The availability of online chat, the operators of which promptly answer questions and solve technical problems that arise. First off, you will notice when you are trading at Lunar CapitalFX 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. As a copier here, you also will not be charged any other commission besides that set by the person you are copying. This amount can vary depending on the master as they have freedom to individually set commission. This bonus is also withdrawable though you must meet certain terms and conditions set by the broker.
Does Lunar Capital operate a bank?
Lunar CapitalFX is a legit company headquarted in St. Vincent and the Grenadines since 2014. Lunar CapitalFX is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams. If you wish to further safeguard your account, you can empower Two-Step Verification as well.
However, while customer service is generally praised, there have been rare reports of traders desiring more thorough instructions. When testing Lunar CapitalFX’s customer support, we found that Lunar CapitalFX excels, an aspect of the Forex and CFD trading industry that cannot be overlooked. Furthermore, Emirati traders have complete control over the withdrawal of their accrued rebates based on the withdrawal options available. A 5% loyalty bonus and a point-based system that adds 1% to the earned rebate round out the program’s dual-benefit structure.
MetaTrader 5 Mobile App
A lot of brokers consider them mutually exclusive, so only offer one, if any at all. Copy trading with Lunar CapitalFX is perfect for beginners who are just starting with forex trading. By following experienced traders, you can learn the ropes of the market and develop your own trading skills. Meanwhile, experienced traders can use the platform to share their knowledge and expertise with others while earning additional income. Lunar CapitalFX primarily operates with a commission-free model on its standard accounts.
- Lunar Capital provides dozens of detailed guides in article format on subjects ranging from using moving averages to setting up the Autochartist Metatrader plugin.
- Negative balance protection is a policy that some brokers offer but should be considered by all.
- These bodies have rules that ensure that trading platforms have steps in place to keep investor’s assets secured.
- They offer MetaTrader 4, MetaTrader 5 and their own Lunar CapitalTrader platform (which I prefer the most).
- Lunar CapitalFX is licensed and regulated by FSA SVG license number #19776 IBC 2011.
About Lunar Capital Trading Platform
Stocks, currency and other commodities and instruments will be brought or sold by Lunar CapitalFX even if no buyer or seller is lined up. Withdrawing money from Lunar CapitalFX processing time varies depending on the method but averages 1-5 days. Lunar CapitalFX is overseen by the top tier financial regulators MISA (Mwali International Services Authority) (T ) so can be considered a good broker. After extensive research over several years, we have compiled a list of the most effective Lunar CapitalFX alternatives available today. If you are unsatisfied with Lunar CapitalFX or want to explore other options, we recommend checking out our carefully curated list of highly-rated Lunar CapitalFX alternatives. Follow the links below to learn more about these Lunar CapitalFX broker alternatives and choose the one that best suits your trading needs.
Furthermore, your funds will always be held in segregated accounts with top-tier banks when you trade with Lunar CapitalFX. This means that no matter the financial situation of the broker, your https://lunarcapital.vip/ funds will always be safe. 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. In fact, the platform and broker have won many awards for this service. The combination oflow spreads and fast execution speeds make this broker a great choice for scalpers.
- You can choose from a decent variety of versatile account types, each designed specifically for different types of trader.
- Here are some of the spreads we found on the most commonly traded assets with Lunar CapitalFX as an example.
- Lunar CapitalFX’s customer support is available 24 hours a day, 5 days a week.
- Overall, the total number of available trading instruments at Lunar CapitalFX is lower than most of the CFD brokers in Malaysia.
It will also explore the investment safety measures provided by the broker. The MT4 Account from Lunar Capital is designed for traders who prefer using MetaTrader 4, a widely respected platform known for its user-friendly interface and advanced charting tools. This account type offers low spreads starting from 0.6 pips and no commissions, making it a great option for those seeking cost-effective trading. It is suitable for both new and experienced traders who want to trade a wide range of instruments, including forex, commodities, and indices.
Broker Types
Yes, Lunar CapitalFX can be chosen to trade CFDs in Malaysia as the spreads are low and no swaps are applicable on the MT5 account type. The support services are good through live chat but local phone support is not available in Malaysia. The Lunar CapitalFX demo trading account is useful for beginners to gain experience of trading forex and CFDs.
The terminals are compatible with any device with internet access and they support all major tools, including one-click trading, advanced charting, and technical analysis. Lunar Capital uses modern technologies to protect the transactions and personal data of customers. The user’s personal https://lunarcapital.team/ account is protected by SSL and 128-bit encryption, and 3D secure technology is used to process credit and debit cards. Starting with the Lunar CapitalTrader, this account boasts spreads from as low as 0.6 pips, offering a competitive edge with its floating spread and markup strategy. Remarkably, there are no trading commissions, nor fees for deposits and withdrawals, making it an appealing choice for those looking to maximize their trading value. Modern brokers like Lunar CapitalFX provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources.
By comparison, industry leaders Saxo, IG, and CMC Markets all offer over 10,000 tradeable instruments. Lunar Capital (formerly Lunar CapitalFX) offers a basic, low-cost MetaTrader platform experience alongside its proprietary web and social copy-trading platform. We hope, that reading all of the Lunar Capital reviews you will find the answers to your questions.
However, the opinions and reviews published here are entirely our own. 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. 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.
To view the Lunar CapitalFX payment options available, you can log into your Lunar CapitalFX member’s area. Trading Centrals Alpha Generation Indicators can help Lunar CapitalFX traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing Lunar CapitalFX traders to potentially stay one step ahead. After logging into your Lunar CapitalFX account, you’ll find a range of trading platform options available below. Lunar CapitalFX also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go. If you want to trade currency pairs on global Forex markets, Lunar CapitalFX offer over currency pairs.
The spreads are average, and the minimum deposit on accounts is 100 USD with the methods of depositing and withdrawing, including bank transfers, Visa, and e-wallets. Negative balance protection is a policy that some brokers offer but should be considered by all. It is a way to safeguard a client’s capital and is another way to make new traders feel at ease when trading for the first time. Lunar Capital has an entire page dedicated to this policy, and they offer it to all their clients on all the available accounts. This forex broker allows you to open more than one demo account at a time and does not impose a duration limit on the account.