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. See how leading review platforms in the trading industry rate us. 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.
On Lunar CapitalFx, customers can withdraw funds from their trading accounts using the same ways they deposited. To withdraw funds, customers’ free margin has to exceed the withdrawal amount, then they have to complete the verification process and get their accounts verified. The broker claims to process all withdrawal requests received within 1-3 hours.
Available Assets at Lunar CapitalFx
As the system trades mechanically, based on predetermined conditions, your performance won’t be affected by emotions. Automated trades are also executed much quicker, leading to a decreased chance of slippage. Lunar Capital doesn’t charge fees for withdrawals, but your bank or e-wallet provider might. Now that you’ve signed up, it’s time to pick the right account for you.
Free demo accounts
They also cover the deposit and withdrawal fees that third parties (like Skrill, Neteller and others) may apply. However, with deposits using bank cards, your card issuer may charge some fee for processing the transactions. With them, you can place buy and sell orders in market conditions specified by you, typically based on price movements and technical indicators. Automated trading helps traders enter and exit https://lunarcapital.vip/ positions much faster than manual trading. MT4 opens with four charts by default, each representing a unique currency pair. The Market Watch window with two tabs is on the left of the charts.
Its only limitation https://lunarcapital.team/ to client is its small screen resolution, hence, making deep technical analysis somewhat difficult. No, you can use a web platform or install the Lunar Capital trading app on your mobile device and trade on a demo account without any limitations. Although Lunar CapitalFx is regulated by just 2 regulatory bodies, it does business in multiple jurisdictions worldwide.
Lunar Capital has also gone above and beyond with its education materials which include live webinars and carefully crafted courses. Lunar Capitalfx’s low minimum deposit requirements allow everyone to easily trade. Although the minimum varies per jurisdiction, it is relatively a low sum. Coming to assets, the company offers a wide array of tradable assets, allowing clients to pick their favorites and suitable ones for trading. There is also an availability of multiple trading tools and indicators, which serves to enhance clients’ trading experience and help them trade confidently. The broker has its proprietary trading platform known as Lunar CapitalTrader, which operates on web and mobile versions.
We have a complete Lunar Capital copy trading review you can check out later. Now that your account is funded, it’s time to get familiar with your trading platform. Don’t worry if it looks complicated at first – we’ll break it down together. Lunar Capital offers three main account types, each designed to fit different trading styles.
- The generous bonuses and promotions complement the excellent core trading services.
- Various account types on the 3 platforms have different deactivation dates as stated below.
- Although Lunar CapitalFx is regulated by just 2 regulatory bodies, it does business in multiple jurisdictions worldwide.
- If learning how to trade on Lunar Capital as a beginner seemed difficult initially, we hope you now feel empowered to get started!
- However, some users have appraised the company, claiming they had good trading experience and fast withdrawal.
- In addition to this, Lunar CapitalFx is one of the MetaTrader 4 brokers and also offers the MetaTrader 5 platforms to traders.
We accept all the most popular payment methods
- Deposits made to trading accounts must therefore be made from bank accounts in your name only.
- 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.
- Nevertheless, new users can always use the promo codes of Lunar CapitalFx affiliates to receive bonuses or chat with the live support on their website to get the promo code.
However, the company’s offshore entity is not regulated by a tier 1 regulatory body, which offers a less sense of security. The video course provides a sound introduction to forex and forex trading, helping beginner traders to grasp things quickly. 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 of topics ranging from risk management procedures and trading techniques. Payment methods refers to the various mediums by which users can credit and withdraw from their accounts. Lunar CapitalFx offers its users different payment methods to be used either for deposits or withdrawals.
Trustpilot Users’ Review About Lunar CapitalFx
The account works like a real account, except it allows you to trade with virtual funds rather than real money. Experienced traders often use MetaTrader 4 demo accounts to test new trading strategies before using them in real trading. SwissQuote prides itself on having a legacy that supports the democratization of trading and finance. However, for live account types, clients must complete the KYC process before initiating positions or withdrawals.
Again, the provision of standard demo accounts helps clients learn trading and key trading techniques without fear of loss or risk to real funds. The demo account helps them boost their trading confidence before going live. The Lunar Capital demo account is essentially a Forex practise account. Explore all the features of your trading platform and learn how the Forex market works before depositing any real funds. Whether it’s their infamous CopyTrader or global outreach that caught your attention, there is no doubt that eToro is a top broker.
It offers tools for price change tracking, trend pattern recognition, and automated trading. MetaTrader 5 is a sophisticated trading platform with lots of analytical tools. It is known to be quite popular among intraday trading pros and algorithmic traders thanks to its advanced features. No, you can start trading right after you sign up and create your first demo account with Lunar Capital. The broker’s login process begins with a visit to the official site, Lunar Capitalfx.com, on desktop or a click of their app on mobile.
Most clients have reservations about the company’s legitimacy. In their review, they claim their European entity being largely unregulated is a red flag. According to a member on Reddit, Lunar CapitalFX occupies the security commission’s list of platforms to avoid. However, some users have appraised the company, claiming they had good trading experience and fast withdrawal. At Lunar Capital, we provide the MT4 platform to help our clients trade efficiently and with complete peace of mind.
Trading Interface
Nevertheless, new users can always use the promo codes of Lunar CapitalFx affiliates to receive bonuses or chat with the live support on their website to get the promo code. Compared to other brokers, Lunar CapitalFx claims to have low trading fees and charges nothing on deposit and withdrawal. The broker claims to process withdrawals by cryptocurrency immediately but withdrawals with bank payment could take 1-3 hours depending on the processing bank. You can access the broker’s copy trading service by downloading the copytrading app.
The Copy Trading app is available for Android and iOS devices. Lunar CapitalFx seems to pay concise attention to clients’ education. The company’s educational library is well maintained and offers rich learning resources that includes webinars, articles, platform tutorial videos and a video course. With a fine landing page, users are allowed to edit profiles, manage account settings and process withdrawals. The term leverage is the ability to have access to added funds – margin – when trading financial instruments. Although increasing your margin could boost your market exposure, it also raises your vulnerability to losses.