Designed to appeal to both beginners and advanced traders, the LunarCapital Desktop MetaTrader 4 (MT4) platform is much praised for its reliability and adaptability. The software showed robust charting tools and broad technical analysis capabilities throughout testing, therefore enabling users to personalize their trading environment properly. 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. LunarCapitalFX provides outstanding brokerage services with clear, actionable market insights. Their platform’s ease of navigation and excellent customer support make them a standout choice for traders.
What payment methods are available for IB payouts?
This helps identify patterns inbehaviour and improve self-control. First off, you will notice when you are trading at LunarCapitalFX that the broker website has a huge FAQ section which in itself covers a range of topics with dozens of answers to the most common questions. Depending on your location, you may be eligible for an LunarCapitalFX deposit bonus of 50%.
LunarCapital provides a fast service for its withdrawals by sending your funds within 30 minutes after being approved. Approval of the funds can take from 1-3 hours depending on when you make a request. I thought the research provided by LunarCapital was decent as they offered chart and candlestick patterns like doji candlesticks and wedges, or highlighting support and resistance levels to trade. The analysis was well presented on the charts and the commentary was easy to understand and follow, even if you’re new. There are 12 extensive educational articles covering the forex basics but what stood out for me was the free forex trading course.
Research Tools LunarCapitalFX
The broker offers reasonable times to process your deposit and withdrawals. As you can see from the https://lunarcapital.net/ above table all the accounts offer the same regarding trading costs, the only difference is the trading platform. If you want to trade all markets LunarCapital provides, I found your only option is the MetaTrader 5 account. When choosing my account the broker offers three options which are essentially the same Standard account but used for different trading platforms. LunarCapitalFX offers excellent trading services with a platform that is not only easy to use but also rich in features. Their accurate market insights have been invaluable for making informed trading decisions.
In the event of significant market volatility, which may cause sharp price movements, clients may face negative balances. However, LunarCapital’s risk management system ensures that no additional debt is incurred, safeguarding traders from losses exceeding their original deposit. LunarCapital offers Negative Balance Protection, a feature designed to protect clients from losing more than their initial deposit. If an account balance falls below zero due to a Stop Out, LunarCapital compensates the loss and resets the balance to zero, ensuring traders do not owe more than they invested. LunarCapital offers access to multiple robust trading platforms, which include MetaTrader 4 (MT4), MetaTrader 5 (MT5), and LunarCapitalTrader. LunarCapitalFX offers a variety of deposit and withdrawal methods to accommodate traders worldwide, ensuring transactions are convenient, fast, and cost-effective.
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. This is the first time I’ve seen swap-free accounts for all traders, regardless of location and beliefs, making LunarCapital a truly low-cost broker by avoiding these fees. I’m impressed by the range of educational resources LunarCapitalFX offers. They empower traders at all levels to enhance their skills and stay updated with market trends, which has been invaluable for my growth.
What is Our opinion on LunarCapitalFX?
LunarCapital also covers fees so you may access your moany at any time and receive it relatively quickly. Usually, LunarCapital confirms withdrawals within 1-2 business days, but allow extra days for your Bank to process the transaction. The mobile app is also offered for both platforms, while apps are simple to use and offer a wide range of tools at the same time. MT5 mobile offers various charting capabilities and customization which is fantastic for mobile trading along with full management of your account. The account opening is easy to follow, trading conditions are good, along with the platform selection and a range of instruments offered.
- When opening my account I was given the option of only using USD as the account base currency.
- Last year, I had the opportunity to engage with LunarCapitalFX, albeit for a brief duration.
- The platform itself is easy to use on both sides and provides you with a good ability to see the performance of other traders and a number of metrics.
- LunarCapitalFX has displayed a penchant for engaging its user base by hosting regular contests.
LunarCapital Desktop MetaTrader 5 Platform
Whether you’re just starting or looking for more sophisticated trading tools, LunarCapital’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. For Visa transactions, LunarCapital enhances security by using 3D Secure authentication, adding an extra layer of protection for credit and debit card payments.
Becoming regulated in more jurisdictions – especially in Tier-1 jurisdictions – will go a long way towards building trust with existing and prospective customers. Join an intenational broker with 12 yearsof experience and 60+ industry awards. ● Journal your trades to record yourprogress and monitor your emotional state.
How long do deposits and withdrawals take on LunarCapital?
Taking a look at the CFD markets available from LunarCapitalFX, it is noted that they offer a little more than 70 assets in total. Some of them may not be available within every region or account type. With that said, they still offer good value in terms of trading conditions. 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.
- LunarCapital offers a wide range of assets, including currency pairs, commodities, stocks, indices, and cryptocurrencies, all with low spreads and no additional fees.
- LunarCapital offers 5 crypto markets like bitcoin, ethereum and litecoin — this is a limited range.
- Our commitment to safeguarding your investments is evidenced by our negative balance protection feature available to every client.
- After clicking on the withdrawal option, next is the selection of the payment methods, and the amount to be withdrawn to get the withdrawal completed.
- Clients of LunarCapital are able to engage in the Expert Advisor and MQL5 areas of the MetaTrader site.
LunarCapital said that offering swap-free accounts aligns with its business goal of serving a global clientele. One of LunarCapital’s impressive features I found was the no swap fees on all of its accounts. This means you can hold CFD positions overnight without being charged interest or fees like non-Islamic accounts do, making the broker a solid pick if you trade stocks. The spreads on the MT5 account were stable in my tests during the New York and Asian trading sessions. 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. I’m extremely satisfied with the responsive customer support at LunarCapitalFX; they always provide timely assistance when I have questions.
LunarCapital does have a demo account offering for practicing trading strategies with virtual money in a risk-free environment. It also provides Islamic (swap-free) accounts that comply with Sharia law. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. Filippo specializes in the best Forex brokers for beginners and professionals to help traders find the best trading solutions for their needs.
This makes it perfect for new traders and those beginners starting out. If you are trading from outside the EU, the minimum deposit will be $25 with the LunarCapitalFX Micro account. One of the best choices for your first steps as a forex trader with LunarCapitalFX is an MT4 Micro Account.
For those interested in trading indices, LunarCapital provides access to some of the world’s major indices. LunarCapital offers a broad spectrum of tradable instruments to cater to different trading interests and strategies, though it doesn’t include all potential asset classes. The idea of making the trading space more comfortable was the start. Only the traders themselves could give us a better insight into their preferences. Over two years of research and development, we have interviewed traders worldwide, discussing the platform’s usability. With 24/7 availability, multilingual support, and comprehensive resources, LunarCapitalFX ensures traders receive the guidance and help they need at any time.
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