regulatory oversight with enhanced levels of safeguards.
Meet Space—your smart trading guide
One question that arises during the review is what happens with the bonus (credit) if the account balance falls below zero. In such cases, if the account balance turned negative, the credit from the bonus would be automatically cancelled, preventing the account from going negative. The minimum deposit is $25, while for several cryptocurrencies, the amount is approximately $50. During the account opening process, clients must https://lunarcapital.vip/ choose a type of account. However, once the process is completed, they can easily add additional accounts with just one click.
General Information about LunarCapitalFX
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. Not only does this reduce your trading costs for longer-term positions but it won’t force you to close a position before being charged a swap. As you can see from the above table all the accounts offer the same regarding trading costs, the only difference is the trading platform.
Established in 2011, it has built a strong reputation for offering competitive trading conditions, robust platforms, and a user-friendly environment. With regulation by CySEC and the Mwali International Services Authority, traders can trust LunarCapitalFX for secure and compliant operations. 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). Opening a MetaTrader 4 demo account is the best way for a new trader to check out the platform, get familiar with the tools, and learn trading techniques.
Is my money safe with LunarCapital?
For example, the “minimum expertise” field lets you choose between newer systems, all the way up to those with legend status. I was also pleased to see a risk score assigned to each trader, to help users differentiate between traders with historically conservative results versus those that have had more volatility and risk. It would be useful to be able to sort the columns from highest to lowest, but that feature is not yet available when looking at the Master Rating results page. LunarCapital offers a mere 257 tradeable instruments, which varies by platform, with the most on its MT5 offering. By comparison, industry leaders Saxo, IG, and CMC Markets all offer over 10,000 tradeable instruments.
